BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents (TAXM) 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 TAXM. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to TAXM
TAXM charges 0.35% annually. There are 100 ETFs in the Municipal Bonds category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Tax-Exempt Bond ETF | 0.03% | 48.80B | Aug 2015 | TAXM vs VTEB | |
| Schwab Municipal Bond ETF | 0.03% | 3.91B | Oct 2022 | TAXM vs SCMB | |
| Fidelity Systematic Municipal Bond Index ETF | 0.05% | 183.09M | Jul 2019 | TAXM vs FMUN | |
| Northern Trust Short-Term Tax-Exempt Bond ETF | 0.05% | 128.05M | Aug 2025 | TAXM vs TAXS | |
| Northern Trust Intermediate Tax-Exempt Bond ETF | 0.05% | 163.75M | Aug 2025 | TAXM vs TAXI |
Best Risk-Adjusted Alternatives to TAXM
TAXM has a PortfoliosLab risk / return rank of 63. There are 87 ETFs in the Municipal Bonds category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| State Street My2026 Municipal Bond ETF | 97 | 8.74M | Sep 2024 | TAXM vs MYMF | |
| State Street My2027 Municipal Bond ETF | 97 | 8.63M | Sep 2024 | TAXM vs MYMG | |
| Allspring Ultra Short Municipal ETF | 97 | 30.06M | Jul 2025 | TAXM vs AUSM | |
| First Trust Ultra Short Duration Municipal ETF | 97 | 246.36M | Nov 2018 | TAXM vs FUMB | |
| Goldman Sachs Ultra Short Municipal Income ETF | 97 | 50.32M | Jul 2024 | TAXM vs GUMI |
Top Performing TAXM Alternatives (YTD)
TAXM is at 0.14% YTD. There are 113 ETFs in the Municipal Bonds category with higher YTD returns, going as high as 3.71%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| X-Square Municipal Income Tax Free ETF | 3.71% | 4.54M | May 2023 | TAXM vs ZTAX | |
| NYLI MacKay Muni Allocation ETF | 2.42% | 28.01M | Dec 2025 | TAXM vs MMMA | |
| Xtrackers Municipal Infrastructure Revenue Bond ET... | 2.38% | 141.61M | Jun 2013 | TAXM vs RVNU | |
| Overlay Shares Municipal Bond ETF | 2.26% | 30.60M | Sep 2019 | TAXM vs OVM | |
| T. Rowe Price High Income Municipal ETF | 2.25% | 26.34M | Nov 2025 | TAXM vs THYM |
Lowest Volatility Alternatives to TAXM
TAXM has 2.79% 1-year volatility. There are 74 ETFs in the Municipal Bonds category with lower 1-year volatility, going as low as 0.54%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| F/m Ultrashort Tax-Free Municipal ETF | 0.54% | 34.79M | Sep 2025 | TAXM vs ZMUN | |
| State Street My2026 Municipal Bond ETF | 0.69% | 8.74M | Sep 2024 | TAXM vs MYMF | |
| iShares Short-Term California Muni Active ETF | 0.72% | 427.40M | Oct 2007 | TAXM vs CALI | |
| Allspring Ultra Short Municipal ETF | 0.76% | 30.06M | Jul 2025 | TAXM vs AUSM | |
| First Trust Ultra Short Duration Municipal ETF | 0.84% | 246.36M | Nov 2018 | TAXM vs FUMB |
Lowest Drawdown Alternatives to TAXM
TAXM has a 1-year max drawdown of -2.70%. There are 63 ETFs in the Municipal Bonds category with shallower 1-year drawdowns, going as shallow as -0.22%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Ultra Short Duration Municipal ETF | -0.22% | 246.36M | Nov 2018 | TAXM vs FUMB | |
| Invesco BulletShares 2026 Municipal Bond ETF | -0.30% | 270.65M | Sep 2019 | TAXM vs BSMQ | |
| Goldman Sachs Ultra Short Municipal Income ETF | -0.36% | 50.32M | Jul 2024 | TAXM vs GUMI | |
| State Street My2027 Municipal Bond ETF | -0.36% | 8.63M | Sep 2024 | TAXM vs MYMG | |
| State Street My2026 Municipal Bond ETF | -0.38% | 8.74M | Sep 2024 | TAXM vs MYMF |
Other ETFs from BondBloxx
The 10 most viewed BondBloxx ETFs shown here include HYSA, XHLF, XCCC and span 7 categories. AUM among these funds goes as high as $2B.
Often Compared With TAXM
Investors most often compare TAXM with DBE, MLN, BIL. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare TAXM with Any Fund or Stock
Compare TAXM with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair TAXM with funds that move differently
BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TAXM.
Explore TAXM Diversifiers