Northern Limited Term Tax-Exempt Fund (NSITX) 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 NSITX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NSITX
NSITX 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 | NSITX vs LSMSX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | NSITX vs NMTRX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | NSITX vs FHMIX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | NSITX vs FSMUX | |
| Fidelity Municipal Bond Index Fund | 0.07% | 0.00 | Jul 2019 | NSITX vs FMBIX |
Best Risk-Adjusted Alternatives to NSITX
NSITX has a PortfoliosLab risk / return rank of 66. There are 310 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 | NSITX vs DFABX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | NSITX vs DNYMX | |
| DFA California Short Term Municipal Bond Portfolio | 99 | — | Apr 2007 | NSITX vs DFCMX | |
| DFA Short Term Municipal Bond Portfolio | 99 | — | Aug 2002 | NSITX vs DFSMX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | NSITX vs ATOIX |
Top Performing NSITX Alternatives (YTD)
NSITX is at 0.65% YTD. There are 454 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 11.65%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 11.65% | — | Apr 1998 | NSITX vs NMI | |
| Nuveen Virginia Quality Municipal Income Fund | 6.88% | — | Mar 1993 | NSITX vs NPV | |
| Nuveen New York AMT Free Quality Municipal Income | 6.87% | — | Nov 2002 | NSITX vs NRK | |
| AllianceBernstein National Municipal Income Fund | 6.20% | — | Nov 2001 | NSITX vs AFB | |
| BlackRock MuniYield Michigan Quality Fund | 5.14% | — | Oct 1992 | NSITX vs MIY |
Lowest Volatility Alternatives to NSITX
NSITX has 1.42% 1-year volatility. There are 46 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 | NSITX vs DFABX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | NSITX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | NSITX vs USMTX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | NSITX vs DFCMX | |
| DFA Short Term Municipal Bond Portfolio | 0.61% | — | Aug 2002 | NSITX vs DFSMX |
Lowest Drawdown Alternatives to NSITX
NSITX has a 1-year max drawdown of -1.48%. There are 47 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 | NSITX vs BATVX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | NSITX vs FHMIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | NSITX vs TFCYX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | NSITX vs ATOIX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.10% | — | Dec 2017 | NSITX vs APUSX |
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 | 83 | 12.80% | — | Mar 1994 | NSITX vs NOIEX | |
| Northern Stock Index Fund | Large Cap Blend Equities | 74 | 11.68% | — | Oct 1996 | NSITX vs NOSIX | |
| Northern High Yield Fixed Income Fund | High Yield Bonds | 81 | 1.87% | — | Dec 1998 | NSITX vs NHFIX | |
| Northern Global Sustainability Index Fund | Global Equities | 53 | 9.87% | — | Mar 2008 | NSITX vs NSRIX | |
| Northern International Equity Index Fund | Foreign Large Cap Equities | 27 | 9.68% | — | Mar 2005 | NSITX vs NOINX | |
| Northern Small Cap Value Fund | Small Cap Value Equities | 65 | 16.32% | — | Mar 1994 | NSITX vs NOSGX | |
| Northern Small Cap Core Fund | Small Cap Blend Equities | 64 | 16.84% | — | Sep 1999 | NSITX vs NSGRX | |
| Northern Large Cap Core Fund | Large Cap Blend Equities | 83 | 10.82% | — | Dec 2005 | NSITX vs NOLCX | |
| Northern Bond Index Fund | Intermediate Core Bond | 19 | 0.04% | — | Feb 2007 | NSITX vs NOBOX | |
| Northern Mid Cap Index Fund | Mid Cap Blend Equities | 45 | 14.18% | — | Mar 2005 | NSITX vs NOMIX |
Often Compared With NSITX
Investors most often compare NSITX with MUJ, FXIEX, NSIDX. These 7 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BlackRock MuniHoldings New Jersey Quality Fund | Municipal Bonds | 44 | 4.64% | — | Mar 1998 | NSITX vs MUJ | |
| PIMCO Fixed Income SHares: Series TE | Municipal Bonds | 78 | 1.81% | — | Jun 2012 | NSITX vs FXIEX | |
| Northern Small Cap Index Fund | Small Cap Blend Equities | 65 | 18.68% | — | Sep 1999 | NSITX vs NSIDX | |
| Northern Core Bond Fund | Intermediate Core Bond | 20 | -0.01% | — | Mar 2001 | NSITX vs NOCBX | |
| BlackRock MuniYield Pennsylvania Quality Fund | Municipal Bonds | 22 | 3.87% | — | Nov 1992 | NSITX vs MPA | |
| Nuveen Pennsylvania Quality Municipal Income | Municipal Bonds | — | — | — | Feb 1991 | NSITX vs NQP | |
| Strategic Advisers Tax-Sensitive Short Duration Fu... | Municipal Bonds | 96 | 0.67% | — | Dec 2017 | NSITX vs FGNSX |
Compare NSITX with Any Fund or Stock
Compare NSITX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NSITX with funds that move differently
Northern Limited Term Tax-Exempt Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NSITX.
Explore NSITX Diversifiers