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TAXF vs NEAR

American Century Diversified Municipal Bond ETF vs iShares Short Duration Bond Active ETF

TAXF

American Century Diversified Municipal Bond ETF

American Century Investments

Annual cost

0.27%

Fund size

$627M

NEAR

iShares Short Duration Bond Active ETF

iShares

Annual cost

0.25%

Fund size

$4.3B

Key differences

  • NEAR is significantly larger than TAXF — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, NEAR has delivered higher annualized returns.
  • NEAR has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

TAXFNEAR
Annual cost (TER)0.27%0.25%
Fund size (AUM)$627M$4.3B
Since20182013
Dividend yield3.82%4.48%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionactive selection
CAGR 1Y+7.0%+4.4%
CAGR 3Y+3.6%+5.6%
CAGR 5Y+0.9%+3.8%
Sharpe 3Y0.031.18
Volatility 1Y3.09%1.37%
Max drawdown-13.94%-9.61%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to TAXF and NEAR