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 453 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 | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | SHORX vs VTMFX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | SHORX vs FHMIX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | SHORX vs NMTRX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | SHORX vs FSMUX |
Best Risk-Adjusted Alternatives to SHORX
SHORX has a PortfoliosLab risk / return rank of 76. There are 104 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 Municipal Bond Portfolio | 100 | — | Aug 2002 | SHORX vs DFSMX | |
| abrdn Ultra Short Municipal Income Fund | 100 | — | Dec 2002 | SHORX vs ATOIX | |
| DFA Short-Term Selective State Municipal Bond Port... | 99 | — | Apr 2022 | SHORX vs DFABX | |
| Federated Hermes Conservative Municipal Microshort... | 99 | — | Feb 2021 | SHORX vs FHMIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | 99 | — | Apr 2016 | SHORX vs TFCYX |
Top Performing SHORX Alternatives (YTD)
SHORX is at 0.37% YTD. There are 230 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 10.88%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 10.88% | — | Apr 1998 | SHORX vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 6.63% | — | Nov 2002 | SHORX vs NRK | |
| BlackRock MuniYield Michigan Quality Fund | 5.90% | — | Oct 1992 | SHORX vs MIY | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 4.67% | 12.30B | Sep 1994 | SHORX vs VTMFX | |
| BlackRock MuniHoldings New Jersey Quality Fund | 3.83% | — | Mar 1998 | SHORX vs MUJ |
Lowest Volatility Alternatives to SHORX
SHORX has 2.50% 1-year volatility. There are 178 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.54%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short Term Municipal Bond Portfolio | 0.54% | — | Aug 2002 | SHORX vs DFSMX | |
| 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 | 0.63% | — | May 2016 | SHORX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.65% | — | May 2016 | SHORX vs USMTX |
Lowest Drawdown Alternatives to SHORX
SHORX has a 1-year max drawdown of -2.54%. There are 160 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 | |
| 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 | |
| DFA Short Term Municipal Bond Portfolio | -0.11% | — | Aug 2002 | SHORX vs DFSMX |
Other Mutual Funds from Franklin Templeton
The 10 most viewed Franklin Templeton mutual funds shown here include FKDNX, FKRCX, FKINX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Franklin DynaTech Fund | Large Cap Growth Equities, Technology Equities | 9 | 3.59% | — | Jan 1968 | SHORX vs FKDNX | |
| Franklin Gold and Precious Metals Fund | Gold, Precious Metals | 38 | -12.38% | — | May 1969 | SHORX vs FKRCX | |
| Franklin Income Fund Class A1 | Diversified Portfolio | 91 | 5.62% | — | — | SHORX vs FKINX | |
| Franklin Growth Fund Class A | Large Cap Growth Equities | 22 | 6.30% | — | Apr 1948 | SHORX vs FKGRX | |
| ClearBridge Energy Midstream Opportunity Fund Inc. | MLPs, Energy Equities | 37 | 20.68% | — | Jun 2011 | SHORX vs EMO | |
| Franklin Rising Dividends Fund | Large Cap Blend Equities | 38 | 8.00% | — | Jan 1987 | SHORX vs FRDPX | |
| ClearBridge Large Cap Growth Fund | Large Cap Growth Equities | 6 | 1.07% | — | Aug 1997 | SHORX vs SBLGX | |
| Templeton Institutional Fund International Equity ... | Foreign Large Cap Equities | 60 | 13.92% | — | Oct 1990 | SHORX vs TFEQX | |
| Franklin Income Fund Advisor Class | Diversified Portfolio | 94 | 5.78% | — | Aug 1997 | SHORX vs FRIAX | |
| ClearBridge Aggressive Growth Fund | Large Cap Blend Equities | 6 | -0.18% | — | Oct 1983 | SHORX vs SHRAX |
Often Compared With SHORX
Investors most often compare SHORX with SHAPX, DNYMX, FGNSX. These 8 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ClearBridge Appreciation Fund | Large Cap Blend Equities | 31 | 6.73% | — | Mar 1970 | SHORX vs SHAPX | |
| DFA NY Municipal Bond Portfolio | Municipal Bonds | 99 | 1.21% | — | Jun 2015 | SHORX vs DNYMX | |
| Strategic Advisers Tax-Sensitive Short Duration Fu... | Municipal Bonds | 95 | 0.82% | — | Dec 2017 | SHORX vs FGNSX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | Municipal Bonds | 19 | 0.90% | — | Dec 2017 | SHORX vs APUSX | |
| PIMCO Fixed Income SHares: Series TE | Municipal Bonds | 80 | 0.76% | — | Jun 2012 | SHORX vs FXIEX | |
| Nuveen Virginia Quality Municipal Income Fund | Municipal Bonds | 16 | 1.08% | — | Mar 1993 | SHORX vs NPV | |
| AllianceBernstein National Municipal Income Fund | Municipal Bonds | 56 | 3.80% | — | Nov 2001 | SHORX vs AFB | |
| BlackRock MuniHoldings California Quality Fund | Municipal Bonds | 43 | 3.62% | — | Feb 1998 | SHORX vs MUC |
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