ZTAX vs SUB

AZTAX

BSUB

Measures won2–3SUB wins · of 6 · 5Y

$10,000 · 5Y$12,090SGOV · SUB $10,860

Lowest cost0.07%SUB · $7 on $10k

Most income4.80%ZTAX · $480 on $10k

Smallest drop0.0%SGOV · worst fall in 1Y

Held in common[…]ZTAX and SUB

ZTAX

SUB

X-Square Municipal Income ETF · $5MiShares Short-Term National Muni Bond ETF · $13.4B

+3.5%3 years · per year$11,092 · $11,045+3.4%

[…]5 years · per year[…] · $10,860+1.7%

0.92%Expense ratio$92 · $7 on $10k · lower wins0.07%

4.80%12-mo yield$480 · $257 on $10k2.57%

−23.8%Worst dropSmaller wins−1.9%

35.5%VolatilityLower wins1.4%

2–3SUB wins

$10,000 · 5 yearsAll three, one scale

Shared top holdingsZTAX · SUB

They share no top holdings, or holdings aren’t on file […]

Held in common[…]

End-of-day Nov 6, 2026 · $10,000 5 years ago, dividends reinvested · ● winner of the row · each row scaled to the bigger of the two

All Three

5Y3 funds

#
1	SGOV	iShares 0-3 Month Treasury Bond ETFRead Desk	0.09%	3.63%	0.0%	+3.2%	+3.8%	+4.5%	+3.9%	0.0%	$116.9B
2	BSUB	iShares Short-Term National Muni Bond ETFRead Desk	0.07%	2.57%	0.0%	+1.6%	+2.5%	+3.4%	+1.7%	−1.9%	$13.4B
3	AZTAX	X-Square Municipal Income ETFRead Desk	0.92%	4.80%	−0.2%	−1.3%	−5.0%	+3.5%	new	−23.8%	$5M

End-of-day Nov 6, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

All Three

5Y3 funds

#
1	SGOV	iShares 0-3 Month Treasury Bond ETFRead Desk	0.09%	3.63%	0.0%	+3.2%	+3.8%	+4.5%	+3.9%	0.0%	$116.9B
2	BSUB	iShares Short-Term National Muni Bond ETFRead Desk	0.07%	2.57%	0.0%	+1.6%	+2.5%	+3.4%	+1.7%	−1.9%	$13.4B
3	AZTAX	X-Square Municipal Income ETFRead Desk	0.92%	4.80%	−0.2%	−1.3%	−5.0%	+3.5%	new	−23.8%	$5M

End-of-day Nov 6, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Cards for this view

ZTAX vs SUB

ZTAX

X-Square Municipal Income

[…]

SUB

iShares Short-Term National Muni Bond

$10,860

MeasureZTAXSUB

Fee0.92%0.07%

Cost on $10k a year$92$7

Yield4.80%2.57%

5 years, per year[…]+1.7%

3 years, per year+3.5%+3.4%

Worst drop · 1Y−23.8%−1.9%

Volatility · 1Y35.5%1.4%

3–2measures won
SUB first

Nov 6, 2026 · $10,000 five years ago, dividends reinvested

SGOV vs BIL

YTD

iSharesSGOV

+3.2%

BILSPDR

+3.1%

+3.2%Year to date+3.1%

3.6%Yield3.7%

$117BAssets$48.4B

1–1level

End-of-day Nov 6, 2026

SCHD vs VIG

YTD

SchwabSCHD

+31.4%

VIGVanguard

+12.1%

+31.4%Year to date+12.1%

3.0%Yield1.5%

$120BAssets$109B

2–0SCHD wins

End-of-day Nov 6, 2026

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+3.2%

JEPIJ.P. Morgan

+5.3%

+3.2%Year to date+5.3%

12.8%Yield8.1%

$42.6BAssets$46.8B

1–1level

End-of-day Nov 6, 2026

Overlap: ZTAX, SUB, SGOV

Today

[…]holdings […]

ZTAXSUBSGOV

ZTAX—[…][…]

SUB[…]—[…]

SGOV[…][…]—

End-of-day Nov 6, 2026 · share held in common · outlined: the pair in versus

Income After Fees on $10,000

$388most kept, ZTAX

ZTAX$480 − $92 = $388

SGOV$363 − $9 = $354

SUB$257 − $7 = $250

KeptFee

End-of-day Nov 6, 2026 · yield in dollars minus the fee