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 421 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 59. There are 242 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 | DEFFX vs DFSMX | |
| abrdn Ultra Short Municipal Income Fund | 100 | — | Dec 2002 | DEFFX vs ATOIX | |
| DFA Short-Term Selective State Municipal Bond Port... | 99 | — | Apr 2022 | DEFFX vs DFABX | |
| Federated Hermes Conservative Municipal Microshort... | 99 | — | Feb 2021 | DEFFX vs FHMIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | 99 | — | Apr 2016 | DEFFX vs TFCYX |
Top Performing DEFFX Alternatives (YTD)
DEFFX is at 0.20% YTD. There are 297 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 10.42%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 10.42% | — | Apr 1998 | DEFFX vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 7.26% | — | Nov 2002 | DEFFX vs NRK | |
| BlackRock MuniYield Michigan Quality Fund | 6.51% | — | Oct 1992 | DEFFX vs MIY | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 5.51% | 12.30B | Sep 1994 | DEFFX vs VTMFX | |
| AllianceBernstein National Municipal Income Fund | 5.23% | — | Nov 2001 | DEFFX vs AFB |
Lowest Volatility Alternatives to DEFFX
DEFFX has 3.55% 1-year volatility. There are 435 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.53%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short Term Municipal Bond Portfolio | 0.53% | — | Aug 2002 | DEFFX vs DFSMX | |
| DFA Short-Term Selective State Municipal Bond Port... | 0.57% | — | Apr 2022 | DEFFX vs DFABX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | DEFFX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.64% | — | May 2016 | DEFFX vs USMTX | |
| JPMorgan Ultra-Short Municipal Fund | 0.64% | — | May 2016 | DEFFX vs USMSX |
Lowest Drawdown Alternatives to DEFFX
DEFFX has a 1-year max drawdown of -3.62%. There are 450 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 | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | DEFFX vs ATOIX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | DEFFX vs FHMIX | |
| DFA Short-Term Selective State Municipal Bond Port... | -0.11% | — | Apr 2022 | DEFFX vs DFABX |
Other Mutual Funds from Delaware Funds
The 10 most viewed Delaware Funds mutual funds shown here include DEMIX, FGINX, WMGAX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Delaware Emerging Markets Fund | Emerging Markets Equities | 94 | 79.82% | — | Jun 1996 | DEFFX vs DEMIX | |
| Delaware Growth and Income Fund | Large Cap Value Equities | 98 | 24.22% | — | Oct 1993 | DEFFX vs FGINX | |
| Delaware Ivy Mid Cap Growth Fund | Mid Cap Growth Equities | 3 | 2.15% | — | Jun 2000 | DEFFX vs WMGAX | |
| Delaware Ivy Large Cap Growth Fund | Large Cap Growth Equities | 10 | 3.04% | — | Jun 2000 | DEFFX vs WLGAX | |
| Delaware Small Cap Value Fund | Small Cap Value Equities | 85 | 21.78% | — | Jun 1987 | DEFFX vs DEVLX | |
| Delaware Small Cap Core Fund | Small Cap Blend Equities | 76 | 19.86% | — | Dec 1998 | DEFFX vs DCCIX | |
| Optimum Large Cap Growth Fund | Large Cap Growth Equities | 22 | 5.23% | — | Aug 2003 | DEFFX vs OILGX | |
| Delaware Floating Rate Fund | Bank Loan | 94 | 2.18% | — | Feb 2010 | DEFFX vs DDFLX | |
| Delaware Tax Free USA Fund | Municipal Bonds | 54 | 0.73% | — | Jan 1984 | DEFFX vs DMTFX | |
| Delaware National High-Yield Municipal Bond Fund | High Yield Muni | 42 | 0.64% | — | Sep 1986 | DEFFX vs CXHYX |
Often Compared With DEFFX
Investors most often compare DEFFX with DVMHX, IPOAX, IVINX. These 20 comparison targets span 9 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