KTF vs TAXM
DWS Municipal Income Trust vs BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents
Which is better, KTF or TAXM?
TAXM has been ahead.
TAXM led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | KTF | TAXM |
|---|---|---|
| Expense Ratio | - | 0.35% |
| AUM | $321M | $40M |
| Dividend Yield | 9.36% | 3.43% |
| Holdings | 232 | 162 |
| YTD Return | -6.11% | -3.22%Best |
| 1Y Return | -5.53% | -2.42%Best |
| 3Y Return (annualized) | +9.12% | - |
| 5Y Return (annualized) | -1.77% | - |
| Volatility (annualized) | 8.8% | 4.7%Best |
| Max Drawdown | -12.3% | -6.2%Best |
| $10,000 over 1.6 years | $9,780 | $10,040Best |
| Fund Family | DWS | BondBloxx |
| Category | Tax Preferred | Tax Preferred |
| Style | Municipal Bond | Municipal Bond |
| Inception | Oct 20, 1988 | Mar 13, 2025 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.6 years row, are measured over the window both funds cover: Mar 13, 2025 to Oct 14, 2026 (1.6 years).
KTF vs TAXM growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.6 years both funds cover.
KTF vs TAXM Performance
DWS Municipal Income Trust (KTF) is an ETF from DWS and BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents (TAXM) is an ETF from BondBloxx. Over the past year KTF returned -5.53% while TAXM returned -2.42%. Year to date, KTF is down 6.11% versus a loss of 3.22% for TAXM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
KTF has been the more volatile fund, with annualized monthly volatility of 8.8% compared with 4.7% for TAXM. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -12.3% for KTF and -6.2% for TAXM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.85. They usually move together, but the gap leaves some room for diversification.
Holdings Overlap
We hold position weights for 105 holdings in KTF and 69 in TAXM, totalling 40.7% and 32.5% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 3 positions appear in both.
The two holdings books were reported 63 days apart, KTF as of Jul 31, 2026 and TAXM as of Oct 2, 2026, so some of the difference between them is the time between the two reports rather than the funds.
3 positions in common, counted across the 105 positions we hold weights for in KTF and 69 in TAXM, against full books of 232 and 162.
Top Shared Holdings
| Stock | Weight in KTF | Weight in TAXM | Difference |
|---|---|---|---|
| NY MTATRN 5 11/15/20Ny Met Transprtn Auth Rev 5.00% 2050-11-15 | 0.37% | 1.32% | 0.95% |
| TN TNSUTL 05/01/2052Tennessee Energy Acquisition Corp Variable Rate, Due 05/01/2052 | 0.26% | 0.42% | 0.16% |
| AL BBEUTL 06/01/2049Black Belt Energy Gas Dist Ala 5.5% Feb 01, 2029 | 0.16% | 0.28% | 0.12% |
You are not choosing between two funds in isolation.
Whichever of KTF and TAXM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which performed better, KTF or TAXM?
Over the past year KTF returned -5.53% vs -2.42% for TAXM, so TAXM leads on 1-year performance. Over the longest common window we track (2 years), KTF annualized -1.38% vs +0.25% for TAXM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, KTF or TAXM?
KTF has been the more volatile fund at 8.8% annualized versus 4.7% for TAXM. Worst drawdown: KTF -12.3% vs TAXM -6.2%.
Should I hold both KTF and TAXM?
KTF and TAXM have a monthly-return correlation of 0.85, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, KTF or TAXM?
KTF yields 9.36% while TAXM yields 3.43%, so KTF currently pays the higher dividend yield.
Is TAXM better than KTF?
TAXM led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.