T. Rowe Price Maryland Tax Free Bond Fund (MDXBX) Alternatives

T. Rowe Price Maryland Tax Free Bond Fund (MDXBX) 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 MDXBX. 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 MDXBX

MDXBX charges 0.49% annually. Among mutual funds in the Municipal Bonds category, these options have the lowest expense ratios among MDXBX alternatives.

Symbol	Name	Expense Ratio	Inception
LSMSX	Western Asset SMASh Series TF Fund	0.01%	Dec 22, 2015	MDXBX vs LSMSX
NMTRX	Nuveen Municipal Total Return Managed Accounts	0.05%	May 30, 2007	MDXBX vs NMTRX
FHMIX	Federated Hermes Conservative Municipal Microshort...	0.05%	Feb 2, 2021	MDXBX vs FHMIX
FSMUX	Strategic Advisers Municipal Bond Fund	0.06%	Jun 24, 2021	MDXBX vs FSMUX
FMBIX	Fidelity Municipal Bond Index Fund	0.07%	Jul 11, 2019	MDXBX vs FMBIX

Best Risk-Adjusted Alternatives to MDXBX

Among mutual funds in the Municipal Bonds 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
ATOIX	abrdn Ultra Short Municipal Income Fund	100	Dec 4, 2002	MDXBX vs ATOIX
TFCYX	SEI Institutional Managed Trust Tax-Free Conservat...	99	Apr 21, 2016	MDXBX vs TFCYX
APUSX	Cavanal Hill Ultra Short Tax-Free Income Fund	99	Dec 25, 2017	MDXBX vs APUSX
FHMIX	Federated Hermes Conservative Municipal Microshort...	99	Feb 2, 2021	MDXBX vs FHMIX
USMTX	JPMorgan Ultra-Short Municipal Fund	99	May 30, 2016	MDXBX vs USMTX

Top Performing MDXBX Alternatives (YTD)

MDXBX alternatives from the Municipal Bonds category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
NMI	Nuveen Municipal Income Fund, Inc.	6.43%	Apr 20, 1998	MDXBX vs NMI
NPV	Nuveen Virginia Quality Municipal Income Fund	4.12%	Mar 18, 1993	MDXBX vs NPV
NRK	Nuveen New York AMT Free Quality Municipal Income	3.25%	Nov 21, 2002	MDXBX vs NRK
MIY	BlackRock MuniYield Michigan Quality Fund	2.55%	Oct 30, 1992	MDXBX vs MIY
NQP	Nuveen Pennsylvania Quality Municipal Income	2.31%	Feb 21, 1991	MDXBX vs NQP

Lowest Volatility Alternatives to MDXBX

MDXBX alternatives from the Municipal Bonds category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
DFSMX	DFA Short Term Municipal Bond Portfolio	0.68%	Aug 19, 2002	MDXBX vs DFSMX
USMSX	JPMorgan Ultra-Short Municipal Fund	0.69%	May 31, 2016	MDXBX vs USMSX
USMTX	JPMorgan Ultra-Short Municipal Fund	0.70%	May 30, 2016	MDXBX vs USMTX
DFABX	DFA Short-Term Selective State Municipal Bond Port...	0.71%	Apr 11, 2022	MDXBX vs DFABX
BATVX	BlackRock Allocation Target Shares	0.76%	May 20, 2021	MDXBX vs BATVX

Lowest Drawdown Alternatives to MDXBX

MDXBX alternatives from the Municipal Bonds category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
BATVX	BlackRock Allocation Target Shares	0.00%	May 20, 2021	MDXBX vs BATVX
ATOIX	abrdn Ultra Short Municipal Income Fund	-0.10%	Dec 4, 2002	MDXBX vs ATOIX
TFCYX	SEI Institutional Managed Trust Tax-Free Conservat...	-0.10%	Apr 21, 2016	MDXBX vs TFCYX
APUSX	Cavanal Hill Ultra Short Tax-Free Income Fund	-0.20%	Dec 25, 2017	MDXBX vs APUSX
FHMIX	Federated Hermes Conservative Municipal Microshort...	-0.20%	Feb 2, 2021	MDXBX vs FHMIX

