Hartford Municipal Opportunities Fund (HHMIX) 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 HHMIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HHMIX
HHMIX charges 0.44% annually. There are 88 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 | HHMIX vs LSMSX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | HHMIX vs VTMFX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | HHMIX vs FHMIX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | HHMIX vs NMTRX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | HHMIX vs FSMUX |
Best Risk-Adjusted Alternatives to HHMIX
HHMIX has a PortfoliosLab risk / return rank of 67. There are 327 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 | HHMIX vs DFABX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | HHMIX vs ATOIX | |
| DFA California Short Term Municipal Bond Portfolio | 99 | — | Apr 2007 | HHMIX vs DFCMX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | HHMIX vs DNYMX | |
| DFA Short Term Municipal Bond Portfolio | 99 | — | Aug 2002 | HHMIX vs DFSMX |
Top Performing HHMIX Alternatives (YTD)
HHMIX is at 1.46% YTD. There are 275 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 | HHMIX vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 9.70% | — | Nov 2002 | HHMIX vs NRK | |
| AllianceBernstein National Municipal Income Fund | 7.62% | — | Nov 2001 | HHMIX vs AFB | |
| BlackRock MuniYield Michigan Quality Fund | 6.57% | — | Oct 1992 | HHMIX vs MIY | |
| Nuveen Virginia Quality Municipal Income Fund | 6.33% | — | Mar 1993 | HHMIX vs NPV |
Lowest Volatility Alternatives to HHMIX
HHMIX has 2.37% 1-year volatility. There are 172 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 | HHMIX vs DFABX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | HHMIX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | HHMIX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.60% | — | May 2016 | HHMIX vs USMTX | |
| DFA Short Term Municipal Bond Portfolio | 0.61% | — | Aug 2002 | HHMIX vs DFSMX |
Lowest Drawdown Alternatives to HHMIX
HHMIX has a 1-year max drawdown of -2.81%. There are 248 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 | HHMIX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | HHMIX vs ATOIX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.10% | — | Dec 2017 | HHMIX vs APUSX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | HHMIX vs TFCYX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | HHMIX vs FHMIX |
Other Mutual Funds from Hartford
The 10 most viewed Hartford mutual funds shown here include HGOIX, HSNIX, SCIEX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| The Hartford Growth Opportunities Fund Class I | Large Cap Growth Equities | 21 | 9.04% | — | Feb 2002 | HHMIX vs HGOIX | |
| The Hartford Strategic Income Fund | Multisector Bonds | 55 | 0.94% | — | May 2007 | HHMIX vs HSNIX | |
| Hartford Schroders International Stock Fund Class ... | Foreign Large Cap Equities | 23 | 8.37% | — | Dec 1985 | HHMIX vs SCIEX | |
| Hartford Core Equity Fund | Large Cap Blend Equities | 44 | 6.69% | — | Apr 1998 | HHMIX vs HGIYX | |
| The Hartford Balanced Income Fund | Diversified Portfolio | 33 | 2.70% | — | Jul 2006 | HHMIX vs HBLYX | |
| The Hartford Dividend and Growth Fund | Large Cap Value Equities | 66 | 8.55% | — | Jul 1996 | HHMIX vs HDGYX | |
| Hartford International Value Fund | Foreign Large Cap Equities | 64 | 11.28% | — | May 2010 | HHMIX vs HILYX | |
| The Hartford Growth Opportunities Fund | Large Cap Growth Equities | 21 | 9.05% | — | Feb 2002 | HHMIX vs HGOYX | |
| Hartford Schroders Emerging Markets Equity Fund Cl... | Emerging Markets Equities | 91 | 36.34% | — | — | HHMIX vs SEMNX | |
| The Hartford Equity Income Fund | Large Cap Value Equities | 39 | 6.44% | — | Aug 2003 | HHMIX vs HQIYX |
Often Compared With HHMIX
Investors most often compare HHMIX with AMHIX, HERIX, HCAYX. These 20 comparison targets span 16 categories, based on PortfoliosLab usage data.
Compare HHMIX with Any Fund or Stock
Compare HHMIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HHMIX with funds that move differently
Hartford Municipal Opportunities Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HHMIX.
Explore HHMIX Diversifiers