Baird Municipal Bond Fund (BMQSX) 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 BMQSX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BMQSX
BMQSX charges 0.55% annually. There are 187 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 | BMQSX vs LSMSX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | BMQSX vs VTMFX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | BMQSX vs FHMIX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | BMQSX vs NMTRX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | BMQSX vs FSMUX |
Best Risk-Adjusted Alternatives to BMQSX
BMQSX has a PortfoliosLab risk / return rank of 79. There are 228 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 | BMQSX vs DFABX | |
| DFA Short Term Municipal Bond Portfolio | 100 | — | Aug 2002 | BMQSX vs DFSMX | |
| abrdn Ultra Short Municipal Income Fund | 100 | — | Dec 2002 | BMQSX vs ATOIX | |
| Federated Hermes Conservative Municipal Microshort... | 99 | — | Feb 2021 | BMQSX vs FHMIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | 99 | — | Apr 2016 | BMQSX vs TFCYX |
Top Performing BMQSX Alternatives (YTD)
BMQSX is at 1.54% YTD. There are 270 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 10.89%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen New York AMT Free Quality Municipal Income | 10.89% | — | Nov 2002 | BMQSX vs NRK | |
| Nuveen Municipal Income Fund, Inc. | 10.46% | — | Apr 1998 | BMQSX vs NMI | |
| BlackRock MuniYield Michigan Quality Fund | 9.15% | — | Oct 1992 | BMQSX vs MIY | |
| AllianceBernstein National Municipal Income Fund | 7.14% | — | Nov 2001 | BMQSX vs AFB | |
| BlackRock MuniHoldings California Quality Fund | 7.14% | — | Feb 1998 | BMQSX vs MUC |
Lowest Volatility Alternatives to BMQSX
BMQSX has 2.24% 1-year volatility. There are 130 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.55%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short Term Municipal Bond Portfolio | 0.55% | — | Aug 2002 | BMQSX vs DFSMX | |
| DFA Short-Term Selective State Municipal Bond Port... | 0.55% | — | Apr 2022 | BMQSX vs DFABX | |
| DFA California Short Term Municipal Bond Portfolio | 0.57% | — | Apr 2007 | BMQSX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.58% | — | May 2016 | BMQSX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | BMQSX vs USMTX |
Lowest Drawdown Alternatives to BMQSX
BMQSX has a 1-year max drawdown of -2.76%. There are 221 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 | BMQSX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | BMQSX vs ATOIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | BMQSX vs TFCYX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | BMQSX vs FHMIX | |
| DFA Short Term Municipal Bond Portfolio | -0.11% | — | Aug 2002 | BMQSX vs DFSMX |
Other Mutual Funds from Baird
The 10 most viewed Baird mutual funds shown here include BCOIX, BAGIX, BIMIX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Baird Core Plus Bond Fund | Intermediate Core-Plus Bond | 30 | 0.20% | — | Sep 2000 | BMQSX vs BCOIX | |
| Baird Aggregate Bond Fund Class I | Total Bond Market | 26 | 0.04% | — | Sep 2000 | BMQSX vs BAGIX | |
| Baird Intermediate Bond Fund Class Institutional | Intermediate Core Bond | 30 | -0.11% | — | Sep 2000 | BMQSX vs BIMIX | |
| Baird Core Plus Bond Fund | Intermediate Core-Plus Bond | 27 | 0.06% | — | Sep 2000 | BMQSX vs BCOSX | |
| Baird Short-Term Bond Fund Institutional Class | Short-Term Bond | 95 | 1.06% | — | Aug 2004 | BMQSX vs BSBIX | |
| Baird Strategic Municipal Bond Fund | Municipal Bonds | 89 | 1.66% | — | Nov 2019 | BMQSX vs BSNSX | |
| Baird Aggregate Bond Fund | Intermediate Core Bond | 23 | -0.08% | — | Sep 2000 | BMQSX vs BAGSX | |
| Baird Intermediate Bond Fund | Intermediate Core Bond | 34 | 0.10% | — | Sep 2000 | BMQSX vs BIMSX | |
| Baird Ultra Short Bond Fund | Ultrashort Bond | 100 | 1.81% | — | Dec 2013 | BMQSX vs BUBSX | |
| Baird Ultra Short Bond Fund Institutional Class | Ultrashort Bond | 100 | 1.59% | — | Dec 2013 | BMQSX vs BUBIX |
Often Compared With BMQSX
Investors most often compare BMQSX with BIAEX, VWALX, FXAIX. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare BMQSX with Any Fund or Stock
Compare BMQSX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BMQSX with funds that move differently
Baird Municipal Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BMQSX.
Explore BMQSX Diversifiers