STAX vs VTES
Nomura Tax-Free USA Short Term ETF against Vanguard Short-Term Tax-Exempt Bond ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
0%
8 shared positions
Fee gap
24 bp
VTES is cheaper
1-year return gap
0.3 pts
VTES is ahead
Larger fund
VTES
$2.0B
Side by side
| STAX | VTES | |
|---|---|---|
| Fund | Nomura Tax-Free USA Short Term ETF | Vanguard Short-Term Tax-Exempt Bond ETF |
| Issuer | Nomura | Vanguard |
| Category | Short Muni | Short Muni |
| Expense ratio | 0.29% | 0.05% |
| Assets | $13M | $2.0B |
| Average daily dollar volume | $111K | $92M |
| Listed | Nov 28, 2023 | Mar 8, 2023 |
| FrenzyCap score | 35 | 96 |
| 1-month return | −0.1% | +0.4% |
| 3-month return | −1.3% | −0.7% |
| Year to date | −2.0% | −1.9% |
| 1-year return | −2.4% | −2.0% |
| 30-day volatility | 3.1% | 3.2% |
| Worst drawdown, 1 year | −4.2% | −4.5% |
| Trailing 12-month yield | 3.18% | 2.70% |
| Holdings | 96 | 4,001 |
| Top 10 weight | 18.1% | 3.2% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$7.0M thru Jun 2026 | +$246M thru May 2026 |
| 30-day implied volatility | — | 15.2% |
| 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
9% of STAX · 0% of VTES| Holding | STAX | VTES |
|---|---|---|
| Metropolitan Transportation Authority 5%, due Nov 15, 2030 | 1.48% | 0.17% |
| State of New Jersey 5%, due Jun 1, 2029 | 1.60% | 0.13% |
| New York City Municipal Water Finance Authority 5%, due Jun 15, 2032 | 0.85% | 0.03% |
| State of Illinois 5%, due Nov 1, 2031 | 1.99% | 0.03% |
| County of Jefferson 5%, due Oct 1, 2030 | 1.54% | 0.03% |
| State of Georgia 5%, due Feb 1, 2028 | 0.80% | 0.02% |
| State of Illinois 5%, due Mar 1, 2030 | 0.52% | 0.01% |
| Texas Private Activity Bond Surface Transportation Corp. 5%, due Dec 31, 2031 | 0.40% | 0.01% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · STAX holdings · VTES 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.