Performance analysis of MUNC (NORTHERN TRUST 2045 TAX-EXEMPT DISTRIBUTING LADDER ETF)
Annual Return
Since Aug 19, 2025, MUNC has had an average annual return of +4.67%, underperforming the benchmark SPY, which returned +18.95% annual.
| 2026 | 2025 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +0.48% | +3.78% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.10% | +1.11% | -2.70% | +1.26% | +0.13% | +0.55% | -0.91% | +0.48% | |||||
| 2025 | +0.20% | +1.97% | +1.09% | +0.31% | +0.17% | +3.78% |
Drawdown analysis of MUNC (NORTHERN TRUST 2045 TAX-EXEMPT DISTRIBUTING LADDER ETF)
The maximum drawdown for the MUNC was -3.16%, occurring on Mar 27, 2026. This drawdown has not yet recovered.
The current MUNC drawdown is -1.79%.
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -3.16% | Feb 26, 2026 | 21 | Mar 27, 2026 | Ongoing | Ongoing | Ongoing |
| -0.58% | Sep 17, 2025 | 7 | Sep 26, 2025 | 10 | Oct 10, 2025 | 17 |
| -0.55% | Jan 16, 2026 | 3 | Jan 22, 2026 | 4 | Jan 28, 2026 | 7 |
| -0.34% | Nov 11, 2025 | 19 | Dec 9, 2025 | 10 | Dec 23, 2025 | 29 |
| -0.24% | Oct 24, 2025 | 3 | Oct 29, 2025 | 7 | Nov 7, 2025 | 10 |
| -0.18% | Feb 3, 2026 | 1 | Feb 4, 2026 | 1 | Feb 5, 2026 | 2 |
| -0.14% | Feb 17, 2026 | 2 | Feb 19, 2026 | 2 | Feb 23, 2026 | 4 |
| -0.10% | Dec 23, 2025 | 1 | Dec 24, 2025 | 3 | Dec 30, 2025 | 4 |
| -0.09% | Aug 28, 2025 | 2 | Sep 2, 2025 | 2 | Sep 4, 2025 | 4 |
| -0.07% | Aug 19, 2025 | 2 | Aug 21, 2025 | 1 | Aug 22, 2025 | 3 |
| -0.06% | Feb 24, 2026 | 1 | Feb 25, 2026 | 1 | Feb 26, 2026 | 2 |
| -0.04% | Oct 17, 2025 | 1 | Oct 20, 2025 | 1 | Oct 21, 2025 | 2 |
| -0.04% | Feb 10, 2026 | 1 | Feb 11, 2026 | 1 | Feb 12, 2026 | 2 |
| -0.03% | Oct 10, 2025 | 1 | Oct 13, 2025 | 1 | Oct 14, 2025 | 2 |
| -0.03% | Jan 9, 2026 | 2 | Jan 13, 2026 | 1 | Jan 14, 2026 | 3 |
| -0.02% | Oct 22, 2025 | 1 | Oct 23, 2025 | 1 | Oct 24, 2025 | 2 |
| -0.02% | Feb 6, 2026 | 1 | Feb 9, 2026 | 1 | Feb 10, 2026 | 2 |
| -0.01% | Jan 28, 2026 | 1 | Jan 29, 2026 | 1 | Jan 30, 2026 | 2 |