Spirit of America Municipal Tax Free Bond Fund (SOAMX) 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 SOAMX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SOAMX
SOAMX charges 0.92% annually. There are 435 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 | SOAMX vs LSMSX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | SOAMX vs NMTRX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | SOAMX vs FHMIX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | SOAMX vs VTMFX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | SOAMX vs FSMUX |
Best Risk-Adjusted Alternatives to SOAMX
SOAMX has a PortfoliosLab risk / return rank of 63. There are 274 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 | SOAMX vs DFSMX | |
| abrdn Ultra Short Municipal Income Fund | 100 | — | Dec 2002 | SOAMX vs ATOIX | |
| DFA Short-Term Selective State Municipal Bond Port... | 99 | — | Apr 2022 | SOAMX vs DFABX | |
| Federated Hermes Conservative Municipal Microshort... | 99 | — | Feb 2021 | SOAMX vs FHMIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | 99 | — | Apr 2016 | SOAMX vs TFCYX |
Top Performing SOAMX Alternatives (YTD)
SOAMX is at 0.05% YTD. There are 335 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 10.88%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 10.88% | — | Apr 1998 | SOAMX vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 6.63% | — | Nov 2002 | SOAMX vs NRK | |
| BlackRock MuniYield Michigan Quality Fund | 5.90% | — | Oct 1992 | SOAMX vs MIY | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 4.67% | 12.30B | Sep 1994 | SOAMX vs VTMFX | |
| BlackRock MuniHoldings New Jersey Quality Fund | 3.83% | — | Mar 1998 | SOAMX vs MUJ |
Lowest Volatility Alternatives to SOAMX
SOAMX has 2.58% 1-year volatility. There are 198 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.54%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short Term Municipal Bond Portfolio | 0.54% | — | Aug 2002 | SOAMX vs DFSMX | |
| DFA Short-Term Selective State Municipal Bond Port... | 0.57% | — | Apr 2022 | SOAMX vs DFABX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | SOAMX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.63% | — | May 2016 | SOAMX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.65% | — | May 2016 | SOAMX vs USMTX |
Lowest Drawdown Alternatives to SOAMX
SOAMX has a 1-year max drawdown of -2.19%. There are 93 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 | SOAMX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | SOAMX vs ATOIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | SOAMX vs TFCYX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | SOAMX vs FHMIX | |
| DFA Short Term Municipal Bond Portfolio | -0.11% | — | Aug 2002 | SOAMX vs DFSMX |
Other Mutual Funds from Spirit of America
The 4 most viewed Spirit of America mutual funds shown here include SOAAX, SOAIX, SOAEX and span 4 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Spirit of America Real Estate Income & Growth Fund | REIT | 54 | 17.84% | — | Jan 1998 | SOAMX vs SOAAX | |
| Spirit of America Income Fund | Long-Term Bond | 18 | -0.32% | — | Dec 2008 | SOAMX vs SOAIX | |
| Spirit of America Energy Fund | Energy Equities | 83 | 32.89% | — | Jul 2014 | SOAMX vs SOAEX | |
| Spirit of America Large Cap Value Fund | Large Cap Blend Equities | 43 | 11.31% | — | Aug 2002 | SOAMX vs SOAVX |
Often Compared With SOAMX
Investors most often compare SOAMX with NPV, MUC, APUSX. These 9 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Nuveen Virginia Quality Municipal Income Fund | Municipal Bonds | 16 | 1.08% | — | Mar 1993 | SOAMX vs NPV | |
| BlackRock MuniHoldings California Quality Fund | Municipal Bonds | 43 | 3.62% | — | Feb 1998 | SOAMX vs MUC | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | Municipal Bonds | 19 | 0.90% | — | Dec 2017 | SOAMX vs APUSX | |
| DFA NY Municipal Bond Portfolio | Municipal Bonds | 99 | 1.21% | — | Jun 2015 | SOAMX vs DNYMX | |
| PIMCO Fixed Income SHares: Series TE | Municipal Bonds | 80 | 0.76% | — | Jun 2012 | SOAMX vs FXIEX | |
| AllianceBernstein National Municipal Income Fund | Municipal Bonds | 56 | 3.80% | — | Nov 2001 | SOAMX vs AFB | |
| BlackRock MuniYield Pennsylvania Quality Fund | Municipal Bonds | 25 | 1.78% | — | Nov 1992 | SOAMX vs MPA | |
| BlackRock MuniYield Quality Fund | Municipal Bonds | 21 | 2.86% | — | Jul 1992 | SOAMX vs MQY | |
| Strategic Advisers Tax-Sensitive Short Duration Fu... | Municipal Bonds | 95 | 0.82% | — | Dec 2017 | SOAMX vs FGNSX |
Compare SOAMX with Any Fund or Stock
Compare SOAMX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SOAMX with funds that move differently
Spirit of America Municipal Tax Free Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SOAMX.
Explore SOAMX Diversifiers