Touchstone Core Municipal Bond Fund (TOHAX) 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 TOHAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to TOHAX
TOHAX charges 0.82% annually. There are 403 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 | TOHAX vs LSMSX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | TOHAX vs VTMFX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | TOHAX vs FHMIX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | TOHAX vs NMTRX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | TOHAX vs FSMUX |
Best Risk-Adjusted Alternatives to TOHAX
TOHAX has a PortfoliosLab risk / return rank of 58. There are 434 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 Selective State Municipal Bond Port... | 100 | — | Apr 2022 | TOHAX vs DFABX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | TOHAX vs ATOIX | |
| DFA California Short Term Municipal Bond Portfolio | 99 | — | Apr 2007 | TOHAX vs DFCMX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | TOHAX vs DNYMX | |
| DFA Short Term Municipal Bond Portfolio | 99 | — | Aug 2002 | TOHAX vs DFSMX |
Top Performing TOHAX Alternatives (YTD)
TOHAX is at 1.15% YTD. There are 351 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 13.22%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 13.22% | — | Apr 1998 | TOHAX vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 9.70% | — | Nov 2002 | TOHAX vs NRK | |
| AllianceBernstein National Municipal Income Fund | 7.62% | — | Nov 2001 | TOHAX vs AFB | |
| BlackRock MuniYield Michigan Quality Fund | 6.57% | — | Oct 1992 | TOHAX vs MIY | |
| Nuveen Virginia Quality Municipal Income Fund | 6.33% | — | Mar 1993 | TOHAX vs NPV |
Lowest Volatility Alternatives to TOHAX
TOHAX has 2.46% 1-year volatility. There are 193 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 0.56% | — | Apr 2022 | TOHAX vs DFABX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | TOHAX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | TOHAX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.60% | — | May 2016 | TOHAX vs USMTX | |
| DFA Short Term Municipal Bond Portfolio | 0.61% | — | Aug 2002 | TOHAX vs DFSMX |
Lowest Drawdown Alternatives to TOHAX
TOHAX has a 1-year max drawdown of -2.74%. There are 218 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 | TOHAX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | TOHAX vs ATOIX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.10% | — | Dec 2017 | TOHAX vs APUSX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | TOHAX vs TFCYX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | TOHAX vs FHMIX |
Other Mutual Funds from Touchstone
The 10 most viewed Touchstone mutual funds shown here include TSFIX, SWRLX, SENCX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Touchstone Small Cap Fund | Small Cap Blend Equities | 16 | 7.32% | — | Sep 2009 | TOHAX vs TSFIX | |
| Touchstone International Equity Fund | Foreign Large Cap Equities | 94 | 24.58% | — | Mar 1993 | TOHAX vs SWRLX | |
| Touchstone Large Cap Focused Fund | Large Cap Blend Equities | 23 | 1.57% | — | Jan 1934 | TOHAX vs SENCX | |
| Touchstone Mid Cap Fund | Mid Cap Blend Equities | 7 | 1.59% | — | Jan 2003 | TOHAX vs TMCPX | |
| Touchstone Mid Cap Growth Fund | Mid Cap Growth Equities | 21 | 14.67% | — | Oct 1994 | TOHAX vs TEGAX | |
| Touchstone Small Company Fund | Small Cap Blend Equities | 31 | 7.58% | — | Mar 1993 | TOHAX vs SAGWX | |
| Touchstone Balanced Fund | Diversified Portfolio | 26 | 1.33% | — | Nov 1938 | TOHAX vs SEBLX | |
| Touchstone Ultra Short Duration Fixed Income Fund | Ultrashort Bond | 98 | 1.48% | — | Mar 1994 | TOHAX vs TSDOX | |
| Touchstone Large Cap Fund | Large Cap Blend Equities | 47 | 11.03% | — | Jul 2014 | TOHAX vs TLCIX | |
| Touchstone Global ESG Equity Fund | Foreign Large Cap Equities | 44 | 14.97% | — | Dec 1997 | TOHAX vs TEQAX |
Often Compared With TOHAX
Investors most often compare TOHAX with MUJ, FGNSX, FXIEX. These 3 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BlackRock MuniHoldings New Jersey Quality Fund | Municipal Bonds | 51 | 5.45% | — | Mar 1998 | TOHAX vs MUJ | |
| Strategic Advisers Tax-Sensitive Short Duration Fu... | Municipal Bonds | 97 | 0.77% | — | Dec 2017 | TOHAX vs FGNSX | |
| PIMCO Fixed Income SHares: Series TE | Municipal Bonds | 78 | 1.81% | — | Jun 2012 | TOHAX vs FXIEX |
Compare TOHAX with Any Fund or Stock
Compare TOHAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair TOHAX with funds that move differently
Touchstone Core Municipal Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TOHAX.
Explore TOHAX Diversifiers