TAXS vs IQM
Comparison between NORTHERN TRUST SHORT-TERM TAX-EXEMPT BOND ETF (TAXS, ETF) and FRANKLIN INTELLIGENT MACHINES ETF (IQM, ETF).
TAXS vs IQM - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
TAXS
$118M
IQM
$118M
Expense Ratio
Winner
TAXS
0.05%
IQM
0.50%
Max Drawdown
Winner
TAXS
1.39%
IQM
45.01%
Sharpe Ratio
TAXS
-1.68
Winner
IQM
1.07
5Y Beta
Winner
TAXS
0.02
IQM
1.69
P/E Ratio
TAXS
N/A
IQM
53.10
Forward P/E
TAXS
N/A
IQM
30.54
PEG Ratio
TAXS
N/A
IQM
0.35
5Y EPS CAGR
TAXS
N/A
IQM
34.53%
P/S Ratio
TAXS
N/A
IQM
2.75
P/B Ratio
TAXS
N/A
IQM
14.24
TAXS vs IQM - Historical Returns
Returns include dividend reinvestment.
1M
Winner
TAXS
-0.37%
IQM
-8.50%
3M
TAXS
-0.02%
Winner
IQM
+1.66%
6M
TAXS
+0.25%
Winner
IQM
+15.06%
1Y
TAXS
+1.89%
Winner
IQM
+38.89%
5Y(CAGR)
TAXS
N/A
IQM
+17.39%
Max(CAGR)
TAXS
+2.04%
Winner
IQM
+26.27%
TAXS vs IQM - Annual Returns (2020 - 2026)
Returns include dividend reinvestment.
| Year | TAXS | IQM |
|---|---|---|
| 2026 | +0.58% | +21.17% |
| 2025 | +1.22% | +30.98% |
| 2024 | N/A | +34.91% |
| 2023 | N/A | +42.59% |
| 2022 | N/A | -33.76% |
| 2021 | N/A | +26.37% |
| 2020 | N/A | +78.48% |
TAXS vs IQM Drawdown Comparison
The maximum drawdown for TAXS was -0.84%, occurring on Mar 24, 2026. Recovery took 70 trading sessions.
The maximum drawdown for IQM was -44.91%, occurring on Oct 14, 2022. Recovery took 571 trading sessions.
The current TAXS drawdown is -0.56%. The current IQM drawdown is -14.17%.
| Rank | TAXS | IQM |
|---|---|---|
| #1 | -0.84% Feb 27, 2026 - Jun 9, 2026 | -44.91% Nov 19, 2021 - Mar 1, 2024 |
| #2 | -0.56% Jul 6, 2026 - Jul 23, 2026 | -30.42% Jan 23, 2025 - Jun 24, 2025 |
| #3 | -0.50% Sep 16, 2025 - Nov 28, 2025 | -30.17% Mar 4, 2020 - May 8, 2020 |
| #4 | -0.10% Jun 9, 2026 - Jun 16, 2026 | -19.70% Feb 12, 2021 - Aug 3, 2021 |
| #5 | -0.09% Jun 16, 2026 - Jun 25, 2026 | -18.59% Jul 8, 2024 - Nov 8, 2024 |
| #6 | -0.06% Aug 22, 2025 - Sep 4, 2025 | -17.92% Jun 22, 2026 - Jul 17, 2026 |
| #7 | -0.06% Dec 19, 2025 - Dec 23, 2025 | -14.71% Oct 29, 2025 - Jan 16, 2026 |
| #8 | -0.05% Nov 28, 2025 - Dec 2, 2025 | -13.95% Feb 25, 2026 - Apr 10, 2026 |
| #9 | -0.04% Jun 26, 2026 - Jul 2, 2026 | -11.91% Sep 2, 2020 - Oct 12, 2020 |
| #10 | -0.03% Dec 24, 2025 - Dec 29, 2025 | -11.57% Mar 7, 2024 - May 21, 2024 |
| #11 | -0.03% Sep 11, 2025 - Sep 15, 2025 | -11.50% Jun 2, 2026 - Jun 18, 2026 |
| #12 | -0.03% Jan 16, 2026 - Jan 21, 2026 | -10.10% Jan 16, 2026 - Feb 25, 2026 |
| #13 | -0.03% Feb 17, 2026 - Feb 20, 2026 | -8.35% Sep 7, 2021 - Oct 25, 2021 |
| #14 | -0.02% Dec 5, 2025 - Dec 10, 2025 | -8.30% Oct 13, 2020 - Nov 5, 2020 |
| #15 | -0.02% Dec 11, 2025 - Dec 15, 2025 | -7.14% May 14, 2026 - May 26, 2026 |
Correlation
Correlation between TAXS and IQM is 0.70 which considered as a moderate positive correlation - the stocks show some tendency to move together.
0.70
-101
Dividend Comparison (2020 - 2026)
TAXS vs IQM dividend yield comparison.
| Year | TAXS | IQM |
|---|---|---|
| 2026 | 1.29% | 0.00% |
| 2025 | 0.74% | 0.00% |
| 2021 | 0.00% | 0.17% |
| 2020 | 0.00% | 0.01% |
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