Delaware National High-Yield Municipal Bond Fund (CXHYX) belongs to the High Yield Muni category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with CXHYX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CXHYX
CXHYX charges 0.85% annually. There are 37 mutual funds in the High Yield Muni category with lower expense ratios, going as low as 0.09%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard High-Yield Tax-Exempt Fund Admiral Shares | 0.09% | 17.60B | Nov 2001 | CXHYX vs VWALX | |
| BlackRock Allocation Target Shares Series E Portfo... | 0.11% | — | Aug 2014 | CXHYX vs BATEX | |
| Vanguard High-Yield Tax-Exempt Fund Investor Share... | 0.17% | 17.60B | Dec 1978 | CXHYX vs VWAHX | |
| Eaton Vance High Yield Municipal Income Fund Class... | 0.18% | — | May 2007 | CXHYX vs EWHYX | |
| American High-Income Municipal Bond Fund Class F-3 | 0.31% | — | Jan 2017 | CXHYX vs HIMFX |
Best Risk-Adjusted Alternatives to CXHYX
CXHYX has a PortfoliosLab risk / return rank of 58. There are 46 mutual funds in the High Yield Muni category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| T. Rowe Price Tax Free High Yield Fund | 96 | — | Feb 1985 | CXHYX vs PRFHX | |
| Federated Hermes Municipal High Yield Advtg Fd | 95 | — | Apr 1987 | CXHYX vs FHTFX | |
| Invesco Short Duration High Yield Municipal Fund | 95 | — | Sep 2015 | CXHYX vs ISHYX | |
| Columbia High Yield Municipal Fund | 94 | — | Mar 1984 | CXHYX vs SRHMX | |
| Allspring High Yield Municipal Bond Fund | 93 | — | Jan 2013 | CXHYX vs WHYIX |
Top Performing CXHYX Alternatives (YTD)
CXHYX is at 2.64% YTD. There are 34 mutual funds in the High Yield Muni category with higher YTD returns, going as high as 6.50%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal High Income Opportunity Fund | 6.50% | — | Nov 2003 | CXHYX vs NMZ | |
| Eaton Vance High Yield Municipal Income Fund Class... | 3.93% | — | May 2007 | CXHYX vs EWHYX | |
| Nuveen High Yield Municipal Bond Fund Class R6 | 3.83% | — | Jun 2016 | CXHYX vs NHMFX | |
| Columbia High Yield Municipal Fund | 3.80% | — | Mar 1984 | CXHYX vs SRHMX | |
| BlackRock Allocation Target Shares Series E Portfo... | 3.77% | — | Aug 2014 | CXHYX vs BATEX |
Lowest Volatility Alternatives to CXHYX
CXHYX has 4.02% 1-year volatility. There are 45 mutual funds in the High Yield Muni category with lower 1-year volatility, going as low as 2.07%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Redwood Managed Municipal Income Fund | 2.07% | — | Mar 2017 | CXHYX vs RWMIX | |
| Lord Abbett Short Duration High Income Municipal B... | 2.07% | — | Jun 2015 | CXHYX vs SDHIX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | 2.23% | — | Jan 2013 | CXHYX vs NVHIX | |
| Invesco Short Duration High Yield Municipal Fund | 2.29% | — | Sep 2015 | CXHYX vs ISHYX | |
| Counterpoint Tactical Municipal Fund | 2.58% | — | Jun 2018 | CXHYX vs TMNIX |
Lowest Drawdown Alternatives to CXHYX
CXHYX has a 1-year max drawdown of -3.16%. There are 39 mutual funds in the High Yield Muni category with shallower 1-year drawdowns, going as shallow as -1.71%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Eagle Short Duration High Yield Municipal Fu... | -1.71% | — | Feb 2024 | CXHYX vs FDUAX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | -1.79% | — | Jan 2013 | CXHYX vs NVHIX | |
| Invesco Short Duration High Yield Municipal Fund | -1.89% | — | Sep 2015 | CXHYX vs ISHYX | |
| abrdn Short Duration High Yield Municipal Fund | -1.98% | — | May 2013 | CXHYX vs AHYMX | |
| Lord Abbett Short Duration High Income Municipal B... | -2.08% | — | Jun 2015 | CXHYX vs SDHIX |
Other Mutual Funds from Delaware Funds
The 10 most viewed Delaware Funds mutual funds shown here include DEMIX, FGINX, WMGAX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Delaware Emerging Markets Fund | Emerging Markets Diversified | 94 | 85.88% | — | Jun 1996 | CXHYX vs DEMIX | |
| Delaware Growth and Income Fund | Large Cap Value Equities | 96 | 20.16% | — | Oct 1993 | CXHYX vs FGINX | |
| Delaware Ivy Mid Cap Growth Fund | Mid Cap Growth Equities | 3 | 1.14% | — | Jun 2000 | CXHYX vs WMGAX | |
| Delaware Ivy Large Cap Growth Fund | Large Cap Growth Equities | 6 | 0.55% | — | Jun 2000 | CXHYX vs WLGAX | |
| Delaware Small Cap Value Fund | Small Cap Value Equities | 55 | 19.29% | — | Jun 1987 | CXHYX vs DEVLX | |
| Delaware Small Cap Core Fund | Small Cap Blend Equities | 52 | 17.73% | — | Dec 1998 | CXHYX vs DCCIX | |
| Optimum Large Cap Growth Fund | Large Cap Growth Equities | 21 | 5.31% | — | Aug 2003 | CXHYX vs OILGX | |
| Delaware Tax Free USA Fund | Municipal Bonds | 69 | 2.74% | — | Jan 1984 | CXHYX vs DMTFX | |
| Delaware Value Fund | Large Cap Value Equities | 36 | 7.96% | — | Sep 1998 | CXHYX vs DDVIX | |
| Delaware Opportunity Fund | Mid Cap Value Equities | 86 | 20.15% | — | Aug 1992 | CXHYX vs FIUSX |
Often Compared With CXHYX
Investors most often compare CXHYX with IRSAX, DPREX, DEDIX. These 20 comparison targets span 15 categories, based on PortfoliosLab usage data.
Compare CXHYX with Any Fund or Stock
Compare CXHYX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CXHYX with funds that move differently
Delaware National High-Yield Municipal Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CXHYX.
Explore CXHYX Diversifiers