abrdn Ultra Short Municipal Income Fund (ATOIX) 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 ATOIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ATOIX
ATOIX charges 0.44% annually. There are 88 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 | ATOIX vs LSMSX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | ATOIX vs NMTRX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | ATOIX vs FHMIX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | ATOIX vs FSMUX | |
| Fidelity Municipal Bond Index Fund | 0.07% | 0.00 | Jul 2019 | ATOIX vs FMBIX |
Best Risk-Adjusted Alternatives to ATOIX
ATOIX has a PortfoliosLab risk / return rank of 99. There are 4 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 | ATOIX vs DFABX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | ATOIX vs DNYMX | |
| DFA California Short Term Municipal Bond Portfolio | 99 | — | Apr 2007 | ATOIX vs DFCMX | |
| DFA Short Term Municipal Bond Portfolio | 99 | — | Aug 2002 | ATOIX vs DFSMX | |
| JPMorgan Ultra-Short Municipal Fund | 99 | — | May 2016 | ATOIX vs USMTX |
Top Performing ATOIX Alternatives (YTD)
ATOIX is at 1.01% YTD. There are 377 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 11.65%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 11.65% | — | Apr 1998 | ATOIX vs NMI | |
| Nuveen Virginia Quality Municipal Income Fund | 6.88% | — | Mar 1993 | ATOIX vs NPV | |
| Nuveen New York AMT Free Quality Municipal Income | 6.87% | — | Nov 2002 | ATOIX vs NRK | |
| AllianceBernstein National Municipal Income Fund | 6.20% | — | Nov 2001 | ATOIX vs AFB | |
| BlackRock MuniYield Michigan Quality Fund | 5.14% | — | Oct 1992 | ATOIX vs MIY |
Lowest Volatility Alternatives to ATOIX
ATOIX has 0.87% 1-year volatility. There are 10 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 | ATOIX vs DFABX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | ATOIX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | ATOIX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | ATOIX vs USMTX | |
| DFA Short Term Municipal Bond Portfolio | 0.61% | — | Aug 2002 | ATOIX vs DFSMX |
Lowest Drawdown Alternatives to ATOIX
ATOIX has a 1-year max drawdown of -0.10%. There is 1 mutual fund in the Municipal Bonds category with a shallower 1-year drawdown, going as shallow as 0.00%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock Allocation Target Shares | 0.00% | — | May 2021 | ATOIX vs BATVX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.10% | — | Dec 2017 | ATOIX vs APUSX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | ATOIX vs FHMIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | ATOIX vs TFCYX | |
| DFA Short-Term Selective State Municipal Bond Port... | -0.11% | — | Apr 2022 | ATOIX vs DFABX |
Other Mutual Funds from Aberdeen
The 10 most viewed Aberdeen mutual funds shown here include ASGI, THQ, STK and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Abrdn Global Infrastructure Income Fund | Industrials Equities | 27 | 5.26% | — | Jul 2020 | ATOIX vs ASGI | |
| Abrdn Healthcare Opportunities Fund | Health & Biotech Equities | 6 | -2.61% | — | Jul 2014 | ATOIX vs THQ | |
| Columbia Seligman Premium Technology Growth Closed... | Technology Equities | 98 | 59.80% | — | Nov 2009 | ATOIX vs STK | |
| abrdn Asia-Pacific Income Fund Inc | Emerging Markets Bonds | 5 | -0.83% | — | Jan 1990 | ATOIX vs FAX | |
| abrdn Realty Income & Growth Fund | REIT | 22 | 11.71% | — | Dec 1998 | ATOIX vs AIGYX | |
| abrdn Emerging Markets ex-China Fund | Emerging Markets Diversified | 96 | 46.58% | — | Aug 2000 | ATOIX vs GLLSX | |
| abrdn Dynamic Dividend Fund | Global Equities | 78 | 13.90% | — | Sep 2003 | ATOIX vs ADVDX | |
| abrdn China A Share Equity Fund | China Equities | — | — | — | Jun 2004 | ATOIX vs GOPIX | |
| abrdn U.S. Sustainable Leaders Fund | Large Cap Growth Equities | 15 | 6.73% | — | Jun 2000 | ATOIX vs GXXIX | |
| abrdn World Healthcare Fund | Health & Biotech Equities | 38 | 0.57% | — | Jun 2015 | ATOIX vs THW |
Often Compared With ATOIX
Investors most often compare ATOIX with CBTAX, COLTX, ALTHX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare ATOIX with Any Fund or Stock
Compare ATOIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ATOIX with funds that move differently
abrdn Ultra Short Municipal Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ATOIX.
Explore ATOIX Diversifiers