Baird Municipal Bond Fund (BMQSX) Alternatives
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 funds that fit a different role in your portfolio.
Cheapest Alternatives to BMQSX
BMQSX charges 0.55% annually. Among mutual funds in the Municipal Bonds category, these options have the lowest expense ratios among BMQSX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Western Asset SMASh Series TF Fund | 0.01% | Dec 22, 2015 | BMQSX vs LSMSX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | May 30, 2007 | BMQSX vs NMTRX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | Feb 2, 2021 | BMQSX vs FHMIX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | Jun 24, 2021 | BMQSX vs FSMUX | |
| Fidelity Municipal Bond Index Fund | 0.07% | Jul 11, 2019 | BMQSX vs FMBIX |
Best Risk-Adjusted Alternatives to BMQSX
Among mutual funds in the Municipal Bonds category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| abrdn Ultra Short Municipal Income Fund | 100 | Dec 4, 2002 | BMQSX vs ATOIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | 99 | Apr 21, 2016 | BMQSX vs TFCYX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | 99 | Dec 25, 2017 | BMQSX vs APUSX | |
| Federated Hermes Conservative Municipal Microshort... | 99 | Feb 2, 2021 | BMQSX vs FHMIX | |
| JPMorgan Ultra-Short Municipal Fund | 99 | May 30, 2016 | BMQSX vs USMTX |
Top Performing BMQSX Alternatives (YTD)
BMQSX alternatives from the Municipal Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 5.52% | Apr 20, 1998 | BMQSX vs NMI | |
| Nuveen Virginia Quality Municipal Income Fund | 4.94% | Mar 18, 1993 | BMQSX vs NPV | |
| Nuveen New York AMT Free Quality Municipal Income | 4.26% | Nov 21, 2002 | BMQSX vs NRK | |
| BlackRock MuniYield Michigan Quality Fund | 3.67% | Oct 30, 1992 | BMQSX vs MIY | |
| Nuveen Pennsylvania Quality Municipal Income | 2.14% | Feb 21, 1991 | BMQSX vs NQP |
Lowest Volatility Alternatives to BMQSX
BMQSX alternatives from the Municipal Bonds category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| DFA Short Term Municipal Bond Portfolio | 0.68% | Aug 19, 2002 | BMQSX vs DFSMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.69% | May 31, 2016 | BMQSX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.70% | May 30, 2016 | BMQSX vs USMTX | |
| DFA Short-Term Selective State Municipal Bond Port... | 0.71% | Apr 11, 2022 | BMQSX vs DFABX | |
| BlackRock Allocation Target Shares | 0.76% | May 20, 2021 | BMQSX vs BATVX |
Lowest Drawdown Alternatives to BMQSX
BMQSX alternatives from the Municipal Bonds category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| BlackRock Allocation Target Shares | 0.00% | May 20, 2021 | BMQSX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | Dec 4, 2002 | BMQSX vs ATOIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | Apr 21, 2016 | BMQSX vs TFCYX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.20% | Dec 25, 2017 | BMQSX vs APUSX | |
| Federated Hermes Conservative Municipal Microshort... | -0.20% | Feb 2, 2021 | BMQSX vs FHMIX |
Other Mutual Funds from Baird
Most popular Baird mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Baird Aggregate Bond Fund Class I | Total Bond Market | 52 | -0.06% | Sep 29, 2000 | BMQSX vs BAGIX | |
| Baird Core Plus Bond Fund | Intermediate Core-Plus Bond | 60 | -0.16% | Sep 29, 2000 | BMQSX vs BCOIX | |
| Baird Intermediate Bond Fund Class Institutional | Intermediate Core Bond | 79 | -0.34% | Sep 29, 2000 | BMQSX vs BIMIX | |
| Baird Core Plus Bond Fund | Intermediate Core-Plus Bond | 53 | -0.21% | Sep 29, 2000 | BMQSX vs BCOSX | |
| Baird Strategic Municipal Bond Fund | Municipal Bonds | 79 | 0.24% | Nov 14, 2019 | BMQSX vs BSNSX | |
| Baird Aggregate Bond Fund | Intermediate Core Bond | 48 | -0.11% | Sep 29, 2000 | BMQSX vs BAGSX | |
| Baird Short-Term Bond Fund Institutional Class | Short-Term Bond | 98 | 0.27% | Aug 31, 2004 | BMQSX vs BSBIX | |
| Baird Ultra Short Bond Fund | Ultrashort Bond | 100 | 0.80% | Dec 31, 2013 | BMQSX vs BUBSX | |
| Baird Intermediate Bond Fund | Intermediate Core Bond | 81 | -0.14% | Sep 29, 2000 | BMQSX vs BIMSX | |
| Baird Mid Cap Growth Fund | Mid Cap Growth Equities | 26 | -2.25% | Dec 29, 2000 | BMQSX vs BMDSX |
Often Compared With BMQSX
What investors most often compare with BMQSX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Brown Advisory Tax Exempt Bond Fund | Municipal Bonds | 63 | -0.48% | Jun 28, 2012 | BMQSX vs BIAEX | |
| Vanguard High-Yield Tax-Exempt Fund Admiral Shares | Municipal Bonds | 35 | -0.26% | Nov 12, 2001 | BMQSX vs VWALX | |
| Fidelity 500 Index Fund | S&P 500 | 60 | -4.34% | Feb 17, 1988 | BMQSX vs FXAIX | |
| Blackrock 2037 Municipal Target Term Trust | Municipal Bonds | 28 | 1.11% | Oct 28, 2022 | BMQSX vs BMN | |
| Fidelity Conservative Income Municipal Bond Fund I... | Municipal Bonds | 99 | 0.30% | Oct 15, 2013 | BMQSX vs FMNDX | |
| PIMCO Fixed Income SHares: Series TE | Municipal Bonds | 18 | -0.41% | Jun 24, 2012 | BMQSX vs FXIEX | |
| Baird Ultra Short Bond Fund Institutional Class | Ultrashort Bond | 100 | 0.51% | Dec 31, 2013 | BMQSX vs BUBIX |
Compare BMQSX with Any Fund or Stock
Compare BMQSX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.