Performance analysis of TAXS (Northern Trust ShortTerm TaxExempt Bond ETF)
Annual Return
Since Aug 19, 2025, TAXS has had an average annual return of +2.76%, underperforming the benchmark SPY, which returned +24.51% annual.
| 2026 | 2025 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +0.94% | +1.22% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.54% | +0.48% | -0.72% | +0.06% | +0.44% | +0.14% | +0.94% | ||||||
| 2025 | +0.09% | +0.20% | -0.02% | +0.48% | +0.47% | +1.22% |
Drawdown analysis of TAXS (Northern Trust ShortTerm TaxExempt Bond ETF)
The maximum drawdown for the TAXS was -0.84%, occurring on Mar 24, 2026. This drawdown has not yet recovered.
The current TAXS drawdown is -0.09%.
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -0.84% | Feb 27, 2026 | 17 | Mar 24, 2026 | Ongoing | Ongoing | Ongoing |
| -0.49% | Sep 16, 2025 | 36 | Nov 5, 2025 | 16 | Nov 28, 2025 | 52 |
| -0.06% | Aug 22, 2025 | 4 | Aug 28, 2025 | 4 | Sep 4, 2025 | 8 |
| -0.06% | Dec 19, 2025 | 1 | Dec 22, 2025 | 1 | Dec 23, 2025 | 2 |
| -0.05% | Nov 28, 2025 | 1 | Dec 1, 2025 | 2 | Dec 3, 2025 | 3 |
| -0.03% | Sep 11, 2025 | 1 | Sep 12, 2025 | 1 | Sep 15, 2025 | 2 |
| -0.03% | Dec 24, 2025 | 1 | Dec 26, 2025 | 1 | Dec 29, 2025 | 2 |
| -0.03% | Jan 16, 2026 | 1 | Jan 20, 2026 | 1 | Jan 21, 2026 | 2 |
| -0.03% | Feb 17, 2026 | 1 | Feb 18, 2026 | 2 | Feb 20, 2026 | 3 |
| -0.02% | Dec 5, 2025 | 2 | Dec 9, 2025 | 1 | Dec 10, 2025 | 3 |
| -0.02% | Dec 11, 2025 | 1 | Dec 12, 2025 | 1 | Dec 15, 2025 | 2 |
| -0.02% | Jan 2, 2026 | 1 | Jan 5, 2026 | 1 | Jan 6, 2026 | 2 |
| -0.01% | Aug 19, 2025 | 1 | Aug 20, 2025 | 1 | Aug 21, 2025 | 2 |
| -0.01% | Dec 29, 2025 | 1 | Dec 30, 2025 | 1 | Dec 31, 2025 | 2 |
| -0.01% | Jan 9, 2026 | 1 | Jan 12, 2026 | 1 | Jan 13, 2026 | 2 |
| -0.01% | Jan 21, 2026 | 1 | Jan 22, 2026 | 1 | Jan 23, 2026 | 2 |
| -0.01% | Jan 23, 2026 | 1 | Jan 26, 2026 | 1 | Jan 27, 2026 | 2 |