BlackRock Allocation Target Shares Series E Portfolio (BATEX) belongs to the High Yield Muni category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with BATEX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BATEX
BATEX charges 0.11% annually. There is 1 mutual fund in the High Yield Muni category with a lower expense ratio, going as low as 0.09%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard High-Yield Tax-Exempt Fund Admiral Shares | 0.09% | 17.60B | Nov 2001 | BATEX vs VWALX | |
| Vanguard High-Yield Tax-Exempt Fund Investor Share... | 0.17% | 17.60B | Dec 1978 | BATEX vs VWAHX | |
| Eaton Vance High Yield Municipal Income Fund Class... | 0.18% | — | May 2007 | BATEX vs EWHYX | |
| American High-Income Municipal Bond Fund Class F-3 | 0.31% | — | Jan 2017 | BATEX vs HIMFX | |
| American High-Income Municipal Bond Fund Class F-2 | 0.42% | — | Aug 2008 | BATEX vs AHMFX |
Best Risk-Adjusted Alternatives to BATEX
BATEX has a PortfoliosLab risk / return rank of 80. There are 32 mutual funds in the High Yield Muni category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| T. Rowe Price Tax Free High Yield Fund | 96 | — | Feb 1985 | BATEX vs PRFHX | |
| Federated Hermes Municipal High Yield Advtg Fd | 95 | — | Apr 1987 | BATEX vs FHTFX | |
| Invesco Short Duration High Yield Municipal Fund | 94 | — | Sep 2015 | BATEX vs ISHYX | |
| Columbia High Yield Municipal Fund | 93 | — | Mar 1984 | BATEX vs SRHMX | |
| Allspring High Yield Municipal Bond Fund | 93 | — | Jan 2013 | BATEX vs WHYIX |
Top Performing BATEX Alternatives (YTD)
BATEX is at 3.87% YTD. There are 5 mutual funds in the High Yield Muni category with higher YTD returns, going as high as 5.99%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal High Income Opportunity Fund | 5.99% | — | Nov 2003 | BATEX vs NMZ | |
| Eaton Vance High Yield Municipal Income Fund Class... | 4.05% | — | May 2007 | BATEX vs EWHYX | |
| Columbia High Yield Municipal Fund | 3.92% | — | Mar 1984 | BATEX vs SRHMX | |
| Nuveen High Yield Municipal Bond Fund Class R6 | 3.90% | — | Jun 2016 | BATEX vs NHMFX | |
| Nuveen High Yield Municipal Bond Fund | 3.88% | — | Jun 1999 | BATEX vs NHMRX |
Lowest Volatility Alternatives to BATEX
BATEX has 3.87% 1-year volatility. There are 40 mutual funds in the High Yield Muni category with lower 1-year volatility, going as low as 2.07%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Lord Abbett Short Duration High Income Municipal B... | 2.07% | — | Jun 2015 | BATEX vs SDHIX | |
| Redwood Managed Municipal Income Fund | 2.07% | — | Mar 2017 | BATEX vs RWMIX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | 2.26% | — | Jan 2013 | BATEX vs NVHIX | |
| Invesco Short Duration High Yield Municipal Fund | 2.29% | — | Sep 2015 | BATEX vs ISHYX | |
| Counterpoint Tactical Municipal Fund | 2.58% | — | Jun 2018 | BATEX vs TMNIX |
Lowest Drawdown Alternatives to BATEX
BATEX has a 1-year max drawdown of -3.14%. There are 38 mutual funds in the High Yield Muni category with shallower 1-year drawdowns, going as shallow as -1.79%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Short Duration High Yield Municipal Bond Fu... | -1.79% | — | Jan 2013 | BATEX vs NVHIX | |
| Invesco Short Duration High Yield Municipal Fund | -1.89% | — | Sep 2015 | BATEX vs ISHYX | |
| abrdn Short Duration High Yield Municipal Fund | -1.98% | — | May 2013 | BATEX vs AHYMX | |
| First Eagle Short Duration High Yield Municipal Fu... | -1.99% | — | Feb 2024 | BATEX vs FDUAX | |
| Lord Abbett Short Duration High Income Municipal B... | -2.08% | — | Jun 2015 | BATEX vs SDHIX |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include ECAT, WFSPX, BDMIX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BlackRock ESG Capital Allocation Term Trust | Tactical Allocation, Derivative Income, ESG | 39 | 15.10% | — | Sep 2021 | BATEX vs ECAT | |
| iShares S&P 500 Index Fund Class K | S&P 500 | 65 | 11.33% | — | Jul 1993 | BATEX vs WFSPX | |
| BlackRock Global Equity Market Neutral Fund Class ... | Equity Market Neutral | 96 | 11.25% | — | Dec 2012 | BATEX vs BDMIX | |
| BlackRock LifePath Index 2055 Fund | Target Retirement Date | 64 | 12.43% | — | May 2011 | BATEX vs LIVIX | |
| Fidelity Asset Manager 70% Fund | Diversified Portfolio | 73 | 11.70% | — | Dec 1991 | BATEX vs FASGX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | Systematic Trend | 51 | 9.56% | — | Jul 2010 | BATEX vs ASFYX | |
| BlackRock Enhanced Equity Dividend Fund | Derivative Income | 41 | 5.97% | — | Aug 2005 | BATEX vs BDJ | |
| BlackRock Technology Opportunities Fund Investor A | Technology Equities | 50 | 34.57% | — | Apr 2000 | BATEX vs BGSAX | |
| Fidelity Asset Manager 40% Fund | Diversified Portfolio | 72 | 6.74% | — | Oct 2007 | BATEX vs FFANX | |
| Fidelity Asset Manager 85% Fund | Diversified Portfolio | 72 | 13.91% | — | Sep 1999 | BATEX vs FAMRX |
Often Compared With BATEX
Investors most often compare BATEX with VWLUX, HIMYX, ABTYX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare BATEX with Any Fund or Stock
Compare BATEX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BATEX with funds that move differently
BlackRock Allocation Target Shares Series E Portfolio alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BATEX.
Explore BATEX Diversifiers