Fidelity Advisor Municipal Income Fund Class I (FROGX) 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 FROGX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FROGX
FROGX charges 0.53% annually. There are 172 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 | FROGX vs LSMSX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | FROGX vs VTMFX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | FROGX vs NMTRX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | FROGX vs FHMIX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | FROGX vs FSMUX |
Best Risk-Adjusted Alternatives to FROGX
FROGX has a PortfoliosLab risk / return rank of 73. There are 322 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 Municipal Bond Portfolio | 100 | — | Aug 2002 | FROGX vs DFSMX | |
| DFA Short-Term Selective State Municipal Bond Port... | 100 | — | Apr 2022 | FROGX vs DFABX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | FROGX vs ATOIX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | FROGX vs DNYMX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | 99 | — | Apr 2016 | FROGX vs TFCYX |
Top Performing FROGX Alternatives (YTD)
FROGX is at 2.09% YTD. There are 251 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 13.08%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 13.08% | — | Apr 1998 | FROGX vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 10.83% | — | Nov 2002 | FROGX vs NRK | |
| AllianceBernstein National Municipal Income Fund | 9.24% | — | Nov 2001 | FROGX vs AFB | |
| Nuveen Virginia Quality Municipal Income Fund | 7.64% | — | Mar 1993 | FROGX vs NPV | |
| BlackRock MuniHoldings California Quality Fund | 7.01% | — | Feb 1998 | FROGX vs MUC |
Lowest Volatility Alternatives to FROGX
FROGX has 2.75% 1-year volatility. There are 260 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 | FROGX vs DFABX | |
| DFA California Short Term Municipal Bond Portfolio | 0.57% | — | Apr 2007 | FROGX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | FROGX vs USMSX | |
| DFA Short Term Municipal Bond Portfolio | 0.60% | — | Aug 2002 | FROGX vs DFSMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.60% | — | May 2016 | FROGX vs USMTX |
Lowest Drawdown Alternatives to FROGX
FROGX has a 1-year max drawdown of -3.19%. There are 398 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 | FROGX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | FROGX vs ATOIX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | FROGX vs FHMIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | FROGX vs TFCYX | |
| DFA Short Term Municipal Bond Portfolio | -0.11% | — | Aug 2002 | FROGX vs DFSMX |
Other Mutual Funds from Fidelity
The 10 most viewed Fidelity mutual funds shown here include FXAIX, FSELX, FZROX and span 6 categories. AUM among these funds goes as high as $176B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity 500 Index Fund | S&P 500 | 60 | 10.20% | — | Feb 1988 | FROGX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 94 | 80.55% | — | Jul 1985 | FROGX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 62 | 11.04% | — | — | FROGX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 61 | 11.11% | — | — | FROGX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 18 | 5.32% | — | — | FROGX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 63 | 17.40% | — | Dec 1987 | FROGX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 34 | 10.48% | 176.32B | May 1967 | FROGX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 56 | 10.04% | — | — | FROGX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 33 | 10.08% | — | Nov 1997 | FROGX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 56 | 14.09% | — | Jun 2016 | FROGX vs FTIHX |
Often Compared With FROGX
Investors most often compare FROGX with APUSX, MUJ, MIY. These 5 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Cavanal Hill Ultra Short Tax-Free Income Fund | Municipal Bonds | 0 | -9.63% | — | Dec 2017 | FROGX vs APUSX | |
| BlackRock MuniHoldings New Jersey Quality Fund | Municipal Bonds | 62 | 6.22% | — | Mar 1998 | FROGX vs MUJ | |
| BlackRock MuniYield Michigan Quality Fund | Municipal Bonds | 33 | 6.66% | — | Oct 1992 | FROGX vs MIY | |
| Strategic Advisers Tax-Sensitive Short Duration Fu... | Municipal Bonds | 98 | 1.02% | — | Dec 2017 | FROGX vs FGNSX | |
| PIMCO Fixed Income SHares: Series TE | Municipal Bonds | 85 | 2.63% | — | Jun 2012 | FROGX vs FXIEX |
Compare FROGX with Any Fund or Stock
Compare FROGX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FROGX with funds that move differently
Fidelity Advisor Municipal Income Fund Class I alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FROGX.
Explore FROGX Diversifiers