IAT vs TAXF

Comparison between ISHARES U.S. REGIONAL BANKS ETF (IAT, ETF) and AMERICAN CENTURY DIVERSIFIED MUNICIPAL BOND ETF (TAXF, ETF).

5-Year PerformanceIAT has outperformed TAXF, delivering a return of +2.2% compared to +1.1%

IAT vs TAXF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IAT(ETF)	TAXF(ETF)
Net Assets	$625M	$627M
Expense Ratio	0.38%	0.27%
Max Drawdown	78.80%	15.69%
Sharpe Ratio	1.11	1.36
5Y Beta	1.01	0.03
P/E Ratio	12.33	N/A
Forward P/E	11.13	N/A
PEG Ratio	0.39	N/A
5Y Dividends CAGR	7.63%	11.45%
5Y EPS CAGR	6.81%	N/A
Debt to Equity	54.03%	N/A
P/S Ratio	3.61	N/A
P/B Ratio	1.27	N/A

Net Assets

IAT

$625M

Winner

TAXF

$627M

Expense Ratio

IAT

0.38%

Winner

TAXF

0.27%

Max Drawdown

IAT

78.80%

Winner

TAXF

15.69%

Sharpe Ratio

IAT

1.11

Winner

TAXF

1.36

5Y Beta

IAT

1.01

Winner

TAXF

0.03

P/E Ratio

IAT

12.33

TAXF

N/A

Forward P/E

IAT

11.13

TAXF

N/A

PEG Ratio

IAT

0.39

TAXF

N/A

5Y Dividends CAGR

IAT

7.63%

Winner

TAXF

11.45%

5Y EPS CAGR

IAT

6.81%

TAXF

N/A

Debt to Equity

IAT

54.03%

TAXF

N/A

P/S Ratio

IAT

3.61

TAXF

N/A

P/B Ratio

IAT

1.27

TAXF

N/A

IAT vs TAXF - Historical Returns

Returns include dividend reinvestment.

Period	IAT	TAXF
1 month	+1.03%	+0.74%
3 months	+5.67%	+0.42%
6 months	+10.95%	+2.25%
1 year	+29.39%	+7.91%
5 years(CAGR)	+2.18%	+1.07%
10 years(CAGR)	+8.25%	N/A
Max(CAGR)	+3.34%	+2.88%

Winner

IAT

+1.03%

TAXF

+0.74%

Winner

IAT

+5.67%

TAXF

+0.42%

Winner

IAT

+10.95%

TAXF

+2.25%

Winner

IAT

+29.39%

TAXF

+7.91%

5Y(CAGR)

Winner

IAT

+2.18%

TAXF

+1.07%

10Y(CAGR)

IAT

+8.25%

TAXF

N/A

Max(CAGR)

Winner

IAT

+3.34%

TAXF

+2.88%

IAT vs TAXF - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	IAT	TAXF
2026	+5.65%	+1.68%
2025	+13.83%	+3.92%
2024	+23.07%	+2.02%
2023	-8.57%	+6.98%
2022	-22.25%	-9.59%
2021	+39.74%	+2.77%
2020	-7.86%	+5.37%
2019	+29.03%	+8.75%
2018	-17.78%	+0.64%
2017	+10.25%	N/A
2016	+35.82%	N/A
2015	+2.41%	N/A
2014	+8.94%	N/A
2013	+33.18%	N/A
2012	+15.22%	N/A
2011	-13.91%	N/A
2010	+18.93%	N/A
2009	-11.04%	N/A
2008	-31.81%	N/A
2007	-25.73%	N/A
2006	+6.02%	N/A

IAT vs TAXF Drawdown Comparison

The maximum drawdown for IAT was -77.21%, occurring on Mar 6, 2009. Recovery took 2465 trading sessions.

The maximum drawdown for TAXF was -13.94%, occurring on Oct 26, 2022. Recovery took 1041 trading sessions.

The current IAT drawdown is -6.14%. The current TAXF drawdown is -0.48%.

Rank	IAT	TAXF
#1	-77.21% Feb 20, 2007 - Dec 1, 2016	-13.94% Jul 19, 2021 - Sep 10, 2025
#2	-55.53% Jan 14, 2022 - Feb 4, 2026	-13.39% Mar 9, 2020 - Nov 23, 2020
#3	-52.03% Mar 9, 2018 - Jan 12, 2021	-2.93% Feb 27, 2026 - Mar 24, 2026
#4	-17.49% Feb 6, 2026 - Mar 13, 2026	-2.03% Feb 12, 2021 - May 25, 2021
#5	-13.86% May 17, 2021 - Oct 5, 2021	-1.58% Sep 4, 2019 - Dec 27, 2019
#6	-13.59% Mar 1, 2017 - Nov 29, 2017	-0.97% Sep 12, 2018 - Dec 4, 2018
#7	-10.68% Oct 22, 2021 - Jan 6, 2022	-0.55% Jun 10, 2021 - Jul 7, 2021
#8	-9.71% Jan 14, 2021 - Feb 9, 2021	-0.47% Jan 15, 2026 - Jan 30, 2026
#9	-7.34% Feb 1, 2018 - Mar 7, 2018	-0.43% Nov 11, 2025 - Nov 26, 2025
#10	-7.19% Mar 12, 2021 - Apr 27, 2021	-0.41% Nov 26, 2025 - Dec 23, 2025
#11	-5.42% Feb 24, 2021 - Mar 8, 2021	-0.32% Aug 15, 2019 - Aug 28, 2019
#12	-5.30% May 8, 2006 - Sep 20, 2006	-0.32% Sep 18, 2025 - Oct 1, 2025
#13	-4.22% Jan 4, 2017 - Jan 25, 2017	-0.30% Oct 24, 2025 - Nov 11, 2025
#14	-3.93% May 7, 2021 - May 14, 2021	-0.28% Jan 7, 2019 - Jan 14, 2019
#15	-2.99% Dec 27, 2006 - Feb 7, 2007	-0.27% Jan 31, 2020 - Feb 14, 2020

Correlation

Correlation between IAT and TAXF is 0.67 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.67

-101

Dividend Comparison (2006 - 2026)

IAT vs TAXF dividend yield comparison.

Year	IAT	TAXF
2026	0.44%	1.60%
2025	2.94%	3.68%
2024	2.95%	3.38%
2023	3.56%	2.93%
2022	3.12%	2.05%
2021	1.88%	1.58%
2020	2.87%	2.13%
2019	2.49%	2.64%
2018	2.48%	0.69%
2017	1.55%	0.00%
2016	1.52%	0.00%
2015	1.78%	0.00%
2014	1.68%	0.00%
2013	1.56%	0.00%
2012	1.96%	0.00%
2011	1.95%	0.00%
2010	1.11%	0.00%
2009	2.03%	0.00%
2008	5.21%	0.00%
2007	3.41%	0.00%
2006	2.30%	0.00%