Ultrashort Bond Funds
Ultrashort-bond funds invest primarily in investment-grade U.S. fixed-income issues and have durations typically of less than one year. This category can include corporate or government ultrashort bond portfolios, but it excludes international, convertible, multisector, and high-yield bond portfolios. Because of their focus on bonds with very short durations, these portfolios offer minimal interest-rate sensitivity and therefore low risk and total return potential.
|
Name
|
Medalist Rating
Overall
|
SEC 30-Day Yield
|
TTM Yield
|
Average Effective Duration
|
Total Return
1 Year
|
Total Return
3 Year
|
Adjusted Expense Ratio
|
Fund Size
|
|---|---|---|---|---|---|---|---|---|
| iShares® 0-3 Month Treasury Bond ETF
SGOV
| 5.26% | 5.16% | 0.16 | 5.45% | 3.07% | 0.070% | 22.73 Bil | |
| iShares Treasury Floating Rate Bond ETF
TFLO
| 5.32% | 5.26% | 0.01 | 5.54% | 3.21% | 0.150% | 7.02 Bil | |
| iShares Short Treasury Bond ETF
SHV
| 5.14% | 5.09% | 0.28 | 5.31% | 2.73% | 0.150% | 18.69 Bil | |
| iShares Interest Rt Hdg U.S. Aggt Bd ETF
AGRH
| — | 4.80% | 0.05 | 6.39% | — | 0.130% | 5.18 Mil | |
| iShares Interest Rate Hedged Corp Bd ETF
LQDH
| 4.59% | 8.27% | 0.07 | 9.80% | 4.29% | 0.230% | 367.62 Mil | |
| iShares Interest Rate Hdg L/T Corp BdETF
IGBH
| 4.48% | 7.34% | 0.08 | 10.90% | 4.23% | 0.140% | 171.45 Mil | |
| iShares Floating Rate Bond ETF
FLOT
| 5.75% | 5.85% | 0.02 | 6.80% | 3.67% | 0.150% | 7.41 Bil | |
| WisdomTree Floating Rate Trsy Dgtl N/A
FLTTX
| — | 4.89% | — | 5.57% | — | 0.050% | 1.58 Mil | |
| WisdomTree Floating Rate Treasury ETF
USFR
| 5.32% | 5.36% | 0.02 | 5.60% | 3.26% | 0.150% | 17.80 Bil | |
| Western Asset Ultra-Short Income IS
ARMLX
| 4.78% | 3.84% | 0.47 | 6.91% | 2.96% | 0.350% | 435.73 Mil | |
| Western Asset Ultra-Short Income I
SBAYX
| 4.75% | 3.83% | 0.47 | 7.03% | 2.97% | 0.380% | 435.73 Mil | |
| Western Asset Ultra-Short Income A
ARMZX
| 4.48% | 3.56% | 0.47 | 6.61% | 2.66% | 0.650% | 435.73 Mil | |
| Weitz Ultra Short Government Instl
SAFEX
| — | 4.93% | 0.30 | 5.14% | 2.79% | 0.330% | 181.73 Mil | |
| Variant Impact Fund Institutional
IMPCX
| — | — | 6.79% | — | 12.17% | — | 1.960% | 84.23 Mil |
| Vanguard Ultra-Short-Term Bond Investor
VUBFX
| 5.10% | 4.77% | 0.96 | 5.74% | 2.30% | 0.200% | 12.47 Bil | |
| Vanguard Ultra-Short-Term Bond Admiral
VUSFX
| 5.20% | 4.87% | 0.96 | 5.89% | 2.42% | 0.100% | 12.47 Bil | |
| Vanguard Ultra-Short Bond ETF
VUSB
| 5.22% | 4.91% | 0.96 | 5.94% | 2.42% | 0.100% | 4.33 Bil | |
| VanEck IG Floating Rate ETF
FLTR
| 5.87% | 6.22% | −0.08 | 7.63% | 3.95% | 0.140% | 1.62 Bil | |
| US Treasury 6 Month Bill ETF
XBIL
| 5.14% | 5.23% | 0.47 | 5.30% | — | 0.150% | 600.85 Mil | |
| US Treasury 3 Month Bill ETF
TBIL
| 5.10% | 5.46% | 0.22 | 5.54% | — | 0.150% | 3.72 Bil | |
| UBS Ultra Short Income P
USIPX
| 4.88% | 5.23% | 0.36 | 5.68% | 2.62% | 0.250% | 386.59 Mil | |
| UBS Ultra Short Income I
USDIX
| 4.90% | 5.25% | 0.36 | 5.70% | 2.61% | 0.230% | 386.59 Mil | |
| UBS Ultra Short Income A
USIAX
| 4.78% | 5.13% | 0.36 | 5.57% | 2.52% | 0.350% | 386.59 Mil | |
| Touchstone Ultra Short Income ETF
TUSI
| 4.96% | 5.45% | — | 6.84% | — | 0.250% | 78.48 Mil | |
| Touchstone Ultra Short Dur F/I Y
TSYYX
| 4.99% | 4.85% | 0.61 | 7.11% | 3.13% | 0.400% | 505.85 Mil |