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TAXvsIQSMETF Comparison
Cambria Tax Aware ETF (TAX) belongs to the US Large Cap Value segment. NYLI Candriam U.S. Mid Cap Equity ETF (IQSM) is part of the US Mid Cap segment. Both ETFs have the same top 3 sector exposures: Industrials, Information Technology and Health Care. TAX is more expensive with a Total Expense Ratio (TER) of 0.49%, versus 0.16% for IQSM. TAX is down -2.6% year-to-date (YTD) with -$7M in YTD flows. IQSM performs better with 2.19% YTD performance, and +$61M in YTD flows. Run a side-by-side ETF comparison of TAX and IQSM below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
TAX vs IQSM performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | TAX IQSM | -5.15%-4.49% | -5.38%+1.51% | -2.60%+2.19% | +21.46%+16.54% | n/a+37.85% | n/an/a |
| Flows | TAX IQSM | -+$45M | -$7M+$60M | -$7M+$61M | -$10M+$44M | -+$219M | -- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | TAX IQSM | +15.43%+14.74% | +19.16%+20.38% | n/a+17.48% | n/an/a |
| Max drawdown | TAX IQSM | -6.70%-5.34% | -12.68%-15.27% | n/a-23.67% | n/an/a |
| Max drawdown duration | TAX IQSM | 48d12d | 45d46d | n/a379d | n/an/a |
TAX | IQSM | |
Last sale 3/12/2026 at 1:30 PM | $34.57 | |
| Previous close 03/11/2026 | $35.30 | |
| Consolidated volume 03/11/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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TAX | IQSM | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
TAX | IQSM | |
|---|---|---|
| Last price | – | $34.57 |
| 1D performance | – | -2.05% |
| AuM | $22.99 M | $270.78 M |
| E/R | 0.49% | 0.16% |
TAX | IQSM | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Cambria | New York Life Investments |
| Benchmark | - | NYLI Candriam U.S. Mid Cap Equity Index |
| N° of holdings | 92 | 219 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | December 18, 2024 | October 25, 2022 |
| ESG | No | Yes |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the TAX and IQSM ETFs performed in 2026?
As of March 11, 2026, TAX is down -2.6% year-to-date (YTD), while IQSM has returned 2.19%. That puts IQSM better performer ahead so far this year.
Which ETF is attracting more investor money: TAX or IQSM?
Year-to-date, the TAX ETF saw -$7M in flows, compared to +$61M for IQSM.
Which ETF is more volatile: TAX or IQSM?
Over the past year, TAX had a volatility of 19.16%, while IQSM experienced 20.38%.
Which ETF is bigger: TAX or IQSM?
As of March 11, 2026, TAX holds $22.99 M in assets under management (AUM), while IQSM manages $270.78 M.
What sectors do the TAX and IQSM ETFs invest in?
TAX leans toward sectors like Industrials, Information Technology and Health Care. Meanwhile, IQSM focuses on Industrials, Information Technology and Health Care.
What are the top holdings of the TAX ETF and IQSM ETF?
TAX top holdings include ADVANCED MICRO DEVICES, STERLING INFRASTRUCTURE INC and COMFORT SYSTEMS USA. IQSM holds in its top three: BLOOM ENERGY CORP, LUMENTUM HOLDINGS and TECHNIPFMC PLC.
Which ETF is more diversified: TAX or IQSM?
TAX holds 95 securities with 26.84% of its assets in the top 15. IQSM has 225 securities and a top 15 weight of 13.06%.
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