Old Westbury New York Municipal Bond Fund (OWNYX) Alternatives
Old Westbury New York Municipal Bond Fund (OWNYX) 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 OWNYX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to OWNYX
OWNYX charges 0.57% annually. Among mutual funds in the Municipal Bonds category, these options have the lowest expense ratios among OWNYX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Western Asset SMASh Series TF Fund | 0.01% | Dec 22, 2015 | OWNYX vs LSMSX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | May 30, 2007 | OWNYX vs NMTRX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | Feb 2, 2021 | OWNYX vs FHMIX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | Jun 24, 2021 | OWNYX vs FSMUX | |
| Strategic Advisers Tax-Sensitive Short Duration Fu... | 0.07% | Dec 27, 2017 | OWNYX vs FGNSX |
Best Risk-Adjusted Alternatives to OWNYX
Among mutual funds in the Municipal Bonds category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| abrdn Ultra Short Municipal Income Fund | 100 | Dec 4, 2002 | OWNYX vs ATOIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | 99 | Apr 21, 2016 | OWNYX vs TFCYX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | 99 | Dec 25, 2017 | OWNYX vs APUSX | |
| Federated Hermes Conservative Municipal Microshort... | 99 | Feb 2, 2021 | OWNYX vs FHMIX | |
| JPMorgan Ultra-Short Municipal Fund | 99 | May 30, 2016 | OWNYX vs USMTX |
Top Performing OWNYX Alternatives (YTD)
OWNYX alternatives from the Municipal Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 5.52% | Apr 20, 1998 | OWNYX vs NMI | |
| Nuveen Virginia Quality Municipal Income Fund | 4.94% | Mar 18, 1993 | OWNYX vs NPV | |
| Nuveen New York AMT Free Quality Municipal Income | 4.26% | Nov 21, 2002 | OWNYX vs NRK | |
| BlackRock MuniYield Michigan Quality Fund | 3.67% | Oct 30, 1992 | OWNYX vs MIY | |
| Nuveen Pennsylvania Quality Municipal Income | 2.14% | Feb 21, 1991 | OWNYX vs NQP |
Lowest Volatility Alternatives to OWNYX
OWNYX alternatives from the Municipal Bonds category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| DFA Short Term Municipal Bond Portfolio | 0.68% | Aug 19, 2002 | OWNYX vs DFSMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.69% | May 31, 2016 | OWNYX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.70% | May 30, 2016 | OWNYX vs USMTX | |
| DFA Short-Term Selective State Municipal Bond Port... | 0.71% | Apr 11, 2022 | OWNYX vs DFABX | |
| BlackRock Allocation Target Shares | 0.76% | May 20, 2021 | OWNYX vs BATVX |
Lowest Drawdown Alternatives to OWNYX
OWNYX alternatives from the Municipal Bonds category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| BlackRock Allocation Target Shares | 0.00% | May 20, 2021 | OWNYX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | Dec 4, 2002 | OWNYX vs ATOIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | Apr 21, 2016 | OWNYX vs TFCYX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.20% | Dec 25, 2017 | OWNYX vs APUSX | |
| Federated Hermes Conservative Municipal Microshort... | -0.20% | Feb 2, 2021 | OWNYX vs FHMIX |
Other Mutual Funds from Old Westbury
Most popular Old Westbury mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Old Westbury All Cap Core Fund | Large Cap Growth Equities | 15 | -4.89% | Mar 2, 1998 | OWNYX vs OWACX | |
| Old Westbury Large Cap Strategies Fund | Global Equities | 40 | -3.72% | Oct 21, 1993 | OWNYX vs OWLSX | |
| Old Westbury Fixed Income Fund | Intermediate Core Bond | 71 | -0.10% | Mar 12, 1998 | OWNYX vs OWFIX | |
| Old Westbury Small & Mid Cap Strategies Fund | Global Equities | 63 | 1.26% | Apr 4, 2005 | OWNYX vs OWSMX | |
| Old Westbury California Municipal Bond Fund | Municipal Bonds | 45 | -0.63% | Dec 3, 2018 | OWNYX vs OWCAX | |
| Old Westbury Municipal Bond Fund | Municipal Bonds | 39 | -0.50% | Mar 5, 1998 | OWNYX vs OWMBX | |
| Old Westbury Credit Income Fund | Multisector Bonds | 51 | 0.06% | Sep 30, 2020 | OWNYX vs OWCIX |
Compare OWNYX with Any Fund or Stock
Compare OWNYX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.