Schwab Opportunistic Municipal Bond Fund (SWHYX) 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 SWHYX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SWHYX
SWHYX charges 0.50% annually. There are 152 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 | SWHYX vs LSMSX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | SWHYX vs NMTRX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | SWHYX vs FHMIX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | SWHYX vs VTMFX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | SWHYX vs FSMUX |
Best Risk-Adjusted Alternatives to SWHYX
SWHYX has a PortfoliosLab risk / return rank of 81. There are 145 mutual funds in the Municipal Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Ultra Short Municipal Income Fund | 100 | — | Dec 2002 | SWHYX vs ATOIX | |
| DFA Short Term Municipal Bond Portfolio | 100 | — | Aug 2002 | SWHYX vs DFSMX | |
| DFA Short-Term Selective State Municipal Bond Port... | 100 | — | Apr 2022 | SWHYX vs DFABX | |
| Federated Hermes Conservative Municipal Microshort... | 99 | — | Feb 2021 | SWHYX vs FHMIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | 99 | — | Apr 2016 | SWHYX vs TFCYX |
Top Performing SWHYX Alternatives (YTD)
SWHYX is at 0.54% YTD. There are 190 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 11.94%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 11.94% | — | Apr 1998 | SWHYX vs NMI | |
| BlackRock MuniYield Michigan Quality Fund | 7.21% | — | Oct 1992 | SWHYX vs MIY | |
| Nuveen New York AMT Free Quality Municipal Income | 7.15% | — | Nov 2002 | SWHYX vs NRK | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 4.67% | 12.30B | Sep 1994 | SWHYX vs VTMFX | |
| AllianceBernstein National Municipal Income Fund | 3.80% | — | Nov 2001 | SWHYX vs AFB |
Lowest Volatility Alternatives to SWHYX
SWHYX has 3.00% 1-year volatility. There are 316 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 | SWHYX vs DFSMX | |
| DFA Short-Term Selective State Municipal Bond Port... | 0.56% | — | Apr 2022 | SWHYX vs DFABX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | SWHYX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.63% | — | May 2016 | SWHYX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.65% | — | May 2016 | SWHYX vs USMTX |
Lowest Drawdown Alternatives to SWHYX
SWHYX has a 1-year max drawdown of -2.78%. There are 236 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 | SWHYX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | SWHYX vs ATOIX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | SWHYX vs FHMIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | SWHYX vs TFCYX | |
| DFA Short Term Municipal Bond Portfolio | -0.11% | — | Aug 2002 | SWHYX vs DFSMX |
Other Mutual Funds from Charles Schwab
The 10 most viewed Charles Schwab mutual funds shown here include SWPPX, SWVXX, SWTSX and span 8 categories. AUM among these funds goes as high as $247B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Schwab S&P 500 Index Fund | Large Cap Blend Equities, S&P 500 | 59 | 10.09% | 144.34B | May 1997 | SWHYX vs SWPPX | |
| Schwab Prime Advantage Money Fund Investor Shares | Money Market | — | 1.74% | 247.33B | Apr 1992 | SWHYX vs SWVXX | |
| Schwab Total Stock Market Index Fund | Large Cap Blend Equities | 58 | 10.49% | 44.09B | Jun 1999 | SWHYX vs SWTSX | |
| Schwab U.S. Large-Cap Growth Index Fund | Large Cap Growth Equities | 10 | 0.29% | 4.75B | Dec 2017 | SWHYX vs SWLGX | |
| Schwab International Index Fund | Foreign Large Cap Equities | 62 | 11.84% | 14.81B | May 1997 | SWHYX vs SWISX | |
| Schwab U.S. Aggregate Bond Index Fund | Total Bond Market | 13 | -0.96% | 8.24B | — | SWHYX vs SWAGX | |
| Schwab 1000 Index Fund | Large Cap Blend Equities | 56 | 10.31% | 22.19B | Apr 1991 | SWHYX vs SNXFX | |
| Schwab Fundamental US Large Company Index Fund | Large Cap Value Equities | 96 | 17.46% | 13.18B | Apr 2007 | SWHYX vs SFLNX | |
| Schwab Large-Cap Growth Fund™ | Large Cap Growth Equities | 17 | 5.00% | 598.86M | Oct 2005 | SWHYX vs SWLSX | |
| Schwab Small-Cap Index Fund-Select Shares | Small Cap Blend Equities | 76 | 18.88% | 7.55B | May 1997 | SWHYX vs SWSSX |
Often Compared With SWHYX
Investors most often compare SWHYX with SWNTX, VWAHX, SWRSX. These 18 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare SWHYX with Any Fund or Stock
Compare SWHYX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SWHYX with funds that move differently
Schwab Opportunistic Municipal Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SWHYX.
Explore SWHYX Diversifiers