Northern Intermediate Tax Exempt Fund (NOITX) 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 NOITX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NOITX
NOITX charges 0.45% annually. There are 95 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 | NOITX vs LSMSX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | NOITX vs NMTRX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | NOITX vs VTMFX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | NOITX vs FHMIX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | NOITX vs FSMUX |
Best Risk-Adjusted Alternatives to NOITX
NOITX has a PortfoliosLab risk / return rank of 73. There are 324 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 Municipal Bond Portfolio | 100 | — | Aug 2002 | NOITX vs DFSMX | |
| DFA Short-Term Selective State Municipal Bond Port... | 100 | — | Apr 2022 | NOITX vs DFABX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | NOITX vs ATOIX | |
| Federated Hermes Conservative Municipal Microshort... | 99 | — | Feb 2021 | NOITX vs FHMIX | |
| DFA California Short Term Municipal Bond Portfolio | 99 | — | Apr 2007 | NOITX vs DFCMX |
Top Performing NOITX Alternatives (YTD)
NOITX is at 1.29% YTD. There are 313 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 10.68%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen New York AMT Free Quality Municipal Income | 10.68% | — | Nov 2002 | NOITX vs NRK | |
| Nuveen Municipal Income Fund, Inc. | 10.10% | — | Apr 1998 | NOITX vs NMI | |
| BlackRock MuniYield Michigan Quality Fund | 8.97% | — | Oct 1992 | NOITX vs MIY | |
| AllianceBernstein National Municipal Income Fund | 6.95% | — | Nov 2001 | NOITX vs AFB | |
| BlackRock MuniHoldings California Quality Fund | 6.75% | — | Feb 1998 | NOITX vs MUC |
Lowest Volatility Alternatives to NOITX
NOITX has 2.24% 1-year volatility. There are 130 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.55%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 0.55% | — | Apr 2022 | NOITX vs DFABX | |
| DFA Short Term Municipal Bond Portfolio | 0.55% | — | Aug 2002 | NOITX vs DFSMX | |
| DFA California Short Term Municipal Bond Portfolio | 0.57% | — | Apr 2007 | NOITX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.58% | — | May 2016 | NOITX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | NOITX vs USMTX |
Lowest Drawdown Alternatives to NOITX
NOITX has a 1-year max drawdown of -2.45%. There are 138 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 | NOITX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | NOITX vs ATOIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | NOITX vs TFCYX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | NOITX vs FHMIX | |
| DFA Short-Term Selective State Municipal Bond Port... | -0.11% | — | Apr 2022 | NOITX vs DFABX |
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 | 80 | 12.98% | — | Mar 1994 | NOITX vs NOIEX | |
| Northern Stock Index Fund | Large Cap Blend Equities | 69 | 11.31% | — | Oct 1996 | NOITX vs NOSIX | |
| Northern High Yield Fixed Income Fund | High Yield Bonds | 84 | 2.18% | — | Dec 1998 | NOITX vs NHFIX | |
| Northern Global Sustainability Index Fund | Global Equities | 58 | 10.40% | — | Mar 2008 | NOITX vs NSRIX | |
| Northern International Equity Index Fund | Foreign Large Cap Equities | 43 | 10.87% | — | Mar 2005 | NOITX vs NOINX | |
| Northern Small Cap Value Fund | Small Cap Value Equities | 83 | 21.59% | — | Mar 1994 | NOITX vs NOSGX | |
| Northern Large Cap Core Fund | Large Cap Blend Equities | 80 | 11.26% | — | Dec 2005 | NOITX vs NOLCX | |
| Northern Small Cap Core Fund | Small Cap Blend Equities | 83 | 21.97% | — | Sep 1999 | NOITX vs NSGRX | |
| Northern Bond Index Fund | Intermediate Core Bond | 21 | -0.24% | — | Feb 2007 | NOITX vs NOBOX | |
| Northern Mid Cap Index Fund | Mid Cap Blend Equities | 48 | 15.14% | — | Mar 2005 | NOITX vs NOMIX |
Often Compared With NOITX
Investors most often compare NOITX with NSIDX, NOCBX, NPV. These 9 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Northern Small Cap Index Fund | Small Cap Blend Equities | 73 | 20.62% | — | Sep 1999 | NOITX vs NSIDX | |
| Northern Core Bond Fund | Intermediate Core Bond | 19 | -0.41% | — | Mar 2001 | NOITX vs NOCBX | |
| Nuveen Virginia Quality Municipal Income Fund | Municipal Bonds | 21 | 4.84% | — | Mar 1993 | NOITX vs NPV | |
| PIMCO Fixed Income SHares: Series TE | Municipal Bonds | 92 | 2.11% | — | Jun 2012 | NOITX vs FXIEX | |
| DFA NY Municipal Bond Portfolio | Municipal Bonds | 99 | 1.29% | — | Jun 2015 | NOITX vs DNYMX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | Municipal Bonds | 18 | 1.00% | — | Dec 2017 | NOITX vs APUSX | |
| Strategic Advisers Tax-Sensitive Short Duration Fu... | Municipal Bonds | 97 | 0.92% | — | Dec 2017 | NOITX vs FGNSX | |
| BlackRock MuniYield Pennsylvania Quality Fund | Municipal Bonds | 48 | 5.22% | — | Nov 1992 | NOITX vs MPA | |
| BlackRock MuniHoldings New Jersey Quality Fund | Municipal Bonds | 72 | 6.52% | — | Mar 1998 | NOITX vs MUJ |
Compare NOITX with Any Fund or Stock
Compare NOITX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NOITX with funds that move differently
Northern Intermediate Tax Exempt Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NOITX.
Explore NOITX Diversifiers