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Northern Trust Short-Term Tax-Exempt Bond ETF (TAXS)
About this ETF
The Fund aims to replicate the overall price and yield performance of the ICE Short-term Focused Municipal Bond Index, before any deductions for management fees and operational expenses. This ETF is designed for investors seeking tax-free income through a passively managed fund that invests in high-quality municipal bonds with short-duration maturities, typically ranging from one to five years.
Price
Top 10 holdings
| CASH | 1.28% |
| INDIANA ST FIN AUTH WASTEWATER UTIL REV FIRST LIEN | 0.26% |
| DUVAL CNTY FLA SCH BRD CTFS PARTN COPS 2022 A | 0.24% |
| SOUTHEAST ENERGY AUTH COMMODITY SUPPLY REV ALA BDS | 0.24% |
| DISTRICT COLUMBIA WTR & SWR AUTH PUB UTIL REV REF | 0.23% |
| WASHINGTON D C MET AREA TRAN AUTH GROSS REV REV | 0.23% |
| OHIO ST WTR DEV AUTH POLLUTION CTL FACS REV FD BDS | 0.22% |
| ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV | 0.21% |
| SOUTHEAST ENERGY AUTH COOP DIST ALA GAS SUPPLY REV | 0.21% |
| MINNESOTA ST GEN FD REV APPROPRIATION REF BDS | 0.21% |
Sector mix
No sector breakdown available for this fund.
Price chart
Returns
| 1 month | -0.02% |
| 3 months | -0.20% |
| 6 months | -0.40% |
| Year to date | -0.16% |
| 1 year | — |
| 3 years (ann.) | — |
| 5 years (ann.) | — |
| 10 years (ann.) | — |
Risk profile
| Volatility (1y, ann.) | — |
| Sharpe (1y) | — |
| Sharpe (3y) | — |
| Sortino (1y) | — |
| Max drawdown (1y) | — |
| Max drawdown (5y) | — |
| Max drawdown (full) | -1.28% |
| Beta vs S&P 500 (1y) | 0.02 |
| Correlation vs S&P 500 (1y) | 0.22 |
Technical outlook not available yet — this fund does not have enough price history for the statistical models.
Full holdings
| Constituent | ISIN | Market value | Weight |
|---|---|---|---|
| Loading… | |||
Geographic exposure
Cost vs. peers
Comparison universe: 1,710 funds of the same asset class.
Cost impact calculator
Dividend history
Distributing share class Income is paid out to shareholders.
| Ex-date | Payment | Amount |
|---|---|---|
| 2026-07-01 | 2026-07-08 | USD 0.1028 |
| 2026-06-01 | 2026-06-05 | USD 0.1070 |
| 2026-05-01 | 2026-05-07 | USD 0.1079 |
| 2026-04-01 | 2026-04-07 | USD 0.1040 |
| 2026-03-02 | 2026-03-06 | USD 0.0990 |
| 2026-02-02 | 2026-02-06 | USD 0.1250 |
| 2025-12-19 | 2025-12-26 | USD 0.1120 |
| 2025-12-01 | 2025-12-05 | USD 0.0150 |
| 2025-11-03 | 2025-11-07 | USD 0.1040 |
| 2025-10-01 | 2025-10-07 | USD 0.1010 |
| 2025-09-02 | 2025-09-08 | USD 0.0430 |
ESG profile
No ESG estimate available: none of the scored universe overlaps this portfolio (typical for bond, commodity or synthetic funds).
Scored coverage: 0.0% of the portfolio by weight.
Similar ETFs
| Fund | TER | AUM (USD) | Yield (TTM) | Return 1y | Sharpe 1y |
|---|---|---|---|---|---|
| Vanguard Total Bond Market ETF BND | 0.03% | 394.40B | 4.01% | -0.82% | -0.19 |
| iShares Core U.S. Aggregate Bond ETF AGG | 0.03% | 138.36B | 4.03% | -0.76% | -0.17 |
| Vanguard Total International Bond ETF BNDX | 0.07% | 122.00B | 4.52% | -2.72% | -0.64 |
| iShares 0-3 Month Treasury Bond ETF SGOV | 0.09% | 97.69B | 3.80% | +0.05% | 0.05 |
| Vanguard Short-Term Inflation-Protected Securities ETF VTIP | 0.03% | 70.50B | 4.16% | -0.54% | -0.18 |
| Vanguard Short-Term Bond ETF BSV | 0.03% | 70.40B | 4.02% | -1.02% | -0.48 |
| Vanguard Intermediate-Term Corporate Bond ETF VCIT | 0.03% | 68.70B | 4.86% | -1.04% | -0.22 |
| Vanguard Intermediate-Term Bond ETF BIV | 0.03% | 52.20B | 4.27% | -1.28% | -0.28 |
| Vanguard Short-Term Corporate Bond ETF VCSH | 0.03% | 50.50B | 4.47% | -0.85% | -0.36 |
| Vanguard Intermediate-Term Treasury ETF VGIT | 0.03% | 49.50B | 3.89% | -1.50% | -0.41 |
Cheaper alternatives
No fund of the class reaches 60% portfolio overlap — showing the cheapest funds of the class instead.
| Fund | TER | AUM (USD) | Overlap |
|---|---|---|---|
| BNY Mellon Core Bond ETF BKAG | 0.00% | 2.15B | 0.0% |
| Vanguard Short-Term Inflation-Protected Securities ETF VTIP | 0.03% | 70.50B | 0.0% |
| Vanguard Intermediate-Term Treasury ETF VGIT | 0.03% | 49.50B | 0.0% |
| Vanguard Intermediate-Term Corporate Bond ETF VCIT | 0.03% | 68.70B | 0.0% |
| Vanguard Intermediate-Term Bond ETF BIV | 0.03% | 52.20B | 0.0% |
