Wilmington Municipal Bond Fund (WTAIX) 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 WTAIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to WTAIX
WTAIX charges 0.49% annually. There are 141 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 | WTAIX vs LSMSX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | WTAIX vs NMTRX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | WTAIX vs FHMIX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | WTAIX vs FSMUX | |
| Strategic Advisers Tax-Sensitive Short Duration Fu... | 0.07% | — | Dec 2017 | WTAIX vs FGNSX |
Best Risk-Adjusted Alternatives to WTAIX
WTAIX has a PortfoliosLab risk / return rank of 63. There are 282 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 | WTAIX vs DFABX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | WTAIX vs DNYMX | |
| DFA California Short Term Municipal Bond Portfolio | 99 | — | Apr 2007 | WTAIX vs DFCMX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | WTAIX vs ATOIX | |
| DFA Short Term Municipal Bond Portfolio | 99 | — | Aug 2002 | WTAIX vs DFSMX |
Top Performing WTAIX Alternatives (YTD)
WTAIX is at 0.72% YTD. There are 423 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 10.27%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 10.27% | — | Apr 1998 | WTAIX vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 8.40% | — | Nov 2002 | WTAIX vs NRK | |
| Nuveen Virginia Quality Municipal Income Fund | 7.07% | — | Mar 1993 | WTAIX vs NPV | |
| AllianceBernstein National Municipal Income Fund | 6.29% | — | Nov 2001 | WTAIX vs AFB | |
| BlackRock MuniYield Michigan Quality Fund | 5.83% | — | Oct 1992 | WTAIX vs MIY |
Lowest Volatility Alternatives to WTAIX
WTAIX has 2.10% 1-year volatility. There are 106 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 | WTAIX vs DFABX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | WTAIX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | WTAIX vs USMTX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | WTAIX vs DFCMX | |
| DFA Short Term Municipal Bond Portfolio | 0.61% | — | Aug 2002 | WTAIX vs DFSMX |
Lowest Drawdown Alternatives to WTAIX
WTAIX has a 1-year max drawdown of -2.76%. There are 224 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 | WTAIX vs BATVX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | WTAIX vs TFCYX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | WTAIX vs ATOIX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.10% | — | Dec 2017 | WTAIX vs APUSX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | WTAIX vs FHMIX |
Other Mutual Funds from Wilmington Funds
The 4 most viewed Wilmington Funds mutual funds shown here include WMRIX, WRAIX, WIBMX and span 4 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Wilmington Real Asset Fund | Global Allocation | 86 | 15.23% | — | Jun 2003 | WTAIX vs WMRIX | |
| Wilmington Global Alpha Equities Fund | Long-Short | 25 | 3.69% | — | Jan 2012 | WTAIX vs WRAIX | |
| Wilmington Broad Market Bond Fund | Intermediate Core Bond | 18 | 0.09% | — | Jul 1993 | WTAIX vs WIBMX | |
| Wilmington Large-Cap Strategy Fund | Large Cap Blend Equities | 69 | 11.11% | — | Jul 2003 | WTAIX vs WMLIX |
Often Compared With WTAIX
Investors most often compare WTAIX with QTUM, THNQ, IRBO. These 16 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare WTAIX with Any Fund or Stock
Compare WTAIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair WTAIX with funds that move differently
Wilmington Municipal Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to WTAIX.
Explore WTAIX Diversifiers