GENM vs. TAXS
GENM (Genter Capital Municipal Quality Intermediate ETF) and TAXS (Northern Trust Short-Term Tax-Exempt Bond ETF) are both Municipal Bonds funds. GENM is actively managed, while TAXS is passively managed. Their 0.37 correlation means their historical movements had little consistent relationship. GENM charges 0.39%/yr vs 0.05%/yr for TAXS.
Performance
GENM vs. TAXS - Performance Comparison
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Returns By Period
In the year-to-date period, GENM achieves a 0.11% return, which is significantly lower than TAXS's 0.92% return.
GENM
- 1D
- -0.20%
- 1M
- -1.30%
- 6M
- -0.73%
- YTD
- 0.11%
- 1Y
- 2.36%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 3.35%
TAXS
- 1D
- 0.08%
- 1M
- -0.28%
- 6M
- 0.36%
- YTD
- 0.92%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $253.68K | $239.24K | $203.02K | |
| $519.79K | $626.14K | $961.94K |
GENM vs. TAXS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GENM Genter Capital Municipal Quality Intermediate ETF | 0.11% | 2.25% |
TAXS Northern Trust Short-Term Tax-Exempt Bond ETF | 0.92% | 1.22% |
Correlation
The correlation between GENM and TAXS is 0.37, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 19, 2025 | 0.37 |
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Return for Risk
GENM vs. TAXS — Risk / Return Rank
GENM
TAXS
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
GENM vs. TAXS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Genter Capital Municipal Quality Intermediate ETF (GENM) and Northern Trust Short-Term Tax-Exempt Bond ETF (TAXS). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GENM | TAXS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.16 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.10 | — | — |
| Martin ratioReturn relative to average drawdown | 3.02 | — | — |
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Drawdowns
GENM vs. TAXS - Drawdown Comparison
The maximum GENM drawdown since its inception was -2.41%, which is greater than TAXS's maximum drawdown of -0.84%. Use the drawdown chart below to compare losses from any high point for GENM and TAXS.
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Drawdown Indicators
| GENM | TAXS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.41% | -0.84% | -1.57% |
Max Drawdown (1Y)Largest decline over 1 year | -2.15% | — | — |
Current DrawdownCurrent decline from peak | -1.92% | -0.31% | -1.61% |
Average DrawdownAverage peak-to-trough decline | -0.53% | -0.22% | -0.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.78% | — | — |
Volatility
GENM vs. TAXS - Volatility Comparison
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Volatility by Period
| GENM | TAXS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.94% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 2.07% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 2.83% | 1.03% | +1.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.15% | 1.03% | +2.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.15% | 1.03% | +2.12% |
GENM vs. TAXS - Expense Ratio Comparison
GENM has a 0.39% expense ratio, which is higher than TAXS's 0.05% expense ratio.
Dividends
GENM vs. TAXS - Dividend Comparison
GENM's dividend yield for the trailing twelve months is around 2.97%, more than TAXS's 2.26% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
GENM Genter Capital Municipal Quality Intermediate ETF | 2.97% | 2.88% | 2.19% |
TAXS Northern Trust Short-Term Tax-Exempt Bond ETF | 2.26% | 0.74% | 0.00% |
Frequently Asked Questions
GENM and TAXS have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TAXS is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TAXS is cheaper with a 0.05% expense ratio, compared with 0.39% for GENM.
GENM has the higher dividend yield at 2.97%, compared with 2.26% for TAXS.
They also come from different issuers: Genter Capital and Northern Trust. Their fees differ too: 0.39% for GENM and 0.05% for TAXS.
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