RBC Ultra-Short Fixed Income Fund (RUSIX) belongs to the Ultrashort Bond category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with RUSIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RUSIX
RUSIX charges 0.48% annually. There are 44 mutual funds in the Ultrashort Bond category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes Conservative Microshort Fund | 0.05% | — | Feb 2021 | RUSIX vs FHCOX | |
| DFA One Year Fixed Income Portfolio | 0.13% | — | Jul 1983 | RUSIX vs DFIHX | |
| Baird Ultra Short Bond Fund Institutional Class | 0.15% | — | Dec 2013 | RUSIX vs BUBIX | |
| Six Circles Tax Aware Ultra Short Duration Fund | 0.15% | — | Jul 2018 | RUSIX vs CUTAX | |
| DFA Two-Year Government Portfolio | 0.17% | — | Jun 1996 | RUSIX vs DFYGX |
Best Risk-Adjusted Alternatives to RUSIX
RUSIX has a PortfoliosLab risk / return rank of 95. There are 51 mutual funds in the Ultrashort Bond category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Navigator Ultra Short Term Bond Fund | 100 | — | Mar 2019 | RUSIX vs NUSIX | |
| Baird Ultra Short Bond Fund | 100 | — | Dec 2013 | RUSIX vs BUBSX | |
| Baird Ultra Short Bond Fund Institutional Class | 100 | — | Dec 2013 | RUSIX vs BUBIX | |
| PIMCO Short Asset Investment Fund | 100 | — | May 2012 | RUSIX vs PAIPX | |
| SEI Institutional Investments Trust Opportunistic ... | 100 | — | Dec 2006 | RUSIX vs ENIAX |
Top Performing RUSIX Alternatives (YTD)
RUSIX is at 1.33% YTD. There are 44 mutual funds in the Ultrashort Bond category with higher YTD returns, going as high as 2.15%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Semper Short Duration Fund | 2.15% | — | Dec 2010 | RUSIX vs SEMRX | |
| PIMCO Short Term Fund | 1.92% | — | Oct 1987 | RUSIX vs PTSHX | |
| PIMCO Short Asset Investment Fund | 1.80% | — | May 2012 | RUSIX vs PAIPX | |
| Pioneer Multi-Asset Ultrashort Income Fund | 1.73% | — | Apr 2011 | RUSIX vs MYFRX | |
| T. Rowe Price Ultra Short-Term Bond Fund Class I | 1.64% | — | Jul 2017 | RUSIX vs TRSTX |
Lowest Volatility Alternatives to RUSIX
RUSIX has 1.45% 1-year volatility. There are 47 mutual funds in the Ultrashort Bond category with lower 1-year volatility, going as low as 0.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Tactical Multi-Purpose Fund | 0.56% | — | Mar 2017 | RUSIX vs TMPFX | |
| Baird Ultra Short Bond Fund | 0.62% | — | Dec 2013 | RUSIX vs BUBSX | |
| Navigator Ultra Short Term Bond Fund | 0.63% | — | Mar 2019 | RUSIX vs NUSIX | |
| Permanent Portfolio Short-Term Treasury Portfolio | 0.68% | — | Sep 1987 | RUSIX vs PRTBX | |
| Baird Ultra Short Bond Fund Institutional Class | 0.70% | — | Dec 2013 | RUSIX vs BUBIX |
Lowest Drawdown Alternatives to RUSIX
RUSIX has a 1-year max drawdown of -0.40%. There are 32 mutual funds in the Ultrashort Bond category with shallower 1-year drawdowns, going as shallow as 0.00%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Tactical Multi-Purpose Fund | 0.00% | — | Mar 2017 | RUSIX vs TMPFX | |
| U.S. Global Investors U.S. Government Ultra-Short ... | 0.00% | — | Dec 2013 | RUSIX vs UGSDX | |
| Fidelity Series Treasury Bill Index Fund | -0.10% | — | Aug 2018 | RUSIX vs FHQFX | |
| Morgan Stanley Institutional Fund Trust Ultra-Shor... | -0.10% | — | Apr 2016 | RUSIX vs MUIIX | |
| Navigator Ultra Short Term Bond Fund | -0.10% | — | Mar 2019 | RUSIX vs NUSIX |
Other Mutual Funds from RBC Global Asset Management.
The 9 most viewed RBC Global Asset Management. mutual funds shown here include RGHYX, RBESX, REEIX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| RBC BlueBay High Yield Bond Fund | High Yield Bonds | 79 | 1.46% | — | Nov 2011 | RUSIX vs RGHYX | |
| RBC BlueBay Emerging Market Debt Fund | Emerging Markets Bonds | 91 | 3.60% | — | Nov 2011 | RUSIX vs RBESX | |
| RBC Emerging Markets Equity Fund | Emerging Markets Diversified | 83 | 28.84% | — | Dec 2013 | RUSIX vs REEIX | |
| RBC Short Duration Fixed Income Fund | Short-Term Bond | 3 | -2.27% | — | Dec 2013 | RUSIX vs RSDIX | |
| Access Capital Community Investment Fund | Government Bonds | 28 | 0.24% | — | Jun 1998 | RUSIX vs ACCSX | |
| RBC Impact Bond Fund | Intermediate Core Bond | 8 | -0.84% | — | Dec 2017 | RUSIX vs RIBIX | |
| RBC SMID Cap Growth Fund | Mid Cap Growth Equities | 7 | 0.27% | — | Jun 1994 | RUSIX vs TMCIX | |
| RBC Global Opportunities Fund | Global Equities | 24 | 5.06% | — | Dec 2014 | RUSIX vs RGOIX | |
| RBC Emerging Markets Value Equity Fund | Emerging Markets Diversified | 93 | 32.18% | — | Feb 2018 | RUSIX vs REMVX |
Often Compared With RUSIX
Investors most often compare RUSIX with RBSIX, NUSFX, RBCIX. These 8 comparison targets span 4 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| RBC BlueBay Strategic Income Fund | Nontraditional Bonds | 91 | 1.13% | — | Oct 2021 | RUSIX vs RBSIX | |
| Northern Ultra-Short Fixed Income Fund | Ultrashort Bond | 98 | 1.24% | — | Jun 2009 | RUSIX vs NUSFX | |
| RBC China Equity Fund | China Equities | 46 | 4.37% | — | Apr 2022 | RUSIX vs RBCIX | |
| RBC BlueBay Core Plus Bond Fund | Intermediate Core-Plus Bond | 32 | 0.31% | — | Oct 2021 | RUSIX vs RCPIX | |
| Sterling Capital Ultra Short Bond Fund | Ultrashort Bond | — | — | — | Nov 2012 | RUSIX vs BUSIX | |
| CrossingBridge Ultra-Short Duration Fund | Ultrashort Bond | 99 | 1.54% | — | Jun 2021 | RUSIX vs CBUDX | |
| T. Rowe Price Ultra Short-Term Bond Fund | Ultrashort Bond | 99 | 1.59% | — | Dec 2012 | RUSIX vs TRBUX | |
| Eaton Vance Short Duration Government Income Fund | Ultrashort Bond | 70 | 1.21% | — | Sep 2002 | RUSIX vs EALDX |
Compare RUSIX with Any Fund or Stock
Compare RUSIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RUSIX with funds that move differently
RBC Ultra-Short Fixed Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RUSIX.
Explore RUSIX Diversifiers