TAFM vs. RVNU
Compare and contrast key facts about AB Tax-Aware Intermediate Municipal ETF (TAFM) and Xtrackers Municipal Infrastructure Revenue Bond ETF (RVNU).
TAFM and RVNU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TAFM is an actively managed fund by AllianceBernstein. It was launched on Dec 12, 2023. RVNU is a passively managed fund by Deutsche Bank that tracks the performance of the Solactive Municipal Infrastructure Revenue Bond Index. It was launched on Jun 4, 2013.
Performance
TAFM vs. RVNU - Performance Comparison
Loading graphics...
TAFM vs. RVNU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
TAFM AB Tax-Aware Intermediate Municipal ETF | 0.38% | 4.21% | 2.54% | 1.51% |
RVNU Xtrackers Municipal Infrastructure Revenue Bond ETF | 1.36% | 0.58% | 1.46% | 2.10% |
Returns By Period
In the year-to-date period, TAFM achieves a 0.38% return, which is significantly lower than RVNU's 1.36% return.
TAFM
- 1D
- 0.28%
- 1M
- -1.72%
- YTD
- 0.38%
- 6M
- 1.67%
- 1Y
- 4.08%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
RVNU
- 1D
- 0.36%
- 1M
- -0.87%
- YTD
- 1.36%
- 6M
- 2.16%
- 1Y
- 2.94%
- 3Y*
- 2.82%
- 5Y*
- -0.24%
- 10Y*
- 1.93%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TAFM vs. RVNU - Expense Ratio Comparison
TAFM has a 0.28% expense ratio, which is higher than RVNU's 0.15% expense ratio.
Return for Risk
TAFM vs. RVNU — Risk / Return Rank
TAFM
RVNU
TAFM vs. RVNU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AB Tax-Aware Intermediate Municipal ETF (TAFM) and Xtrackers Municipal Infrastructure Revenue Bond ETF (RVNU). 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.
| TAFM | RVNU | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.68 | 0.37 | +0.31 |
Sortino ratioReturn per unit of downside risk | 0.88 | 0.53 | +0.35 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.08 | +0.09 |
Calmar ratioReturn relative to maximum drawdown | 1.02 | 0.65 | +0.37 |
Martin ratioReturn relative to average drawdown | 3.06 | 1.55 | +1.50 |
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
| TAFM | RVNU | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.68 | 0.37 | +0.31 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.03 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.26 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.75 | 0.37 | +0.38 |
Correlation
The correlation between TAFM and RVNU is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
TAFM vs. RVNU - Dividend Comparison
TAFM's dividend yield for the trailing twelve months is around 3.63%, more than RVNU's 3.53% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TAFM AB Tax-Aware Intermediate Municipal ETF | 3.63% | 3.51% | 3.35% | 0.18% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RVNU Xtrackers Municipal Infrastructure Revenue Bond ETF | 3.53% | 3.46% | 3.06% | 2.79% | 2.81% | 2.18% | 2.43% | 2.75% | 2.76% | 2.49% | 2.72% | 3.01% |
Drawdowns
TAFM vs. RVNU - Drawdown Comparison
The maximum TAFM drawdown since its inception was -4.74%, smaller than the maximum RVNU drawdown of -23.51%. Use the drawdown chart below to compare losses from any high point for TAFM and RVNU.
Loading graphics...
Drawdown Indicators
| TAFM | RVNU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.74% | -23.51% | +18.77% |
Max Drawdown (1Y)Largest decline over 1 year | -4.44% | -6.12% | +1.68% |
Max Drawdown (5Y)Largest decline over 5 years | — | -23.51% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -23.51% | — |
Current DrawdownCurrent decline from peak | -1.85% | -5.01% | +3.16% |
Average DrawdownAverage peak-to-trough decline | -0.94% | -4.99% | +4.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.48% | 2.57% | -1.09% |
Volatility
TAFM vs. RVNU - Volatility Comparison
The current volatility for AB Tax-Aware Intermediate Municipal ETF (TAFM) is 1.25%, while Xtrackers Municipal Infrastructure Revenue Bond ETF (RVNU) has a volatility of 2.09%. This indicates that TAFM experiences smaller price fluctuations and is considered to be less risky than RVNU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| TAFM | RVNU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.25% | 2.09% | -0.84% |
Volatility (6M)Calculated over the trailing 6-month period | 2.19% | 3.50% | -1.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.00% | 7.94% | -1.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.07% | 7.16% | -2.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.07% | 7.30% | -2.23% |