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
| 5.27% | 5.17% | 0.16 | 5.48% | 3.12% | 0.090% | 22.81 Bil | |
| iShares Treasury Floating Rate Bond ETF
TFLO
| 5.32% | 5.29% | 0.01 | 5.51% | 3.26% | 0.150% | 7.25 Bil | |
| iShares Short Treasury Bond ETF
SHV
| 5.14% | 5.09% | 0.28 | 5.36% | 2.78% | 0.150% | 19.08 Bil | |
| iShares Interest Rt Hdg U.S. Aggt Bd ETF
AGRH
| — | 4.87% | 0.05 | 6.14% | — | 0.130% | 5.17 Mil | |
| iShares Interest Rate Hedged Corp Bd ETF
LQDH
| 4.60% | 8.57% | 0.07 | 9.60% | 4.17% | 0.230% | 372.00 Mil | |
| iShares Interest Rate Hdg L/T Corp BdETF
IGBH
| 4.59% | 7.51% | 0.08 | 10.63% | 4.03% | 0.140% | 170.89 Mil | |
| iShares Floating Rate Bond ETF
FLOT
| 5.75% | 5.89% | 0.02 | 6.76% | 3.72% | 0.150% | 7.50 Bil | |
| WisdomTree Floating Rate Trsy Dgtl N/A
FLTTX
| — | 5.12% | — | 5.56% | — | 0.050% | 1.58 Mil | |
| WisdomTree Floating Rate Treasury ETF
USFR
| 5.35% | 5.39% | 0.02 | 5.58% | 3.31% | 0.150% | 17.80 Bil | |
| Western Asset Ultra-Short Income IS
ARMLX
| 4.78% | 3.54% | 0.47 | 6.82% | 2.99% | 0.350% | 435.25 Mil | |
| Western Asset Ultra-Short Income I
SBAYX
| 4.75% | 3.52% | 0.47 | 6.94% | 3.01% | 0.380% | 435.25 Mil | |
| Weitz Ultra Short Government Instl
SAFEX
| — | 4.92% | 0.30 | 5.20% | 2.85% | 0.330% | 181.74 Mil | |
| Variant Impact Fund Institutional
IMPCX
| — | — | 7.15% | — | 12.28% | — | 1.960% | 87.52 Mil |
| Vanguard Ultra-Short-Term Bond Investor
VUBFX
| 5.14% | 4.86% | 0.96 | 5.64% | 2.34% | 0.200% | 12.47 Bil | |
| Vanguard Ultra-Short-Term Bond Admiral
VUSFX
| 5.24% | 4.95% | 0.96 | 5.86% | 2.44% | 0.100% | 12.47 Bil | |
| Vanguard Ultra-Short Bond ETF
VUSB
| 5.26% | 5.00% | 0.96 | 5.91% | 2.45% | 0.100% | 4.31 Bil | |
| VanEck IG Floating Rate ETF
FLTR
| 5.85% | 6.23% | −0.08 | 7.58% | 4.00% | 0.140% | 1.65 Bil | |
| US Treasury 6 Month Bill ETF
XBIL
| 5.14% | 5.26% | 0.47 | 5.35% | — | 0.150% | 621.09 Mil | |
| US Treasury 3 Month Bill ETF
TBIL
| 5.09% | 5.48% | 0.22 | 5.59% | — | 0.150% | 3.84 Bil | |
| UBS Ultra Short Income P
USIPX
| 4.88% | 4.82% | 0.36 | 5.72% | 2.67% | 0.250% | 384.01 Mil | |
| UBS Ultra Short Income I
USDIX
| 4.90% | 4.84% | 0.36 | 5.74% | 2.66% | 0.230% | 384.01 Mil | |
| UBS Ultra Short Income A
USIAX
| 4.78% | 4.73% | 0.36 | 5.61% | 2.57% | 0.350% | 384.01 Mil | |
| Touchstone Ultra Short Income ETF
TUSI
| 4.96% | 5.36% | — | 6.74% | — | 0.250% | 78.30 Mil | |
| Touchstone Ultra Short Dur F/I Y
TSYYX
| 4.99% | 4.45% | 0.61 | 7.05% | 3.17% | 0.400% | 508.69 Mil | |
| Touchstone Ultra Short Dur F/I Instl
TSDIX
| 5.07% | 4.50% | 0.61 | 7.11% | 3.23% | 0.350% | 508.69 Mil |