Brown Advisory Tax Exempt Bond Fund (BIAEX) 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 BIAEX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BIAEX
BIAEX charges 0.46% annually. There are 112 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 | BIAEX vs LSMSX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | BIAEX vs NMTRX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | BIAEX vs FHMIX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | BIAEX vs FSMUX | |
| Fidelity Municipal Bond Index Fund | 0.07% | 0.00 | Jul 2019 | BIAEX vs FMBIX |
Best Risk-Adjusted Alternatives to BIAEX
BIAEX has a PortfoliosLab risk / return rank of 75. There are 144 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 | BIAEX vs DFABX | |
| DFA California Short Term Municipal Bond Portfolio | 99 | — | Apr 2007 | BIAEX vs DFCMX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | BIAEX vs DNYMX | |
| DFA Short Term Municipal Bond Portfolio | 99 | — | Aug 2002 | BIAEX vs DFSMX | |
| JPMorgan Ultra-Short Municipal Fund | 99 | — | May 2016 | BIAEX vs USMTX |
Top Performing BIAEX Alternatives (YTD)
BIAEX is at 1.55% YTD. There are 227 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 11.50%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 11.50% | — | Apr 1998 | BIAEX vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 7.89% | — | Nov 2002 | BIAEX vs NRK | |
| AllianceBernstein National Municipal Income Fund | 6.96% | — | Nov 2001 | BIAEX vs AFB | |
| Nuveen Virginia Quality Municipal Income Fund | 6.88% | — | Mar 1993 | BIAEX vs NPV | |
| BlackRock MuniYield Michigan Quality Fund | 5.83% | — | Oct 1992 | BIAEX vs MIY |
Lowest Volatility Alternatives to BIAEX
BIAEX has 2.51% 1-year volatility. There are 202 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 | BIAEX vs DFABX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | BIAEX vs USMSX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | BIAEX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | BIAEX vs USMTX | |
| DFA Short Term Municipal Bond Portfolio | 0.61% | — | Aug 2002 | BIAEX vs DFSMX |
Lowest Drawdown Alternatives to BIAEX
BIAEX has a 1-year max drawdown of -2.82%. There are 255 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 | BIAEX vs BATVX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.10% | — | Dec 2017 | BIAEX vs APUSX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | BIAEX vs ATOIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | BIAEX vs TFCYX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | BIAEX vs FHMIX |
Other Mutual Funds from Brown Advisory Funds
The 10 most viewed Brown Advisory Funds mutual funds shown here include BAFWX, BIAWX, BIAHX and span 7 categories.
Often Compared With BIAEX
Investors most often compare BIAEX with FKTIX, COLTX, DHMBX. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare BIAEX with Any Fund or Stock
Compare BIAEX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BIAEX with funds that move differently
Brown Advisory Tax Exempt Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BIAEX.
Explore BIAEX Diversifiers