TAXMvsMMCAETF Comparison
ETF 1
TAXM
BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents
This fund is part of
US Aggregate Bonds
+0%
VS
BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents (TAXM) belongs to the US Aggregate Bonds segment. NYLI MacKay California Muni Intermediate ETF (MMCA) is part of the Municipal Bonds segment. TAXM's top 3 sector exposures are Municipal, Finance and Industrials. In contrast, MMCA's top sector exposures are Municipal. TAXM is less expensive with a Total Expense Ratio (TER) of 0.35%, versus 0.7% for MMCA. TAXM is down -0.41% year-to-date (YTD) with +$21M in YTD flows. MMCA performs worse with -0.72% YTD performance, and +$23M in YTD flows. Run a side-by-side ETF comparison of TAXM and MMCA 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 MMCA performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/07/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | TAXM MMCA | -1.22%-1.27% | -1.62%-1.78% | -0.41%-0.72% | +1.78%+1.36% | n/a+11.33% | n/an/a |
| Flows | TAXM MMCA | +$990K- | +$6M+$3M | +$21M+$23M | +$32M+$59M | -+$58M | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | TAXM MMCA | +2.28%+2.65% | +2.14%+2.23% | n/a+2.96% | n/an/a |
| Max drawdown | TAXM MMCA | -2.18%-2.23% | -2.52%-2.90% | n/a-3.70% | n/an/a |
| Max drawdown duration | TAXM MMCA | 63d63d | 190d190d | n/a151d | n/an/a |
Trading data
TAXM | MMCA | |
Last sale 9/8/2026 at 1:46 PM | $48.96 | $21.23 |
| Previous close 09/04/2026 | $48.96 | $21.22 |
| Consolidated volume 09/04/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 9/8/2026 at 1:46 PM
Live
Closed
TAXM | MMCA | |
|---|---|---|
| Last price | $48.96 | $21.23 |
| 1D performance | +0.00% | +0.02% |
| AuM | $40.60 M | $89.16 M |
| E/R | 0.35% | 0.7% |
Characteristics
TAXM | MMCA | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Bondbloxx Investment Management LLC | New York Life Investments |
| Benchmark | - | - |
| N° of holdings | 73 | 35 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | March 12, 2025 | December 22, 2021 |
| ESG | No | No |
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Exposure
Countries
TAXM
USA
35.49%
Other
64.51%
MMCA
USA
33.52%
Other
66.48%
Sectors
TAXM
Municipal
31.7%
Other
68.3%
MMCA
Municipal
33.52%
Other
66.48%
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Diversification
TAXM
Total weight of top 15 holdings out of 15
26.94%
MMCA
Total weight of top 15 holdings out of 15
25.56%
Top 15 holdings
Data as of July 31, 2026
TAXM
US57584YR272
2.25%
US575896A219
2.16%
US391712BH85
2.00%
US657339Z838
1.98%
US57563CER97
1.95%
US74441XJU46
1.93%
US84136JAG40
1.88%
US57585BGQ59
1.82%
Broward School Board, 5% 1jul2033, USD (2020A)
1.76%
US642170WK60
1.74%
Massachusetts Bay Transportation Authority, 5% 1jul2052, USD
1.63%
US57585BKT43
1.52%
Colorado Housing and Finance Authority, 3% 1may2048, USD (2026)
1.46%
University of Massachusetts Building Authority, 5% 1nov2052, USD (2022-1)
1.43%
US88283KCF30
1.42%
MMCA
California Community Choice Financing Authority, 5% 1oct2034, USD (2026G)
2.70%
California Community Choice Financing Authority, 5.25% 1feb2036, USD (2026C)
2.29%
US13013JCM62
2.26%
California Public Works Board, 5% 1sep2035, USD (2026)
2.14%
US120827ES50
2.06%
US13077DYV80
1.84%
San Jose (CA), 3.05% 1may2066, USD (2026A)
1.60%
California Infrastructure and Economic Development Bank, 3.25% 1jun2033, USD (2026)
1.59%
US845389PU30
1.37%
US13032UWT14
1.37%
California Community Choice Financing Authority, 5% 1apr2056, USD (2026A-1)
1.35%
US13080SJE54
1.29%
US376087EM00
1.24%
Anaheim Community Facilities District №08-1, 4% 1sep2041, USD (2016)
1.23%
US010824PH72
1.20%
Frequently asked questions about TAXM and MMCA
How have the TAXM and MMCA ETFs performed in 2026?
As of September 7, 2026, TAXM is down -0.41% year-to-date (YTD), while MMCA has lost -0.72%. That puts TAXM better performer ahead so far this year.
Which ETF is attracting more investor money: TAXM or MMCA?
Year-to-date, the TAXM ETF saw +$21M in flows, compared to +$23M for MMCA.
Which ETF is more volatile: TAXM or MMCA?
Over the past year, TAXM had a volatility of 2.14%, while MMCA experienced 2.23%.
Which ETF is bigger: TAXM or MMCA?
As of September 7, 2026, TAXM holds $40.60 M in assets under management (AUM), while MMCA manages $89.16 M.
What sectors do the TAXM and MMCA ETFs invest in?
TAXM leans toward sectors like Municipal. Meanwhile, MMCA focuses on Municipal.
What are the top holdings of the TAXM ETF and MMCA ETF?
TAXM top holdings include US57584YR272, US575896A219 and US391712BH85. MMCA holds in its top three: California Community Choice Financing Authority, 5% 1oct2034, USD (2026G), California Community Choice Financing Authority, 5.25% 1feb2036, USD (2026C) and US13013JCM62.
Which ETF is more diversified: TAXM or MMCA?
TAXM holds 158 securities with 26.94% of its assets in the top 15. MMCA has 124 securities and a top 15 weight of 25.56%.
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