Lazard US Short Duration Fixed Income Portfolio (UMNIX) Alternatives
Lazard US Short Duration Fixed Income Portfolio (UMNIX) 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 UMNIX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to UMNIX
UMNIX charges 0.40% annually. Among mutual funds in the Ultrashort Bond category, these options have the lowest expense ratios among UMNIX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Federated Hermes Conservative Microshort Fund | 0.05% | Feb 2, 2021 | UMNIX vs FHCOX | |
| DFA One Year Fixed Income Portfolio | 0.13% | Jul 25, 1983 | UMNIX vs DFIHX | |
| Six Circles Tax Aware Ultra Short Duration Fund | 0.15% | Jul 8, 2018 | UMNIX vs CUTAX | |
| Baird Ultra Short Bond Fund Institutional Class | 0.15% | Dec 31, 2013 | UMNIX vs BUBIX | |
| DFA Two-Year Government Portfolio | 0.17% | Jun 6, 1996 | UMNIX vs DFYGX |
Best Risk-Adjusted Alternatives to UMNIX
Among mutual funds in the Ultrashort Bond category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Navigator Ultra Short Term Bond Fund | 100 | Mar 21, 2019 | UMNIX vs NUSIX | |
| Baird Ultra Short Bond Fund | 100 | Dec 31, 2013 | UMNIX vs BUBSX | |
| Baird Ultra Short Bond Fund Institutional Class | 100 | Dec 31, 2013 | UMNIX vs BUBIX | |
| T. Rowe Price Ultra Short-Term Bond Fund | 100 | Dec 3, 2012 | UMNIX vs TRBUX | |
| PIMCO Short Asset Investment Fund | 100 | May 31, 2012 | UMNIX vs PAIPX |
Top Performing UMNIX Alternatives (YTD)
UMNIX alternatives from the Ultrashort Bond category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| DFA One Year Fixed Income Portfolio | 0.91% | Jul 25, 1983 | UMNIX vs DFIHX | |
| DFA Two-Year Government Portfolio | 0.88% | Jun 6, 1996 | UMNIX vs DFYGX | |
| Northern Ultra-Short Fixed Income Fund | 0.84% | Jun 18, 2009 | UMNIX vs NUSFX | |
| Sterling Capital Ultra Short Bond Fund | 0.83% | Nov 30, 2012 | UMNIX vs BUSIX | |
| Baird Ultra Short Bond Fund | 0.80% | Dec 31, 2013 | UMNIX vs BUBSX |
Lowest Volatility Alternatives to UMNIX
UMNIX alternatives from the Ultrashort Bond category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Tactical Multi-Purpose Fund | 0.55% | Mar 30, 2017 | UMNIX vs TMPFX | |
| Navigator Ultra Short Term Bond Fund | 0.65% | Mar 21, 2019 | UMNIX vs NUSIX | |
| Baird Ultra Short Bond Fund | 0.65% | Dec 31, 2013 | UMNIX vs BUBSX | |
| DFA One Year Fixed Income Portfolio | 0.72% | Jul 25, 1983 | UMNIX vs DFIHX | |
| Baird Ultra Short Bond Fund Institutional Class | 0.72% | Dec 31, 2013 | UMNIX vs BUBIX |
Lowest Drawdown Alternatives to UMNIX
UMNIX alternatives from the Ultrashort Bond category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Tactical Multi-Purpose Fund | 0.00% | Mar 30, 2017 | UMNIX vs TMPFX | |
| U.S. Global Investors U.S. Government Ultra-Short ... | 0.00% | Dec 2, 2013 | UMNIX vs UGSDX | |
| Fidelity Series Treasury Bill Index Fund | -0.10% | Aug 28, 2018 | UMNIX vs FHQFX | |
| Navigator Ultra Short Term Bond Fund | -0.10% | Mar 21, 2019 | UMNIX vs NUSIX | |
| Baird Ultra Short Bond Fund | -0.10% | Dec 31, 2013 | UMNIX vs BUBSX |
Other Mutual Funds from Lazard
Most popular Lazard mutual funds on PortfoliosLab, across asset classes.
Often Compared With UMNIX
What investors most often compare with UMNIX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Lazard International Small Cap Equity Portfolio | Foreign Small & Mid Cap Equities | 88 | 5.19% | Nov 30, 1993 | UMNIX vs LZISX | |
| Lazard Global Total Return and Income Fund | Global Allocation | 37 | -2.51% | Apr 28, 2004 | UMNIX vs LGI | |
| Lazard Opportunistic Strategies Portfolio | Tactical Allocation | 46 | -1.48% | Mar 25, 2008 | UMNIX vs LCAIX | |
| Lazard International Equity Select Portfolio R6 | Foreign Large Cap Equities | 62 | 0.78% | May 31, 2001 | UMNIX vs LZSIX | |
| Morgan Stanley Institutional Fund Trust Ultra-Shor... | Ultrashort Bond | 100 | 0.52% | Apr 28, 2016 | UMNIX vs MUIIX | |
| Lazard Developing Markets Equity Portfolio | Emerging Markets Diversified | 84 | 1.24% | Sep 29, 2008 | UMNIX vs LDMIX | |
| CrossingBridge Ultra-Short Duration Fund | Ultrashort Bond | 100 | 0.75% | Jun 29, 2021 | UMNIX vs CBUDX |
Compare UMNIX with Any Fund or Stock
Compare UMNIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.