LDRC vs. TAXS
LDRC (iShares iBonds 1-5 Year Corporate Ladder ETF) and TAXS (Northern Trust Short-Term Tax-Exempt Bond ETF) are both exchange-traded funds - LDRC is a Short-Term Bond fund tracking the BlackRock iBonds 1-5 Year Corporate Ladder Index, while TAXS is a Municipal Bonds fund tracking the ICE Short Term Focused Municipal Bond Index. Both are passively managed. Their 0.43 correlation means their historical movements had little consistent relationship. LDRC charges 0.10%/yr vs 0.05%/yr for TAXS.
Performance
LDRC vs. TAXS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LDRC achieves a 0.75% return, which is significantly lower than TAXS's 0.84% return.
LDRC
- 1D
- -0.16%
- 1M
- -0.50%
- 6M
- 0.51%
- YTD
- 0.75%
- 1Y
- 3.12%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 4.26%
TAXS
- 1D
- 0.00%
- 1M
- -0.36%
- 6M
- 0.30%
- YTD
- 0.84%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $277.08K | $298.53K | $510.97K | |
| $619.80K | $883.25K | $948.95K |
LDRC vs. TAXS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
LDRC iShares iBonds 1-5 Year Corporate Ladder ETF | 0.75% | 2.18% |
TAXS Northern Trust Short-Term Tax-Exempt Bond ETF | 0.84% | 1.22% |
Correlation
The correlation between LDRC and TAXS is 0.43, 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 | 0.43 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
LDRC vs. TAXS — Risk / Return Rank
LDRC
TAXS
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
LDRC vs. TAXS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds 1-5 Year Corporate Ladder ETF (LDRC) 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.
| LDRC | TAXS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.33 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.62 | — | — |
| Martin ratioReturn relative to average drawdown | 9.87 | — | — |
Loading charts...
Drawdowns
LDRC vs. TAXS - Drawdown Comparison
The maximum LDRC drawdown since its inception was -1.00%, which is greater than TAXS's maximum drawdown of -0.84%. Use the drawdown chart below to compare losses from any high point for LDRC and TAXS.
Loading charts...
Drawdown Indicators
| LDRC | TAXS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.00% | -0.84% | -0.16% |
Max Drawdown (1Y)Largest decline over 1 year | -1.00% | — | — |
Current DrawdownCurrent decline from peak | -0.50% | -0.39% | -0.11% |
Average DrawdownAverage peak-to-trough decline | -0.25% | -0.22% | -0.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.37% | — | — |
Volatility
LDRC vs. TAXS - Volatility Comparison
Loading charts...
Volatility by Period
| LDRC | TAXS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.60% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 1.26% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 2.22% | 1.03% | +1.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.45% | 1.03% | +1.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.45% | 1.03% | +1.42% |
LDRC vs. TAXS - Expense Ratio Comparison
LDRC has a 0.10% expense ratio, which is higher than TAXS's 0.05% 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%.
Dividends
LDRC vs. TAXS - Dividend Comparison
LDRC's dividend yield for the trailing twelve months is around 4.22%, more than TAXS's 2.04% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
LDRC iShares iBonds 1-5 Year Corporate Ladder ETF | 4.22% | 4.22% | 0.75% |
TAXS Northern Trust Short-Term Tax-Exempt Bond ETF | 2.04% | 0.74% | 0.00% |
Frequently Asked Questions
LDRC and TAXS have a correlation of 0.43, 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 0.10% for LDRC.
LDRC has the higher dividend yield at 4.22%, compared with 2.04% for TAXS.
LDRC is categorized as Short-Term Bond, while TAXS is Municipal Bonds. LDRC tracks BlackRock iBonds 1-5 Year Corporate Ladder Index, while TAXS tracks ICE Short Term Focused Municipal Bond Index. They also come from different issuers: iShares and Northern Trust. Their fees differ too: 0.10% for LDRC and 0.05% for TAXS.
Find the right allocation for LDRC and TAXS
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer