Allspring Short-Term Municipal Bond Fund (WSSCX) 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 WSSCX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to WSSCX
WSSCX charges 1.38% annually. There are 453 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 | WSSCX vs LSMSX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | WSSCX vs VTMFX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | WSSCX vs NMTRX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | WSSCX vs FHMIX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | WSSCX vs FSMUX |
Best Risk-Adjusted Alternatives to WSSCX
WSSCX has a PortfoliosLab risk / return rank of 74. There are 312 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 | WSSCX vs DFABX | |
| DFA Short Term Municipal Bond Portfolio | 100 | — | Aug 2002 | WSSCX vs DFSMX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | WSSCX vs ATOIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | 99 | — | Apr 2016 | WSSCX vs TFCYX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | WSSCX vs DNYMX |
Top Performing WSSCX Alternatives (YTD)
WSSCX is at 0.86% YTD. There are 455 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 12.59%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 12.59% | — | Apr 1998 | WSSCX vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 10.52% | — | Nov 2002 | WSSCX vs NRK | |
| AllianceBernstein National Municipal Income Fund | 8.67% | — | Nov 2001 | WSSCX vs AFB | |
| Nuveen Virginia Quality Municipal Income Fund | 7.73% | — | Mar 1993 | WSSCX vs NPV | |
| BlackRock MuniHoldings California Quality Fund | 7.30% | — | Feb 1998 | WSSCX vs MUC |
Lowest Volatility Alternatives to WSSCX
WSSCX has 1.09% 1-year volatility. There are 19 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 | WSSCX vs DFABX | |
| DFA Short Term Municipal Bond Portfolio | 0.56% | — | Aug 2002 | WSSCX vs DFSMX | |
| DFA California Short Term Municipal Bond Portfolio | 0.57% | — | Apr 2007 | WSSCX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | WSSCX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.60% | — | May 2016 | WSSCX vs USMTX |
Lowest Drawdown Alternatives to WSSCX
WSSCX has a 1-year max drawdown of -1.02%. There are 26 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 | WSSCX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | WSSCX vs ATOIX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | WSSCX vs FHMIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | WSSCX vs TFCYX | |
| DFA Short-Term Selective State Municipal Bond Port... | -0.11% | — | Apr 2022 | WSSCX vs DFABX |
Other Mutual Funds from Allspring Global Investments
The 10 most viewed Allspring Global Investments mutual funds shown here include EKWAX, EKBAX, WFMIX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Allspring Precious Metals Fund | Precious Metals | 21 | -11.08% | — | Jan 1998 | WSSCX vs EKWAX | |
| Allspring Diversified Capital Builder Fund | Diversified Portfolio | 93 | 34.22% | — | Jan 1998 | WSSCX vs EKBAX | |
| Allspring Special Mid Cap Value Fund Class I | Mid Cap Value Equities | 29 | 12.65% | — | — | WSSCX vs WFMIX | |
| Allspring Short-Term Bond Plus Fund | Short-Term Bond | 82 | 0.86% | — | Aug 1999 | WSSCX vs SSHIX | |
| Allspring Ultra Short-Term Income Fund | Ultrashort Bond | 99 | 1.85% | — | Aug 1999 | WSSCX vs SADIX | |
| Allspring Premier Large Company Growth Fund | Large Cap Growth Equities | 10 | 5.10% | — | Jan 1998 | WSSCX vs EKJAX | |
| Allspring Special Small Cap Value Fund | Small Cap Value Equities | 21 | 15.51% | — | May 1993 | WSSCX vs ESPAX | |
| Allspring Disciplined U.S. Core Fund | Large Cap Blend Equities | 67 | 10.72% | — | Feb 1990 | WSSCX vs EVSAX | |
| Allspring Discovery Mid Cap Growth Fund | Mid Cap Growth Equities | 14 | 10.91% | — | Feb 2000 | WSSCX vs SENAX | |
| Allspring Opportunity Fund | Large Cap Growth Equities | 19 | 8.32% | — | Feb 2000 | WSSCX vs SOPVX |
Often Compared With WSSCX
Investors most often compare WSSCX with APUSX, MIY, FGNSX. These 7 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Cavanal Hill Ultra Short Tax-Free Income Fund | Municipal Bonds | 18 | 1.00% | — | Dec 2017 | WSSCX vs APUSX | |
| BlackRock MuniYield Michigan Quality Fund | Municipal Bonds | 39 | 7.27% | — | Oct 1992 | WSSCX vs MIY | |
| Strategic Advisers Tax-Sensitive Short Duration Fu... | Municipal Bonds | 97 | 1.02% | — | Dec 2017 | WSSCX vs FGNSX | |
| BlackRock MuniHoldings New Jersey Quality Fund | Municipal Bonds | 63 | 6.57% | — | Mar 1998 | WSSCX vs MUJ | |
| Allspring Index Asset Allocation Fund | Diversified Portfolio | 53 | 5.95% | — | Nov 1986 | WSSCX vs SFAAX | |
| PIMCO Fixed Income SHares: Series TE | Municipal Bonds | 84 | 2.53% | — | Jun 2012 | WSSCX vs FXIEX | |
| Allspring Small Company Value Fund | Small Cap Value Equities | 53 | 20.94% | — | Jan 2002 | WSSCX vs SCVAX |
Compare WSSCX with Any Fund or Stock
Compare WSSCX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair WSSCX with funds that move differently
Allspring Short-Term Municipal Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to WSSCX.
Explore WSSCX Diversifiers