TAXMvsFTCAETF Comparison
ETF 1
TAXM
BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents
This fund is part of
US Aggregate Bonds
+0.01%
VS
BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents (TAXM) belongs to the US Aggregate Bonds segment. Franklin California Municipal Income ETF (FTCA) is part of the Municipal Bonds segment. TAXM's top 3 sector exposures are Municipal, Finance and Industrials. In contrast, FTCA's top sector exposures are Municipal. Both TAXM and FTCA have the same Total Expense Ratio (TER) of 0.35%. TAXM is down -2.12% year-to-date (YTD) with +$22M in YTD flows. FTCA performs worse with -4.73% YTD performance, and +$152M in YTD flows. Run a side-by-side ETF comparison of TAXM 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.
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TAXM vs FTCA performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/21/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | TAXM FTCA | -0.46%-1.30% | -2.97%-5.36% | -2.12%-4.73% | -1.81%-4.87% | n/an/a | n/an/a |
| Flows | TAXM FTCA | -$2M+$156M | +$4M+$171M | +$22M+$152M | +$28M+$739M | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | TAXM FTCA | +4.90%+6.44% | +3.04%+4.07% | n/an/a | n/an/a |
| Max drawdown | TAXM FTCA | -5.43%-7.59% | -6.38%-9.02% | n/an/a | n/an/a |
| Max drawdown duration | TAXM FTCA | 69d92d | 234d234d | n/an/a | n/an/a |
Trading data
TAXM | FTCA | |
Last sale 10/22/2026 at 1:46 PM | $47.97 | $6.99 |
| Previous close 10/21/2026 | $47.97 | $6.94 |
| Consolidated volume 10/21/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 10/22/2026 at 1:46 PM
Live
Closed
TAXM | FTCA | |
|---|---|---|
| Last price | $47.97 | $6.99 |
| 1D performance | +0.00% | +0.65% |
| AuM | $40.27 M | $708.52 M |
| E/R | 0.35% | 0.35% |
Characteristics
TAXM | FTCA | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Bondbloxx Investment Management LLC | Franklin Templeton |
| Benchmark | - | - |
| N° of holdings | 73 | 62 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | March 12, 2025 | October 24, 2025 |
| ESG | No | No |
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Exposure
Countries
TAXM
USA
35.34%
Other
64.66%
FTCA
USA
36.47%
Other
63.53%
Sectors
TAXM
Municipal
31.77%
Other
68.23%
FTCA
Municipal
36.47%
Other
63.53%
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Diversification
TAXM
Total weight of top 15 holdings out of 15
26.22%
FTCA
Total weight of top 15 holdings out of 15
19.13%
Top 15 holdings
Data as of August 31, 2026
TAXM
US57584YR272
2.14%
US575896A219
2.04%
US259028AL21
1.95%
US391712BH85
1.90%
US657339Z838
1.88%
US57563CER97
1.86%
US74441XJU46
1.83%
US84136JAG40
1.81%
US57585BGQ59
1.73%
Broward School Board, 5% 1jul2033, USD (2020A)
1.68%
US642170WK60
1.64%
Massachusetts Bay Transportation Authority, 5% 1jul2052, USD
1.55%
US57585BKT43
1.45%
Colorado Housing and Finance Authority, 3% 1may2048, USD (2026)
1.41%
University of Massachusetts Building Authority, 5% 1nov2052, USD (2022-1)
1.36%
FTCA
California Pollution Control Financing Authority, 5% 21nov2045, USD
1.79%
US30309HAA59
1.67%
Chabot-Las Positas Community College District, 5.25% 1aug2048, USD (2016)
1.33%
California Community Choice Financing Authority, 5% 1feb2055, USD (2024E)
1.31%
San Francisco Public Utilities Commission, 5% 1nov2053, USD (2023)
1.30%
US79728FLL30
1.29%
MSR Energy Authority, 6.5% 1nov2039, USD (2009A)
1.28%
Los Angeles Department of Water and Power, 5% 1jul2046, USD (2022)
1.28%
California Municipal Finance Authority, 4.2% 1aug2040, USD (2024)
1.26%
California Municipal Finance Authority, 3% 15may2051, USD
1.21%
Sweetwater Union High District, 5% 1aug2052, USD (2018)
1.19%
US130493CL10
1.07%
California, 5% 1oct2045, USD
1.07%
US13048VG510
1.05%
Alameda Corridor Transportation Authority, 0% 1oct2049, USD (2022A, 9941D)
1.04%
Frequently asked questions about TAXM and FTCA
How have the TAXM and FTCA ETFs performed in 2026?
As of October 21, 2026, TAXM is down -2.12% year-to-date (YTD), while FTCA has lost -4.73%. That puts TAXM better performer ahead so far this year.
Which ETF is attracting more investor money: TAXM or FTCA?
Year-to-date, the TAXM ETF saw +$22M in flows, compared to +$152M for FTCA.
Which ETF is more volatile: TAXM or FTCA?
Over the past year, TAXM had a volatility of 3.04%, while FTCA experienced 4.07%.
Which ETF is bigger: TAXM or FTCA?
As of October 21, 2026, TAXM holds $40.27 M in assets under management (AUM), while FTCA manages $708.52 M.
What sectors do the TAXM and FTCA ETFs invest in?
TAXM leans toward sectors like Municipal. Meanwhile, FTCA focuses on Municipal.
What are the top holdings of the TAXM ETF and FTCA ETF?
TAXM top holdings include US57584YR272, US575896A219 and US259028AL21. 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: TAXM or FTCA?
TAXM holds 159 securities with 26.22% of its assets in the top 15. FTCA has 288 securities and a top 15 weight of 19.13%.
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