Semper Short Duration Fund (SEMRX) 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 SEMRX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SEMRX
SEMRX charges 0.85% annually. There are 60 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 | SEMRX vs FHCOX | |
| DFA One Year Fixed Income Portfolio | 0.13% | — | Jul 1983 | SEMRX vs DFIHX | |
| Six Circles Tax Aware Ultra Short Duration Fund | 0.15% | — | Jul 2018 | SEMRX vs CUTAX | |
| Baird Ultra Short Bond Fund Institutional Class | 0.15% | — | Dec 2013 | SEMRX vs BUBIX | |
| DFA Two-Year Government Portfolio | 0.17% | — | Jun 1996 | SEMRX vs DFYGX |
Best Risk-Adjusted Alternatives to SEMRX
SEMRX has a PortfoliosLab risk / return rank of 99. There are 32 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 | SEMRX vs TMPFX | |
| Navigator Ultra Short Term Bond Fund | 100 | — | Mar 2019 | SEMRX vs NUSIX | |
| Baird Ultra Short Bond Fund | 100 | — | Dec 2013 | SEMRX vs BUBSX | |
| DFA One Year Fixed Income Portfolio | 100 | — | Jul 1983 | SEMRX vs DFIHX | |
| PIMCO Short Asset Investment Fund | 100 | — | May 2012 | SEMRX vs PAIPX |
Top Performing SEMRX Alternatives (YTD)
SEMRX is at 2.62% YTD. No mutual funds in the Ultrashort Bond category have higher YTD returns; the top-performing alternatives shown here go as high as 2.39%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| PIMCO Short Term Fund | 2.39% | — | Oct 1987 | SEMRX vs PTSHX | |
| PIMCO Short Asset Investment Fund | 2.23% | — | May 2012 | SEMRX vs PAIPX | |
| T. Rowe Price Ultra Short-Term Bond Fund | 2.12% | — | Dec 2012 | SEMRX vs TRBUX | |
| SEI Institutional Investments Trust Opportunistic ... | 2.01% | — | Dec 2006 | SEMRX vs ENIAX | |
| Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed... | 2.01% | — | Mar 2016 | SEMRX vs TSDUX |
Lowest Volatility Alternatives to SEMRX
SEMRX has 1.84% 1-year volatility. There are 64 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 | SEMRX vs TMPFX | |
| Navigator Ultra Short Term Bond Fund | 0.61% | — | Mar 2019 | SEMRX vs NUSIX | |
| DFA One Year Fixed Income Portfolio | 0.64% | — | Jul 1983 | SEMRX vs DFIHX | |
| Permanent Portfolio Short-Term Treasury Portfolio | 0.65% | — | Sep 1987 | SEMRX vs PRTBX | |
| Baird Ultra Short Bond Fund | 0.65% | — | Dec 2013 | SEMRX vs BUBSX |
Lowest Drawdown Alternatives to SEMRX
SEMRX has a 1-year max drawdown of -0.52%. There are 46 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 | |
|---|---|---|---|---|---|
| Tactical Multi-Purpose Fund | -0.10% | — | Mar 2017 | SEMRX vs TMPFX | |
| Morgan Stanley Institutional Fund Trust Ultra-Shor... | -0.10% | — | Apr 2016 | SEMRX vs MUIIX | |
| Baird Ultra Short Bond Fund | -0.10% | — | Dec 2013 | SEMRX vs BUBSX | |
| Navigator Ultra Short Term Bond Fund | -0.10% | — | Mar 2019 | SEMRX vs NUSIX | |
| Fidelity Series Treasury Bill Index Fund | -0.10% | — | Aug 2018 | SEMRX vs FHQFX |
Other Mutual Funds from Semper
The 1 most viewed Semper mutual funds shown here include SEMPX and span 1 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Semper MBS Total Return Fund | Nontraditional Bonds | 77 | 1.02% | — | Jul 2013 | SEMRX vs SEMPX |
Often Compared With SEMRX
Investors most often compare SEMRX with DHEAX, ^GSPC, TBUX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare SEMRX with Any Fund or Stock
Compare SEMRX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SEMRX with funds that move differently
Semper Short Duration Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SEMRX.
Explore SEMRX Diversifiers