DWS California Tax (KCTAX) 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 KCTAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to KCTAX
KCTAX charges 0.76% annually. There are 352 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 | KCTAX vs LSMSX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | KCTAX vs VTMFX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | KCTAX vs NMTRX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | KCTAX vs FHMIX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | KCTAX vs FSMUX |
Best Risk-Adjusted Alternatives to KCTAX
KCTAX has a PortfoliosLab risk / return rank of 64. There are 394 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 | KCTAX vs DFABX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | KCTAX vs ATOIX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | KCTAX vs DNYMX | |
| DFA California Short Term Municipal Bond Portfolio | 99 | — | Apr 2007 | KCTAX vs DFCMX | |
| DFA Short Term Municipal Bond Portfolio | 99 | — | Aug 2002 | KCTAX vs DFSMX |
Top Performing KCTAX Alternatives (YTD)
KCTAX is at 1.92% YTD. There are 156 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 9.28%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen New York AMT Free Quality Municipal Income | 9.28% | — | Nov 2002 | KCTAX vs NRK | |
| Nuveen Municipal Income Fund, Inc. | 8.28% | — | Apr 1998 | KCTAX vs NMI | |
| AllianceBernstein National Municipal Income Fund | 7.53% | — | Nov 2001 | KCTAX vs AFB | |
| Nuveen Virginia Quality Municipal Income Fund | 6.33% | — | Mar 1993 | KCTAX vs NPV | |
| BlackRock MuniYield Michigan Quality Fund | 5.87% | — | Oct 1992 | KCTAX vs MIY |
Lowest Volatility Alternatives to KCTAX
KCTAX has 3.20% 1-year volatility. There are 393 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.57%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 0.57% | — | Apr 2022 | KCTAX vs DFABX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | KCTAX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | KCTAX vs USMTX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | KCTAX vs DFCMX | |
| DFA Short Term Municipal Bond Portfolio | 0.61% | — | Aug 2002 | KCTAX vs DFSMX |
Lowest Drawdown Alternatives to KCTAX
KCTAX has a 1-year max drawdown of -3.13%. There are 387 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 | KCTAX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | KCTAX vs ATOIX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.10% | — | Dec 2017 | KCTAX vs APUSX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | KCTAX vs TFCYX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | KCTAX vs FHMIX |
Other Mutual Funds from DWS
The 10 most viewed DWS mutual funds shown here include AAAAX, KTCAX, AAAZX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| DWS RREEF Real Assets Fund - Class A | Diversified Portfolio | 34 | 8.20% | — | Jul 2007 | KCTAX vs AAAAX | |
| DWS Science and Technology Fund | Technology Equities | 58 | 25.69% | — | Sep 1948 | KCTAX vs KTCAX | |
| DWS RREEF Real Assets Fund | Global Allocation | 35 | 8.38% | — | Jul 2007 | KCTAX vs AAAZX | |
| DWS Core Equity Fund | Large Cap Blend Equities | 61 | 9.70% | — | May 1929 | KCTAX vs SCDGX | |
| DWS Emerging Markets Equity Fund | Emerging Markets Diversified | 84 | 36.11% | — | May 1996 | KCTAX vs SEMGX | |
| DWS International Growth Fund | Foreign Large Cap Equities | 18 | 9.12% | — | Jul 1986 | KCTAX vs SCOBX | |
| DWS Capital Growth Fund | Large Cap Growth Equities | 11 | 4.40% | — | Jul 2000 | KCTAX vs SCGSX | |
| DWS S&P 500 Index Fund | S&P 500 | 65 | 10.06% | — | Aug 1997 | KCTAX vs SCPIX | |
| DWS Global High Income Fund | High Yield Bonds | 76 | 1.59% | — | Mar 1998 | KCTAX vs MGHYX | |
| DWS Equity 500 Index Fund | Large Cap Blend Equities | 66 | 10.09% | — | Dec 1992 | KCTAX vs BTIIX |
Often Compared With KCTAX
Investors most often compare KCTAX with MUJ, KDHAX, SCINX. These 6 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BlackRock MuniHoldings New Jersey Quality Fund | Municipal Bonds | 57 | 5.53% | — | Mar 1998 | KCTAX vs MUJ | |
| DWS CROCI Equity Dividend Fd | Large Cap Value Equities | 22 | 9.16% | — | Mar 1988 | KCTAX vs KDHAX | |
| DWS CROCI International Fund | Foreign Large Cap Equities | 65 | 9.35% | — | Jun 1953 | KCTAX vs SCINX | |
| Strategic Advisers Tax-Sensitive Short Duration Fu... | Municipal Bonds | 97 | 0.77% | — | Dec 2017 | KCTAX vs FGNSX | |
| PIMCO Fixed Income SHares: Series TE | Municipal Bonds | 79 | 1.92% | — | Jun 2012 | KCTAX vs FXIEX | |
| BlackRock MuniHoldings California Quality Fund | Municipal Bonds | 35 | 5.45% | — | Feb 1998 | KCTAX vs MUC |
Compare KCTAX with Any Fund or Stock
Compare KCTAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair KCTAX with funds that move differently
DWS California Tax alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to KCTAX.
Explore KCTAX Diversifiers