Northern Arizona Tax Exempt Fund (NOAZX) 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 NOAZX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NOAZX
NOAZX charges 0.46% annually. There are 112 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 | NOAZX vs LSMSX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | NOAZX vs VTMFX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | NOAZX vs FHMIX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | NOAZX vs NMTRX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | NOAZX vs FSMUX |
Best Risk-Adjusted Alternatives to NOAZX
NOAZX has a PortfoliosLab risk / return rank of 69. There are 382 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 | NOAZX vs DFABX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | NOAZX vs ATOIX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | NOAZX vs DNYMX | |
| DFA California Short Term Municipal Bond Portfolio | 99 | — | Apr 2007 | NOAZX vs DFCMX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | 99 | — | Apr 2016 | NOAZX vs TFCYX |
Top Performing NOAZX Alternatives (YTD)
NOAZX is at 1.33% YTD. There are 313 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 13.22%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 13.22% | — | Apr 1998 | NOAZX vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 9.39% | — | Nov 2002 | NOAZX vs NRK | |
| AllianceBernstein National Municipal Income Fund | 8.29% | — | Nov 2001 | NOAZX vs AFB | |
| Nuveen Virginia Quality Municipal Income Fund | 6.80% | — | Mar 1993 | NOAZX vs NPV | |
| BlackRock MuniYield Michigan Quality Fund | 6.74% | — | Oct 1992 | NOAZX vs MIY |
Lowest Volatility Alternatives to NOAZX
NOAZX has 2.56% 1-year volatility. There are 217 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 0.56% | — | Apr 2022 | NOAZX vs DFABX | |
| DFA California Short Term Municipal Bond Portfolio | 0.58% | — | Apr 2007 | NOAZX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | NOAZX vs USMSX | |
| DFA Short Term Municipal Bond Portfolio | 0.60% | — | Aug 2002 | NOAZX vs DFSMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.61% | — | May 2016 | NOAZX vs USMTX |
Lowest Drawdown Alternatives to NOAZX
NOAZX has a 1-year max drawdown of -2.67%. There are 194 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 | NOAZX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | NOAZX vs ATOIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | NOAZX vs TFCYX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.10% | — | Dec 2017 | NOAZX vs APUSX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | NOAZX vs FHMIX |
Other Mutual Funds from Northern Funds
The 10 most viewed Northern Funds mutual funds shown here include NOIEX, NOSIX, NHFIX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Northern Income Equity Fund | Large Cap Value Equities | 73 | 9.03% | — | Mar 1994 | NOAZX vs NOIEX | |
| Northern Stock Index Fund | Large Cap Blend Equities | 61 | 8.09% | — | Oct 1996 | NOAZX vs NOSIX | |
| Northern High Yield Fixed Income Fund | High Yield Bonds | 77 | 1.53% | — | Dec 1998 | NOAZX vs NHFIX | |
| Northern Global Sustainability Index Fund | Global Equities | 52 | 7.32% | — | Mar 2008 | NOAZX vs NSRIX | |
| Northern International Equity Index Fund | Foreign Large Cap Equities | 35 | 8.37% | — | Mar 2005 | NOAZX vs NOINX | |
| Northern Small Cap Value Fund | Small Cap Value Equities | 79 | 19.50% | — | Mar 1994 | NOAZX vs NOSGX | |
| Northern Large Cap Core Fund | Large Cap Blend Equities | 73 | 7.18% | — | Dec 2005 | NOAZX vs NOLCX | |
| Northern Small Cap Core Fund | Small Cap Blend Equities | 79 | 20.44% | — | Sep 1999 | NOAZX vs NSGRX | |
| Northern Bond Index Fund | Intermediate Core Bond | 19 | 0.26% | — | Feb 2007 | NOAZX vs NOBOX | |
| Northern Mid Cap Index Fund | Mid Cap Blend Equities | 54 | 15.29% | — | Mar 2005 | NOAZX vs NOMIX |
Often Compared With NOAZX
Investors most often compare NOAZX with NOCBX, FXIEX, MUJ. These 6 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Northern Core Bond Fund | Intermediate Core Bond | 19 | 0.10% | — | Mar 2001 | NOAZX vs NOCBX | |
| PIMCO Fixed Income SHares: Series TE | Municipal Bonds | 85 | 2.02% | — | Jun 2012 | NOAZX vs FXIEX | |
| BlackRock MuniHoldings New Jersey Quality Fund | Municipal Bonds | 65 | 5.62% | — | Mar 1998 | NOAZX vs MUJ | |
| BlackRock MuniYield Pennsylvania Quality Fund | Municipal Bonds | 32 | 3.57% | — | Nov 1992 | NOAZX vs MPA | |
| Strategic Advisers Tax-Sensitive Short Duration Fu... | Municipal Bonds | 98 | 0.77% | — | Dec 2017 | NOAZX vs FGNSX | |
| Northern Small Cap Index Fund | Small Cap Blend Equities | 77 | 21.01% | — | Sep 1999 | NOAZX vs NSIDX |
Compare NOAZX with Any Fund or Stock
Compare NOAZX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NOAZX with funds that move differently
Northern Arizona Tax Exempt Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NOAZX.
Explore NOAZX Diversifiers