SUSAX Alternatives & Similar Mutual Funds

SEI Institutional Investments Trust Ultra Short Duration Bond Fund (SUSAX) 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 SUSAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to SUSAX

SUSAX charges 0.22% annually. There are 7 mutual funds in the Ultrashort Bond category with lower expense ratios, going as low as 0.05%.

Symbol	Name	Expense Ratio	AUM	Inception
FHCOX	Federated Hermes Conservative Microshort Fund	0.05%	—	Feb 2021	SUSAX vs FHCOX
DFIHX	DFA One Year Fixed Income Portfolio	0.13%	—	Jul 1983	SUSAX vs DFIHX
BUBIX	Baird Ultra Short Bond Fund Institutional Class	0.15%	—	Dec 2013	SUSAX vs BUBIX
CUTAX	Six Circles Tax Aware Ultra Short Duration Fund	0.15%	—	Jul 2018	SUSAX vs CUTAX
DFYGX	DFA Two-Year Government Portfolio	0.17%	—	Jun 1996	SUSAX vs DFYGX

Best Risk-Adjusted Alternatives to SUSAX

SUSAX has a PortfoliosLab risk / return rank of 98. There are 44 mutual funds in the Ultrashort Bond category with higher risk-adjusted ranks, going as high as 100.

Symbol	Name	Risk / Return Rank	AUM	Inception
TMPFX	Tactical Multi-Purpose Fund	100	—	Mar 2017	SUSAX vs TMPFX
NUSIX	Navigator Ultra Short Term Bond Fund	100	—	Mar 2019	SUSAX vs NUSIX
BUBSX	Baird Ultra Short Bond Fund	100	—	Dec 2013	SUSAX vs BUBSX
PAIPX	PIMCO Short Asset Investment Fund	100	—	May 2012	SUSAX vs PAIPX
FHQFX	Fidelity Series Treasury Bill Index Fund	100	—	Aug 2018	SUSAX vs FHQFX

Top Performing SUSAX Alternatives (YTD)

SUSAX is at 1.26% YTD. There are 46 mutual funds in the Ultrashort Bond category with higher YTD returns, going as high as 2.15%.

Symbol	Name	YTD Return	AUM	Inception
SEMRX	Semper Short Duration Fund	2.15%	—	Dec 2010	SUSAX vs SEMRX
PTSHX	PIMCO Short Term Fund	2.03%	—	Oct 1987	SUSAX vs PTSHX
PAIPX	PIMCO Short Asset Investment Fund	1.91%	—	May 2012	SUSAX vs PAIPX
ENIAX	SEI Institutional Investments Trust Opportunistic ...	1.77%	—	Dec 2006	SUSAX vs ENIAX
TSDUX	Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed...	1.77%	—	Mar 2016	SUSAX vs TSDUX

Lowest Volatility Alternatives to SUSAX

SUSAX has 1.46% 1-year volatility. There are 47 mutual funds in the Ultrashort Bond category with lower 1-year volatility, going as low as 0.58%.

Symbol	Name	Volatility 1Y	AUM	Inception
TMPFX	Tactical Multi-Purpose Fund	0.58%	—	Mar 2017	SUSAX vs TMPFX
NUSIX	Navigator Ultra Short Term Bond Fund	0.62%	—	Mar 2019	SUSAX vs NUSIX
BUBSX	Baird Ultra Short Bond Fund	0.65%	—	Dec 2013	SUSAX vs BUBSX
PRTBX	Permanent Portfolio Short-Term Treasury Portfolio	0.67%	—	Sep 1987	SUSAX vs PRTBX
BUBIX	Baird Ultra Short Bond Fund Institutional Class	0.72%	—	Dec 2013	SUSAX vs BUBIX

Lowest Drawdown Alternatives to SUSAX

SUSAX has a 1-year max drawdown of -0.50%. There are 42 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
UGSDX	U.S. Global Investors U.S. Government Ultra-Short ...	0.00%	—	Dec 2013	SUSAX vs UGSDX
PAIPX	PIMCO Short Asset Investment Fund	-0.10%	—	May 2012	SUSAX vs PAIPX
FHQFX	Fidelity Series Treasury Bill Index Fund	-0.10%	—	Aug 2018	SUSAX vs FHQFX
BUBSX	Baird Ultra Short Bond Fund	-0.10%	—	Dec 2013	SUSAX vs BUBSX
MUIIX	Morgan Stanley Institutional Fund Trust Ultra-Shor...	-0.10%	—	Apr 2016	SUSAX vs MUIIX

