Allspring Short-Term High Yield Bond Fund (SSTHX) belongs to the High Yield Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with SSTHX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SSTHX
SSTHX charges 0.94% annually. There are 118 mutual funds in the High Yield Bonds category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes High-Yield Strategy Portfolio | 0.02% | — | Dec 2008 | SSTHX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.12% | 25.80B | Nov 2001 | SSTHX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | SSTHX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.22% | 25.80B | Dec 1978 | SSTHX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | SSTHX vs CRDOX |
Best Risk-Adjusted Alternatives to SSTHX
SSTHX has a PortfoliosLab risk / return rank of 92. There are 25 mutual funds in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 100 | — | Dec 2014 | SSTHX vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | — | Mar 2019 | SSTHX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | SSTHX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 97 | — | Jul 2014 | SSTHX vs CWFIX | |
| Penn Capital Short Duration High Income Fund | 97 | — | Jul 2017 | SSTHX vs PSHNX |
Top Performing SSTHX Alternatives (YTD)
SSTHX is at 1.59% YTD. There are 114 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 10.25%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fairholme Focused Income Fund | 10.25% | — | Dec 2009 | SSTHX vs FOCIX | |
| Pioneer ILS Interval Fund | 9.42% | — | Dec 2014 | SSTHX vs XILSX | |
| Fidelity Capital & Income Fund | 6.80% | — | Nov 1977 | SSTHX vs FAGIX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 6.24% | — | Oct 2018 | SSTHX vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 6.18% | — | Jul 1995 | SSTHX vs FAHCX |
Lowest Volatility Alternatives to SSTHX
SSTHX has 2.29% 1-year volatility. There are 11 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.84%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | 0.84% | — | Sep 2010 | SSTHX vs RPHIX | |
| Cliffwater Corporate Lending Fund | 0.85% | — | Mar 2019 | SSTHX vs CCLFX | |
| Chartwell Short Duration High Yield Fund | 1.49% | — | Jul 2014 | SSTHX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.63% | — | Oct 2012 | SSTHX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.69% | — | Aug 2002 | SSTHX vs OSTIX |
Lowest Drawdown Alternatives to SSTHX
SSTHX has a 1-year max drawdown of -1.39%. There are 15 mutual funds in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.10%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | -0.10% | — | Sep 2010 | SSTHX vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.19% | — | Mar 2019 | SSTHX vs CCLFX | |
| Pioneer ILS Interval Fund | -0.21% | — | Dec 2014 | SSTHX vs XILSX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | SSTHX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | SSTHX vs SCFIX |
Other Mutual Funds from Allspring Global Investments
The 10 most viewed Allspring Global Investments mutual funds shown here include EKWAX, EKBAX, WFMIX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Allspring Precious Metals Fund | Precious Metals | 20 | -12.74% | — | Jan 1998 | SSTHX vs EKWAX | |
| Allspring Diversified Capital Builder Fund | Diversified Portfolio | 91 | 31.24% | — | Jan 1998 | SSTHX vs EKBAX | |
| Allspring Special Mid Cap Value Fund Class I | Mid Cap Value Equities | 27 | 12.13% | — | — | SSTHX vs WFMIX | |
| Allspring Ultra Short-Term Income Fund | Ultrashort Bond | 99 | 1.74% | — | Aug 1999 | SSTHX vs SADIX | |
| Allspring Short-Term Bond Plus Fund | Short-Term Bond | 86 | 0.74% | — | Aug 1999 | SSTHX vs SSHIX | |
| Allspring Premier Large Company Growth Fund | Large Cap Growth Equities | 8 | 3.08% | — | Jan 1998 | SSTHX vs EKJAX | |
| Allspring Special Small Cap Value Fund | Small Cap Value Equities | 15 | 12.71% | — | May 1993 | SSTHX vs ESPAX | |
| Allspring Disciplined U.S. Core Fund | Large Cap Blend Equities | 69 | 10.99% | — | Feb 1990 | SSTHX vs EVSAX | |
| Allspring Discovery Mid Cap Growth Fund | Mid Cap Growth Equities | 11 | 7.45% | — | Feb 2000 | SSTHX vs SENAX | |
| Allspring Opportunity Fund | Large Cap Growth Equities | 18 | 8.52% | — | Feb 2000 | SSTHX vs SOPVX |
Often Compared With SSTHX
Investors most often compare SSTHX with THHYX, SJNK, CPMPX. These 18 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare SSTHX with Any Fund or Stock
Compare SSTHX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SSTHX with funds that move differently
Allspring Short-Term High Yield Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SSTHX.
Explore SSTHX Diversifiers