Invesco Short Duration High Yield Municipal Fund (ISHYX) Alternatives
Invesco Short Duration High Yield Municipal Fund (ISHYX) belongs to the High Yield Muni category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with ISHYX. 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 ISHYX
ISHYX charges 0.59% annually. Among mutual funds in the High Yield Muni category, these options have the lowest expense ratios among ISHYX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| BlackRock Allocation Target Shares Series E Portfo... | 0.11% | Aug 3, 2014 | ISHYX vs BATEX | |
| Eaton Vance High Yield Municipal Income Fund Class... | 0.18% | May 9, 2007 | ISHYX vs EWHYX | |
| American High-Income Municipal Bond Fund Class F-3 | 0.31% | Jan 27, 2017 | ISHYX vs HIMFX | |
| American High-Income Municipal Bond Fund Class F-2 | 0.42% | Aug 1, 2008 | ISHYX vs AHMFX | |
| Lord Abbett Short Duration High Income Municipal B... | 0.50% | Jun 14, 2015 | ISHYX vs SDHIX |
Best Risk-Adjusted Alternatives to ISHYX
Among mutual funds in the High Yield Muni 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 | |
|---|---|---|---|---|
| Counterpoint Tactical Municipal Fund | 83 | Jun 10, 2018 | ISHYX vs TMNIX | |
| Lord Abbett Short Duration High Income Municipal B... | 70 | Jun 14, 2015 | ISHYX vs SDHIX | |
| T. Rowe Price Tax Free High Yield Fund | 65 | Feb 28, 1985 | ISHYX vs PRFHX | |
| AB Municipal Income Shares | 43 | Aug 31, 2010 | ISHYX vs MISHX | |
| American High-Income Municipal Bond Fund Class F-2 | 39 | Aug 1, 2008 | ISHYX vs AHMFX |
Top Performing ISHYX Alternatives (YTD)
ISHYX alternatives from the High Yield Muni category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Nuveen Municipal High Income Opportunity Fund | 3.79% | Nov 19, 2003 | ISHYX vs NMZ | |
| T. Rowe Price Tax Free High Yield Fund | 0.17% | Feb 28, 1985 | ISHYX vs PRFHX | |
| Redwood Managed Municipal Income Fund | 0.01% | Mar 8, 2017 | ISHYX vs RWMIX | |
| Eaton Vance High Yield Municipal Income Fund Class... | 0.00% | May 9, 2007 | ISHYX vs EWHYX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | -0.04% | Jan 31, 2013 | ISHYX vs NVHIX |
Lowest Volatility Alternatives to ISHYX
ISHYX alternatives from the High Yield Muni category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Counterpoint Tactical Municipal Fund | 2.35% | Jun 10, 2018 | ISHYX vs TMNIX | |
| Lord Abbett Short Duration High Income Municipal B... | 3.46% | Jun 14, 2015 | ISHYX vs SDHIX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | 3.77% | Jan 31, 2013 | ISHYX vs NVHIX | |
| Redwood Managed Municipal Income Fund | 3.89% | Mar 8, 2017 | ISHYX vs RWMIX | |
| abrdn Short Duration High Yield Municipal Fund | 4.02% | May 30, 2013 | ISHYX vs AHYMX |
Lowest Drawdown Alternatives to ISHYX
ISHYX alternatives from the High Yield Muni category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Counterpoint Tactical Municipal Fund | -2.21% | Jun 10, 2018 | ISHYX vs TMNIX | |
| Lord Abbett Short Duration High Income Municipal B... | -3.22% | Jun 14, 2015 | ISHYX vs SDHIX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | -3.63% | Jan 31, 2013 | ISHYX vs NVHIX | |
| abrdn Short Duration High Yield Municipal Fund | -3.81% | May 30, 2013 | ISHYX vs AHYMX | |
| First Eagle Short Duration High Yield Municipal Fu... | -3.96% | Feb 2, 2024 | ISHYX vs FDUAX |
Other Mutual Funds from Invesco
Most popular Invesco mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Invesco Nasdaq 100 Index Fund | Large Cap Growth Equities | 48 | -8.99% | Oct 13, 2020 | ISHYX vs IVNQX | |
| Invesco Equally-Weighted S&P 500 Fund Class A | Large Cap Blend Equities | 28 | -1.47% | — | ISHYX vs VADAX | |
| Invesco American Franchise Fund Class A | Large Cap Growth Equities | 16 | -13.54% | Jun 23, 2005 | ISHYX vs VAFAX | |
| Invesco Gold & Special Minerals Fund | Precious Metals | 92 | 0.44% | Jul 18, 1983 | ISHYX vs OPGSX | |
| Invesco Comstock Fund | Large Cap Value Equities | 36 | -2.22% | Oct 7, 1968 | ISHYX vs ACSTX | |
| Invesco Global Fund | Global Equities | 9 | -13.35% | Dec 21, 1969 | ISHYX vs OPPAX | |
| Invesco Main Street Fund | Large Cap Blend Equities | 20 | -9.61% | Feb 3, 1988 | ISHYX vs MSIGX | |
| Invesco Equity and Income Fund | Diversified Portfolio | 56 | -1.20% | Aug 2, 1960 | ISHYX vs ACEIX | |
| Invesco Equally-Weighted S&P 500 Fund | S&P 500 | 29 | -1.41% | Jul 28, 1997 | ISHYX vs VADDX | |
| Invesco Value Opportunities Fund | Mid Cap Value Equities | 76 | 3.20% | Jun 25, 2001 | ISHYX vs VVOAX |
Often Compared With ISHYX
What investors most often compare with ISHYX, based on PortfoliosLab usage data.
Compare ISHYX with Any Fund or Stock
Compare ISHYX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.