Bondbloxx IR+M Tax-Aware Short Duration ETF (TAXX)

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The chart shows the growth of an initial investment of $10,000 in Bondbloxx IR+M Tax-Aware Short Duration ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Bondbloxx IR+M Tax-Aware Short Duration ETF (TAXX) has returned 0.33% so far this year and 3.84% over the past 12 months.

Based on dividend-adjusted daily data since Mar 14, 2024, TAXX's average daily return is +0.02%, while the average monthly return is +0.33%. At this rate, your investment would double in approximately 17.5 years.

Historically, 80% of months were positive and 20% were negative. The best month was Jun 2025 with a return of +1.3%, while the worst month was Mar 2026 at -0.7%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 1 months.

On a daily basis, TAXX closed higher 61% of trading days. The best single day was Jun 30, 2025 with a return of +0.7%, while the worst single day was Apr 7, 2025 at -0.8%.

Bondbloxx IR+M Tax-Aware Short Duration ETF has an annualized alpha of 3.99%, beta of 0.01, and R² of 0.01 versus S&P 500 Index. Calculated based on daily prices since March 15, 2024.

• This ETF captured 14.42% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -2.91%) — a profile typical of hedging or uncorrelated assets.
• Beta of 0.01 may look defensive, but with R² of 0.01 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 0.01 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.

TAXX has an expense ratio of 0.35%, placing it in the medium range.

TAXX ranks 93 for risk / return — in the top 93% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for Bondbloxx IR+M Tax-Aware Short Duration ETF (TAXX) and compare them to a chosen benchmark (S&P 500 Index).

Bondbloxx IR+M Tax-Aware Short Duration ETF provided a 3.81% dividend yield over the last twelve months, with an annual payout of $1.93 per share.

The table displays the monthly dividend distributions for Bondbloxx IR+M Tax-Aware Short Duration ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Bondbloxx IR+M Tax-Aware Short Duration 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 Bondbloxx IR+M Tax-Aware Short Duration ETF was 0.91%, occurring on Apr 11, 2025. Recovery took 23 trading sessions.

The current Bondbloxx IR+M Tax-Aware Short Duration ETF drawdown is 0.74%.

The chart below shows the rolling one-month volatility.