MUNAvsPRABETF Comparison
ETF 1
MUNA
Northern Trust 2030 Tax-Exempt Distributing Ladder ETF
This fund is part of
Municipal Bonds
+0.06%
VS
Northern Trust 2030 Tax-Exempt Distributing Ladder ETF (MUNA) and State Street IG Public & Private ABS ETF (PRAB) have similar underlying exposures to countries and sectors. MUNA's top 1 sector exposures are Municipal. In contrast, PRAB's top sector exposures are Industrials. MUNA is less expensive with a Total Expense Ratio (TER) of 0.18%, versus 0.39% for PRAB. Run a side-by-side ETF comparison of MUNA and PRAB below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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MUNA vs PRAB performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/29/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | MUNA PRAB | +1.72%+0.47% | +0.45%+0.34% | +1.54%n/a | +2.12%n/a | n/an/a | n/an/a |
| Flows | MUNA PRAB | -+$4M | -$1M+$4M | +$2M- | +$3M- | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | MUNA PRAB | +1.61%+1.10% | +1.11%n/a | n/an/a | n/an/a |
| Max drawdown | MUNA PRAB | -1.61%-0.53% | -1.61%n/a | n/an/a | n/an/a |
| Max drawdown duration | MUNA PRAB | 59d65d | 59dn/a | n/an/a | n/an/a |
Trading data
MUNA | PRAB | |
Last sale 10/30/2026 at 1:30 PM | $100.10 | |
| Previous close 10/29/2026 | $100.04 | |
| Consolidated volume 10/29/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 10/30/2026 at 1:30 PM
Live
Closed
MUNA | PRAB | |
|---|---|---|
| Last price | $100.10 | – |
| 1D performance | +0.06% | – |
| AuM | $7.99 M | $28.36 M |
| E/R | 0.18% | 0.39% |
Characteristics
MUNA | PRAB | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | FlexShares | State Street Investment Management |
| Benchmark | - | - |
| N° of holdings | 35 | 14 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | August 19, 2025 | March 11, 2026 |
| ESG | No | No |
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Exposure
Countries
MUNA
USA
14.44%
Other
85.56%
PRAB
USA
19.06%
Other
80.94%
Sectors
MUNA
Municipal
14.44%
Other
85.56%
PRAB
Industrials
19.06%
Other
80.94%
Diversification
MUNA
Total weight of top 15 holdings out of 15
19.48%
PRAB
Total weight of top 15 holdings out of 15
35.1%
Top 15 holdings
Data as of September 30, 2026
MUNA
US213651MR06
2.34%
US181342HU36
2.22%
US749845M592
1.41%
State of Ohio, 5% 1oct2027, USD (2019B)
1.28%
US564395TS05
1.28%
US45204EF949
1.27%
US228485LT39
1.23%
US812643UL69
1.22%
US735422NS20
1.14%
US577625T632
1.10%
US92937NDC56
1.09%
US602248LG95
0.99%
US217813BB94
0.99%
State of Washington, 5% 1jun2028, USD (2021F)
0.97%
US163103VP65
0.96%
PRAB
US8574924663
3.52%
US92540FAD24
3.12%
US72585CAD74
2.77%
Navient Student Loan Trust 2021-EA, 0.97% 16dec2069, USD (ABS, A)
2.63%
US36268GAE52
2.48%
US732916AE13
2.07%
US344928AF38
2.07%
US69382JAA97
2.07%
US69490AAD19
2.07%
US00501DAD75
2.07%
US38012QAE89
2.06%
US67403GAB23
2.06%
RCKT Mortgage Trust 2025-CES7, 6.174% 26jul2055, USD (ABS, M1)
2.05%
US038410AD82
2.04%
RCKT Mortgage Trust 2025-CES8, 5.64945% 25aug2055, USD (ABS, A3)
2.03%
Frequently asked questions about MUNA and PRAB
Which ETF is bigger: MUNA or PRAB?
As of October 29, 2026, MUNA holds $7.99 M in assets under management (AUM), while PRAB manages $28.36 M.
What sectors do the MUNA and PRAB ETFs invest in?
MUNA leans toward sectors like Municipal. Meanwhile, PRAB focuses on Industrials.
What are the top holdings of the MUNA ETF and PRAB ETF?
MUNA top holdings include US213651MR06, US181342HU36 and US749845M592. PRAB holds in its top three: US8574924663, US92540FAD24 and US72585CAD74.
Which ETF is more diversified: MUNA or PRAB?
MUNA holds 227 securities with 19.48% of its assets in the top 15. PRAB has 68 securities and a top 15 weight of 35.1%.
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Latest news about MUNA & PRAB
Ask the Manager: Dave Abner on the Rise of Distributing Ladder ETFs
February 10, 2026
MUNA
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