Brown Advisory Tax-Exempt Sustainable Bond Fund (BITEX) 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 BITEX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BITEX
BITEX charges 0.49% annually. There are 141 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 | BITEX vs LSMSX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | BITEX vs VTMFX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | BITEX vs FHMIX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | BITEX vs NMTRX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | BITEX vs FSMUX |
Best Risk-Adjusted Alternatives to BITEX
BITEX has a PortfoliosLab risk / return rank of 71. There are 267 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 | BITEX vs DFABX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | BITEX vs ATOIX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | BITEX vs DNYMX | |
| DFA California Short Term Municipal Bond Portfolio | 99 | — | Apr 2007 | BITEX vs DFCMX | |
| DFA Short Term Municipal Bond Portfolio | 99 | — | Aug 2002 | BITEX vs DFSMX |
Top Performing BITEX Alternatives (YTD)
BITEX is at 1.33% YTD. There are 297 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 12.91%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 12.91% | — | Apr 1998 | BITEX vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 9.28% | — | Nov 2002 | BITEX vs NRK | |
| AllianceBernstein National Municipal Income Fund | 7.81% | — | Nov 2001 | BITEX vs AFB | |
| Nuveen Virginia Quality Municipal Income Fund | 6.99% | — | Mar 1993 | BITEX vs NPV | |
| BlackRock MuniYield Michigan Quality Fund | 5.87% | — | Oct 1992 | BITEX vs MIY |
Lowest Volatility Alternatives to BITEX
BITEX has 2.42% 1-year volatility. There are 183 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 | BITEX vs DFABX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | BITEX vs USMSX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | BITEX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.60% | — | May 2016 | BITEX vs USMTX | |
| DFA Short Term Municipal Bond Portfolio | 0.61% | — | Aug 2002 | BITEX vs DFSMX |
Lowest Drawdown Alternatives to BITEX
BITEX has a 1-year max drawdown of -2.60%. There are 176 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 | BITEX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | BITEX vs ATOIX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.10% | — | Dec 2017 | BITEX vs APUSX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | BITEX vs FHMIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | BITEX vs TFCYX |
Other Mutual Funds from Brown Advisory Funds
The 10 most viewed Brown Advisory Funds mutual funds shown here include BAFWX, BIAWX, BIAEX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Brown Advisory Sustainable Growth Fund Institution... | Large Cap Growth Equities | 4 | 0.70% | — | Jun 2012 | BITEX vs BAFWX | |
| Brown Advisory Sustainable Growth Fund | Large Cap Growth Equities | 4 | 0.63% | — | Jun 2012 | BITEX vs BIAWX | |
| Brown Advisory Tax Exempt Bond Fund | Municipal Bonds | 74 | 1.45% | — | Jun 2012 | BITEX vs BIAEX | |
| Brown Advisory Flexible Equity Fund | Large Cap Growth Equities | 12 | 3.88% | — | Nov 2006 | BITEX vs BIAFX | |
| Brown Advisory - WMC Strategic European Equity Fun... | Europe Equities | 9 | -0.62% | — | Oct 2013 | BITEX vs BIAHX | |
| Brown Advisory Growth Equity Fund | Large Cap Growth Equities | 4 | 5.00% | — | Jun 1999 | BITEX vs BIAGX | |
| Brown Advisory Small-Cap Growth Fund | Small Cap Growth Equities | 20 | 12.38% | — | Jun 1999 | BITEX vs BIASX | |
| Brown Advisory Mid-Cap Growth Fund | Mid Cap Growth Equities | — | — | — | Jul 2018 | BITEX vs BAFMX | |
| Brown Advisory - Beutel Goodman Large-Cap Value Fu... | Large Cap Value Equities | 28 | 8.89% | — | Feb 2018 | BITEX vs BVALX | |
| Brown Advisory Small-Cap Fundamental Value Fund | Small Cap Blend Equities | 58 | 15.99% | — | Dec 2008 | BITEX vs BIAUX |
Often Compared With BITEX
Investors most often compare BITEX with BTC-USD, BIAZX, BIAYX. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare BITEX with Any Fund or Stock
Compare BITEX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BITEX with funds that move differently
Brown Advisory Tax-Exempt Sustainable Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BITEX.
Explore BITEX Diversifiers