Other Mutual Funds from SEI

The 10 most viewed SEI mutual funds shown here include STDAX, SGYAX, SEATX and span 8 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
STDAX	SEI Asset Allocation Trust Defensive Strategy Allo...	Diversified Portfolio	99	1.57%	—	Nov 2003	SUSAX vs STDAX
SGYAX	SEI Institutional Investments Trust High Yield Bon...	High Yield Bonds	61	1.15%	—	Dec 2005	SUSAX vs SGYAX
SEATX	SEI Tax Exempt Trust Tax-Advantaged Income Fund	Intermediate Core-Plus Bond	57	2.33%	—	Sep 2007	SUSAX vs SEATX
SDLAX	SEI Institutional Investments Trust Dynamic Asset ...	Large Cap Blend Equities	44	6.33%	—	Jul 2010	SUSAX vs SDLAX
SIEMX	SEI Institutional International Trust Emerging Mar...	Emerging Markets Diversified	79	23.65%	—	Jan 1995	SUSAX vs SIEMX
SPINX	SEI Institutional Investments Trust S&P 500 Index ...	S&P 500	57	8.09%	—	Dec 2013	SUSAX vs SPINX
SICIX	SEI Asset Allocation Trust Conservative Strategy F...	Diversified Portfolio	63	2.10%	—	Nov 2003	SUSAX vs SICIX
SEITX	SEI Institutional International Trust Internationa...	Foreign Large Cap Equities	45	8.57%	—	Dec 1989	SUSAX vs SEITX
CAVAX	SEI Catholic Values Trust Catholic Values Equity F...	Large Cap Blend Equities	38	7.02%	—	Apr 2015	SUSAX vs CAVAX
SEIMX	SEI Tax Exempt Trust Intermediate-Term Municipal F...	Municipal Bonds	69	1.27%	—	Sep 1989	SUSAX vs SEIMX

Often Compared With SUSAX

Investors most often compare SUSAX with SWLGX, SPIIX, SMSAX. These 14 comparison targets span 6 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
SWLGX	Schwab U.S. Large-Cap Growth Index Fund	Large Cap Growth Equities	16	1.43%	4.90B	Dec 2017	SUSAX vs SWLGX
SPIIX	SEI S&P 500 Index Fund Class I	Large Cap Blend Equities	52	7.70%	—	Jun 2002	SUSAX vs SPIIX
SMSAX	SEI Institutional Managed Trust Multi-Strategy Alt...	Multistrategy	89	6.83%	—	Mar 2010	SUSAX vs SMSAX
BUSIX	Sterling Capital Ultra Short Bond Fund	Ultrashort Bond	—	—	—	Nov 2012	SUSAX vs BUSIX
GIYIX	Guggenheim Ultra Short Duration Fund	Ultrashort Bond	99	1.63%	—	Mar 2014	SUSAX vs GIYIX
NUSFX	Northern Ultra-Short Fixed Income Fund	Ultrashort Bond	98	1.24%	—	Jun 2009	SUSAX vs NUSFX
TRSTX	T. Rowe Price Ultra Short-Term Bond Fund Class I	Ultrashort Bond	99	1.64%	—	Jul 2017	SUSAX vs TRSTX
LDRAX	SEI Institutional Investments Trust Long Duration ...	Long-Term Bond	12	1.47%	—	Apr 2004	SUSAX vs LDRAX
TRBUX	T. Rowe Price Ultra Short-Term Bond Fund	Ultrashort Bond	99	1.76%	—	Dec 2012	SUSAX vs TRBUX
CBUDX	CrossingBridge Ultra-Short Duration Fund	Ultrashort Bond	99	1.64%	—	Jun 2021	SUSAX vs CBUDX
EALDX	Eaton Vance Short Duration Government Income Fund	Ultrashort Bond	73	1.07%	—	Sep 2002	SUSAX vs EALDX
TSDOX	Touchstone Ultra Short Duration Fixed Income Fund	Ultrashort Bond	99	1.48%	—	Mar 1994	SUSAX vs TSDOX
MYFRX	Pioneer Multi-Asset Ultrashort Income Fund	Ultrashort Bond	99	1.73%	—	Apr 2011	SUSAX vs MYFRX
SBDAX	SEI Tax Exempt Trust California Municipal Bond Fun...	Municipal Bonds	57	0.18%	—	Aug 1998	SUSAX vs SBDAX

Compare SUSAX with Any Fund or Stock

Compare SUSAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair SUSAX with funds that move differently

SEI Institutional Investments Trust Ultra Short Duration Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SUSAX.

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SEI Institutional Investments Trust Ultra Short Duration Bond Fund (SUSAX) Alternatives