USAA California Bond Fund (USCBX) 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 USCBX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to USCBX
USCBX charges 0.55% annually. There are 189 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 | USCBX vs LSMSX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | USCBX vs VTMFX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | USCBX vs FHMIX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | USCBX vs NMTRX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | USCBX vs FSMUX |
Best Risk-Adjusted Alternatives to USCBX
USCBX has a PortfoliosLab risk / return rank of 69. There are 313 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 Selective State Municipal Bond Port... | 100 | — | Apr 2022 | USCBX vs DFABX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | USCBX vs ATOIX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | USCBX vs DNYMX | |
| DFA California Short Term Municipal Bond Portfolio | 99 | — | Apr 2007 | USCBX vs DFCMX | |
| DFA Short Term Municipal Bond Portfolio | 99 | — | Aug 2002 | USCBX vs DFSMX |
Top Performing USCBX Alternatives (YTD)
USCBX is at 2.27% YTD. There are 57 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 12.91%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 12.91% | — | Apr 1998 | USCBX vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 9.28% | — | Nov 2002 | USCBX vs NRK | |
| AllianceBernstein National Municipal Income Fund | 7.81% | — | Nov 2001 | USCBX vs AFB | |
| Nuveen Virginia Quality Municipal Income Fund | 6.99% | — | Mar 1993 | USCBX vs NPV | |
| BlackRock MuniYield Michigan Quality Fund | 5.87% | — | Oct 1992 | USCBX vs MIY |
Lowest Volatility Alternatives to USCBX
USCBX has 3.42% 1-year volatility. There are 427 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 0.56% | — | Apr 2022 | USCBX vs DFABX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | USCBX vs USMSX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | USCBX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.60% | — | May 2016 | USCBX vs USMTX | |
| DFA Short Term Municipal Bond Portfolio | 0.61% | — | Aug 2002 | USCBX vs DFSMX |
Lowest Drawdown Alternatives to USCBX
USCBX has a 1-year max drawdown of -3.27%. There are 414 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 | USCBX vs BATVX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.10% | — | Dec 2017 | USCBX vs APUSX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | USCBX vs ATOIX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | USCBX vs FHMIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | USCBX vs TFCYX |
Other Mutual Funds from Victory
The 10 most viewed Victory mutual funds shown here include USNQX, USSPX, CBYYX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| USAA Nasdaq 100 Index Fund | Nasdaq-100, Large Cap Growth Equities | 52 | 16.40% | — | Oct 2000 | USCBX vs USNQX | |
| USAA 500 Index Fund | Large Cap Blend Equities | 51 | 8.37% | — | May 1996 | USCBX vs USSPX | |
| Victory Pioneer Cat Bond Fund Class Y | Nontraditional Bonds | 100 | 2.82% | — | Jan 2023 | USCBX vs CBYYX | |
| USAA Aggressive Growth Fund | Large Cap Growth Equities | 12 | 2.23% | — | Oct 1981 | USCBX vs USAUX | |
| USAA Precious Metals and Minerals Fund | Precious Metals | 16 | -9.42% | — | Aug 1984 | USCBX vs USAGX | |
| Victory Global Energy Transition Fund | Energy Equities | 96 | 31.43% | — | Nov 1995 | USCBX vs RSNRX | |
| USAA Growth Fund | Large Cap Growth Equities | 8 | -2.07% | — | Apr 1971 | USCBX vs USAAX | |
| USAA Cornerstone Moderately Aggressive Fund | Diversified Portfolio | 63 | 7.78% | — | Aug 1984 | USCBX vs USCRX | |
| USAA Growth and Tax Strategy Fund | Diversified Portfolio | 75 | 5.42% | — | Jan 1989 | USCBX vs USBLX | |
| USAA High Income Fund | High Yield Bonds | 71 | 1.40% | — | Aug 1999 | USCBX vs USHYX |
Often Compared With USCBX
Investors most often compare USCBX with FXIEX, MUJ, FGNSX. These 4 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PIMCO Fixed Income SHares: Series TE | Municipal Bonds | 77 | 1.81% | — | Jun 2012 | USCBX vs FXIEX | |
| BlackRock MuniHoldings New Jersey Quality Fund | Municipal Bonds | 58 | 5.53% | — | Mar 1998 | USCBX vs MUJ | |
| Strategic Advisers Tax-Sensitive Short Duration Fu... | Municipal Bonds | 97 | 0.77% | — | Dec 2017 | USCBX vs FGNSX | |
| BlackRock MuniHoldings California Quality Fund | Municipal Bonds | 36 | 5.75% | — | Feb 1998 | USCBX vs MUC |
Compare USCBX with Any Fund or Stock
Compare USCBX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair USCBX with funds that move differently
USAA California Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to USCBX.
Explore USCBX Diversifiers