# STAX (Nomura Tax-Free USA Short Term ETF)

Nomura · Bond ETFs · Municipal, national, short · data as of Oct 2, 2026

STAX is actively managed and returned +0.3% over the past year.

## Key facts

- STAX, total return, 1 year: +0.3%, as of Oct 2, 2026.
- STAX, expense ratio: 0.29%, as of Oct 2, 2026.
- STAX, holdings: 96, as of Oct 2, 2026.
- STAX, below its high: −1.8%, as of Oct 2, 2026.
- STAX, net assets: $13m (SEC filing, whole fund, as filed for Jun 30, 2026).

## STAX over each window to Oct 2, 2026

| Window | Total return | S&P 500 | Gap to S&P 500 | Gap to Nasdaq-100 |
| --- | --- | --- | --- | --- |
| 3 months | −1.8% | +3.6% | −5.4 pts | −7.1 pts |
| 6 months | −0.9% | +17.9% | −18.8 pts | −29.3 pts |
| 1 year | +0.3% | +16.2% | −16.0 pts | −24.1 pts |
| Since listing | +8.1% | +75.5% | −67.5 pts | −87.5 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| What it tracks | No index, actively managed | ETFIQ |
| Fund type | Bond fund | ETFIQ |
| Category | Bonds · Municipal, national, short | ETFIQ |
| Expense ratio | 0.29% | 485BPOS XBRL, Jul 29, 2026 |
| Price | $24.82 | ETFIQ |
| Listed since | Nov 29, 2023 | ETFIQ |
| Net assets | $13m | SEC filing, whole fund, as filed for Jun 30, 2026 |
| Below its high | −1.8% | ETFIQ |
| Holdings | 96 | ETFIQ |
| Top ten weight | 17.7% | ETFIQ |
| Holdings as of | Jun 30, 2026 | SEC N-PORT |

## Questions

### How has STAX performed?

Over the year to Oct 2, 2026, STAX returned +0.3% with distributions reinvested, against +16.2% for the S&P 500. Over three years the figure is not published.

### What does STAX cost?

The prospectus expense ratio is 0.29% a year.

### How far is STAX below its high?

1.8% below its high of Jul 2, 2026, measured on the reinvested series to Oct 2, 2026.


## Cite this page

ETFIQ, STAX, data as of Oct 2, 2026. https://etfiq.com/funds/stax
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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