Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX) 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 VWITX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to VWITX
VWITX charges 0.17% annually. There are 27 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 | VWITX vs LSMSX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | VWITX vs VTMFX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | VWITX vs FHMIX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | VWITX vs NMTRX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | VWITX vs FSMUX |
Best Risk-Adjusted Alternatives to VWITX
VWITX has a PortfoliosLab risk / return rank of 53. There are 312 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 Municipal Bond Portfolio | 100 | — | Aug 2002 | VWITX vs DFSMX | |
| abrdn Ultra Short Municipal Income Fund | 100 | — | Dec 2002 | VWITX vs ATOIX | |
| DFA Short-Term Selective State Municipal Bond Port... | 99 | — | Apr 2022 | VWITX vs DFABX | |
| Federated Hermes Conservative Municipal Microshort... | 99 | — | Feb 2021 | VWITX vs FHMIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | 99 | — | Apr 2016 | VWITX vs TFCYX |
Top Performing VWITX Alternatives (YTD)
VWITX is at -0.19% YTD. There are 401 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 10.42%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 10.42% | — | Apr 1998 | VWITX vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 7.26% | — | Nov 2002 | VWITX vs NRK | |
| BlackRock MuniYield Michigan Quality Fund | 6.51% | — | Oct 1992 | VWITX vs MIY | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 5.51% | 12.30B | Sep 1994 | VWITX vs VTMFX | |
| AllianceBernstein National Municipal Income Fund | 5.23% | — | Nov 2001 | VWITX vs AFB |
Lowest Volatility Alternatives to VWITX
VWITX has 2.39% 1-year volatility. There are 159 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.53%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short Term Municipal Bond Portfolio | 0.53% | — | Aug 2002 | VWITX vs DFSMX | |
| DFA Short-Term Selective State Municipal Bond Port... | 0.57% | — | Apr 2022 | VWITX vs DFABX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | VWITX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.64% | — | May 2016 | VWITX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.64% | — | May 2016 | VWITX vs USMTX |
Lowest Drawdown Alternatives to VWITX
VWITX has a 1-year max drawdown of -2.99%. There are 331 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 | VWITX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | VWITX vs ATOIX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | VWITX vs FHMIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | VWITX vs TFCYX | |
| DFA Short Term Municipal Bond Portfolio | -0.11% | — | Aug 2002 | VWITX vs DFSMX |
Other Mutual Funds from Vanguard
The 10 most viewed Vanguard mutual funds shown here include VTSAX, VFIAX, VTIAX and span 8 categories. AUM among these funds goes as high as $2T.
Often Compared With VWITX
Investors most often compare VWITX with VTEB, VTEI, VTEAX. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare VWITX with Any Fund or Stock
Compare VWITX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair VWITX with funds that move differently
Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to VWITX.
Explore VWITX Diversifiers