Fidelity New Jersey Municipal Income Fund (FNJHX) Alternatives

Fidelity New Jersey Municipal Income Fund (FNJHX) 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 FNJHX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.

Cheapest Alternatives to FNJHX

FNJHX charges 0.47% annually. Among mutual funds in the Municipal Bonds category, these options have the lowest expense ratios among FNJHX alternatives.

Symbol	Name	Expense Ratio	Inception
LSMSX	Western Asset SMASh Series TF Fund	0.01%	Dec 22, 2015	FNJHX vs LSMSX
NMTRX	Nuveen Municipal Total Return Managed Accounts	0.05%	May 30, 2007	FNJHX vs NMTRX
FHMIX	Federated Hermes Conservative Municipal Microshort...	0.05%	Feb 2, 2021	FNJHX vs FHMIX
FSMUX	Strategic Advisers Municipal Bond Fund	0.06%	Jun 24, 2021	FNJHX vs FSMUX
FMBIX	Fidelity Municipal Bond Index Fund	0.07%	Jul 11, 2019	FNJHX vs FMBIX

Best Risk-Adjusted Alternatives to FNJHX

Among mutual funds in the Municipal Bonds category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
ATOIX	abrdn Ultra Short Municipal Income Fund	100	Dec 4, 2002	FNJHX vs ATOIX
TFCYX	SEI Institutional Managed Trust Tax-Free Conservat...	99	Apr 21, 2016	FNJHX vs TFCYX
APUSX	Cavanal Hill Ultra Short Tax-Free Income Fund	99	Dec 25, 2017	FNJHX vs APUSX
FHMIX	Federated Hermes Conservative Municipal Microshort...	99	Feb 2, 2021	FNJHX vs FHMIX
USMTX	JPMorgan Ultra-Short Municipal Fund	99	May 30, 2016	FNJHX vs USMTX

Top Performing FNJHX Alternatives (YTD)

FNJHX alternatives from the Municipal Bonds category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
NMI	Nuveen Municipal Income Fund, Inc.	6.43%	Apr 20, 1998	FNJHX vs NMI
NPV	Nuveen Virginia Quality Municipal Income Fund	4.12%	Mar 18, 1993	FNJHX vs NPV
NRK	Nuveen New York AMT Free Quality Municipal Income	3.25%	Nov 21, 2002	FNJHX vs NRK
MIY	BlackRock MuniYield Michigan Quality Fund	2.55%	Oct 30, 1992	FNJHX vs MIY
NQP	Nuveen Pennsylvania Quality Municipal Income	2.31%	Feb 21, 1991	FNJHX vs NQP

Lowest Volatility Alternatives to FNJHX

FNJHX alternatives from the Municipal Bonds category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
DFSMX	DFA Short Term Municipal Bond Portfolio	0.68%	Aug 19, 2002	FNJHX vs DFSMX
USMSX	JPMorgan Ultra-Short Municipal Fund	0.69%	May 31, 2016	FNJHX vs USMSX
USMTX	JPMorgan Ultra-Short Municipal Fund	0.70%	May 30, 2016	FNJHX vs USMTX
DFABX	DFA Short-Term Selective State Municipal Bond Port...	0.71%	Apr 11, 2022	FNJHX vs DFABX
BATVX	BlackRock Allocation Target Shares	0.76%	May 20, 2021	FNJHX vs BATVX

Lowest Drawdown Alternatives to FNJHX

FNJHX alternatives from the Municipal Bonds category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
BATVX	BlackRock Allocation Target Shares	0.00%	May 20, 2021	FNJHX vs BATVX
ATOIX	abrdn Ultra Short Municipal Income Fund	-0.10%	Dec 4, 2002	FNJHX vs ATOIX
TFCYX	SEI Institutional Managed Trust Tax-Free Conservat...	-0.10%	Apr 21, 2016	FNJHX vs TFCYX
APUSX	Cavanal Hill Ultra Short Tax-Free Income Fund	-0.20%	Dec 25, 2017	FNJHX vs APUSX
FHMIX	Federated Hermes Conservative Municipal Microshort...	-0.20%	Feb 2, 2021	FNJHX vs FHMIX

Other Mutual Funds from Fidelity

Most popular Fidelity mutual funds on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
FXAIX	Fidelity 500 Index Fund	S&P 500	46	-7.05%	Feb 17, 1988	FNJHX vs FXAIX
FZROX	Fidelity ZERO Total Market Index Fund	Large Cap Blend Equities	46	-6.77%	—	FNJHX vs FZROX
FSPGX	Fidelity Large Cap Growth Index Fund	Large Cap Growth Equities	28	-13.03%	—	FNJHX vs FSPGX
FSELX	Fidelity Select Semiconductors Portfolio	Technology Equities	94	0.00%	Jul 29, 1985	FNJHX vs FSELX
FSKAX	Fidelity Total Market Index Fund	Large Cap Blend Equities	45	-6.77%	—	FNJHX vs FSKAX
FBGRX	Fidelity Blue Chip Growth Fund	Large Cap Growth Equities	54	-11.15%	Dec 31, 1987	FNJHX vs FBGRX
FNILX	Fidelity ZERO Large Cap Index Fund	Large Cap Blend Equities	45	-7.30%	—	FNJHX vs FNILX
FCNTX	Fidelity Contrafund Fund	Large Cap Growth Equities	44	-8.57%	May 17, 1967	FNJHX vs FCNTX
FSPSX	Fidelity International Index Fund	Foreign Large Cap Equities	64	-1.94%	Nov 5, 1997	FNJHX vs FSPSX
FTIHX	Fidelity Total International Index Fund	Foreign Large Cap Equities	79	-1.15%	Jun 7, 2016	FNJHX vs FTIHX

Often Compared With FNJHX

What investors most often compare with FNJHX, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
VNJTX	Vanguard New Jersey Long-Term Tax-Exempt Fund Inve...	Municipal Bonds	52	-0.65%	Feb 3, 1988	FNJHX vs VNJTX
VNJUX	Vanguard New Jersey Long-Term Tax-Exempt Fund Admi...	Municipal Bonds	53	-0.64%	May 14, 2001	FNJHX vs VNJUX
NJTFX	T. Rowe Price New Jersey Tax Free Bond Fund	Municipal Bonds	78	0.02%	Apr 29, 1991	FNJHX vs NJTFX
MANJX	BlackRock New Jersey Municipal Bond Fund	Municipal Bonds	40	-0.67%	Aug 30, 1990	FNJHX vs MANJX
HYMB	SPDR Nuveen Bloomberg Barclays High Yield Municipa...	Municipal Bonds	27	0.18%	Apr 13, 2011	FNJHX vs HYMB
VTEB	Vanguard Tax-Exempt Bond ETF	Municipal Bonds	54	-0.23%	Aug 21, 2015	FNJHX vs VTEB
FTABX	Fidelity Tax-Free Bond Fund	Municipal Bonds	56	-0.77%	Apr 10, 2001	FNJHX vs FTABX
ITOT	iShares Core S&P Total U.S. Stock Market ETF	Large Cap Growth Equities	65	-4.00%	Jan 20, 2004	FNJHX vs ITOT
SPAXX	Fidelity Government Money Market Fund	Money Market	—	0.53%	Feb 5, 1990	FNJHX vs SPAXX

Compare FNJHX with Any Fund or Stock

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

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Fidelity New Jersey Municipal Income Fund

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