MUNC vs IVRS
Comparison between NORTHERN TRUST 2045 TAX-EXEMPT DISTRIBUTING LADDER ETF (MUNC, ETF) and ISHARES FUTURE METAVERSE TECH AND COMMUNICATIONS ETF (IVRS, ETF).
MUNC vs IVRS - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
MUNC
$8.20M
Winner
IVRS
$8.30M
Expense Ratio
Winner
MUNC
0.18%
IVRS
0.47%
Max Drawdown
Winner
MUNC
3.38%
IVRS
36.37%
Sharpe Ratio
Winner
MUNC
0.74
IVRS
-0.33
5Y Beta
Winner
MUNC
0.06
IVRS
1.08
P/E Ratio
MUNC
N/A
IVRS
-22.98
Forward P/E
MUNC
N/A
IVRS
33.18
PEG Ratio
MUNC
N/A
IVRS
-0.06
Debt to Equity
MUNC
N/A
IVRS
45.95%
P/S Ratio
MUNC
N/A
IVRS
1.82
P/B Ratio
MUNC
N/A
IVRS
5.52
MUNC vs IVRS - Holdings Comparison
MUNC and IVRS have 1 common holdings. Overlap is -0.07%
MUNC's top 25 holdings weight is 51.36%. IVRS's top 25 holdings weight is 97.92%.
| Rank | MUNC | IVRS |
|---|---|---|
| #1 | NEW JERSEY ST TRANSN TR FD AUTH 5% (n/a) - 3.34% | MARA HOLDINGS INC (MARA) - 6.73% |
| #2 | UTILITY DEBT SECURITIZATION AUTH N Y 5% (n/a) - 3.31% | UNITY SOFTWARE INC ORDINARY SHARES (U) - 6.04% |
| #3 | SUN PRAIRIE WIS 5% (n/a) - 3.27% | ELECTRONIC ARTS INC (EA) - 5.63% |
| #4 | LOS ANGELES CALIF DEPT WTR & PWR REV 5% (n/a) - 3.23% | GALAXY DIGITAL INC ORDINARY SHARES CLASS A (GLXY) - 5.55% |
| #5 | IOWA FIN AUTH REV 5% (n/a) - 3.22% | TAKE-TWO INTERACTIVE SOFTWARE INC (TTWO) - 5.40% |
| #6 | WAKE CNTY N C 5% (n/a) - 3.10% | ROBINHOOD MARKETS INC CLASS A (HOOD) - 5.13% |
| #7 | NEW YORK N Y 5% (n/a) - 2.86% | DASSAULT SYSTEMES SE (n/a) - 4.99% |
| #8 | CASH (n/a) - 2.43% | NETEASE INC ORDINARY SHARES (n/a) - 4.96% |
| #9 | ROUND ROCK TEX INDPT SCH DIST 5% (n/a) - 2.17% | KRAFTON INC (n/a) - 4.72% |
| #10 | KENTUCKY ST PPTY & BLDGS COMMN REVS 5% (n/a) - 2.13% | GOERTEK INC CLASS A (n/a) - 4.45% |
| #11 | MASSACHUSETTS ST 5% (n/a) - 1.98% | TENCENT HOLDINGS LTD (n/a) - 4.35% |
| #12 | CENTRAL FLA TOURISM OVERSIGHT DIST 5% (n/a) - 1.90% | AUTODESK INC (ADSK) - 4.19% |
| #13 | FERRIS ST UNIV MICH REV 5% (n/a) - 1.83% | PTC INC (PTC) - 4.02% |
| #14 | n/a (n/a) - 1.76% | COVER CORP (n/a) - 3.95% |
| #15 | DISTRICT COLUMBIA INCOME TAX REV 5% (n/a) - 1.56% | ROBLOX CORP ORDINARY SHARES CLASS A (RBLX) - 3.91% |
| #16 | SAN ANTONIO TEX ELEC & GAS REV 5% (n/a) - 1.44% | KUAISHOU TECHNOLOGY ORDINARY SHARES CLASS B (n/a) - 3.83% |
| #17 | IDAHO ST BLDG AUTH SALES TAX REV 5% (n/a) - 1.41% | CIRCLE INTERNET GROUP INC ORDINARY SHARES CLASS A (CRCL) - 3.69% |
| #18 | QUITMAN TEX INDPT SCH DIST 5% (n/a) - 1.40% | NVIDIA CORP (NVDA) - 3.64% |
| #19 | ST PAUL MINN INDPT SCH DIST NO 625 5% (n/a) - 1.36% | METAPLANET INC (n/a) - 3.26% |
| #20 | n/a (n/a) - 1.35% | ADVANCED MICRO DEVICES INC (AMD) - 3.20% |
| #21 | MADISON CNTY ALA BRD ED CAP OUTLAY 5% (n/a) - 1.32% | INTEL CORP (INTC) - 1.78% |
| #22 | UNIVERSITY WASH UNIV REVS 5% (n/a) - 1.29% | META PLATFORMS INC CLASS A (META) - 1.60% |
| #23 | NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5% (n/a) - 1.27% | BENTLEY SYSTEMS INC ORDINARY SHARES CLASS B (BSY) - 1.31% |
| #24 | n/a (n/a) - 1.22% | QUALCOMM INC (QCOM) - 1.01% |
| #25 | JEA FLA ELEC SYS REV 5% (n/a) - 1.21% | SONY GROUP CORP (n/a) - 0.58% |
| Total Holdings | 105 | 54 |
MUNC vs IVRS - Historical Returns
Returns include dividend reinvestment.
