Delaware Tax-Free California Fund (DVTAX) 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 DVTAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to DVTAX
DVTAX charges 0.82% annually. There are 403 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 | DVTAX vs LSMSX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | DVTAX vs VTMFX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | DVTAX vs NMTRX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | DVTAX vs FHMIX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | DVTAX vs FSMUX |
Best Risk-Adjusted Alternatives to DVTAX
DVTAX has a PortfoliosLab risk / return rank of 53. There are 447 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 | DVTAX vs DFABX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | DVTAX vs ATOIX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | DVTAX vs DNYMX | |
| DFA California Short Term Municipal Bond Portfolio | 99 | — | Apr 2007 | DVTAX vs DFCMX | |
| DFA Short Term Municipal Bond Portfolio | 99 | — | Aug 2002 | DVTAX vs DFSMX |
Top Performing DVTAX Alternatives (YTD)
DVTAX is at 2.43% YTD. There are 48 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 9.28%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen New York AMT Free Quality Municipal Income | 9.28% | — | Nov 2002 | DVTAX vs NRK | |
| Nuveen Municipal Income Fund, Inc. | 8.28% | — | Apr 1998 | DVTAX vs NMI | |
| AllianceBernstein National Municipal Income Fund | 7.53% | — | Nov 2001 | DVTAX vs AFB | |
| Nuveen Virginia Quality Municipal Income Fund | 6.33% | — | Mar 1993 | DVTAX vs NPV | |
| BlackRock MuniYield Michigan Quality Fund | 5.87% | — | Oct 1992 | DVTAX vs MIY |
Lowest Volatility Alternatives to DVTAX
DVTAX has 3.86% 1-year volatility. There are 450 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.57%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 0.57% | — | Apr 2022 | DVTAX vs DFABX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | DVTAX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | DVTAX vs USMTX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | DVTAX vs DFCMX | |
| DFA Short Term Municipal Bond Portfolio | 0.61% | — | Aug 2002 | DVTAX vs DFSMX |
Lowest Drawdown Alternatives to DVTAX
DVTAX has a 1-year max drawdown of -3.54%. There are 447 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 | DVTAX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | DVTAX vs ATOIX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.10% | — | Dec 2017 | DVTAX vs APUSX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | DVTAX vs TFCYX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | DVTAX vs FHMIX |
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 | 98 | 134.87% | — | Jun 1996 | DVTAX vs DEMIX | |
| Delaware Growth and Income Fund | Large Cap Value Equities | 96 | 18.31% | — | Oct 1993 | DVTAX vs FGINX | |
| Delaware Ivy Mid Cap Growth Fund | Mid Cap Growth Equities | 5 | 3.55% | — | Jun 2000 | DVTAX vs WMGAX | |
| Delaware Ivy Large Cap Growth Fund | Large Cap Growth Equities | 6 | -1.32% | — | Jun 2000 | DVTAX vs WLGAX | |
| Delaware Small Cap Value Fund | Small Cap Value Equities | 61 | 19.44% | — | Jun 1987 | DVTAX vs DEVLX | |
| Delaware Small Cap Core Fund | Small Cap Blend Equities | 50 | 17.43% | — | Dec 1998 | DVTAX vs DCCIX | |
| Optimum Large Cap Growth Fund | Large Cap Growth Equities | 25 | 6.27% | — | Aug 2003 | DVTAX vs OILGX | |
| Delaware Tax Free USA Fund | Municipal Bonds | 44 | 2.51% | — | Jan 1984 | DVTAX vs DMTFX | |
| Delaware Value Fund | Large Cap Value Equities | 35 | 6.68% | — | Sep 1998 | DVTAX vs DDVIX | |
| Delaware National High-Yield Municipal Bond Fund | High Yield Muni | 28 | 2.29% | — | Sep 1986 | DVTAX vs CXHYX |
Often Compared With DVTAX
Investors most often compare DVTAX with FIUSX, MUJ, FXIEX. These 4 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Delaware Opportunity Fund | Mid Cap Value Equities | 85 | 18.90% | — | Aug 1992 | DVTAX vs FIUSX | |
| BlackRock MuniHoldings New Jersey Quality Fund | Municipal Bonds | 57 | 5.53% | — | Mar 1998 | DVTAX vs MUJ | |
| PIMCO Fixed Income SHares: Series TE | Municipal Bonds | 79 | 1.92% | — | Jun 2012 | DVTAX vs FXIEX | |
| Strategic Advisers Tax-Sensitive Short Duration Fu... | Municipal Bonds | 97 | 0.77% | — | Dec 2017 | DVTAX vs FGNSX |
Compare DVTAX with Any Fund or Stock
Compare DVTAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair DVTAX with funds that move differently
Delaware Tax-Free California Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DVTAX.
Explore DVTAX Diversifiers