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 97. There are 54 mutual funds in the Ultrashort Bond category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Tactical Multi-Purpose Fund | 100 | — | Mar 2017 | RUSIX vs TMPFX | |
| Navigator Ultra Short Term Bond Fund | 100 | — | Mar 2019 | RUSIX vs NUSIX | |
| Baird Ultra Short Bond Fund | 100 | — | Dec 2013 | RUSIX vs BUBSX | |
| DFA One Year Fixed Income Portfolio | 100 | — | Jul 1983 | RUSIX vs DFIHX | |
| PIMCO Short Asset Investment Fund | 100 | — | May 2012 | RUSIX vs PAIPX |
Top Performing RUSIX Alternatives (YTD)
RUSIX is at 1.58% YTD. There are 44 mutual funds in the Ultrashort Bond category with higher YTD returns, going as high as 2.51%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Semper Short Duration Fund | 2.51% | — | Dec 2010 | RUSIX vs SEMRX | |
| PIMCO Short Term Fund | 2.39% | — | Oct 1987 | RUSIX vs PTSHX | |
| PIMCO Short Asset Investment Fund | 2.13% | — | May 2012 | RUSIX vs PAIPX | |
| T. Rowe Price Ultra Short-Term Bond Fund | 2.12% | — | Dec 2012 | RUSIX vs TRBUX | |
| SEI Institutional Investments Trust Opportunistic ... | 2.01% | — | Dec 2006 | RUSIX vs ENIAX |
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 0.58%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Tactical Multi-Purpose Fund | 0.58% | — | Mar 2017 | RUSIX vs TMPFX | |
| Navigator Ultra Short Term Bond Fund | 0.61% | — | Mar 2019 | RUSIX vs NUSIX | |
| DFA One Year Fixed Income Portfolio | 0.63% | — | Jul 1983 | RUSIX vs DFIHX | |
| Baird Ultra Short Bond Fund | 0.65% | — | Dec 2013 | RUSIX vs BUBSX | |
| Permanent Portfolio Short-Term Treasury Portfolio | 0.66% | — | Sep 1987 | RUSIX vs PRTBX |
Lowest Drawdown Alternatives to RUSIX
RUSIX has a 1-year max drawdown of -0.40%. There are 34 mutual funds in the Ultrashort Bond category with shallower 1-year drawdowns, going as shallow as -0.10%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Conservative Income Bond Institutional Cl... | -0.10% | — | Mar 2011 | RUSIX vs FCNVX | |
| Baird Ultra Short Bond Fund | -0.10% | — | Dec 2013 | RUSIX vs BUBSX | |
| Tactical Multi-Purpose Fund | -0.10% | — | Mar 2017 | RUSIX vs TMPFX | |
| 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, REEIX, RBESX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| RBC BlueBay High Yield Bond Fund | High Yield Bonds | 77 | 1.66% | — | Nov 2011 | RUSIX vs RGHYX | |
| RBC Emerging Markets Equity Fund | Emerging Markets Diversified | 57 | 17.88% | — | Dec 2013 | RUSIX vs REEIX | |
| RBC BlueBay Emerging Market Debt Fund | Emerging Markets Bonds | 92 | 3.87% | — | Nov 2011 | RUSIX vs RBESX | |
| RBC Short Duration Fixed Income Fund | Short-Term Bond | 4 | -2.16% | — | Dec 2013 | RUSIX vs RSDIX | |
| Access Capital Community Investment Fund | Government Bonds | 24 | -0.60% | — | Jun 1998 | RUSIX vs ACCSX | |
| RBC Impact Bond Fund | Intermediate Core Bond | 3 | -2.73% | — | Dec 2017 | RUSIX vs RIBIX | |
| RBC SMID Cap Growth Fund | Mid Cap Growth Equities | 10 | 5.66% | — | Jun 1994 | RUSIX vs TMCIX | |
| RBC Global Opportunities Fund | Global Equities | 15 | 1.37% | — | Dec 2014 | RUSIX vs RGOIX | |
| RBC Emerging Markets Value Equity Fund | Emerging Markets Diversified | 78 | 19.98% | — | Feb 2018 | RUSIX vs REMVX |
Often Compared With RUSIX
Investors most often compare RUSIX with RBSIX, RBCIX, TRSTX. These 11 comparison targets span 5 categories, based on PortfoliosLab usage data.
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