MUNGvsACLOETF Comparison
ETF 1
MUNG
Northern Trust 2046 Tax-Exempt Distributing Ladder ETF
This fund is part of
Municipal Bonds
+0.06%
VS
Northern Trust 2046 Tax-Exempt Distributing Ladder ETF (MUNG) and TCW AAA CLO ETF (ACLO) have similar underlying exposures to countries and sectors. MUNG's top 1 sector exposures are Municipal. In contrast, ACLO's top sector exposures are Industrials and Finance. MUNG is less expensive with a Total Expense Ratio (TER) of 0.1%, versus 0.2% for ACLO. Run a side-by-side ETF comparison of MUNG and ACLO 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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MUNG vs ACLO performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/29/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | MUNG ACLO | +4.51%+0.38% | n/a+1.22% | n/a+4.11% | n/a+5.05% | n/an/a | n/an/a |
| Flows | MUNG ACLO | --$11M | -+$70M | -+$253M | -+$276M | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | MUNG ACLO | n/a+0.18% | n/a+0.30% | n/an/a | n/an/a |
| Max drawdown | MUNG ACLO | n/an/a | n/an/a | n/an/a | n/an/a |
| Max drawdown duration | MUNG ACLO | n/an/a | n/an/a | n/an/a | n/an/a |
Trading data
MUNG | ACLO | |
Last sale 10/29/2026 at 1:30 PM | $99.06 | $50.53 |
| Previous close 10/29/2026 | $98.99 | $50.52 |
| 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 10/29/2026 at 1:30 PM
Live
Closed
MUNG | ACLO | |
|---|---|---|
| Last price | $99.06 | $50.53 |
| 1D performance | +0.07% | +0.02% |
| AuM | $9.91 M | $590.97 M |
| E/R | 0.1% | 0.2% |
Characteristics
MUNG | ACLO | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Northern Trust | TCW |
| Benchmark | - | - |
| N° of holdings | 24 | 38 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | August 26, 2026 | November 15, 2024 |
| ESG | No | No |
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Exposure
Countries
MUNG
USA
9.44%
Other
90.56%
ACLO
USA
8.38%
Other
91.62%
Sectors
MUNG
Municipal
9.44%
Other
90.56%
ACLO
Industrials
8.37%
Other
91.63%
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Diversification
MUNG
Total weight of top 15 holdings out of 15
25.29%
ACLO
Total weight of top 15 holdings out of 15
12.9%
Top 15 holdings
Data as of September 30, 2026
MUNG
US45115PDP36
2.42%
US783244PZ33
2.28%
State of Washington, 5% 1feb2029, USD
2.15%
US145317BV45
2.11%
US452227UF66
2.02%
US491552W684
1.78%
US45506EPG25
1.63%
US387460QM34
1.60%
US790415BV49
1.57%
US790415CC58
1.41%
US66440AUA23
1.31%
US570799JE77
1.27%
US79467BHS79
1.26%
US720577XU45
1.25%
US71884AM972
1.23%
ACLO
US00173UAU88
0.93%
US55820VAL71
0.92%
US675943AA23
0.92%
US77341AAA16
0.92%
US38181YAC03
0.92%
US26252QAS12
0.88%
US59966PAN24
0.88%
US38190MAA99
0.87%
US55819MBC91
0.83%
US70017TAU43
0.83%
US48249VBG59
0.83%
Golub Capital Partners CLO 2024-77A, FRN 25jan2038, USD (ABS, A)
0.83%
US67579AAW71
0.78%
US481952AN94
0.78%
US75884YAK47
0.78%
Frequently asked questions about MUNG and ACLO
Which ETF is bigger: MUNG or ACLO?
As of October 29, 2026, MUNG holds $9.91 M in assets under management (AUM), while ACLO manages $590.97 M.
What sectors do the MUNG and ACLO ETFs invest in?
MUNG leans toward sectors like Municipal. Meanwhile, ACLO focuses on Industrials.
What are the top holdings of the MUNG ETF and ACLO ETF?
MUNG top holdings include US45115PDP36, US783244PZ33 and State of Washington, 5% 1feb2029, USD. ACLO holds in its top three: US00173UAU88, US55820VAL71 and US675943AA23.
Which ETF is more diversified: MUNG or ACLO?
MUNG holds 182 securities with 25.29% of its assets in the top 15. ACLO has 354 securities and a top 15 weight of 12.9%.
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Latest news about MUNG & ACLO
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