X-Square Municipal Income Tax Free ETF (ZTAX) Alternatives
X-Square Municipal Income Tax Free ETF (ZTAX) 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 ZTAX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to ZTAX
ZTAX charges 1.14% annually. Among ETFs in the Municipal Bonds category, these options have the lowest expense ratios among ZTAX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Schwab Municipal Bond ETF | 0.03% | Oct 11, 2022 | ZTAX vs SCMB | |
| Fidelity Systematic Municipal Bond Index ETF | 0.05% | Jul 11, 2019 | ZTAX vs FMUN | |
| Vanguard Tax-Exempt Bond ETF | 0.05% | Aug 21, 2015 | ZTAX vs VTEB | |
| Vanguard Short-Term Tax-Exempt Bond ETF Shares | 0.07% | Mar 8, 2023 | ZTAX vs VTES | |
| Xtrackers California Municipal Bond ETF | 0.07% | Dec 13, 2023 | ZTAX vs CA |
Best Risk-Adjusted Alternatives to ZTAX
Among ETFs in the Municipal Bonds category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Goldman Sachs Ultra Short Municipal Income ETF | 98 | Jul 23, 2024 | ZTAX vs GUMI | |
| First Trust Ultra Short Duration Municipal ETF | 97 | Nov 1, 2018 | ZTAX vs FUMB | |
| iShares Short Maturity Municipal Bond ETF | 97 | Mar 3, 2015 | ZTAX vs MEAR | |
| PGIM Ultra Short Municipal Bond ETF | 95 | Jun 24, 2024 | ZTAX vs PUSH | |
| iShares Short-Term California Muni Active ETF | 95 | Oct 4, 2007 | ZTAX vs CALI |
Top Performing ZTAX Alternatives (YTD)
ZTAX alternatives from the Municipal Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Overlay Shares Municipal Bond ETF | 1.20% | Sep 30, 2019 | ZTAX vs OVM | |
| Xtrackers Municipal Infrastructure Revenue Bond ET... | 1.00% | Jun 4, 2013 | ZTAX vs RVNU | |
| Goldman Sachs Ultra Short Municipal Income ETF | 0.72% | Jul 23, 2024 | ZTAX vs GUMI | |
| First Trust Ultra Short Duration Municipal ETF | 0.64% | Nov 1, 2018 | ZTAX vs FUMB | |
| PGIM Ultra Short Municipal Bond ETF | 0.64% | Jun 24, 2024 | ZTAX vs PUSH |
Lowest Volatility Alternatives to ZTAX
ZTAX alternatives from the Municipal Bonds category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| iShares iBonds Dec 2024 Term Muni Bond ETF | 0.00% | Mar 20, 2018 | ZTAX vs IBMM | |
| First Trust Ultra Short Duration Municipal ETF | 1.03% | Nov 1, 2018 | ZTAX vs FUMB | |
| iShares Short-Term California Muni Active ETF | 1.09% | Oct 4, 2007 | ZTAX vs CALI | |
| abrdn Ultra Short Municipal Income Active ETF | 1.12% | Oct 20, 2025 | ZTAX vs AMUN | |
| Goldman Sachs Ultra Short Municipal Income ETF | 1.15% | Jul 23, 2024 | ZTAX vs GUMI |
Lowest Drawdown Alternatives to ZTAX
ZTAX alternatives from the Municipal Bonds category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Goldman Sachs Ultra Short Municipal Income ETF | -0.48% | Jul 23, 2024 | ZTAX vs GUMI | |
| First Trust Ultra Short Duration Municipal ETF | -0.60% | Nov 1, 2018 | ZTAX vs FUMB | |
| iShares Short-Term California Muni Active ETF | -0.78% | Oct 4, 2007 | ZTAX vs CALI | |
| PGIM Ultra Short Municipal Bond ETF | -0.85% | Jun 24, 2024 | ZTAX vs PUSH | |
| iShares Short Maturity Municipal Bond ETF | -0.86% | Mar 3, 2015 | ZTAX vs MEAR |
Often Compared With ZTAX
What investors most often compare with ZTAX, based on PortfoliosLab usage data.
Compare ZTAX with Any Fund or Stock
Compare ZTAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.