Northern California Tax Exempt Fund (NCATX) 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 NCATX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NCATX
NCATX charges 0.45% annually. There are 96 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 | NCATX vs LSMSX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | NCATX vs VTMFX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | NCATX vs NMTRX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | NCATX vs FHMIX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | NCATX vs FSMUX |
Best Risk-Adjusted Alternatives to NCATX
NCATX has a PortfoliosLab risk / return rank of 65. There are 346 mutual funds in the Municipal Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Ultra Short Municipal Income Fund | 100 | — | Dec 2002 | NCATX vs ATOIX | |
| DFA Short Term Municipal Bond Portfolio | 100 | — | Aug 2002 | NCATX vs DFSMX | |
| DFA Short-Term Selective State Municipal Bond Port... | 100 | — | Apr 2022 | NCATX vs DFABX | |
| Federated Hermes Conservative Municipal Microshort... | 99 | — | Feb 2021 | NCATX vs FHMIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | 99 | — | Apr 2016 | NCATX vs TFCYX |
Top Performing NCATX Alternatives (YTD)
NCATX is at -0.08% YTD. There are 387 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 11.94%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 11.94% | — | Apr 1998 | NCATX vs NMI | |
| BlackRock MuniYield Michigan Quality Fund | 7.21% | — | Oct 1992 | NCATX vs MIY | |
| Nuveen New York AMT Free Quality Municipal Income | 7.15% | — | Nov 2002 | NCATX vs NRK | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 4.40% | 12.30B | Sep 1994 | NCATX vs VTMFX | |
| AllianceBernstein National Municipal Income Fund | 3.80% | — | Nov 2001 | NCATX vs AFB |
Lowest Volatility Alternatives to NCATX
NCATX has 2.58% 1-year volatility. There are 197 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.54%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short Term Municipal Bond Portfolio | 0.54% | — | Aug 2002 | NCATX vs DFSMX | |
| DFA Short-Term Selective State Municipal Bond Port... | 0.56% | — | Apr 2022 | NCATX vs DFABX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | NCATX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.63% | — | May 2016 | NCATX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.65% | — | May 2016 | NCATX vs USMTX |
Lowest Drawdown Alternatives to NCATX
NCATX has a 1-year max drawdown of -2.80%. There are 243 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 | NCATX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | NCATX vs ATOIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | NCATX vs TFCYX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | NCATX vs FHMIX | |
| DFA Short Term Municipal Bond Portfolio | -0.11% | — | Aug 2002 | NCATX vs DFSMX |
Other Mutual Funds from Northern Trust
The 10 most viewed Northern Trust mutual funds shown here include NOIEX, NOSIX, NHFIX and span 11 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Northern Income Equity Fund | Large Cap Value Equities, Dividend, Actively Managed | 78 | 12.25% | — | Apr 1994 | NCATX vs NOIEX | |
| Northern Stock Index Fund | Large Cap Blend Equities | 62 | 9.34% | — | Oct 1996 | NCATX vs NOSIX | |
| Northern High Yield Fixed Income Fund | High Yield Bonds | 80 | 2.00% | — | Dec 1998 | NCATX vs NHFIX | |
| Northern Global Sustainability Index Fund | Global Equities | 57 | 9.33% | — | Mar 2008 | NCATX vs NSRIX | |
| Northern Small Cap Value Fund | Small Cap Value Equities | 86 | 21.99% | — | Mar 1994 | NCATX vs NOSGX | |
| Northern International Equity Index Fund | Foreign Large Cap Equities | 61 | 12.75% | — | Mar 2005 | NCATX vs NOINX | |
| Northern Large Cap Core Fund | Large Cap Blend Equities | 74 | 9.87% | — | Dec 2005 | NCATX vs NOLCX | |
| Northern Small Cap Core Fund | Small Cap Blend Equities | 83 | 21.27% | — | Sep 1999 | NCATX vs NSGRX | |
| Northern Bond Index Fund | Intermediate Core Bond | 13 | -1.04% | — | Feb 2007 | NCATX vs NOBOX | |
| Northern Mid Cap Index Fund | Mid Cap Blend Equities | 48 | 14.71% | — | Mar 2005 | NCATX vs NOMIX |
Often Compared With NCATX
Investors most often compare NCATX with CALI, NTAUX, NOCBX. These 17 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare NCATX with Any Fund or Stock
Compare NCATX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NCATX with funds that move differently
Northern California Tax Exempt Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NCATX.
Explore NCATX Diversifiers