ETGAX Alternatives & Similar Mutual Funds

Eaton Vance Georgia Municipal Income Fund (ETGAX) 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 ETGAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to ETGAX

ETGAX charges 0.65% annually. There are 259 mutual funds in the Municipal Bonds category with lower expense ratios, going as low as 0.01%.

Symbol	Name	Expense Ratio	AUM	Inception
LSMSX	Western Asset SMASh Series TF Fund	0.01%	—	Dec 2015	ETGAX vs LSMSX
VTMFX	Vanguard Tax-Managed Balanced Fund Admiral Shares	0.05%	12.30B	Sep 1994	ETGAX vs VTMFX
FHMIX	Federated Hermes Conservative Municipal Microshort...	0.05%	—	Feb 2021	ETGAX vs FHMIX
NMTRX	Nuveen Municipal Total Return Managed Accounts	0.05%	—	May 2007	ETGAX vs NMTRX
FSMUX	Strategic Advisers Municipal Bond Fund	0.06%	—	Jun 2021	ETGAX vs FSMUX

Best Risk-Adjusted Alternatives to ETGAX

ETGAX has a PortfoliosLab risk / return rank of 66. There are 169 mutual funds in the Municipal Bonds category with higher risk-adjusted ranks, going as high as 100.

Symbol	Name	Risk / Return Rank	AUM	Inception
DFSMX	DFA Short Term Municipal Bond Portfolio	100	—	Aug 2002	ETGAX vs DFSMX
ATOIX	abrdn Ultra Short Municipal Income Fund	100	—	Dec 2002	ETGAX vs ATOIX
DFABX	DFA Short-Term Selective State Municipal Bond Port...	99	—	Apr 2022	ETGAX vs DFABX
FHMIX	Federated Hermes Conservative Municipal Microshort...	99	—	Feb 2021	ETGAX vs FHMIX
TFCYX	SEI Institutional Managed Trust Tax-Free Conservat...	99	—	Apr 2016	ETGAX vs TFCYX

Top Performing ETGAX Alternatives (YTD)

ETGAX is at 0.42% YTD. There are 215 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 10.42%.

Symbol	Name	YTD Return	AUM	Inception
NMI	Nuveen Municipal Income Fund, Inc.	10.42%	—	Apr 1998	ETGAX vs NMI
NRK	Nuveen New York AMT Free Quality Municipal Income	7.26%	—	Nov 2002	ETGAX vs NRK
MIY	BlackRock MuniYield Michigan Quality Fund	6.51%	—	Oct 1992	ETGAX vs MIY
VTMFX	Vanguard Tax-Managed Balanced Fund Admiral Shares	5.51%	12.30B	Sep 1994	ETGAX vs VTMFX
AFB	AllianceBernstein National Municipal Income Fund	5.23%	—	Nov 2001	ETGAX vs AFB

Lowest Volatility Alternatives to ETGAX

ETGAX has 2.90% 1-year volatility. There are 303 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.53%.

Symbol	Name	Volatility 1Y	AUM	Inception
DFSMX	DFA Short Term Municipal Bond Portfolio	0.53%	—	Aug 2002	ETGAX vs DFSMX
DFABX	DFA Short-Term Selective State Municipal Bond Port...	0.57%	—	Apr 2022	ETGAX vs DFABX
DFCMX	DFA California Short Term Municipal Bond Portfolio	0.59%	—	Apr 2007	ETGAX vs DFCMX
USMTX	JPMorgan Ultra-Short Municipal Fund	0.64%	—	May 2016	ETGAX vs USMTX
USMSX	JPMorgan Ultra-Short Municipal Fund	0.64%	—	May 2016	ETGAX vs USMSX

