Delaware Tax-Free Minnesota Fund (DEFFX) 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 DEFFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to DEFFX
DEFFX charges 0.85% annually. There are 419 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 | DEFFX vs LSMSX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | DEFFX vs VTMFX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | DEFFX vs FHMIX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | DEFFX vs NMTRX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | DEFFX vs FSMUX |
Best Risk-Adjusted Alternatives to DEFFX
DEFFX has a PortfoliosLab risk / return rank of 68. There are 297 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 | DEFFX vs DFABX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | DEFFX vs ATOIX | |
| DFA California Short Term Municipal Bond Portfolio | 99 | — | Apr 2007 | DEFFX vs DFCMX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | DEFFX vs DNYMX | |
| DFA Short Term Municipal Bond Portfolio | 99 | — | Aug 2002 | DEFFX vs DFSMX |
Top Performing DEFFX Alternatives (YTD)
DEFFX is at 2.18% YTD. There are 78 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 13.22%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 13.22% | — | Apr 1998 | DEFFX vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 9.70% | — | Nov 2002 | DEFFX vs NRK | |
| AllianceBernstein National Municipal Income Fund | 7.62% | — | Nov 2001 | DEFFX vs AFB | |
| BlackRock MuniYield Michigan Quality Fund | 6.57% | — | Oct 1992 | DEFFX vs MIY | |
| Nuveen Virginia Quality Municipal Income Fund | 6.33% | — | Mar 1993 | DEFFX vs NPV |
Lowest Volatility Alternatives to DEFFX
DEFFX has 3.50% 1-year volatility. There are 432 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 | DEFFX vs DFABX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | DEFFX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | DEFFX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.60% | — | May 2016 | DEFFX vs USMTX | |
| DFA Short Term Municipal Bond Portfolio | 0.61% | — | Aug 2002 | DEFFX vs DFSMX |
Lowest Drawdown Alternatives to DEFFX
DEFFX has a 1-year max drawdown of -3.62%. There are 452 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 | DEFFX vs BATVX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | DEFFX vs TFCYX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | DEFFX vs FHMIX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | DEFFX vs ATOIX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.10% | — | Dec 2017 | DEFFX vs APUSX |
Other Mutual Funds from Delaware Funds by Macquarie
The 8 most viewed Delaware Funds by Macquarie mutual funds shown here include DDFLX, DLHIX, IPOAX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Delaware Floating Rate Fund | Bank Loan | 95 | 1.63% | — | Feb 2010 | DEFFX vs DDFLX | |
| Delaware Healthcare Fund | Health & Biotech Equities | 39 | -0.04% | — | Sep 2007 | DEFFX vs DLHIX | |
| Delaware Ivy Systematic Emerging Markets Equity Fu... | Emerging Markets Diversified | 73 | 28.64% | — | Oct 1993 | DEFFX vs IPOAX | |
| Delaware Ivy Balanced Fund | Diversified Portfolio | 39 | 6.36% | — | Nov 1987 | DEFFX vs IBNAX | |
| Delaware Minnesota High-Yield Municipal Bond Fund | Municipal Bonds | 71 | 2.71% | — | Jun 1996 | DEFFX vs DVMHX | |
| Delaware Strategic Income Fund | Multisector Bonds | 72 | 0.79% | — | Aug 1985 | DEFFX vs DEGGX | |
| Delaware Ivy Global Growth Fund | Global Equities | 29 | 9.37% | — | Apr 1986 | DEFFX vs IVINX | |
| Delaware Extended Duration Bond Fund | Long-Term Bond | 12 | 0.93% | — | Sep 1998 | DEFFX vs DEEIX |
Often Compared With DEFFX
Investors most often compare DEFFX with MUC, FGNSX, DMREX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare DEFFX with Any Fund or Stock
Compare DEFFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair DEFFX with funds that move differently
Delaware Tax-Free Minnesota Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DEFFX.
Explore DEFFX Diversifiers