MYMH vs. TAXT

Last updated Aug 2, 2026

MYMH (State Street My2028 Municipal Bond ETF) and TAXT (Northern Trust Tax-Exempt Bond ETF) are both Municipal Bonds funds. MYMH is actively managed, while TAXT is passively managed. Their 0.73 correlation means they have sometimes moved together and sometimes differently. MYMH charges 0.20%/yr vs 0.05%/yr for TAXT.

Performance

MYMH vs. TAXT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street My2028 Municipal Bond ETF (MYMH) and Northern Trust Tax-Exempt Bond ETF (TAXT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MYMH achieves a 0.63% return, which is significantly higher than TAXT's 0.32% return.

MYMH

• 1D: 0.00%
• 1M: -0.24%
• 6M: 0.10%
• YTD: 0.63%
• 1Y: 2.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 1.50%

TAXT

• 1D: -0.08%
• 1M: -1.57%
• 6M: -0.46%
• YTD: 0.32%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
MYMH State Street My2028 Municipal Bond ETF	$7.31K	$6.51K	$5.52K
TAXT Northern Trust Tax-Exempt Bond ETF	$101.60K	$96.04K	$143.38K

MYMH vs. TAXT - Yearly Performance Comparison

	2026 (YTD)	2025
MYMH State Street My2028 Municipal Bond ETF	0.63%	2.18%
TAXT Northern Trust Tax-Exempt Bond ETF	0.32%	3.91%

Correlation

The correlation between MYMH and TAXT is 0.73, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 19, 2025	0.73

Return for Risk

MYMH vs. TAXT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

MYMH

MYMH Risk / Return Rank: 89
MYMH Sharpe Ratio Rank: 93
MYMH Sortino Ratio Rank: 95
MYMH Omega Ratio Rank: 96
MYMH Calmar Ratio Rank: 87
MYMH Martin Ratio Rank: 72

TAXT

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

MYMH vs. TAXT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street My2028 Municipal Bond ETF (MYMH) and Northern Trust Tax-Exempt Bond ETF (TAXT). 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.

	MYMH	TAXT	Difference
Sharpe ratio: Return per unit of total volatility	2.57	—	—
Sortino ratio: Return per unit of downside risk	3.92	—	—
Omega ratio: Gain probability vs. loss probability	1.65	—	—
Calmar ratio: Return relative to maximum drawdown	3.52	—	—
Martin ratio: Return relative to average drawdown	8.95	—	—

Drawdowns

MYMH vs. TAXT - Drawdown Comparison

The maximum MYMH drawdown since its inception was -2.67%, which is greater than TAXT's maximum drawdown of -2.49%. Use the drawdown chart below to compare losses from any high point for MYMH and TAXT.

Drawdown Indicators

	MYMH	TAXT	Difference
Max Drawdown Largest peak-to-trough decline	-2.67%	-2.49%	-0.18%
Max Drawdown (1Y) Largest decline over 1 year	-0.90%	—	—
Current Drawdown Current decline from peak	-0.54%	-1.72%	+1.18%
Average Drawdown Average peak-to-trough decline	-0.50%	-0.52%	+0.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.35%	—	—

Volatility

Volatility by Period

	MYMH	TAXT	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.25%	—	—
Volatility (6M) Calculated over the trailing 6-month period	0.92%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	1.24%	2.57%	-1.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.52%	2.57%	-0.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.52%	2.57%	-0.05%

MYMH vs. TAXT - Expense Ratio Comparison

MYMH has a 0.20% expense ratio, which is higher than TAXT'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

MYMH vs. TAXT - Dividend Comparison

MYMH's dividend yield for the trailing twelve months is around 2.89%, more than TAXT's 2.86% yield.

Position	TTM	2025	2024
MYMH State Street My2028 Municipal Bond ETF	2.64%	3.01%	0.88%
TAXT Northern Trust Tax-Exempt Bond ETF	2.86%	1.23%	0.00%

Frequently Asked Questions

Can I hold both MYMH and TAXT in my portfolio?

MYMH and TAXT have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MYMH or TAXT?

On fees, TAXT is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MYMH or TAXT?

TAXT is cheaper with a 0.05% expense ratio, compared with 0.20% for MYMH.

Which ETF pays a higher dividend yield, MYMH or TAXT?

TAXT has the higher dividend yield at 2.86%, compared with 2.64% for MYMH.

What is the main difference between MYMH and TAXT?

They also come from different issuers: State Street and Northern Trust. Their fees differ too: 0.20% for MYMH and 0.05% for TAXT.