Western Asset Oregon Municipals Fund (SHORX) belongs to the Municipal Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with SHORX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SHORX
SHORX charges 1.30% annually. There are 451 mutual funds in the Municipal Bonds category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Western Asset SMASh Series TF Fund | 0.01% | — | Dec 2015 | SHORX vs LSMSX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | SHORX vs NMTRX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | SHORX vs FHMIX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | SHORX vs FSMUX | |
| Fidelity Municipal Bond Index Fund | 0.07% | 0.00 | Jul 2019 | SHORX vs FMBIX |
Best Risk-Adjusted Alternatives to SHORX
SHORX has a PortfoliosLab risk / return rank of 74. There are 160 mutual funds in the Municipal Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 100 | — | Apr 2022 | SHORX vs DFABX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | SHORX vs DNYMX | |
| DFA California Short Term Municipal Bond Portfolio | 99 | — | Apr 2007 | SHORX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 99 | — | May 2016 | SHORX vs USMTX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | SHORX vs ATOIX |
Top Performing SHORX Alternatives (YTD)
SHORX is at 1.60% YTD. There are 236 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 11.50%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 11.50% | — | Apr 1998 | SHORX vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 7.28% | — | Nov 2002 | SHORX vs NRK | |
| Nuveen Virginia Quality Municipal Income Fund | 7.07% | — | Mar 1993 | SHORX vs NPV | |
| BlackRock MuniYield Michigan Quality Fund | 5.75% | — | Oct 1992 | SHORX vs MIY | |
| AllianceBernstein National Municipal Income Fund | 5.53% | — | Nov 2001 | SHORX vs AFB |
Lowest Volatility Alternatives to SHORX
SHORX has 2.61% 1-year volatility. There are 227 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.57%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 0.57% | — | Apr 2022 | SHORX vs DFABX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | SHORX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.60% | — | May 2016 | SHORX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.60% | — | May 2016 | SHORX vs USMTX | |
| DFA Short Term Municipal Bond Portfolio | 0.61% | — | Aug 2002 | SHORX vs DFSMX |
Lowest Drawdown Alternatives to SHORX
SHORX has a 1-year max drawdown of -2.54%. There are 161 mutual funds in the Municipal Bonds category with shallower 1-year drawdowns, going as shallow as 0.00%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock Allocation Target Shares | 0.00% | — | May 2021 | SHORX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | SHORX vs ATOIX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.10% | — | Dec 2017 | SHORX vs APUSX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | SHORX vs TFCYX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | SHORX vs FHMIX |
Other Mutual Funds from Franklin Templeton
The 10 most viewed Franklin Templeton mutual funds shown here include FKDNX, FKRCX, FKINX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Franklin DynaTech Fund | Large Cap Growth Equities | 21 | 11.80% | — | Jan 1968 | SHORX vs FKDNX | |
| Franklin Gold and Precious Metals Fund | Precious Metals | 38 | 3.23% | — | May 1969 | SHORX vs FKRCX | |
| Franklin Income Fund Class A1 | Diversified Portfolio | 86 | 5.16% | — | — | SHORX vs FKINX | |
| Franklin Growth Fund | Large Cap Growth Equities | 29 | 6.95% | — | Apr 1948 | SHORX vs FKGRX | |
| ClearBridge Energy Midstream Opportunity Fund | MLPs, Energy Equities | 24 | 16.66% | — | Jun 2011 | SHORX vs EMO | |
| Franklin Rising Dividends Fund | Large Cap Blend Equities | 35 | 6.18% | — | Jan 1987 | SHORX vs FRDPX | |
| ClearBridge Large Cap Growth Fund | Large Cap Growth Equities | 9 | 4.97% | — | Aug 1997 | SHORX vs SBLGX | |
| ClearBridge Aggressive Growth Fund | Large Cap Blend Equities | 8 | 2.92% | — | Oct 1983 | SHORX vs SHRAX | |
| Franklin Income Fund Advisor Class | Diversified Portfolio | 91 | 5.29% | — | Aug 1997 | SHORX vs FRIAX | |
| ClearBridge Appreciation Fund | Large Cap Blend Equities | 36 | 5.84% | — | Mar 1970 | SHORX vs SHAPX |
Often Compared With SHORX
Investors most often compare SHORX with MUJ, FGNSX, FXIEX. These 3 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BlackRock MuniHoldings New Jersey Quality Fund | Municipal Bonds | 53 | 5.24% | — | Mar 1998 | SHORX vs MUJ | |
| Strategic Advisers Tax-Sensitive Short Duration Fu... | Municipal Bonds | 97 | 0.77% | — | Dec 2017 | SHORX vs FGNSX | |
| PIMCO Fixed Income SHares: Series TE | Municipal Bonds | 76 | 1.81% | — | Jun 2012 | SHORX vs FXIEX |
Compare SHORX with Any Fund or Stock
Compare SHORX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SHORX with funds that move differently
Western Asset Oregon Municipals Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SHORX.
Explore SHORX Diversifiers