1M
Winner
MUNC
+0.42%
IVRS
-4.35%
3M
MUNC
+0.40%
Winner
IVRS
+4.04%
6M
Winner
MUNC
+1.36%
IVRS
-10.57%
1Y
Winner
MUNC
+4.73%
IVRS
-6.71%
Max(CAGR)
MUNC
+5.84%
Winner
IVRS
+11.12%
MUNC vs IVRS - Annual Returns (2023 - 2026)
Returns include dividend reinvestment.
| Year | MUNC | IVRS |
|---|---|---|
| 2026 | +0.86% | -10.08% |
| 2025 | +3.78% | +12.85% |
| 2024 | N/A | +10.18% |
| 2023 | N/A | +28.16% |
MUNC vs IVRS Drawdown Comparison
The maximum drawdown for MUNC was -3.17%, occurring on Mar 27, 2026. This drawdown has not yet recovered.
The maximum drawdown for IVRS was -31.44%, occurring on Mar 27, 2026. This drawdown has not yet recovered.
The current MUNC drawdown is -1.37%. The current IVRS drawdown is -21.38%.
| Rank | MUNC | IVRS |
|---|---|---|
| #1 | -3.17% Feb 26, 2026 - Mar 27, 2026 | -31.44% Oct 6, 2025 - Mar 27, 2026 |
| #2 | -0.57% Sep 17, 2025 - Oct 10, 2025 | -19.14% Feb 20, 2025 - May 13, 2025 |
| #3 | -0.56% Jan 16, 2026 - Jan 28, 2026 | -13.50% Jul 19, 2023 - Nov 20, 2023 |
| #4 | -0.33% Nov 11, 2025 - Dec 23, 2025 | -10.56% Jul 12, 2024 - Sep 24, 2024 |
| #5 | -0.25% Oct 24, 2025 - Nov 7, 2025 | -8.71% Feb 15, 2024 - Jul 10, 2024 |
| #6 | -0.18% Feb 3, 2026 - Feb 5, 2026 | -7.39% Dec 11, 2024 - Feb 10, 2025 |
| #7 | -0.14% Feb 17, 2026 - Feb 23, 2026 | -6.16% Feb 16, 2023 - Mar 21, 2023 |
| #8 | -0.09% Dec 23, 2025 - Dec 30, 2025 | -5.24% Dec 28, 2023 - Feb 7, 2024 |
| #9 | -0.09% Aug 29, 2025 - Sep 4, 2025 | -5.12% Nov 7, 2024 - Dec 3, 2024 |
| #10 | -0.07% Aug 19, 2025 - Aug 22, 2025 | -4.70% Apr 3, 2023 - May 17, 2023 |
| #11 | -0.06% Feb 24, 2026 - Feb 26, 2026 | -4.60% Oct 4, 2024 - Nov 5, 2024 |
| #12 | -0.04% Oct 17, 2025 - Oct 21, 2025 | -4.42% Jun 15, 2023 - Jul 12, 2023 |
| #13 | -0.04% Feb 10, 2026 - Feb 12, 2026 | -2.54% Sep 8, 2025 - Sep 15, 2025 |
| #14 | -0.03% Oct 10, 2025 - Oct 14, 2025 | -2.52% May 22, 2023 - May 26, 2023 |
| #15 | -0.03% Oct 22, 2025 - Oct 24, 2025 | -2.36% Jun 6, 2023 - Jun 12, 2023 |
Correlation
Correlation between MUNC and IVRS is -0.70 which considered as a strong negative correlation - the stocks tend to move in opposite directions.
-0.70
-101
Dividend Comparison (2023 - 2026)
MUNC vs IVRS dividend yield comparison.
| Year | MUNC | IVRS |
|---|---|---|
| 2026 | 1.35% | 0.00% |
| 2025 | 1.15% | 7.88% |
| 2024 | 0.00% | 6.65% |
| 2023 | 0.00% | 0.48% |
Select Stocks to Compare
Popular: MUNC vs SPYIVRS vs SPY
More Comparisons
Compare with similar stocks