STAX vs SUB
Nomura Tax-Free USA Short Term ETF against iShares Short-Term National Muni Bond ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
0%
4 shared positions
Fee gap
22 bp
SUB is cheaper
1-year return gap
1.3 pts
SUB is ahead
Larger fund
SUB
$13.0B
Side by side
| STAX | SUB | |
|---|---|---|
| Fund | Nomura Tax-Free USA Short Term ETF | iShares Short-Term National Muni Bond ETF |
| Issuer | Nomura | iShares |
| Category | Short Muni | Short Muni |
| Expense ratio | 0.29% | 0.07% |
| Assets | $13M | $13.0B |
| Average daily dollar volume | $111K | $156M |
| Listed | Nov 28, 2023 | Nov 5, 2008 |
| FrenzyCap score | 35 | 98 |
| 1-month return | −0.1% | +0.3% |
| 3-month return | −1.3% | −0.3% |
| Year to date | −2.0% | −1.2% |
| 1-year return | −2.4% | −1.1% |
| 30-day volatility | 3.1% | 2.4% |
| Worst drawdown, 1 year | −4.2% | −3.1% |
| Trailing 12-month yield | 3.18% | 2.58% |
| Holdings | 96 | 3,112 |
| Top 10 weight | 18.1% | 2.5% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$7.0M thru Jun 2026 | +$479M thru May 2026 |
| 30-day implied volatility | — | — |
| Holdings as of | as of Jun 30, 2026SEC filing | as of Oct 20, 2026issuer data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
5% of STAX · 0% of SUB| Holding | STAX | SUB |
|---|---|---|
| New Jersey Transportation Trust Fund Authority, due Dec 15, 2027 | 1.08% | 0.08% |
| Metropolitan Transportation Authority 5%, due Nov 15, 2030 | 1.48% | 0.08% |
| State of New Jersey 5%, due Jun 1, 2029 | 1.60% | 0.04% |
| State of Illinois 5%, due Mar 1, 2030 | 0.52% | 0.01% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · STAX holdings · SUB holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.