STAXvsFTCAETF Comparison
VS
Nomura Tax-Free USA Short Term ETF (STAX) and Franklin California Municipal Income ETF (FTCA) belong to the same industry segment: Municipal Bonds. Both ETFs have the same top 1 sector exposures: Municipal. STAX is less expensive with a Total Expense Ratio (TER) of 0.29%, versus 0.35% for FTCA. STAX is up 1.23% year-to-date (YTD) with +$6M in YTD flows. FTCA performs worse with -1.85% YTD performance, and -$8M in YTD flows. Run a side-by-side ETF comparison of STAX and FTCA 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
STAX vs FTCA performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/02/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | STAX FTCA | +0.04%-1.26% | +0.11%-3.01% | +1.23%-1.85% | +2.08%n/a | n/an/a | n/an/a |
| Flows | STAX FTCA | -$2M+$9M | +$5M-$31M | +$6M-$8M | +$6M- | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | STAX FTCA | +1.06%+3.53% | +0.99%n/a | n/an/a | n/an/a |
| Max drawdown | STAX FTCA | -0.63%-3.84% | -1.05%n/a | n/an/a | n/an/a |
| Max drawdown duration | STAX FTCA | 57d64d | 106dn/a | n/an/a | n/an/a |
Trading data
STAX | FTCA | |
Last sale 9/2/2026 at 1:30 PM | $25.17 | $7.14 |
| Previous close 09/02/2026 | $25.17 | $7.14 |
| 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 9/2/2026 at 1:30 PM
Live
Closed
STAX | FTCA | |
|---|---|---|
| Last price | $25.17 | $7.14 |
| 1D performance | +0.00% | +0.00% |
| AuM | $11.34 M | $562.43 M |
| E/R | 0.29% | 0.35% |
Characteristics
STAX | FTCA | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Nomura | Franklin Templeton |
| Benchmark | - | - |
| N° of holdings | 36 | 62 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | November 28, 2023 | October 24, 2025 |
| ESG | No | No |
Advertisement
Exposure
Countries
STAX
USA
37.04%
Other
62.96%
FTCA
USA
37.5%
Other
62.5%
Sectors
STAX
Municipal
37.04%
Other
62.96%
FTCA
Municipal
37.5%
Other
62.5%
Diversification
STAX
Total weight of top 15 holdings out of 15
26.01%
FTCA
Total weight of top 15 holdings out of 15
19.62%
Top 15 holdings
Data as of July 31, 2026
STAX
Chicago, 5% 1nov2026, USD (2004)
2.43%
US68608JXF38
2.27%
US650116FF84
2.05%
US4521525L18
1.98%
US85236DAK46
1.82%
US882724JZ14
1.66%
US48504NCT46
1.60%
New Jersey, 5% 1jun2029, USD
1.60%
Tobacco Settlement Financing Corp. (NJ), 5% 1jun2029, USD (2018A)
1.56%
New York Transportation Development Corp., 5% 1jan2028, USD (2018)
1.55%
US472682YZ07
1.53%
US54877EAC03
1.50%
US73358XNJ71
1.49%
US60374VEX73
1.49%
New York Metropolitan Transportation Authority, 5% 15nov2030, USD (2017D)
1.48%
FTCA
California Pollution Control Financing Authority, 5% 21nov2045, USD
1.82%
US30309HAA59
1.70%
Chabot-Las Positas Community College District, 5.25% 1aug2048, USD (2016)
1.38%
California Municipal Finance Authority, 4.2% 1aug2040, USD (2024)
1.34%
San Francisco Public Utilities Commission, 5% 1nov2053, USD (2023)
1.33%
California Community Choice Financing Authority, 5% 1feb2055, USD (2024E)
1.32%
US79728FLL30
1.31%
MSR Energy Authority, 6.5% 1nov2039, USD (2009A)
1.31%
Los Angeles Department of Water and Power, 5% 1jul2046, USD (2022)
1.30%
California Municipal Finance Authority, 3% 15may2051, USD
1.25%
Sweetwater Union High District, 5% 1aug2052, USD (2018)
1.24%
US130493CL10
1.10%
California, 5% 1oct2045, USD
1.09%
US13048VG510
1.07%
Alameda Corridor Transportation Authority, 0% 1oct2049, USD (2022A, 9941D)
1.06%
Frequently asked questions about STAX and FTCA
How have the STAX and FTCA ETFs performed in 2026?
As of September 2, 2026, STAX is up 1.23% year-to-date (YTD), while FTCA has lost -1.85%. That puts STAX better performer ahead so far this year.
Which ETF is attracting more investor money: STAX or FTCA?
Year-to-date, the STAX ETF saw +$6M in flows, compared to -$8M for FTCA.
Which ETF is bigger: STAX or FTCA?
As of September 2, 2026, STAX holds $11.34 M in assets under management (AUM), while FTCA manages $562.43 M.
What sectors do the STAX and FTCA ETFs invest in?
STAX leans toward sectors like Municipal. Meanwhile, FTCA focuses on Municipal.
What are the top holdings of the STAX ETF and FTCA ETF?
STAX top holdings include Chicago, 5% 1nov2026, USD (2004), US68608JXF38 and US650116FF84. FTCA holds in its top three: California Pollution Control Financing Authority, 5% 21nov2045, USD, US30309HAA59 and Chabot-Las Positas Community College District, 5.25% 1aug2048, USD (2016).
Which ETF is more diversified: STAX or FTCA?
STAX holds 92 securities with 26.01% of its assets in the top 15. FTCA has 282 securities and a top 15 weight of 19.62%.
Advertisement
Advertisement
