American Century Diversified Municipal Bond ETF (TAXF) Alternatives

American Century Diversified Municipal Bond ETF (TAXF) belongs to the Municipal Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with TAXF. 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 TAXF

TAXF charges 0.29% annually. Among ETFs in the Municipal Bonds category, these options have the lowest expense ratios among TAXF alternatives.

Symbol	Name	Expense Ratio	Inception
SCMB	Schwab Municipal Bond ETF	0.03%	Oct 11, 2022	TAXF vs SCMB
FMUN	Fidelity Systematic Municipal Bond Index ETF	0.05%	Jul 11, 2019	TAXF vs FMUN
VTEB	Vanguard Tax-Exempt Bond ETF	0.05%	Aug 21, 2015	TAXF vs VTEB
SUB	iShares Short-Term National Muni Bond ETF	0.07%	Nov 5, 2008	TAXF vs SUB
VTES	Vanguard Short-Term Tax-Exempt Bond ETF Shares	0.07%	Mar 8, 2023	TAXF vs VTES

Best Risk-Adjusted Alternatives to TAXF

Among ETFs 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
GUMI	Goldman Sachs Ultra Short Municipal Income ETF	98	Jul 23, 2024	TAXF vs GUMI
FUMB	First Trust Ultra Short Duration Municipal ETF	97	Nov 1, 2018	TAXF vs FUMB
MEAR	iShares Short Maturity Municipal Bond ETF	97	Mar 3, 2015	TAXF vs MEAR
PUSH	PGIM Ultra Short Municipal Bond ETF	95	Jun 24, 2024	TAXF vs PUSH
CALI	iShares Short-Term California Muni Active ETF	95	Oct 4, 2007	TAXF vs CALI

Top Performing TAXF Alternatives (YTD)

TAXF alternatives from the Municipal Bonds category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
OVM	Overlay Shares Municipal Bond ETF	1.20%	Sep 30, 2019	TAXF vs OVM
RVNU	Xtrackers Municipal Infrastructure Revenue Bond ET...	1.00%	Jun 4, 2013	TAXF vs RVNU
ZTAX	X-Square Municipal Income Tax Free ETF	0.90%	May 18, 2023	TAXF vs ZTAX
GUMI	Goldman Sachs Ultra Short Municipal Income ETF	0.72%	Jul 23, 2024	TAXF vs GUMI
FUMB	First Trust Ultra Short Duration Municipal ETF	0.64%	Nov 1, 2018	TAXF vs FUMB

Lowest Volatility Alternatives to TAXF

TAXF alternatives from the Municipal Bonds category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
IBMM	iShares iBonds Dec 2024 Term Muni Bond ETF	0.00%	Mar 20, 2018	TAXF vs IBMM
FUMB	First Trust Ultra Short Duration Municipal ETF	1.03%	Nov 1, 2018	TAXF vs FUMB
CALI	iShares Short-Term California Muni Active ETF	1.09%	Oct 4, 2007	TAXF vs CALI
AMUN	abrdn Ultra Short Municipal Income Active ETF	1.12%	Oct 20, 2025	TAXF vs AMUN
GUMI	Goldman Sachs Ultra Short Municipal Income ETF	1.15%	Jul 23, 2024	TAXF vs GUMI

Lowest Drawdown Alternatives to TAXF

TAXF alternatives from the Municipal Bonds category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
GUMI	Goldman Sachs Ultra Short Municipal Income ETF	-0.48%	Jul 23, 2024	TAXF vs GUMI
FUMB	First Trust Ultra Short Duration Municipal ETF	-0.60%	Nov 1, 2018	TAXF vs FUMB
CALI	iShares Short-Term California Muni Active ETF	-0.78%	Oct 4, 2007	TAXF vs CALI
PUSH	PGIM Ultra Short Municipal Bond ETF	-0.85%	Jun 24, 2024	TAXF vs PUSH
MEAR	iShares Short Maturity Municipal Bond ETF	-0.86%	Mar 3, 2015	TAXF vs MEAR

