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 | |
| 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 | |
| PIMCO Fixed Income SHares: Series TE | 0.07% | — | Jun 2012 | CBTAX vs FXIEX |
Best Risk-Adjusted Alternatives to CBTAX
CBTAX has a PortfoliosLab risk / return rank of 81. There are 48 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 | CBTAX vs DFABX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | CBTAX vs DNYMX | |
| DFA California Short Term Municipal Bond Portfolio | 99 | — | Apr 2007 | CBTAX vs DFCMX | |
| DFA Short Term Municipal Bond Portfolio | 99 | — | Aug 2002 | CBTAX vs DFSMX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | CBTAX vs ATOIX |
Top Performing CBTAX Alternatives (YTD)
CBTAX is at 1.69% YTD. There are 188 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 11.65%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 11.65% | — | Apr 1998 | CBTAX vs NMI | |
| Nuveen Virginia Quality Municipal Income Fund | 6.88% | — | Mar 1993 | CBTAX vs NPV | |
| Nuveen New York AMT Free Quality Municipal Income | 6.87% | — | Nov 2002 | CBTAX vs NRK | |
| AllianceBernstein National Municipal Income Fund | 6.20% | — | Nov 2001 | CBTAX vs AFB | |
| BlackRock MuniYield Michigan Quality Fund | 5.14% | — | Oct 1992 | CBTAX vs MIY |
Lowest Volatility Alternatives to CBTAX
CBTAX has 2.21% 1-year volatility. There are 128 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 | CBTAX vs DFABX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | CBTAX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | CBTAX vs USMTX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | CBTAX vs DFCMX | |
| DFA Short Term Municipal Bond Portfolio | 0.61% | — | Aug 2002 | CBTAX vs DFSMX |
Lowest Drawdown Alternatives to CBTAX
CBTAX has a 1-year max drawdown of -2.31%. There are 111 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 | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | CBTAX vs FHMIX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.10% | — | Dec 2017 | CBTAX vs APUSX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | CBTAX vs ATOIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | CBTAX vs TFCYX |
Other Mutual Funds from Six Circles
The 6 most viewed Six Circles mutual funds shown here include CUSUX, CIUEX, CMIUX 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 | 58 | 9.20% | — | Jul 2018 | CBTAX vs CUSUX | |
| Six Circles International Unconstrained Equity Fun... | Foreign Large Cap Equities | 22 | 8.59% | — | Jul 2018 | CBTAX vs CIUEX | |
| Six Circles Managed Equity Portfolio International... | Europe Equities | 24 | 8.79% | — | Apr 2019 | CBTAX vs CMIUX | |
| Six Circles Ultra Short Duration Fund | Ultrashort Bond | 99 | 1.42% | — | Jul 2018 | CBTAX vs CUSDX | |
| Six Circles Tax Aware Ultra Short Duration Fund | Ultrashort Bond | 98 | 1.44% | — | Jul 2018 | CBTAX vs CUTAX | |
| Six Circles Credit Opportunities Fund | High Yield Bonds | 83 | 2.03% | — | Nov 2020 | CBTAX vs CRDOX |
Often Compared With CBTAX
Investors most often compare CBTAX with QQQ, BMN, FMBIX. These 20 comparison targets span 9 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