Eaton Vance Arizona Municipal Income Fund (ETAZX) 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 ETAZX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ETAZX
ETAZX charges 0.69% annually. There are 285 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 | ETAZX vs LSMSX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | ETAZX vs NMTRX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | ETAZX vs FHMIX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | ETAZX vs FSMUX | |
| Strategic Advisers Tax-Sensitive Short Duration Fu... | 0.07% | — | Dec 2017 | ETAZX vs FGNSX |
Best Risk-Adjusted Alternatives to ETAZX
ETAZX has a PortfoliosLab risk / return rank of 70. There are 150 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 | ETAZX vs DFABX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | ETAZX vs DNYMX | |
| DFA California Short Term Municipal Bond Portfolio | 99 | — | Apr 2007 | ETAZX vs DFCMX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | ETAZX vs ATOIX | |
| DFA Short Term Municipal Bond Portfolio | 99 | — | Aug 2002 | ETAZX vs DFSMX |
Top Performing ETAZX Alternatives (YTD)
ETAZX is at 1.72% YTD. There are 110 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 10.27%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 10.27% | — | Apr 1998 | ETAZX vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 8.40% | — | Nov 2002 | ETAZX vs NRK | |
| Nuveen Virginia Quality Municipal Income Fund | 7.07% | — | Mar 1993 | ETAZX vs NPV | |
| AllianceBernstein National Municipal Income Fund | 6.29% | — | Nov 2001 | ETAZX vs AFB | |
| BlackRock MuniYield Michigan Quality Fund | 5.83% | — | Oct 1992 | ETAZX vs MIY |
Lowest Volatility Alternatives to ETAZX
ETAZX has 3.01% 1-year volatility. There are 332 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 | ETAZX vs DFABX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | ETAZX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | ETAZX vs USMTX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | ETAZX vs DFCMX | |
| DFA Short Term Municipal Bond Portfolio | 0.61% | — | Aug 2002 | ETAZX vs DFSMX |
Lowest Drawdown Alternatives to ETAZX
ETAZX has a 1-year max drawdown of -3.16%. There are 397 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 | ETAZX vs BATVX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | ETAZX vs TFCYX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | ETAZX vs ATOIX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.10% | — | Dec 2017 | ETAZX vs APUSX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | ETAZX vs FHMIX |
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 ETAZX
Investors most often compare ETAZX with NQP, EEIAX, FMBIX. These 6 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Nuveen Pennsylvania Quality Municipal Income | Municipal Bonds | — | — | — | Feb 1991 | ETAZX vs NQP | |
| Eaton Vance Emerging Markets Local Income Fund | Emerging Markets Bonds | 57 | 4.01% | — | Jun 2007 | ETAZX vs EEIAX | |
| Fidelity Municipal Bond Index Fund | Municipal Bonds | — | — | 0.00 | Jul 2019 | ETAZX vs FMBIX | |
| BlackRock MuniHoldings New Jersey Quality Fund | Municipal Bonds | 46 | 5.16% | — | Mar 1998 | ETAZX vs MUJ | |
| Eaton Vance Atlanta Capital SMID-Cap Fund | Mid Cap Growth Equities | 2 | -1.57% | — | Apr 2002 | ETAZX vs EISMX | |
| PIMCO Fixed Income SHares: Series TE | Municipal Bonds | 47 | 1.61% | — | Jun 2012 | ETAZX vs FXIEX |
Compare ETAZX with Any Fund or Stock
Compare ETAZX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ETAZX with funds that move differently
Eaton Vance Arizona Municipal Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ETAZX.
Explore ETAZX Diversifiers