Other Mutual Funds from T. Rowe Price

Most popular T. Rowe Price mutual funds on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
TRBCX	T. Rowe Price Blue Chip Growth Fund	Large Cap Growth Equities	20	-14.57%	Jun 30, 1993	MDXBX vs TRBCX
PRWCX	T. Rowe Price Capital Appreciation Fund	Diversified Portfolio	78	-5.03%	Jun 30, 1986	MDXBX vs PRWCX
PRDGX	T. Rowe Price Dividend Growth Fund, Inc.	Large Cap Blend Equities, Dividend	33	-2.47%	Dec 30, 1992	MDXBX vs PRDGX
PRWAX	T. Rowe Price All-Cap Opportunities Fund	Large Cap Growth Equities	45	-12.37%	Sep 30, 1985	MDXBX vs PRWAX
PRCOX	T. Rowe Price U.S. Equity Research Fund	Large Cap Blend Equities	42	-7.21%	Nov 30, 1994	MDXBX vs PRCOX
PREIX	T. Rowe Price Equity Index 500 Fund	Large Cap Blend Equities	52	-7.11%	Mar 30, 1990	MDXBX vs PREIX
TBCIX	T. Rowe Price Blue Chip Growth Fund I Class	Large Cap Growth Equities	21	-14.54%	—	MDXBX vs TBCIX
TRLGX	T. Rowe Price Large-Cap Growth Fund	Large Cap Growth Equities	15	-14.83%	Oct 31, 2001	MDXBX vs TRLGX
PRSCX	T. Rowe Price Science And Technology Fund	Technology Equities	65	-11.17%	Sep 29, 1987	MDXBX vs PRSCX
PRNHX	T. Rowe Price New Horizons Fund	Mid Cap Growth Equities	16	-5.34%	Jun 3, 1960	MDXBX vs PRNHX

Often Compared With MDXBX

What investors most often compare with MDXBX, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
VTEB	Vanguard Tax-Exempt Bond ETF	Municipal Bonds	54	-0.23%	Aug 21, 2015	MDXBX vs VTEB
VTEI	Vanguard Intermediate-Term Tax-Exempt Bond ETF	Municipal Bonds	65	-0.38%	Jan 29, 2024	MDXBX vs VTEI
SUB	iShares Short-Term National Muni Bond ETF	Municipal Bonds	92	0.23%	Nov 5, 2008	MDXBX vs SUB
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	52	12.79%	Oct 20, 2011	MDXBX vs SCHD
FTABX	Fidelity Tax-Free Bond Fund	Municipal Bonds	56	-0.77%	Apr 10, 2001	MDXBX vs FTABX
VOO	Vanguard S&P 500 ETF	S&P 500	65	-4.42%	Sep 7, 2010	MDXBX vs VOO
SMDMX	Fidelity Maryland Municipal Income Fund	Municipal Bonds	56	-1.25%	Apr 22, 1993	MDXBX vs SMDMX
USFR	WisdomTree Bloomberg Floating Rate Treasury Fund	Government Bonds	100	0.93%	Feb 4, 2014	MDXBX vs USFR
MUB	iShares National AMT-Free Muni Bond ETF	Municipal Bonds	54	-0.37%	Sep 7, 2007	MDXBX vs MUB
BNDX	Vanguard Total International Bond ETF	Global Bonds	46	-0.13%	May 31, 2013	MDXBX vs BNDX
VEIPX	Vanguard Equity Income Fund Investor Shares	Large Cap Value Equities	56	-0.15%	Mar 21, 1988	MDXBX vs VEIPX
PRMDX	T. Rowe Price Maryland Short-Term Tax-Free Bond Fu...	Municipal Bonds	98	0.43%	Jan 28, 1993	MDXBX vs PRMDX
BND	Vanguard Total Bond Market ETF	Total Bond Market	59	0.05%	Apr 3, 2007	MDXBX vs BND
VWLTX	Vanguard Long-Term Tax-Exempt Fund Investor Shares	Municipal Bonds	45	-0.78%	Sep 1, 1977	MDXBX vs VWLTX
FGNSX	Strategic Advisers Tax-Sensitive Short Duration Fu...	Municipal Bonds	48	-0.10%	Dec 27, 2017	MDXBX vs FGNSX
BOXX	Alpha Architect 1-3 Month Box ETF	Ultrashort Bond	100	1.03%	Dec 27, 2022	MDXBX vs BOXX
VWLUX	Vanguard Long-Term Tax-Exempt Fund Admiral Shares	Municipal Bonds	46	-0.77%	Feb 12, 2001	MDXBX vs VWLUX
DCARX	DFA California Municipal Real Return Portfolio	Municipal Bonds	94	1.09%	Oct 31, 2017	MDXBX vs DCARX
DMREX	DFA Municipal Real Return Portfolio	Municipal Bonds	94	1.10%	Nov 3, 2014	MDXBX vs DMREX
TRBUX	T. Rowe Price Ultra Short-Term Bond Fund	Ultrashort Bond	100	0.65%	Dec 3, 2012	MDXBX vs TRBUX

Compare MDXBX with Any Fund or Stock

Compare MDXBX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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T. Rowe Price Maryland Tax Free Bond Fund

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