Delaware Tax-Free New York Fund (FTNYX) 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 FTNYX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FTNYX
FTNYX charges 0.80% annually. There are 390 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 | FTNYX vs LSMSX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | FTNYX vs VTMFX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | FTNYX vs FHMIX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | FTNYX vs NMTRX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | FTNYX vs FSMUX |
Best Risk-Adjusted Alternatives to FTNYX
FTNYX has a PortfoliosLab risk / return rank of 60. There are 422 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 | FTNYX vs DFABX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | FTNYX vs ATOIX | |
| DFA California Short Term Municipal Bond Portfolio | 99 | — | Apr 2007 | FTNYX vs DFCMX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | FTNYX vs DNYMX | |
| DFA Short Term Municipal Bond Portfolio | 99 | — | Aug 2002 | FTNYX vs DFSMX |
Top Performing FTNYX Alternatives (YTD)
FTNYX is at 2.79% YTD. There are 22 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 13.22%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 13.22% | — | Apr 1998 | FTNYX vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 9.70% | — | Nov 2002 | FTNYX vs NRK | |
| AllianceBernstein National Municipal Income Fund | 7.62% | — | Nov 2001 | FTNYX vs AFB | |
| BlackRock MuniYield Michigan Quality Fund | 6.57% | — | Oct 1992 | FTNYX vs MIY | |
| Nuveen Virginia Quality Municipal Income Fund | 6.33% | — | Mar 1993 | FTNYX vs NPV |
Lowest Volatility Alternatives to FTNYX
FTNYX has 3.82% 1-year volatility. There are 448 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 | FTNYX vs DFABX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | FTNYX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | FTNYX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.60% | — | May 2016 | FTNYX vs USMTX | |
| DFA Short Term Municipal Bond Portfolio | 0.61% | — | Aug 2002 | FTNYX vs DFSMX |
Lowest Drawdown Alternatives to FTNYX
FTNYX has a 1-year max drawdown of -3.24%. There are 408 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 | FTNYX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | FTNYX vs ATOIX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.10% | — | Dec 2017 | FTNYX vs APUSX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | FTNYX vs TFCYX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | FTNYX vs FHMIX |
Other Mutual Funds from Delaware Funds
The 10 most viewed Delaware Funds mutual funds shown here include DEMIX, FGINX, WMGAX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Delaware Emerging Markets Fund | Emerging Markets Diversified | 98 | 145.11% | — | Jun 1996 | FTNYX vs DEMIX | |
| Delaware Growth and Income Fund | Large Cap Value Equities | 96 | 18.91% | — | Oct 1993 | FTNYX vs FGINX | |
| Delaware Ivy Mid Cap Growth Fund | Mid Cap Growth Equities | 5 | 2.76% | — | Jun 2000 | FTNYX vs WMGAX | |
| Delaware Ivy Large Cap Growth Fund | Large Cap Growth Equities | 6 | -2.77% | — | Jun 2000 | FTNYX vs WLGAX | |
| Delaware Small Cap Value Fund | Small Cap Value Equities | 62 | 20.04% | — | Jun 1987 | FTNYX vs DEVLX | |
| Delaware Small Cap Core Fund | Small Cap Blend Equities | 55 | 18.71% | — | Dec 1998 | FTNYX vs DCCIX | |
| Optimum Large Cap Growth Fund | Large Cap Growth Equities | 24 | 5.18% | — | Aug 2003 | FTNYX vs OILGX | |
| Delaware Tax Free USA Fund | Municipal Bonds | 44 | 2.51% | — | Jan 1984 | FTNYX vs DMTFX | |
| Delaware Value Fund | Large Cap Value Equities | 33 | 6.26% | — | Sep 1998 | FTNYX vs DDVIX | |
| Delaware National High-Yield Municipal Bond Fund | High Yield Muni | 29 | 2.29% | — | Sep 1986 | FTNYX vs CXHYX |
Often Compared With FTNYX
Investors most often compare FTNYX with MUNY, FIUSX, FGNSX. These 6 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Vanguard New York Tax-Exempt Bond ETF | Municipal Bonds | 68 | 1.71% | — | May 2025 | FTNYX vs MUNY | |
| Delaware Opportunity Fund | Mid Cap Value Equities | 87 | 20.12% | — | Aug 1992 | FTNYX vs FIUSX | |
| Strategic Advisers Tax-Sensitive Short Duration Fu... | Municipal Bonds | 97 | 0.77% | — | Dec 2017 | FTNYX vs FGNSX | |
| PIMCO Fixed Income SHares: Series TE | Municipal Bonds | 78 | 1.81% | — | Jun 2012 | FTNYX vs FXIEX | |
| BlackRock MuniHoldings California Quality Fund | Municipal Bonds | 36 | 5.84% | — | Feb 1998 | FTNYX vs MUC | |
| BlackRock MuniHoldings New Jersey Quality Fund | Municipal Bonds | 51 | 5.45% | — | Mar 1998 | FTNYX vs MUJ |
Compare FTNYX with Any Fund or Stock
Compare FTNYX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FTNYX with funds that move differently
Delaware Tax-Free New York Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FTNYX.
Explore FTNYX Diversifiers