- Issuer
- Northern Trust
- Inception Date
- Aug 18, 2025
- Region
- North America (United States)
- Category
- Municipal Bonds
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Bond
- Assets Under Management
- $8M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
MUND Performance Chart
Northern Trust 2055 Tax-Exempt Distributing Ladder ETF (MUND) is up 1.3% since the beginning of the year. MUND is currently trading at $103 per share.
Loading charts...
Returns By Period
Northern Trust 2055 Tax-Exempt Distributing Ladder ETF
- 1D
- -0.09%
- 1M
- -0.18%
- YTD
- 1.28%
- 6M
- 1.54%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -2.64%
- 1M
- 0.64%
- YTD
- 7.86%
- 6M
- 7.47%
- 1Y
- 23.05%
- 3Y*
- 19.90%
- 5Y*
- 11.79%
- 10Y*
- 13.33%
MUND Monthly Returns History
Based on dividend-adjusted daily data since Aug 19, 2025, MUND's average daily return is +0.03%, while the average monthly return is +0.51%. At this rate, an investment would double in approximately 11.4 years.
Historically, 73% of months were positive and 27% were negative. The best month was Sep 2025 with a return of +2.4%, while the worst month was Mar 2026 at -1.9%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 1 months.
On a daily basis, MUND closed higher 53% of trading days. The best single day was Nov 18, 2025 with a return of +3.7%, while the worst single day was Nov 19, 2025 at -3.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.75% | 0.99% | -1.87% | 1.23% | 0.39% | -0.20% | 1.28% | ||||||
| 2025 | -0.03% | 2.42% | 1.37% | 0.38% | 0.16% | 4.34% |
Benchmark Metrics
Northern Trust 2055 Tax-Exempt Distributing Ladder ETF has an annualized alpha of 7.07%, beta of 0.02, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since August 20, 2025.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (24.36%) than losses (11.96%) - typical of diversified or defensive assets.
- Beta of 0.02 may look defensive, but with R2 of 0.00 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.00 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 7.07%
- Beta
- 0.02
- R²
- 0.00
- Upside Capture
- 24.36%
- Downside Capture
- 11.96%
Expense Ratio
MUND has an expense ratio of 0.18%, which is considered low.
Return for Risk
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Northern Trust 2055 Tax-Exempt Distributing Ladder ETF (MUND) and compare them to S&P 500 Index.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Dividends
Dividend History
Northern Trust 2055 Tax-Exempt Distributing Ladder ETF provided a 2.81% dividend yield over the last twelve months, with an annual payout of $2.89 per share.
| Period | TTM | 2025 |
|---|---|---|
| Dividend | $2.89 | $1.36 |
Dividend yield | 2.81% | 1.32% |
Monthly Dividends
The table displays the monthly dividend distributions for Northern Trust 2055 Tax-Exempt Distributing Ladder ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.31 | $0.27 | $0.33 | $0.30 | $0.31 | $1.53 | ||||||
| 2025 | $0.12 | $0.31 | $0.31 | $0.62 | $1.36 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Northern Trust 2055 Tax-Exempt Distributing Ladder ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Northern Trust 2055 Tax-Exempt Distributing Ladder ETF was 4.19%, occurring on Mar 23, 2026. The portfolio has not yet recovered.
The current Northern Trust 2055 Tax-Exempt Distributing Ladder ETF drawdown is 1.96%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2026 pullback2026 | -4.19%Mar 2026 | 4mo 4d | — | 6mo 20dNov 2025 - now |
2025 pullback2025 | -0.97%Oct 2025 | 1d | 20d | 21dOct 2025 - Nov 2025 |
2025 pullback2025 | -0.79%Sep 2025 | 7d | 15d | 22dSep 2025 - Oct 2025 |
2025 pullback2025 | -0.50%Oct 2025 | 0s | 1d | 1dOct 2025 - Oct 2025 |
2025 pullback2025 | -0.48%Oct 2025 | 6d | 1d | 7dOct 2025 - Oct 2025 |
Drawdown Indicators
| MUND | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.19% | -56.78% | +52.59% |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.10% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -1.96% | -2.97% | +1.01% |
Average DrawdownAverage peak-to-trough decline | -1.88% | -10.72% | +8.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.97% | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with MUND
Add Northern Trust 2055 Tax-Exempt Distributing Ladder ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with MUND