RVNU vs TAXM
Xtrackers Municipal Infrastructure Revenue Bond Active ETF vs BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents
Which is better, RVNU or TAXM?
Each has led over a different period.
RVNU has a lower expense ratio. RVNU led over 1Y, TAXM over the full window. The two have moved almost in lockstep, correlation 0.93.
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 | RVNU | TAXM |
|---|---|---|
| Expense Ratio | 0.15%Best | 0.35% |
| AUM | $131M | $40M |
| Dividend Yield | 3.84% | 3.43% |
| Holdings | 513 | 162 |
| YTD Return | -2.34%Best | -3.22% |
| 1Y Return | -2.40%Best | -2.42% |
| 3Y Return (annualized) | +3.67% | - |
| 5Y Return (annualized) | -1.20% | - |
| Volatility (annualized) | 6.4% | 4.7%Best |
| Max Drawdown | -8.3% | -6.2%Best |
| $10,000 over 1.6 years | $9,966 | $10,040Best |
| Fund Family | Xtrackers ETFs | BondBloxx |
| Category | Tax Preferred | Tax Preferred |
| Style | Municipal Bond | Municipal Bond |
| Inception | Jun 4, 2013 | 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).
RVNU 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.
RVNU vs TAXM Performance
Xtrackers Municipal Infrastructure Revenue Bond Active ETF (RVNU) is an ETF from Xtrackers ETFs and BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents (TAXM) is an ETF from BondBloxx. Over the past year RVNU returned -2.40% while TAXM returned -2.42%. Year to date, RVNU is down 2.34% versus a loss of 3.22% for TAXM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RVNU has been the more volatile fund, with annualized monthly volatility of 6.4% 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 -8.3% for RVNU 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 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
RVNU charges 0.15% per year while TAXM charges 0.35%. On a $10,000 position that is $15 vs $35 annually, a gap of $20 per year that compounds over a long holding period. On income, RVNU currently yields 3.84% against 3.43% for TAXM.
Holdings Overlap
We hold position weights for 115 holdings in RVNU and 69 in TAXM, totalling 35.5% 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.
3 positions in common, counted across the 115 positions we hold weights for in RVNU and 69 in TAXM, against full books of 513 and 162.
Top Shared Holdings
| Stock | Weight in RVNU | Weight in TAXM | Difference |
|---|---|---|---|
| NY MTATRN 5 11/15/20Ny Met Transprtn Auth Rev 5.00% 2050-11-15 | 0.29% | 1.32% | 1.03% |
| MA MASTRN 5 07/01/20Massachusetts Bay Transportation Authority, 5% 1jul2052, USD | 0.07% | 1.09% | 1.02% |
| NJ NJSTRN 5 01/01/20Nj Tpk 5% 1/1/2045 | 0.22% | 0.48% | 0.26% |
You are not choosing between two funds in isolation.
Whichever of RVNU 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 is cheaper, RVNU or TAXM?
RVNU has an expense ratio of 0.15% while TAXM charges 0.35%. RVNU is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, RVNU or TAXM?
Over the past year RVNU returned -2.40% vs -2.42% for TAXM, so RVNU leads on 1-year performance. Over the longest common window we track (2 years), RVNU annualized -0.21% vs +0.25% for TAXM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, RVNU or TAXM?
RVNU has been the more volatile fund at 6.4% annualized versus 4.7% for TAXM. Worst drawdown: RVNU -8.3% vs TAXM -6.2%.
Should I hold both RVNU and TAXM?
RVNU and TAXM have a monthly-return correlation of 0.93, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, RVNU or TAXM?
RVNU yields 3.84% while TAXM yields 3.43%, so RVNU currently pays the higher dividend yield.
Is TAXM better than RVNU?
RVNU has a lower expense ratio. RVNU led over 1Y, TAXM over the full window. The two have moved almost in lockstep, correlation 0.93. Which one suits a particular account depends on what it is for. This is information, not a recommendation.