Allspring Pennsylvania Tax-Free Fund (EKVAX) 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 EKVAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to EKVAX
EKVAX charges 0.74% annually. There are 331 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 | EKVAX vs LSMSX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | EKVAX vs FHMIX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | EKVAX vs NMTRX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | EKVAX vs VTMFX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | EKVAX vs FSMUX |
Best Risk-Adjusted Alternatives to EKVAX
EKVAX has a PortfoliosLab risk / return rank of 78. There are 90 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 | EKVAX vs DFABX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | EKVAX vs ATOIX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | EKVAX vs DNYMX | |
| DFA California Short Term Municipal Bond Portfolio | 99 | — | Apr 2007 | EKVAX vs DFCMX | |
| DFA Short Term Municipal Bond Portfolio | 99 | — | Aug 2002 | EKVAX vs DFSMX |
Top Performing EKVAX Alternatives (YTD)
EKVAX is at 1.81% YTD. There are 174 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 12.91%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 12.91% | — | Apr 1998 | EKVAX vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 9.28% | — | Nov 2002 | EKVAX vs NRK | |
| AllianceBernstein National Municipal Income Fund | 7.62% | — | Nov 2001 | EKVAX vs AFB | |
| Nuveen Virginia Quality Municipal Income Fund | 6.99% | — | Mar 1993 | EKVAX vs NPV | |
| BlackRock MuniYield Michigan Quality Fund | 5.87% | — | Oct 1992 | EKVAX vs MIY |
Lowest Volatility Alternatives to EKVAX
EKVAX has 2.44% 1-year volatility. There are 189 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 | EKVAX vs DFABX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | EKVAX vs USMSX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | EKVAX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.60% | — | May 2016 | EKVAX vs USMTX | |
| DFA Short Term Municipal Bond Portfolio | 0.61% | — | Aug 2002 | EKVAX vs DFSMX |
Lowest Drawdown Alternatives to EKVAX
EKVAX has a 1-year max drawdown of -2.31%. There are 110 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 | EKVAX vs BATVX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | EKVAX vs FHMIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | EKVAX vs TFCYX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.10% | — | Dec 2017 | EKVAX vs APUSX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | EKVAX vs ATOIX |
Other Mutual Funds from Allspring Global Investments
The 10 most viewed Allspring Global Investments mutual funds shown here include EKWAX, EKBAX, WFMIX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Allspring Precious Metals Fund | Precious Metals | 17 | -8.88% | — | Jan 1998 | EKVAX vs EKWAX | |
| Allspring Diversified Capital Builder Fund | Diversified Portfolio | 93 | 34.11% | — | Jan 1998 | EKVAX vs EKBAX | |
| Allspring Special Mid Cap Value Fund Class I | Mid Cap Value Equities | 23 | 10.31% | — | — | EKVAX vs WFMIX | |
| Allspring Short-Term Bond Plus Fund | Short-Term Bond | 80 | 0.73% | — | Aug 1999 | EKVAX vs SSHIX | |
| Allspring Ultra Short-Term Income Fund | Ultrashort Bond | 98 | 1.38% | — | Aug 1999 | EKVAX vs SADIX | |
| Allspring Premier Large Company Growth Fund | Large Cap Growth Equities | 9 | 3.50% | — | Jan 1998 | EKVAX vs EKJAX | |
| Allspring Special Small Cap Value Fund | Small Cap Value Equities | 18 | 12.56% | — | May 1993 | EKVAX vs ESPAX | |
| Allspring Disciplined U.S. Core Fund | Large Cap Blend Equities | 60 | 8.91% | — | Feb 1990 | EKVAX vs EVSAX | |
| Allspring Discovery Mid Cap Growth Fund | Mid Cap Growth Equities | 11 | 7.17% | — | Feb 2000 | EKVAX vs SENAX | |
| Allspring Small Company Value Fund | Small Cap Value Equities | 50 | 18.43% | — | Jan 2002 | EKVAX vs SCVAX |
Often Compared With EKVAX
Investors most often compare EKVAX with VPAIX, SOPVX, DMREX. These 11 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare EKVAX with Any Fund or Stock
Compare EKVAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair EKVAX with funds that move differently
Allspring Pennsylvania Tax-Free Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EKVAX.
Explore EKVAX Diversifiers