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 | |
|---|---|---|---|---|---|
| Schwab Municipal Bond ETF | 0.03% | 4.00B | Oct 2022 | TAXM vs SCMB | |
| Vanguard Tax-Exempt Bond ETF | 0.03% | 47.60B | Aug 2015 | TAXM vs VTEB | |
| Northern Trust Short-Term Tax-Exempt Bond ETF | 0.05% | 126.55M | Aug 2025 | TAXM vs TAXS | |
| Northern Trust Intermediate Tax-Exempt Bond ETF | 0.05% | 163.46M | Aug 2025 | TAXM vs TAXI | |
| Northern Trust Tax-Exempt Bond ETF | 0.05% | 60.72M | Aug 2025 | TAXM vs TAXT |
Best Risk-Adjusted Alternatives to TAXM
TAXM has a PortfoliosLab risk / return rank of 73. There are 75 ETFs in the Municipal Bonds category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Ultra Short Duration Municipal ETF | 97 | 245.94M | Nov 2018 | TAXM vs FUMB | |
| State Street My2027 Municipal Bond ETF | 97 | 8.64M | Sep 2024 | TAXM vs MYMG | |
| Allspring Ultra Short Municipal ETF | 97 | 30.06M | Jul 2025 | TAXM vs AUSM | |
| State Street My2026 Municipal Bond ETF | 97 | 8.73M | Sep 2024 | TAXM vs MYMF | |
| iShares Short Maturity Municipal Bond ETF | 96 | 1.41B | Mar 2015 | TAXM vs MEAR |
Top Performing TAXM Alternatives (YTD)
TAXM is at 1.37% YTD. There are 90 ETFs in the Municipal Bonds category with higher YTD returns, going as high as 4.58%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Xtrackers Municipal Infrastructure Revenue Bond ET... | 4.58% | 143.84M | Jun 2013 | TAXM vs RVNU | |
| Overlay Shares Municipal Bond ETF | 4.10% | 30.60M | Sep 2019 | TAXM vs OVM | |
| T. Rowe Price High Income Municipal ETF | 4.04% | 25.42M | Nov 2025 | TAXM vs THYM | |
| First Trust Flexible Municipal High Income ETF | 3.99% | 20.73M | Sep 2016 | TAXM vs MFLX | |
| Rareview Tax Advantaged Income ETF | 3.89% | 18.13M | Oct 2020 | TAXM vs RTAI |
Lowest Volatility Alternatives to TAXM
TAXM has 2.68% 1-year volatility. There are 68 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% | 33.31M | Sep 2025 | TAXM vs ZMUN | |
| State Street My2026 Municipal Bond ETF | 0.71% | 8.73M | Sep 2024 | TAXM vs MYMF | |
| iShares Short-Term California Muni Active ETF | 0.72% | 408.07M | Oct 2007 | TAXM vs CALI | |
| Allspring Ultra Short Municipal ETF | 0.74% | 30.06M | Jul 2025 | TAXM vs AUSM | |
| First Trust Ultra Short Duration Municipal ETF | 0.79% | 245.94M | Nov 2018 | TAXM vs FUMB |
Lowest Drawdown Alternatives to TAXM
TAXM has a 1-year max drawdown of -2.70%. There are 62 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% | 245.94M | Nov 2018 | TAXM vs FUMB | |
| Invesco BulletShares 2026 Municipal Bond ETF | -0.30% | 283.20M | Sep 2019 | TAXM vs BSMQ | |
| State Street My2027 Municipal Bond ETF | -0.36% | 8.64M | Sep 2024 | TAXM vs MYMG | |
| Goldman Sachs Ultra Short Municipal Income ETF | -0.36% | 38.99M | Jul 2024 | TAXM vs GUMI | |
| iShares iBonds Dec 2026 Term Muni Bond ETF | -0.38% | 581.67M | Apr 2019 | TAXM vs IBMO |
Other ETFs from BondBloxx
The 10 most viewed BondBloxx ETFs shown here include HYSA, XHLF, XCCC and span 6 categories. AUM among these funds goes as high as $2B.
Often Compared With TAXM
Investors most often compare TAXM with DBE, MLN, BCI. 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