Northern Trust 2055 Tax-Exempt Distributing Ladder ETF (MUND) belongs to the Municipal Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with MUND. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MUND
MUND charges 0.18% annually. There are 22 ETFs in the Municipal Bonds category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Tax-Exempt Bond ETF | 0.03% | 47.60B | Aug 2015 | MUND vs VTEB | |
| Schwab Municipal Bond ETF | 0.03% | 3.92B | Oct 2022 | MUND vs SCMB | |
| Northern Trust Short-Term Tax-Exempt Bond ETF | 0.05% | 116.60M | Aug 2025 | MUND vs TAXS | |
| Fidelity Systematic Municipal Bond Index ETF | 0.05% | 180.62M | Jul 2019 | MUND vs FMUN | |
| Northern Trust Intermediate Tax-Exempt Bond ETF | 0.05% | 153.73M | Aug 2025 | MUND vs TAXI |
Best Risk-Adjusted Alternatives to MUND
Among 107 ETFs in the Municipal Bonds category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| State Street My2027 Municipal Bond ETF | 98 | 9.88M | Sep 2024 | MUND vs MYMG | |
| First Trust Ultra Short Duration Municipal ETF | 97 | 246.08M | Nov 2018 | MUND vs FUMB | |
| State Street My2026 Municipal Bond ETF | 97 | 8.74M | Sep 2024 | MUND vs MYMF | |
| iShares Short Maturity Municipal Bond ETF | 96 | 1.39B | Mar 2015 | MUND vs MEAR | |
| Goldman Sachs Ultra Short Municipal Income ETF | 96 | 38.99M | Jul 2024 | MUND vs GUMI |
Top Performing MUND Alternatives (YTD)
MUND is at 1.81% YTD. There are 65 ETFs in the Municipal Bonds category with higher YTD returns, going as high as 4.81%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Xtrackers Municipal Infrastructure Revenue Bond ET... | 4.81% | 142.76M | Jun 2013 | MUND vs RVNU | |
| X-Square Municipal Income Tax Free ETF | 4.33% | 4.54M | May 2023 | MUND vs ZTAX | |
| Rareview Tax Advantaged Income ETF | 4.24% | 18.13M | Oct 2020 | MUND vs RTAI | |
| First Trust Flexible Municipal High Income ETF | 4.11% | 19.03M | Sep 2016 | MUND vs MFLX | |
| T. Rowe Price High Income Municipal ETF | 4.04% | 25.43M | Nov 2025 | MUND vs THYM |
Lowest Volatility Alternatives to MUND
MUND has 7.08% 1-year volatility. There are 138 ETFs in the Municipal Bonds category with lower 1-year volatility, going as low as 0.54%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| F/m Ultrashort Tax-Free Municipal ETF | 0.54% | 30.59M | Sep 2025 | MUND vs ZMUN | |
| State Street My2026 Municipal Bond ETF | 0.73% | 8.74M | Sep 2024 | MUND vs MYMF | |
| Allspring Ultra Short Municipal ETF | 0.74% | 30.06M | Jul 2025 | MUND vs AUSM | |
| iShares Short-Term California Muni Active ETF | 0.75% | 398.45M | Oct 2007 | MUND vs CALI | |
| First Trust Ultra Short Duration Municipal ETF | 0.78% | 246.08M | Nov 2018 | MUND vs FUMB |
Lowest Drawdown Alternatives to MUND
Among 107 ETFs in the Municipal Bonds category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -0.22%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Ultra Short Duration Municipal ETF | -0.22% | 246.08M | Nov 2018 | MUND vs FUMB | |
| Invesco BulletShares 2026 Municipal Bond ETF | -0.33% | 290.51M | Sep 2019 | MUND vs BSMQ | |
| Goldman Sachs Ultra Short Municipal Income ETF | -0.36% | 38.99M | Jul 2024 | MUND vs GUMI | |
| State Street My2027 Municipal Bond ETF | -0.36% | 9.88M | Sep 2024 | MUND vs MYMG | |
| iShares iBonds Dec 2026 Term Muni Bond ETF | -0.38% | 587.10M | Apr 2019 | MUND vs IBMO |
Other ETFs from Northern Trust
The 10 most viewed Northern Trust ETFs shown here include GUNR, ESG, HYGV and span 9 categories. AUM among these funds goes as high as $7B.
Often Compared With MUND
Investors most often compare MUND with MMMA, TAXT, OVM. These 4 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| NYLI MacKay Muni Allocation ETF | Municipal Bonds | — | 3.87% | 27.55M | Dec 2025 | MUND vs MMMA | |
| Northern Trust Tax-Exempt Bond ETF | Municipal Bonds | — | 1.77% | 60.89M | Aug 2025 | MUND vs TAXT | |
| Overlay Shares Municipal Bond ETF | Municipal Bonds | 88 | 3.98% | 30.60M | Sep 2019 | MUND vs OVM | |
| Invesco BulletShares 2027 Municipal Bond ETF | Municipal Bonds | 94 | 1.28% | 342.74M | Sep 2019 | MUND vs BSMR |
Compare MUND with Any Fund or Stock
Compare MUND with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MUND with funds that move differently
Northern Trust 2055 Tax-Exempt Distributing Ladder ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MUND.
Explore MUND Diversifiers