NYSE CRTR Economy Event Watch the replay →
Northern Trust Short-Term Tax-Exempt Bond ETF
TAXS performance and flow charts
Performance
Flows
Historic performance and flows
Data as of June 8, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | +0.37% | +0.24% | +1.04% | |||
| Flows | +$12M | +$63M | +$70M | - | - | - |
Characteristics
The Northern Trust Short-Term Tax-Exempt Bond ETF is built to track the ICE Short Term Focused Municipal Bond Index - USD. This ETF provides physical exposure - by owning its shares you earn the return of the securities composing the index (as the ETF holds them directly). This share class generates a stream of income by distributing dividends.
| Management strategy | Passive |
| Strategy | Long Only |
| Provider | Northern Trust |
| N° of holdings | 0 |
| Replication method | Direct (Physical) |
| Asset class | Fixed Income |
| Dividend policy | Distributing |
| Inception date | August 19, 2025 |
| ESG | No |
More data and info about TAXS on Trackinsight
Exposure
Data as of January 1, 1970Latest news about TAXS
Trading data
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +1.11% | |||
Max drawdown | -0.59% | |||
Max drawdown duration | 79d | N/A | N/A | N/A |
Time to recover | 63d | N/A | N/A | N/A |
Replication quality
Data as of June 9, 2026Create an account to view replication metrics
1 year cumulative return difference | |
|---|---|
| Best | Join for free |
| Worst | Join for free |
| daily return difference | |
|---|---|
| Average | Join for free |
| Worst | Join for free |
What type of ETF is TAXS?
TAXS is a Passive ETF that provides exposure to Fixed Income assets. It is managed by Northern Trust.
What index does TAXS track?
TAXS tracks the ICE Short Term Focused Municipal Bond Index - USD, aiming to replicate its performance through optimized sampling.
What does TAXS invest in?
This ETF provides exposure to US Investment Grade Municipal Bonds. It is part of the segment: Municipal Bonds.
What is the expense ratio of TAXS?
The total expense ratio (TER) of TAXS is 0.05%, representing the annual fee charged by the fund manager.
When was TAXS launched?
TAXS was launched on August 19, 2025, marking its entry into the ETF market.
Who is the issuer of TAXS?
TAXS is issued by Northern Trust.
What is the AUM of TAXS?
As of June 8, 2026, TAXS manages $141.65 M, reflecting the total assets held in the fund.
How has TAXS performed recently?
As of June 8, 2026, TAXS delivered a return of 0.37% over the past month (1M performance), 0.24% over the past three months (3M), and 1.04% year-to-date (YTD).
What are the recent fund flows for TAXS?
As of June 8, 2026, TAXS has seen net flows of +$12M in the past month (1M flow) and +$70M year-to-date (YTD).
Advantages of ETFs over Mutual Funds1/6
Lower Costs
In this guide, we'll explore the advantages of ETFs over mutual funds, giving you valuable insights into why ETFs have gained significant popularity among investors like yourself.
Leveraged ETFs: Unlocking the Potential for Amplified Returns1/6
Understanding Leveraged ETFs
Explore leveraged ETFs: potential for amplified returns & risks. 5 ETFs to consider across equities, commodities & fixed income.
What is a Leveraged ETF?1/6
Introducing Leveraged and Inverse ETFs
In this guide, we'll dive into the world of leveraged ETFs, exploring their definition, mechanics, potential risks, and rewards.
Recent educational content
Asset TV
The ETF Show - New Autism-Impact ETF Launched
Defiance ETFs has launched the first ETF, $ASD, focused on the autism ecosystem, investing in companies that provide services, products, and research related to autism and neurodivergence.
ETF Trends
ETF Industry KPIs June 1, 2026
The ETF Industry saw 22 New Launches, 1 Ticker Change and 1 closure last week.
ETF Trends
ETF Industry KPIs May 20, 2026
The ETF Industry saw 44 New Launches, 3 Mutual Fund Conversions and 9 closures last week.
Asset TV
The ETF Show - Politics Becomes Investable Trade through ETFs
Dan Weiskopf, Senior Portfolio Manager at Tidal Financial Group spoke with the ETF Show about Subversive ETFs that help investors trade like politicians.
Browse all educational columns
Expert-Built ETF Portfolios, All in One Place
Don’t start from scratch. Discover ready-made ETF portfolios built by professionals to match different goals, timelines, and market views. Use them as inspiration or as a starting point for your own allocation.
