USAA Tax Exempt Short Term Fund (USSTX) 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 USSTX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to USSTX
USSTX charges 0.49% annually. There are 139 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 | USSTX vs LSMSX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | USSTX vs VTMFX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | USSTX vs FHMIX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | USSTX vs NMTRX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | USSTX vs FSMUX |
Best Risk-Adjusted Alternatives to USSTX
USSTX has a PortfoliosLab risk / return rank of 80. There are 208 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 | USSTX vs DFABX | |
| DFA Short Term Municipal Bond Portfolio | 100 | — | Aug 2002 | USSTX vs DFSMX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | USSTX vs ATOIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | 99 | — | Apr 2016 | USSTX vs TFCYX | |
| Federated Hermes Conservative Municipal Microshort... | 99 | — | Feb 2021 | USSTX vs FHMIX |
Top Performing USSTX Alternatives (YTD)
USSTX is at 1.26% YTD. There are 332 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 10.97%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 10.97% | — | Apr 1998 | USSTX vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 10.93% | — | Nov 2002 | USSTX vs NRK | |
| BlackRock MuniYield Michigan Quality Fund | 8.42% | — | Oct 1992 | USSTX vs MIY | |
| AllianceBernstein National Municipal Income Fund | 7.33% | — | Nov 2001 | USSTX vs AFB | |
| BlackRock MuniHoldings California Quality Fund | 7.11% | — | Feb 1998 | USSTX vs MUC |
Lowest Volatility Alternatives to USSTX
USSTX has 1.42% 1-year volatility. There are 48 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.55%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 0.55% | — | Apr 2022 | USSTX vs DFABX | |
| DFA Short Term Municipal Bond Portfolio | 0.56% | — | Aug 2002 | USSTX vs DFSMX | |
| DFA California Short Term Municipal Bond Portfolio | 0.57% | — | Apr 2007 | USSTX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.58% | — | May 2016 | USSTX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | USSTX vs USMTX |
Lowest Drawdown Alternatives to USSTX
USSTX has a 1-year max drawdown of -1.34%. There are 38 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 | USSTX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | USSTX vs ATOIX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | USSTX vs FHMIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | USSTX vs TFCYX | |
| DFA Short Term Municipal Bond Portfolio | -0.11% | — | Aug 2002 | USSTX vs DFSMX |
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 | 50 | 16.04% | — | Oct 2000 | USSTX vs USNQX | |
| Victory 500 Index Fund Member Shares | Large Cap Blend Equities | 60 | 10.56% | — | May 1996 | USSTX vs USSPX | |
| Victory Pioneer Cat Bond Fund Class Y | Nontraditional Bonds | 100 | 3.64% | — | Jan 2023 | USSTX vs CBYYX | |
| USAA Aggressive Growth Fund | Large Cap Growth Equities | 13 | 4.76% | — | Oct 1981 | USSTX vs USAUX | |
| Victory Global Energy Transition Fund | Energy Equities | 93 | 27.31% | — | Nov 1995 | USSTX vs RSNRX | |
| USAA Precious Metals and Minerals Fund | Precious Metals | 19 | -14.14% | — | Aug 1984 | USSTX vs USAGX | |
| USAA Growth Fund | Large Cap Growth Equities | 9 | 0.25% | — | Apr 1971 | USSTX vs USAAX | |
| USAA Cornerstone Moderately Aggressive Fund | Diversified Portfolio | 72 | 8.15% | — | Aug 1984 | USSTX vs USCRX | |
| USAA Growth and Tax Strategy Fund | Diversified Portfolio | 82 | 6.50% | — | Jan 1989 | USSTX vs USBLX | |
| USAA Science & Technology Fund | Technology Equities | 39 | 18.81% | — | Jul 1997 | USSTX vs USSCX |
Often Compared With USSTX
Investors most often compare USSTX with TRBUX, USHYX, DMREX. These 13 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare USSTX with Any Fund or Stock
Compare USSTX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair USSTX with funds that move differently
USAA Tax Exempt Short Term Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to USSTX.
Explore USSTX Diversifiers