UBS Ultra Short Income Fund (USIAX) 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 USIAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to USIAX
USIAX charges 0.35% annually. There are 29 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 | USIAX vs FHCOX | |
| DFA One Year Fixed Income Portfolio | 0.13% | — | Jul 1983 | USIAX vs DFIHX | |
| Baird Ultra Short Bond Fund Institutional Class | 0.15% | — | Dec 2013 | USIAX vs BUBIX | |
| Six Circles Tax Aware Ultra Short Duration Fund | 0.15% | — | Jul 2018 | USIAX vs CUTAX | |
| DFA Two-Year Government Portfolio | 0.17% | — | Jun 1996 | USIAX vs DFYGX |
Best Risk-Adjusted Alternatives to USIAX
Among 67 mutual funds in the Ultrashort Bond category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Tactical Multi-Purpose Fund | 100 | — | Mar 2017 | USIAX vs TMPFX | |
| Navigator Ultra Short Term Bond Fund | 100 | — | Mar 2019 | USIAX vs NUSIX | |
| Baird Ultra Short Bond Fund | 100 | — | Dec 2013 | USIAX vs BUBSX | |
| DFA One Year Fixed Income Portfolio | 100 | — | Jul 1983 | USIAX vs DFIHX | |
| PIMCO Short Asset Investment Fund | 100 | — | May 2012 | USIAX vs PAIPX |
Top Performing USIAX Alternatives (YTD)
Among 67 mutual funds in the Ultrashort Bond category with YTD return data, the top-performing alternatives shown here go as high as 2.62%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Semper Short Duration Fund | 2.62% | — | Dec 2010 | USIAX vs SEMRX | |
| PIMCO Short Term Fund | 2.39% | — | Oct 1987 | USIAX vs PTSHX | |
| PIMCO Short Asset Investment Fund | 2.23% | — | May 2012 | USIAX vs PAIPX | |
| SEI Institutional Investments Trust Opportunistic ... | 2.14% | — | Dec 2006 | USIAX vs ENIAX | |
| T. Rowe Price Ultra Short-Term Bond Fund | 2.12% | — | Dec 2012 | USIAX vs TRBUX |
Lowest Volatility Alternatives to USIAX
USIAX has 1.35% 1-year volatility. There are 33 mutual funds in the Ultrashort Bond category with lower 1-year volatility, going as low as 0.57%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Tactical Multi-Purpose Fund | 0.57% | — | Mar 2017 | USIAX vs TMPFX | |
| Navigator Ultra Short Term Bond Fund | 0.61% | — | Mar 2019 | USIAX vs NUSIX | |
| DFA One Year Fixed Income Portfolio | 0.64% | — | Jul 1983 | USIAX vs DFIHX | |
| Baird Ultra Short Bond Fund | 0.65% | — | Dec 2013 | USIAX vs BUBSX | |
| Permanent Portfolio Short-Term Treasury Portfolio | 0.66% | — | Sep 1987 | USIAX vs PRTBX |
Lowest Drawdown Alternatives to USIAX
Among 67 mutual funds in the Ultrashort Bond category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -0.10%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Conservative Income Bond Institutional Cl... | -0.10% | — | Mar 2011 | USIAX vs FCNVX | |
| Morgan Stanley Institutional Fund Trust Ultra-Shor... | -0.10% | — | Apr 2016 | USIAX vs MUIIX | |
| Fidelity Series Treasury Bill Index Fund | -0.10% | — | Aug 2018 | USIAX vs FHQFX | |
| Baird Ultra Short Bond Fund | -0.10% | — | Dec 2013 | USIAX vs BUBSX | |
| Navigator Ultra Short Term Bond Fund | -0.10% | — | Mar 2019 | USIAX vs NUSIX |
Other Mutual Funds from UBS
The 10 most viewed UBS mutual funds shown here include EMPTX, QGRPX, UTBPX and span 10 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| UBS Emerging Markets Equity Opportunity Fund | Emerging Markets Diversified | 84 | 23.67% | — | May 2018 | USIAX vs EMPTX | |
| UBS US Quality Growth At Reasonable Price Fund | Large Cap Growth Equities | 10 | 2.78% | — | Jul 2020 | USIAX vs QGRPX | |
| UBS Multi Income Bond Fund | Intermediate Core-Plus Bond | 49 | 1.21% | — | Dec 1972 | USIAX vs UTBPX | |
| PACE Small/Medium Co Value Equity Investments | Small Cap Value Equities | 63 | 17.67% | — | Aug 1995 | USIAX vs PCSVX | |
| UBS US Dividend Ruler Fund | Large Cap Value Equities | 48 | 10.31% | — | Jul 2020 | USIAX vs DVRUX | |
| UBS U.S. Allocation Fund | Diversified Portfolio | 62 | 7.48% | — | May 1993 | USIAX vs PWTYX | |
| PACE Municipal Fixed Income Investments | Municipal Bonds | 76 | 1.20% | — | Aug 1995 | USIAX vs PCMNX | |
| PACE Mortgage-Backed Securities Fixed Income Inves... | Intermediate Core Bond | 68 | 3.01% | — | Aug 1995 | USIAX vs PCGTX | |
| UBS Global Allocation Fund | Global Allocation | 70 | 7.91% | — | Aug 1992 | USIAX vs BPGLX | |
| PACE Alternative Strategies Investments | Multistrategy | 48 | 3.65% | — | Apr 2006 | USIAX vs PASIX |
Often Compared With USIAX
Investors most often compare USIAX with SCHO, BNUEX, TRSTX. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.
Compare USIAX with Any Fund or Stock
Compare USIAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair USIAX with funds that move differently
UBS Ultra Short Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to USIAX.
Explore USIAX Diversifiers