Lowest Drawdown Alternatives to ETGAX

ETGAX has a 1-year max drawdown of -2.79%. There are 239 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
BATVX	BlackRock Allocation Target Shares	0.00%	—	May 2021	ETGAX vs BATVX
TFCYX	SEI Institutional Managed Trust Tax-Free Conservat...	-0.10%	—	Apr 2016	ETGAX vs TFCYX
ATOIX	abrdn Ultra Short Municipal Income Fund	-0.10%	—	Dec 2002	ETGAX vs ATOIX
FHMIX	Federated Hermes Conservative Municipal Microshort...	-0.10%	—	Feb 2021	ETGAX vs FHMIX
DFABX	DFA Short-Term Selective State Municipal Bond Port...	-0.11%	—	Apr 2022	ETGAX 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.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ETG	Eaton Vance Tax Advantaged Global Dividend Income ...	Global Equities	52	8.82%	—	Jan 2004	ETGAX vs ETG
EGRIX	Eaton Vance Global Macro Absolute Return Advantage...	Nontraditional Bonds	98	8.90%	—	Aug 2010	ETGAX vs EGRIX
EXG	Eaton Vance Tax-Managed Global Diversified Equity ...	Dividend, Global Equity Income	61	9.38%	—	Feb 2007	ETGAX vs EXG
ESIIX	Eaton Vance Strategic Income Fund Class I	Multisector Bonds	91	2.63%	—	Apr 2009	ETGAX vs ESIIX
ETY	Eaton Vance Tax Managed Diversified Equity Income ...	Derivative Income, Dividend, Large Cap Growth Equities	5	0.19%	—	Nov 2006	ETGAX vs ETY
EIAMX	Eaton Vance Multi-Asset Credit Fund	High Yield Bonds	84	1.59%	—	Oct 2011	ETGAX vs EIAMX
EELDX	Eaton Vance Emerging Markets Debt Opportunities Fu...	Emerging Markets Bonds	98	8.95%	—	Feb 2013	ETGAX vs EELDX
EIMAX	Eaton Vance Massachusetts Municipal Income Fund	Municipal Bonds	60	0.25%	—	Jun 1993	ETGAX vs EIMAX
EIRAX	Eaton Vance Richard Bernstein All Asset Strategy F...	Tactical Allocation	53	7.56%	—	Sep 2011	ETGAX vs EIRAX
EIGMX	Eaton Vance Global Macro Absolute Return Fund	Nontraditional Bonds	99	5.53%	—	Jun 2007	ETGAX vs EIGMX

Often Compared With ETGAX

Investors most often compare ETGAX with ABHYX, VTI, EHSTX. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ABHYX	American Century High-Yield Municipal Fund	High Yield Muni	69	1.10%	572.53M	Mar 1998	ETGAX vs ABHYX
VTI	Vanguard Total Stock Market ETF	Large Cap Blend Equities	72	14.27%	2.30T	May 2001	ETGAX vs VTI
EHSTX	Eaton Vance Large-Cap Value Fund	Large Cap Value Equities	92	18.83%	—	Sep 1931	ETGAX vs EHSTX
APUSX	Cavanal Hill Ultra Short Tax-Free Income Fund	Municipal Bonds	18	0.90%	—	Dec 2017	ETGAX vs APUSX
EEIAX	Eaton Vance Emerging Markets Local Income Fund	Emerging Markets Bonds	72	5.28%	—	Jun 2007	ETGAX vs EEIAX
FGNSX	Strategic Advisers Tax-Sensitive Short Duration Fu...	Municipal Bonds	95	0.82%	—	Dec 2017	ETGAX vs FGNSX
DCARX	DFA California Municipal Real Return Portfolio	Municipal Bonds	88	1.76%	—	Oct 2017	ETGAX vs DCARX
MUC	BlackRock MuniHoldings California Quality Fund	Municipal Bonds	45	4.60%	—	Feb 1998	ETGAX vs MUC
DMREX	DFA Municipal Real Return Portfolio	Municipal Bonds	91	1.98%	—	Nov 2014	ETGAX vs DMREX
EISMX	Eaton Vance Atlanta Capital SMID-Cap Fund	Mid Cap Growth Equities	6	6.27%	—	Apr 2002	ETGAX vs EISMX
NPV	Nuveen Virginia Quality Municipal Income Fund	Municipal Bonds	21	2.02%	—	Mar 1993	ETGAX vs NPV
MQY	BlackRock MuniYield Quality Fund	Municipal Bonds	22	3.23%	—	Jul 1992	ETGAX vs MQY
DNYMX	DFA NY Municipal Bond Portfolio	Municipal Bonds	99	1.21%	—	Jun 2015	ETGAX vs DNYMX
FXIEX	PIMCO Fixed Income SHares: Series TE	Municipal Bonds	79	0.76%	—	Jun 2012	ETGAX vs FXIEX
MUJ	BlackRock MuniHoldings New Jersey Quality Fund	Municipal Bonds	63	4.35%	—	Mar 1998	ETGAX vs MUJ
AAPL	Apple Inc		90	14.01%	—	—	ETGAX vs AAPL
HSBC	HSBC Holdings plc		96	39.35%	—	—	ETGAX vs HSBC
RBGLY	Reckitt Benckiser Group plc		38	-10.45%	—	—	ETGAX vs RBGLY
ABEV	Ambev S.A.		85	23.43%	—	—	ETGAX vs ABEV
CLS	Celestica Inc.		77	25.55%	—	—	ETGAX vs CLS

Compare ETGAX with Any Fund or Stock

Compare ETGAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair ETGAX with funds that move differently

Eaton Vance Georgia Municipal Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ETGAX.

Explore ETGAX Diversifiers

Eaton Vance Georgia Municipal Income Fund (ETGAX) Alternatives