Other ETFs from American Century

Most popular American Century ETFs on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
AVUS	Avantis U.S. Equity ETF	Large Cap Growth Equities, Actively Managed	73	-0.32%	Sep 24, 2019	TAXF vs AVUS
AVDE	Avantis International Equity ETF	Foreign Large Cap Equities	90	3.18%	Sep 24, 2019	TAXF vs AVDE
AVEM	Avantis Emerging Markets Equity ETF	Foreign Large Cap Equities	90	4.70%	Sep 17, 2019	TAXF vs AVEM
AVLV	Avantis U.S. Large Cap Value ETF	Large Cap Value Equities	79	6.69%	Sep 21, 2021	TAXF vs AVLV
AVES	Avantis Emerging Markets Value ETF	Emerging Markets Equities, Actively Managed	86	2.97%	Sep 28, 2021	TAXF vs AVES
QGRO	American Century STOXX U.S. Quality Growth ETF	Large Cap Growth Equities	36	-8.26%	Sep 10, 2018	TAXF vs QGRO
FDG	American Century Focused Dynamic Growth ETF	Global Equities, Actively Managed	64	-10.09%	Mar 31, 2020	TAXF vs FDG
AVIG	Avantis Core Fixed Income ETF	Corporate Bonds, Actively Managed	63	-0.20%	Oct 13, 2020	TAXF vs AVIG
AVLC	Avantis U.S. Large Cap Equity ETF	Large Cap Blend Equities	72	-1.17%	Sep 26, 2023	TAXF vs AVLC
QINT	American Century Quality Diversified International...	Foreign Large Cap Equities	87	1.99%	Sep 10, 2018	TAXF vs QINT

Often Compared With TAXF

What investors most often compare with TAXF, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
FTABX	Fidelity Tax-Free Bond Fund	Municipal Bonds	56	-0.77%	Apr 10, 2001	TAXF vs FTABX
JMST	JPMorgan Ultra-Short Municipal Income ETF	Ultrashort Bond	98	0.50%	Oct 16, 2018	TAXF vs JMST
ECNS	iShares MSCI China Small-Cap ETF	Asia Pacific Equities, China Equities	52	-0.77%	Sep 28, 2010	TAXF vs ECNS
FDL	First Trust Morningstar Dividend Leaders Index Fun...	Large Cap Value Equities, Dividend	79	15.49%	Mar 9, 2006	TAXF vs FDL
COMT	iShares Commodities Select Strategy ETF	Commodities, Actively Managed	89	35.81%	Oct 15, 2014	TAXF vs COMT
XOMO	YieldMax XOM Option Income Strategy ETF	Derivative Income, Actively Managed, Dividend	67	28.99%	Aug 30, 2023	TAXF vs XOMO
MRNY	YieldMax MRNA Option Income Strategy ETF	Derivative Income, Dividend, Actively Managed	54	57.12%	Oct 23, 2023	TAXF vs MRNY
MUB	iShares National AMT-Free Muni Bond ETF	Municipal Bonds	54	-0.37%	Sep 7, 2007	TAXF vs MUB
DWAT	Arrow DWA Tactical ETF	Diversified Portfolio, Actively Managed	—	—	Oct 1, 2014	TAXF vs DWAT
FTSD	Franklin Short Duration U.S. Government ETF	Mortgage Backed Securities, Actively Managed	97	0.40%	Nov 4, 2013	TAXF vs FTSD
PDBC	Invesco Optimum Yield Diversified Commodity Strate...	Commodities, Actively Managed	85	30.72%	Nov 7, 2014	TAXF vs PDBC
QCON	American Century Quality Convertible Securities ET...	Corporate Bonds, Actively Managed	—	—	Feb 16, 2021	TAXF vs QCON
VCLN	Virtus Duff & Phelps Clean Energy ETF	Actively Managed, Sustainable	96	9.96%	Aug 3, 2021	TAXF vs VCLN
CA	Xtrackers California Municipal Bond ETF	Municipal Bonds	45	-0.08%	Dec 13, 2023	TAXF vs CA
FAAR	First Trust Alternative Absolute Return Strategy E...	Commodities, Actively Managed	86	24.94%	May 18, 2016	TAXF vs FAAR

Compare TAXF with Any Fund or Stock

Compare TAXF with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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American Century Diversified Municipal Bond ETF

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