Saratoga Municipal Bond Portfolio (SMBPX) 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 SMBPX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SMBPX
SMBPX charges 3.16% annually. There are 67 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 | SMBPX vs FHCOX | |
| DFA One Year Fixed Income Portfolio | 0.13% | — | Jul 1983 | SMBPX vs DFIHX | |
| Six Circles Tax Aware Ultra Short Duration Fund | 0.15% | — | Jul 2018 | SMBPX vs CUTAX | |
| Baird Ultra Short Bond Fund Institutional Class | 0.15% | — | Dec 2013 | SMBPX vs BUBIX | |
| DFA Two-Year Government Portfolio | 0.17% | — | Jun 1996 | SMBPX vs DFYGX |
Best Risk-Adjusted Alternatives to SMBPX
SMBPX has a PortfoliosLab risk / return rank of 93. There are 55 mutual funds in the Ultrashort Bond category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Navigator Ultra Short Term Bond Fund | 100 | — | Mar 2019 | SMBPX vs NUSIX | |
| Baird Ultra Short Bond Fund | 100 | — | Dec 2013 | SMBPX vs BUBSX | |
| Baird Ultra Short Bond Fund Institutional Class | 100 | — | Dec 2013 | SMBPX vs BUBIX | |
| PIMCO Short Asset Investment Fund | 100 | — | May 2012 | SMBPX vs PAIPX | |
| SEI Institutional Investments Trust Opportunistic ... | 100 | — | Dec 2006 | SMBPX vs ENIAX |
Top Performing SMBPX Alternatives (YTD)
SMBPX is at 0.00% YTD. There are 66 mutual funds in the Ultrashort Bond category with higher YTD returns, going as high as 2.15%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Semper Short Duration Fund | 2.15% | — | Dec 2010 | SMBPX vs SEMRX | |
| PIMCO Short Term Fund | 1.92% | — | Oct 1987 | SMBPX vs PTSHX | |
| PIMCO Short Asset Investment Fund | 1.80% | — | May 2012 | SMBPX vs PAIPX | |
| Pioneer Multi-Asset Ultrashort Income Fund | 1.73% | — | Apr 2011 | SMBPX vs MYFRX | |
| T. Rowe Price Ultra Short-Term Bond Fund Class I | 1.64% | — | Jul 2017 | SMBPX vs TRSTX |
Lowest Volatility Alternatives to SMBPX
SMBPX has 1.43% 1-year volatility. There are 39 mutual funds in the Ultrashort Bond category with lower 1-year volatility, going as low as 0.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Tactical Multi-Purpose Fund | 0.56% | — | Mar 2017 | SMBPX vs TMPFX | |
| Baird Ultra Short Bond Fund | 0.62% | — | Dec 2013 | SMBPX vs BUBSX | |
| Navigator Ultra Short Term Bond Fund | 0.63% | — | Mar 2019 | SMBPX vs NUSIX | |
| Permanent Portfolio Short-Term Treasury Portfolio | 0.68% | — | Sep 1987 | SMBPX vs PRTBX | |
| Baird Ultra Short Bond Fund Institutional Class | 0.70% | — | Dec 2013 | SMBPX vs BUBIX |
Lowest Drawdown Alternatives to SMBPX
SMBPX has a 1-year max drawdown of -0.69%. There are 56 mutual funds in the Ultrashort Bond category with shallower 1-year drawdowns, going as shallow as 0.00%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| U.S. Global Investors U.S. Government Ultra-Short ... | 0.00% | — | Dec 2013 | SMBPX vs UGSDX | |
| Tactical Multi-Purpose Fund | 0.00% | — | Mar 2017 | SMBPX vs TMPFX | |
| PIMCO Short Asset Investment Fund | -0.10% | — | May 2012 | SMBPX vs PAIPX | |
| Fidelity Series Treasury Bill Index Fund | -0.10% | — | Aug 2018 | SMBPX vs FHQFX | |
| Morgan Stanley Institutional Fund Trust Ultra-Shor... | -0.10% | — | Apr 2016 | SMBPX vs MUIIX |
Other Mutual Funds from Saratoga
The 10 most viewed Saratoga mutual funds shown here include SLCGX, SPMAX, STPAX and span 8 categories.
Often Compared With SMBPX
Investors most often compare SMBPX with SMICX, SAMIX, TLDIX. These 13 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare SMBPX with Any Fund or Stock
Compare SMBPX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SMBPX with funds that move differently
Saratoga Municipal Bond Portfolio alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SMBPX.
Explore SMBPX Diversifiers