Six Circles Tax Aware Bond Fund (CBTAX) 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 CBTAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CBTAX
CBTAX charges 0.14% annually. There are 22 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 | CBTAX vs LSMSX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | CBTAX vs VTMFX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | CBTAX vs FHMIX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | CBTAX vs NMTRX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | CBTAX vs FSMUX |
Best Risk-Adjusted Alternatives to CBTAX
CBTAX has a PortfoliosLab risk / return rank of 87. There are 88 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 Municipal Bond Portfolio | 100 | — | Aug 2002 | CBTAX vs DFSMX | |
| DFA Short-Term Selective State Municipal Bond Port... | 100 | — | Apr 2022 | CBTAX vs DFABX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | CBTAX vs ATOIX | |
| Federated Hermes Conservative Municipal Microshort... | 99 | — | Feb 2021 | CBTAX vs FHMIX | |
| DFA California Short Term Municipal Bond Portfolio | 99 | — | Apr 2007 | CBTAX vs DFCMX |
Top Performing CBTAX Alternatives (YTD)
CBTAX is at 1.88% YTD. There are 174 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 10.68%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen New York AMT Free Quality Municipal Income | 10.68% | — | Nov 2002 | CBTAX vs NRK | |
| Nuveen Municipal Income Fund, Inc. | 10.10% | — | Apr 1998 | CBTAX vs NMI | |
| BlackRock MuniYield Michigan Quality Fund | 8.97% | — | Oct 1992 | CBTAX vs MIY | |
| AllianceBernstein National Municipal Income Fund | 6.95% | — | Nov 2001 | CBTAX vs AFB | |
| BlackRock MuniHoldings California Quality Fund | 6.75% | — | Feb 1998 | CBTAX vs MUC |
Lowest Volatility Alternatives to CBTAX
CBTAX has 2.16% 1-year volatility. There are 118 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 | CBTAX vs DFSMX | |
| DFA Short-Term Selective State Municipal Bond Port... | 0.55% | — | Apr 2022 | CBTAX vs DFABX | |
| DFA California Short Term Municipal Bond Portfolio | 0.57% | — | Apr 2007 | CBTAX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.58% | — | May 2016 | CBTAX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | CBTAX vs USMTX |
Lowest Drawdown Alternatives to CBTAX
CBTAX has a 1-year max drawdown of -2.31%. There are 110 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 | CBTAX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | CBTAX vs ATOIX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | CBTAX vs FHMIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | CBTAX vs TFCYX | |
| DFA Short Term Municipal Bond Portfolio | -0.11% | — | Aug 2002 | CBTAX vs DFSMX |
Other Mutual Funds from Six Circles
The 6 most viewed Six Circles mutual funds shown here include CUSUX, CIUEX, CUSDX and span 5 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Six Circles U.S. Unconstrained Equity Fund | Large Cap Blend Equities | 46 | 8.20% | — | Jul 2018 | CBTAX vs CUSUX | |
| Six Circles International Unconstrained Equity Fun... | Foreign Large Cap Equities | 36 | 9.88% | — | Jul 2018 | CBTAX vs CIUEX | |
| Six Circles Ultra Short Duration Fund | Ultrashort Bond | 99 | 1.86% | — | Jul 2018 | CBTAX vs CUSDX | |
| Six Circles Credit Opportunities Fund | High Yield Bonds | 86 | 2.56% | — | Nov 2020 | CBTAX vs CRDOX | |
| Six Circles Managed Equity Portfolio International... | Europe Equities | 39 | 9.86% | — | Apr 2019 | CBTAX vs CMIUX | |
| Six Circles Tax Aware Ultra Short Duration Fund | Ultrashort Bond | 98 | 1.55% | — | Jul 2018 | CBTAX vs CUTAX |
Often Compared With CBTAX
Investors most often compare CBTAX with APUSX, QQQ, BMN. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare CBTAX with Any Fund or Stock
Compare CBTAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CBTAX with funds that move differently
Six Circles Tax Aware Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CBTAX.
Explore CBTAX Diversifiers