AUSMvsMUNAETF Comparison
VS
ETF 2
MUNA
Northern Trust 2030 Tax-Exempt Distributing Ladder ETF
This fund is part of
Municipal Bonds
-0.03%
Allspring Ultra Short Municipal ETF (AUSM) and Northern Trust 2030 Tax-Exempt Distributing Ladder ETF (MUNA) have similar underlying exposures to countries and sectors. They also belong to the same industry segment: Municipal Bonds. Both ETFs have the same top 1 sector exposures: Municipal. Both AUSM and MUNA have the same Total Expense Ratio (TER) of 0.18%. AUSM is up 1.53% year-to-date (YTD) with +$3M in YTD flows. MUNA performs worse with 1.27% YTD performance, and +$2M in YTD flows. Run a side-by-side ETF comparison of AUSM and MUNA below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
AUSM vs MUNA performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/01/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | AUSM MUNA | +0.20%+0.16% | +0.54%+0.25% | +1.53%+1.27% | +2.50%+1.88% | n/an/a | n/an/a |
| Flows | AUSM MUNA | --$1M | +$2M+$3K | +$3M+$2M | +$7M+$3M | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | AUSM MUNA | +0.39%+0.72% | +0.41%+0.89% | n/an/a | n/an/a |
| Max drawdown | AUSM MUNA | -0.15%-0.41% | -0.24%-0.85% | n/an/a | n/an/a |
| Max drawdown duration | AUSM MUNA | 20d32d | 37d97d | n/an/a | n/an/a |
Trading data
AUSM | MUNA | |
Last sale 9/3/2026 at 1:46 PM | $25.02 | $99.69 |
| Previous close 09/02/2026 | $25.02 | $99.69 |
| Consolidated volume 09/02/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Advertisement
Main metrics
Last update 9/3/2026 at 1:46 PM
Live
Closed
AUSM | MUNA | |
|---|---|---|
| Last price | $25.02 | $99.69 |
| 1D performance | +0.00% | +0.00% |
| AuM | $33.01 M | $7.98 M |
| E/R | 0.18% | 0.18% |
Characteristics
AUSM | MUNA | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Allspring | FlexShares |
| Benchmark | - | - |
| N° of holdings | 15 | 32 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | July 8, 2025 | August 19, 2025 |
| ESG | No | No |
Advertisement
Exposure
Countries
AUSM
USA
12.83%
Other
87.17%
MUNA
USA
13.64%
Other
86.36%
Sectors
AUSM
Municipal
12.83%
Other
87.17%
MUNA
Municipal
13.64%
Other
86.36%
Advertisement
Diversification
AUSM
Total weight of top 15 holdings out of 15
24.58%
MUNA
Total weight of top 15 holdings out of 15
18.39%
Top 15 holdings
Data as of July 31, 2026
AUSM
US46640KS620
2.27%
US44244CN944
2.12%
US20775DXK35
1.90%
US09025PFN15
1.56%
US7436006C72
1.54%
Chandler Industrial Development Authority, 4.1% 1dec2037, USD (2007)
1.53%
US167562SY49
1.53%
US67756CGH51
1.53%
US01179R6Z17
1.52%
US579729EW01
1.52%
US494053MA62
1.51%
US010050BV34
1.51%
US60700HUN78
1.51%
US469400DZ58
1.51%
US95345PAC23
1.51%
MUNA
US213651MR06
2.07%
US64327TKP20
2.01%
US407287MS70
1.49%
US749845M592
1.26%
State of Ohio, 5% 1oct2027, USD (2019B)
1.14%
US564395TS05
1.14%
US662523P864
1.14%
US228485LT39
1.10%
US812643UL69
1.08%
Maryland, 5% 1aug2028, USD
1.05%
US735422NS20
1.01%
US425507HH68
1.00%
US577625T632
0.98%
US92937NDC56
0.97%
South Carolina Transportation Infrasructure Bank, 5% 1oct2026, USD (2021B)
0.95%
Frequently asked questions about AUSM and MUNA
How have the AUSM and MUNA ETFs performed in 2026?
As of September 1, 2026, AUSM is up 1.53% year-to-date (YTD), while MUNA has returned 1.27%. That puts AUSM better performer ahead so far this year.
Which ETF is attracting more investor money: AUSM or MUNA?
Year-to-date, the AUSM ETF saw +$3M in flows, compared to +$2M for MUNA.
Which ETF is more volatile: AUSM or MUNA?
Over the past year, AUSM had a volatility of 0.41%, while MUNA experienced 0.89%.
Which ETF is bigger: AUSM or MUNA?
As of September 1, 2026, AUSM holds $33.01 M in assets under management (AUM), while MUNA manages $7.98 M.
What sectors do the AUSM and MUNA ETFs invest in?
AUSM leans toward sectors like Municipal. Meanwhile, MUNA focuses on Municipal.
What are the top holdings of the AUSM ETF and MUNA ETF?
AUSM top holdings include US46640KS620, US44244CN944 and US20775DXK35. MUNA holds in its top three: US213651MR06, US64327TKP20 and US407287MS70.
Which ETF is more diversified: AUSM or MUNA?
AUSM holds 97 securities with 24.58% of its assets in the top 15. MUNA has 227 securities and a top 15 weight of 18.39%.
Advertisement
Latest news about AUSM & MUNA
Ask the Manager: Dave Abner on the Rise of Distributing Ladder ETFs
February 10, 2026
MUNA
Advertisement
Advertisement
