ELFTX vs. ELFNX
Compare and contrast key facts about Elfun Tax Exempt Income Fund (ELFTX) and Elfun Trusts (ELFNX).
ELFTX is managed by State Street. It was launched on Jan 1, 1980. ELFNX is managed by State Street. It was launched on May 27, 1935.
Performance
ELFTX vs. ELFNX - Performance Comparison
Loading graphics...
ELFTX vs. ELFNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ELFTX Elfun Tax Exempt Income Fund | -0.77% | 3.29% | -0.14% | 4.27% | -8.97% | 0.87% | 4.50% | 7.13% | 0.91% | 4.72% |
ELFNX Elfun Trusts | -9.40% | 16.64% | 26.91% | 34.50% | -19.91% | 24.46% | 25.18% | 35.57% | -3.25% | 25.60% |
Returns By Period
In the year-to-date period, ELFTX achieves a -0.77% return, which is significantly higher than ELFNX's -9.40% return. Over the past 10 years, ELFTX has underperformed ELFNX with an annualized return of 1.37%, while ELFNX has yielded a comparatively higher 14.84% annualized return.
ELFTX
- 1D
- 0.21%
- 1M
- -2.59%
- YTD
- -0.77%
- 6M
- 0.94%
- 1Y
- 3.35%
- 3Y*
- 1.40%
- 5Y*
- -0.22%
- 10Y*
- 1.37%
ELFNX
- 1D
- -0.21%
- 1M
- -7.68%
- YTD
- -9.40%
- 6M
- -6.55%
- 1Y
- 12.68%
- 3Y*
- 18.88%
- 5Y*
- 10.93%
- 10Y*
- 14.84%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ELFTX vs. ELFNX - Expense Ratio Comparison
ELFTX has a 0.21% expense ratio, which is higher than ELFNX's 0.18% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
ELFTX vs. ELFNX — Risk / Return Rank
ELFTX
ELFNX
ELFTX vs. ELFNX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Elfun Tax Exempt Income Fund (ELFTX) and Elfun Trusts (ELFNX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| ELFTX | ELFNX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.79 | 0.71 | +0.08 |
Sortino ratioReturn per unit of downside risk | 1.08 | 1.13 | -0.05 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.16 | +0.06 |
Calmar ratioReturn relative to maximum drawdown | 0.85 | 0.93 | -0.08 |
Martin ratioReturn relative to average drawdown | 2.58 | 3.55 | -0.98 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| ELFTX | ELFNX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.79 | 0.71 | +0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.06 | 0.61 | -0.67 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.36 | 0.81 | -0.45 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.71 | 0.58 | +0.13 |
Correlation
The correlation between ELFTX and ELFNX is 0.02, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
ELFTX vs. ELFNX - Dividend Comparison
ELFTX's dividend yield for the trailing twelve months is around 3.70%, less than ELFNX's 10.89% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ELFTX Elfun Tax Exempt Income Fund | 3.70% | 3.99% | 2.66% | 2.88% | 3.09% | 2.61% | 3.24% | 3.78% | 4.09% | 4.00% | 4.00% | 3.82% |
ELFNX Elfun Trusts | 10.89% | 9.87% | 10.43% | 2.90% | 9.01% | 11.62% | 8.60% | 9.39% | 16.18% | 10.80% | 8.85% | 8.22% |
Drawdowns
ELFTX vs. ELFNX - Drawdown Comparison
The maximum ELFTX drawdown since its inception was -19.15%, smaller than the maximum ELFNX drawdown of -50.28%. Use the drawdown chart below to compare losses from any high point for ELFTX and ELFNX.
Loading graphics...
Drawdown Indicators
| ELFTX | ELFNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.15% | -50.28% | +31.13% |
Max Drawdown (1Y)Largest decline over 1 year | -5.23% | -11.48% | +6.25% |
Max Drawdown (5Y)Largest decline over 5 years | -13.59% | -26.39% | +12.80% |
Max Drawdown (10Y)Largest decline over 10 years | -13.59% | -32.44% | +18.85% |
Current DrawdownCurrent decline from peak | -3.44% | -11.40% | +7.96% |
Average DrawdownAverage peak-to-trough decline | -3.42% | -7.65% | +4.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.73% | 3.01% | -1.28% |
Volatility
ELFTX vs. ELFNX - Volatility Comparison
The current volatility for Elfun Tax Exempt Income Fund (ELFTX) is 1.04%, while Elfun Trusts (ELFNX) has a volatility of 4.40%. This indicates that ELFTX experiences smaller price fluctuations and is considered to be less risky than ELFNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| ELFTX | ELFNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.04% | 4.40% | -3.36% |
Volatility (6M)Calculated over the trailing 6-month period | 1.66% | 9.57% | -7.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.12% | 18.37% | -13.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.86% | 17.87% | -14.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.84% | 18.35% | -14.51% |