Bondbloxx IR+M Tax-Aware Short Duration ETF (TAXX)
TAXX is an actively managed ETF by BondBloxx. TAXX launched on Mar 14, 2024 and has a 0.35% expense ratio.
ETF Info
Mar 14, 2024
1x
No Index (Active)
Share Price Chart
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Performance
Performance Chart
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.
Returns By Period
TAXX
N/A
0.03%
2.74%
N/A
N/A
N/A
^GSPC (Benchmark)
23.56%
0.49%
11.03%
30.56%
13.70%
11.10%
Monthly Returns
The table below presents the monthly returns of TAXX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.01% | -0.11% | 0.36% | 0.63% | 0.95% | 0.78% | 0.51% | -0.24% | 3.18% |
Expense Ratio
TAXX features an expense ratio of 0.35%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Bondbloxx IR+M Tax-Aware Short Duration ETF (TAXX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Not enough dataDividends
Dividend History
Bondbloxx IR+M Tax-Aware Short Duration ETF provided a 2.12% dividend yield over the last twelve months, with an annual payout of $1.07 per share.
| Period | TTM |
|---|---|
| Dividend | $1.07 |
Dividend yield | 2.12% |
Monthly Dividends
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.15 | $0.17 | $0.14 | $0.16 | $0.15 | $0.15 | $0.15 | $1.07 |
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.
Worst Drawdowns
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 0.59%, occurring on Apr 10, 2024. Recovery took 17 trading sessions.
The current Bondbloxx IR+M Tax-Aware Short Duration ETF drawdown is 0.12%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -0.59% | Mar 21, 2024 | 14 | Apr 10, 2024 | 17 | May 3, 2024 | 31 |
| -0.45% | Oct 2, 2024 | 16 | Oct 23, 2024 | — | — | — |
| -0.41% | Jul 24, 2024 | 2 | Jul 25, 2024 | 6 | Aug 2, 2024 | 8 |
| -0.38% | May 16, 2024 | 9 | May 29, 2024 | 5 | Jun 5, 2024 | 14 |
| -0.19% | Aug 6, 2024 | 3 | Aug 8, 2024 | 3 | Aug 13, 2024 | 6 |
Volatility
Volatility Chart
The current Bondbloxx IR+M Tax-Aware Short Duration ETF volatility is 0.39%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.