TAXS vs ASCE
Comparison between NORTHERN TRUST SHORT-TERM TAX-EXEMPT BOND ETF (TAXS, ETF) and ALLSPRING SMID CORE ETF (ASCE, ETF).
TAXS vs ASCE - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
TAXS
$118M
ASCE
$118M
Expense Ratio
Winner
TAXS
0.05%
ASCE
0.38%
Max Drawdown
Winner
TAXS
1.39%
ASCE
9.22%
Sharpe Ratio
TAXS
-1.68
Winner
ASCE
1.49
5Y Beta
Winner
TAXS
0.02
ASCE
1.24
P/E Ratio
TAXS
N/A
ASCE
16.45
Forward P/E
TAXS
N/A
ASCE
12.11
5Y EPS CAGR
TAXS
N/A
ASCE
44.57%
Debt to Equity
TAXS
N/A
ASCE
-129.65%
P/S Ratio
TAXS
N/A
ASCE
1.03
P/B Ratio
TAXS
N/A
ASCE
2.79
TAXS vs ASCE - Historical Returns
Returns include dividend reinvestment.
1M
Winner
TAXS
-0.37%
ASCE
-1.80%
3M
TAXS
-0.02%
Winner
ASCE
+9.05%
6M
TAXS
+0.25%
Winner
ASCE
+18.88%
1Y
TAXS
+1.89%
Winner
ASCE
+34.73%
Max(CAGR)
TAXS
+2.04%
Winner
ASCE
+35.24%
TAXS vs ASCE - Annual Returns (2025 - 2026)
Returns include dividend reinvestment.
| Year | TAXS | ASCE |
|---|---|---|
| 2026 | +0.58% | +24.43% |
| 2025 | +1.22% | +8.61% |
TAXS vs ASCE Drawdown Comparison
The maximum drawdown for TAXS was -0.84%, occurring on Mar 24, 2026. Recovery took 70 trading sessions.
The maximum drawdown for ASCE was -9.22%, occurring on Nov 20, 2025. Recovery took 54 trading sessions.
The current TAXS drawdown is -0.56%. The current ASCE drawdown is -3.98%.
| Rank | TAXS | ASCE |
|---|---|---|
| #1 | -0.84% Feb 27, 2026 - Jun 9, 2026 | -9.22% Sep 18, 2025 - Dec 4, 2025 |
| #2 | -0.56% Jul 6, 2026 - Jul 23, 2026 | -8.45% Feb 25, 2026 - Apr 8, 2026 |
| #3 | -0.50% Sep 16, 2025 - Nov 28, 2025 | -4.95% May 6, 2026 - May 26, 2026 |
| #4 | -0.10% Jun 9, 2026 - Jun 16, 2026 | -4.34% Jun 22, 2026 - Jul 17, 2026 |
| #5 | -0.09% Jun 16, 2026 - Jun 25, 2026 | -4.22% Dec 22, 2025 - Jan 9, 2026 |
| #6 | -0.06% Aug 22, 2025 - Sep 4, 2025 | -3.65% Jul 28, 2025 - Aug 8, 2025 |
| #7 | -0.06% Dec 19, 2025 - Dec 23, 2025 | -3.12% Aug 13, 2025 - Aug 22, 2025 |
| #8 | -0.05% Nov 28, 2025 - Dec 2, 2025 | -3.10% Jan 22, 2026 - Feb 6, 2026 |
| #9 | -0.04% Jun 26, 2026 - Jul 2, 2026 | -2.97% Jun 15, 2026 - Jun 22, 2026 |
| #10 | -0.03% Dec 24, 2025 - Dec 29, 2025 | -2.74% Apr 20, 2026 - May 5, 2026 |
| #11 | -0.03% Sep 11, 2025 - Sep 15, 2025 | -2.69% Dec 11, 2025 - Dec 22, 2025 |
| #12 | -0.03% Jan 16, 2026 - Jan 21, 2026 | -2.49% Feb 6, 2026 - Feb 18, 2026 |
| #13 | -0.03% Feb 17, 2026 - Feb 20, 2026 | -2.10% Feb 20, 2026 - Feb 25, 2026 |
| #14 | -0.02% Dec 5, 2025 - Dec 10, 2025 | -2.06% Jul 10, 2025 - Jul 23, 2025 |
| #15 | -0.02% Dec 11, 2025 - Dec 15, 2025 | -1.85% Sep 11, 2025 - Sep 18, 2025 |
Correlation
Correlation between TAXS and ASCE is 0.76 which considered as a strong positive correlation - the stocks tend to move together.
0.76
-101
Dividend Comparison (2025 - 2026)
TAXS vs ASCE dividend yield comparison.
| Year | TAXS | ASCE |
|---|---|---|
| 2026 | 1.29% | 0.00% |
| 2025 | 0.74% | 0.22% |
Select Stocks to Compare
Popular: TAXS vs SPYASCE vs SPY
More Comparisons
Compare with similar stocks