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 141 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 82. There are 69 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 | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | USSTX vs ATOIX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | USSTX vs DNYMX | |
| DFA California Short Term Municipal Bond Portfolio | 99 | — | Apr 2007 | USSTX vs DFCMX | |
| DFA Short Term Municipal Bond Portfolio | 99 | — | Aug 2002 | USSTX vs DFSMX |
Top Performing USSTX Alternatives (YTD)
USSTX is at 1.12% YTD. There are 353 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 | USSTX vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 9.28% | — | Nov 2002 | USSTX vs NRK | |
| AllianceBernstein National Municipal Income Fund | 7.81% | — | Nov 2001 | USSTX vs AFB | |
| Nuveen Virginia Quality Municipal Income Fund | 6.99% | — | Mar 1993 | USSTX vs NPV | |
| BlackRock MuniYield Michigan Quality Fund | 5.87% | — | Oct 1992 | USSTX vs MIY |
Lowest Volatility Alternatives to USSTX
USSTX has 1.43% 1-year volatility. There are 48 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 | USSTX vs DFABX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | USSTX vs USMSX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | USSTX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.60% | — | May 2016 | USSTX vs USMTX | |
| DFA Short Term Municipal Bond Portfolio | 0.61% | — | Aug 2002 | USSTX vs DFSMX |
Lowest Drawdown Alternatives to USSTX
USSTX has a 1-year max drawdown of -1.34%. There are 39 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 | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.10% | — | Dec 2017 | USSTX vs APUSX | |
| 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 |
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 | USSTX vs USNQX | |
| USAA 500 Index Fund | Large Cap Blend Equities | 51 | 8.37% | — | May 1996 | USSTX vs USSPX | |
| Victory Pioneer Cat Bond Fund Class Y | Nontraditional Bonds | 100 | 2.82% | — | Jan 2023 | USSTX vs CBYYX | |
| USAA Aggressive Growth Fund | Large Cap Growth Equities | 12 | 2.23% | — | Oct 1981 | USSTX vs USAUX | |
| USAA Precious Metals and Minerals Fund | Precious Metals | 16 | -9.42% | — | Aug 1984 | USSTX vs USAGX | |
| Victory Global Energy Transition Fund | Energy Equities | 96 | 31.43% | — | Nov 1995 | USSTX vs RSNRX | |
| USAA Growth Fund | Large Cap Growth Equities | 8 | -2.07% | — | Apr 1971 | USSTX vs USAAX | |
| USAA Cornerstone Moderately Aggressive Fund | Diversified Portfolio | 63 | 7.78% | — | Aug 1984 | USSTX vs USCRX | |
| USAA Growth and Tax Strategy Fund | Diversified Portfolio | 75 | 5.42% | — | Jan 1989 | USSTX vs USBLX | |
| USAA High Income Fund | High Yield Bonds | 71 | 1.40% | — | Aug 1999 | USSTX vs USHYX |
Often Compared With USSTX
Investors most often compare USSTX with TRBUX, DMREX, DCARX. These 10 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Ultra Short-Term Bond Fund | Ultrashort Bond | 99 | 1.39% | — | Dec 2012 | USSTX vs TRBUX | |
| DFA Municipal Real Return Portfolio | Municipal Bonds | 94 | 1.95% | — | Nov 2014 | USSTX vs DMREX | |
| DFA California Municipal Real Return Portfolio | Municipal Bonds | 94 | 1.75% | — | Oct 2017 | USSTX vs DCARX | |
| PIMCO Fixed Income SHares: Series TE | Municipal Bonds | 77 | 1.81% | — | Jun 2012 | USSTX vs FXIEX | |
| Vanguard Short-Term Tax-Exempt Fund Admiral Shares | Municipal Bonds | 97 | 1.14% | — | Feb 2001 | USSTX vs VWSUX | |
| Strategic Advisers Tax-Sensitive Short Duration Fu... | Municipal Bonds | 97 | 0.77% | — | Dec 2017 | USSTX vs FGNSX | |
| BlackRock MuniHoldings California Quality Fund | Municipal Bonds | 36 | 5.75% | — | Feb 1998 | USSTX vs MUC | |
| Nuveen Municipal Value Fund Inc. | Municipal Bonds | 46 | 3.28% | — | Apr 1987 | USSTX vs NUV | |
| BlackRock MuniYield Quality Fund | Municipal Bonds | 24 | 5.08% | — | Jul 1992 | USSTX vs MQY | |
| BlackRock MuniHoldings New Jersey Quality Fund | Municipal Bonds | 58 | 5.53% | — | Mar 1998 | USSTX vs MUJ |
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