SBSTX Alternatives & Similar Mutual Funds

Western Asset Short-Term Bond Fund (SBSTX) belongs to the Short-Term Bond category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with SBSTX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to SBSTX

SBSTX charges 0.71% annually. There are 94 mutual funds in the Short-Term Bond category with lower expense ratios, going as low as 0.02%.

Symbol	Name	Expense Ratio	AUM	Inception
VIITX	Vanguard Institutional Intermediate-Term Bond Fund	0.02%	—	Jun 2015	SBSTX vs VIITX
VISTX	Vanguard Institutional Short-Term Bond Fund	0.02%	—	Jun 2015	SBSTX vs VISTX
FUMBX	Fidelity Short-Term Treasury Bond Index Fund	0.03%	—	Dec 2005	SBSTX vs FUMBX
SWSBX	Schwab Short-Term Bond Index Fund	0.06%	—	Feb 2017	SBSTX vs SWSBX
TNSHX	TIAA-CREF Short-Term Bond Index Fund	0.09%	—	Aug 2015	SBSTX vs TNSHX

Best Risk-Adjusted Alternatives to SBSTX

SBSTX has a PortfoliosLab risk / return rank of 44. There are 107 mutual funds in the Short-Term Bond category with higher risk-adjusted ranks, going as high as 99.

Symbol	Name	Risk / Return Rank	AUM	Inception
GPICX	GuidepathConservative Income Fund	99	—	Apr 2018	SBSTX vs GPICX
DHEIX	Diamond Hill Short Duration Securitized Bond Fund ...	99	—	Jul 2016	SBSTX vs DHEIX
DHEAX	Diamond Hill Short Duration Securitized Bond Fund	99	—	Jul 2016	SBSTX vs DHEAX
DFAIX	DFA Short-Duration Real Return Portfolio	98	—	Nov 2013	SBSTX vs DFAIX
DBLSX	DoubleLine Low Duration Bond Fund	97	—	Sep 2011	SBSTX vs DBLSX

Top Performing SBSTX Alternatives (YTD)

SBSTX is at 0.32% YTD. There are 100 mutual funds in the Short-Term Bond category with higher YTD returns, going as high as 6.95%.

Symbol	Name	YTD Return	AUM	Inception
GPARX	GuidePath Absolute Return Allocation Fund	6.95%	—	Apr 2011	SBSTX vs GPARX
LCCMX	Leader Short Term High Yield Bond Fund	3.76%	—	Jul 2005	SBSTX vs LCCMX
DFAIX	DFA Short-Duration Real Return Portfolio	2.10%	—	Nov 2013	SBSTX vs DFAIX
HOBEX	Holbrook Income Fund	1.91%	—	Jul 2016	SBSTX vs HOBEX
DHEIX	Diamond Hill Short Duration Securitized Bond Fund ...	1.88%	—	Jul 2016	SBSTX vs DHEIX

Lowest Volatility Alternatives to SBSTX

SBSTX has 2.48% 1-year volatility. There are 111 mutual funds in the Short-Term Bond category with lower 1-year volatility, going as low as 0.79%.

Symbol	Name	Volatility 1Y	AUM	Inception
GPICX	GuidepathConservative Income Fund	0.79%	—	Apr 2018	SBSTX vs GPICX
DHEIX	Diamond Hill Short Duration Securitized Bond Fund ...	1.07%	—	Jul 2016	SBSTX vs DHEIX
DHEAX	Diamond Hill Short Duration Securitized Bond Fund	1.12%	—	Jul 2016	SBSTX vs DHEAX
DFEQX	DFA Short-Term Extended Quality Portfolio	1.13%	—	Mar 2009	SBSTX vs DFEQX
DFAIX	DFA Short-Duration Real Return Portfolio	1.18%	—	Nov 2013	SBSTX vs DFAIX

Lowest Drawdown Alternatives to SBSTX

SBSTX has a 1-year max drawdown of -1.34%. There are 66 mutual funds in the Short-Term Bond category with shallower 1-year drawdowns, going as shallow as -0.25%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
GPICX	GuidepathConservative Income Fund	-0.25%	—	Apr 2018	SBSTX vs GPICX
DFAIX	DFA Short-Duration Real Return Portfolio	-0.47%	—	Nov 2013	SBSTX vs DFAIX
DHEAX	Diamond Hill Short Duration Securitized Bond Fund	-0.50%	—	Jul 2016	SBSTX vs DHEAX
DHEIX	Diamond Hill Short Duration Securitized Bond Fund ...	-0.50%	—	Jul 2016	SBSTX vs DHEIX
HOBEX	Holbrook Income Fund	-0.61%	—	Jul 2016	SBSTX vs HOBEX

Other Mutual Funds from Franklin Templeton

The 10 most viewed Franklin Templeton mutual funds shown here include FKDNX, FKRCX, FKINX and span 8 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
FKDNX	Franklin DynaTech Fund	Large Cap Growth Equities, Technology Equities	13	6.31%	—	Jan 1968	SBSTX vs FKDNX
FKRCX	Franklin Gold and Precious Metals Fund	Gold, Precious Metals	28	-6.87%	—	May 1969	SBSTX vs FKRCX
FKINX	Franklin Income Fund Class A1	Diversified Portfolio	79	4.34%	—	—	SBSTX vs FKINX
FKGRX	Franklin Growth Fund	Large Cap Growth Equities	19	3.19%	—	Apr 1948	SBSTX vs FKGRX
EMO	ClearBridge Energy Midstream Opportunity Fund	MLPs, Energy Equities	19	14.74%	—	Jun 2011	SBSTX vs EMO
FRDPX	Franklin Rising Dividends Fund	Large Cap Blend Equities	26	4.40%	—	Jan 1987	SBSTX vs FRDPX
SBLGX	ClearBridge Large Cap Growth Fund	Large Cap Growth Equities	5	-0.39%	—	Aug 1997	SBSTX vs SBLGX
SHRAX	ClearBridge Aggressive Growth Fund	Large Cap Blend Equities	6	0.49%	—	Oct 1983	SBSTX vs SHRAX
FRIAX	Franklin Income Fund Advisor Class	Diversified Portfolio	89	4.88%	—	Aug 1997	SBSTX vs FRIAX
SHAPX	ClearBridge Appreciation Fund	Large Cap Blend Equities	24	3.19%	—	Mar 1970	SBSTX vs SHAPX

Often Compared With SBSTX

Investors most often compare SBSTX with VBISX, DLDFX, SNSAX. These 4 comparison targets span 1 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
VBISX	Vanguard Short-Term Bond Index Fund	Short-Term Bond	30	-0.03%	—	Mar 1994	SBSTX vs VBISX
DLDFX	Destinations Low Duration Fixed Income Fund	Short-Term Bond	95	1.61%	—	Mar 2017	SBSTX vs DLDFX
SNSAX	SEI Asset Allocation Trust Defensive Strategy Fund	Short-Term Bond	85	1.56%	—	Nov 2003	SBSTX vs SNSAX
BATAX	BlackRock Allocation Target Shares Series A Portfo...	Short-Term Bond	97	1.87%	—	Sep 2015	SBSTX vs BATAX

Compare SBSTX with Any Fund or Stock

Compare SBSTX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair SBSTX with funds that move differently

Western Asset Short-Term Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SBSTX.

Explore SBSTX Diversifiers

Western Asset Short-Term Bond Fund (SBSTX) Alternatives