DWS Strategic High Yield Tax (SHYTX) Alternatives
DWS Strategic High Yield Tax (SHYTX) belongs to the High Yield Muni category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with SHYTX. 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 SHYTX
SHYTX charges 0.59% annually. Among mutual funds in the High Yield Muni category, these options have the lowest expense ratios among SHYTX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| BlackRock Allocation Target Shares Series E Portfo... | 0.11% | Aug 3, 2014 | SHYTX vs BATEX | |
| Eaton Vance High Yield Municipal Income Fund Class... | 0.18% | May 9, 2007 | SHYTX vs EWHYX | |
| American High-Income Municipal Bond Fund Class F-3 | 0.31% | Jan 27, 2017 | SHYTX vs HIMFX | |
| American High-Income Municipal Bond Fund Class F-2 | 0.42% | Aug 1, 2008 | SHYTX vs AHMFX | |
| Lord Abbett Short Duration High Income Municipal B... | 0.50% | Jun 14, 2015 | SHYTX vs SDHIX |
Best Risk-Adjusted Alternatives to SHYTX
Among mutual funds in the High Yield Muni 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 | |
|---|---|---|---|---|
| Counterpoint Tactical Municipal Fund | 83 | Jun 10, 2018 | SHYTX vs TMNIX | |
| Lord Abbett Short Duration High Income Municipal B... | 70 | Jun 14, 2015 | SHYTX vs SDHIX | |
| T. Rowe Price Tax Free High Yield Fund | 65 | Feb 28, 1985 | SHYTX vs PRFHX | |
| Invesco Short Duration High Yield Municipal Fund | 54 | Sep 29, 2015 | SHYTX vs ISHYX | |
| AB Municipal Income Shares | 43 | Aug 31, 2010 | SHYTX vs MISHX |
Top Performing SHYTX Alternatives (YTD)
SHYTX alternatives from the High Yield Muni category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Nuveen Municipal High Income Opportunity Fund | 3.79% | Nov 19, 2003 | SHYTX vs NMZ | |
| T. Rowe Price Tax Free High Yield Fund | 0.17% | Feb 28, 1985 | SHYTX vs PRFHX | |
| Invesco Short Duration High Yield Municipal Fund | 0.13% | Sep 29, 2015 | SHYTX vs ISHYX | |
| Redwood Managed Municipal Income Fund | 0.01% | Mar 8, 2017 | SHYTX vs RWMIX | |
| Eaton Vance High Yield Municipal Income Fund Class... | 0.00% | May 9, 2007 | SHYTX vs EWHYX |
Lowest Volatility Alternatives to SHYTX
SHYTX alternatives from the High Yield Muni category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Counterpoint Tactical Municipal Fund | 2.35% | Jun 10, 2018 | SHYTX vs TMNIX | |
| Lord Abbett Short Duration High Income Municipal B... | 3.46% | Jun 14, 2015 | SHYTX vs SDHIX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | 3.77% | Jan 31, 2013 | SHYTX vs NVHIX | |
| Invesco Short Duration High Yield Municipal Fund | 3.83% | Sep 29, 2015 | SHYTX vs ISHYX | |
| Redwood Managed Municipal Income Fund | 3.89% | Mar 8, 2017 | SHYTX vs RWMIX |
Lowest Drawdown Alternatives to SHYTX
SHYTX alternatives from the High Yield Muni category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Counterpoint Tactical Municipal Fund | -2.21% | Jun 10, 2018 | SHYTX vs TMNIX | |
| Lord Abbett Short Duration High Income Municipal B... | -3.22% | Jun 14, 2015 | SHYTX vs SDHIX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | -3.63% | Jan 31, 2013 | SHYTX vs NVHIX | |
| Invesco Short Duration High Yield Municipal Fund | -3.79% | Sep 29, 2015 | SHYTX vs ISHYX | |
| abrdn Short Duration High Yield Municipal Fund | -3.81% | May 30, 2013 | SHYTX vs AHYMX |
Other Mutual Funds from DWS
Most popular DWS mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| DWS RREEF Real Assets Fund - Class A | Diversified Portfolio | 81 | 8.59% | Jul 30, 2007 | SHYTX vs AAAAX | |
| DWS Science and Technology Fund | Technology Equities | 37 | -12.14% | Sep 6, 1948 | SHYTX vs KTCAX | |
| DWS RREEF Real Assets Fund | Global Allocation | 82 | 8.70% | Jul 29, 2007 | SHYTX vs AAAZX | |
| DWS Core Equity Fund | Large Cap Blend Equities | 40 | -7.39% | May 31, 1929 | SHYTX vs SCDGX | |
| DWS Emerging Markets Equity Fund | Emerging Markets Diversified | 65 | -1.44% | May 7, 1996 | SHYTX vs SEMGX | |
| DWS International Growth Fund | Foreign Large Cap Equities | 12 | -7.80% | Jul 22, 1986 | SHYTX vs SCOBX | |
| DWS Equity 500 Index Fund | Large Cap Blend Equities | 43 | -7.10% | Dec 31, 1992 | SHYTX vs BTIIX | |
| DWS CROCI International Fund | Foreign Large Cap Equities | 85 | 1.17% | Jun 17, 1953 | SHYTX vs SCINX | |
| DWS CROCI Equity Dividend Fd | Large Cap Value Equities | 10 | 1.39% | Mar 18, 1988 | SHYTX vs KDHAX | |
| DWS Capital Growth Fund | Large Cap Growth Equities | 9 | -14.32% | Jul 14, 2000 | SHYTX vs SCGSX |
Often Compared With SHYTX
What investors most often compare with SHYTX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Brown Advisory Tax Exempt Bond Fund | Municipal Bonds | 70 | -0.69% | Jun 28, 2012 | SHYTX vs BIAEX | |
| BNY Mellon High Yield Municipal Bond Fund | High Yield Muni | 16 | -0.39% | Sep 29, 2005 | SHYTX vs DHMBX | |
| American High-Income Municipal Bond Fund | High Yield Muni | 38 | -0.51% | Sep 25, 1994 | SHYTX vs AMHIX | |
| Franklin Income Fund Class A1 | Diversified Portfolio | 82 | 2.15% | — | SHYTX vs FKINX | |
| DWS Managed Municipal Bond Fund | Municipal Bonds | 36 | -0.34% | Oct 13, 1976 | SHYTX vs SCMBX |
Compare SHYTX with Any Fund or Stock
Compare SHYTX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.