Parametric TABS 1-to-10 Year Laddered Municipal Bond Fund (EILBX) 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 EILBX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to EILBX
EILBX charges 0.40% annually. There are 75 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 | EILBX vs LSMSX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | EILBX vs FHMIX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | EILBX vs NMTRX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | EILBX vs VTMFX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | EILBX vs FSMUX |
Best Risk-Adjusted Alternatives to EILBX
EILBX has a PortfoliosLab risk / return rank of 63. There are 375 mutual funds in the Municipal Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Ultra Short Municipal Income Fund | 100 | — | Dec 2002 | EILBX vs ATOIX | |
| DFA Short Term Municipal Bond Portfolio | 100 | — | Aug 2002 | EILBX vs DFSMX | |
| DFA Short-Term Selective State Municipal Bond Port... | 100 | — | Apr 2022 | EILBX vs DFABX | |
| Federated Hermes Conservative Municipal Microshort... | 99 | — | Feb 2021 | EILBX vs FHMIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | 99 | — | Apr 2016 | EILBX vs TFCYX |
Top Performing EILBX Alternatives (YTD)
EILBX is at 0.22% YTD. There are 309 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 11.94%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 11.94% | — | Apr 1998 | EILBX vs NMI | |
| BlackRock MuniYield Michigan Quality Fund | 7.21% | — | Oct 1992 | EILBX vs MIY | |
| Nuveen New York AMT Free Quality Municipal Income | 7.15% | — | Nov 2002 | EILBX vs NRK | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 4.40% | 12.30B | Sep 1994 | EILBX vs VTMFX | |
| AllianceBernstein National Municipal Income Fund | 3.80% | — | Nov 2001 | EILBX vs AFB |
Lowest Volatility Alternatives to EILBX
EILBX has 2.06% 1-year volatility. There are 91 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.54%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short Term Municipal Bond Portfolio | 0.54% | — | Aug 2002 | EILBX vs DFSMX | |
| DFA Short-Term Selective State Municipal Bond Port... | 0.56% | — | Apr 2022 | EILBX vs DFABX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | EILBX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.63% | — | May 2016 | EILBX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.65% | — | May 2016 | EILBX vs USMTX |
Lowest Drawdown Alternatives to EILBX
EILBX has a 1-year max drawdown of -2.35%. There are 119 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 | EILBX vs BATVX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | EILBX vs TFCYX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | EILBX vs ATOIX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | EILBX vs FHMIX | |
| DFA Short-Term Selective State Municipal Bond Port... | -0.11% | — | Apr 2022 | EILBX vs DFABX |
Other Mutual Funds from Eaton Vance
The 10 most viewed Eaton Vance mutual funds shown here include ETG, EGRIX, EXG and span 11 categories.
Often Compared With EILBX
Investors most often compare EILBX with EEIAX, APUSX, FXIEX. These 9 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Eaton Vance Emerging Markets Local Income Fund | Emerging Markets Bonds | 78 | 4.98% | — | Jun 2007 | EILBX vs EEIAX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | Municipal Bonds | 23 | 0.90% | — | Dec 2017 | EILBX vs APUSX | |
| PIMCO Fixed Income SHares: Series TE | Municipal Bonds | 90 | 0.97% | — | Jun 2012 | EILBX vs FXIEX | |
| Eaton Vance Large-Cap Value Fund | Large Cap Value Equities | 87 | 17.25% | — | Sep 1931 | EILBX vs EHSTX | |
| DFA NY Municipal Bond Portfolio | Municipal Bonds | 99 | 1.21% | — | Jun 2015 | EILBX vs DNYMX | |
| BlackRock MuniYield Pennsylvania Quality Fund | Municipal Bonds | 30 | 1.31% | — | Nov 1992 | EILBX vs MPA | |
| Nuveen Virginia Quality Municipal Income Fund | Municipal Bonds | 22 | 1.46% | — | Mar 1993 | EILBX vs NPV | |
| BlackRock MuniHoldings New Jersey Quality Fund | Municipal Bonds | 67 | 3.74% | — | Mar 1998 | EILBX vs MUJ | |
| BlackRock MuniHoldings California Quality Fund | Municipal Bonds | 56 | 3.33% | — | Feb 1998 | EILBX vs MUC |
Compare EILBX with Any Fund or Stock
Compare EILBX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair EILBX with funds that move differently
Parametric TABS 1-to-10 Year Laddered Municipal Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EILBX.
Explore EILBX Diversifiers