MUB vs ZTAX
YTDYear to date
MUB wins+1.8 pts
Past year
MUB wins+5.9 pts
Fee
MUB winslower fee
Yield
ZTAX wins+1.5 pts
AUM
MUB10922.1× more
3–1MUB wins
MUB and ZTAX · year-to-date · as of Nov 6, 2026 · AUM not scored
ZTAX vs S&P 500
YTD$24.18 · −0.2% last sessionDividend-adjusted total return. S&P 500 uses VOO.CompareS&P 500+ Peer avg+ Add a fund
Return1D1M3MYTD ▼1Y3Y5YMAX
Total return−0.2%+3.4%−5.0%−1.3%−5.0%+10.9%—+15.2%
Peer average+0.2%+4.2%−0.2%+1.1%+1.5%+15.2%+3.0%—
S&P 500 · VOO+0.3%−5.0%−4.6%+8.7%+9.8%+80.8%+71.8%+793.2%
X-Square ZTAX and Vanguard VOO · total return, dividends in · as of Nov 6, 2026
ZTAX’s Holdings
TodayPuerto Rico SaPuerto Rico Sales Tax Financing Sales Tax Revenue40.1%Commonwealth28.0%Puerto Rico 19.8%Matching Fun8.5%Cash Equival1.8%Territory of1.8%
Puerto Rico SaPuerto Rico Sales Tax Financing Sales Tax Revenue40.1%Commonwealth28.0%Puerto Rico 19.8%Matching Fun8.5%Cash Equival1.8%Territory of1.8%Other
X-Square ZTAX · 6 holdings · tile size = share of the fund · as of Nov 6, 2026
All 166 Municipal ETFs
YTD| # | Trend | |||||||
|---|---|---|---|---|---|---|---|---|
| 1 | MUB | National Muni BondReadDesk | 0.05% | 3.3% | +0.5% | +0.5% | $54.9B | |
| 2 | VTEB | Tax-Exempt BondReadDesk | 0.03% | 3.5% | +0.7% | +0.7% | $49.6B | |
| 3 | SUB | Short-Term National Muni BondReadDesk | 0.07% | 2.6% | +1.6% | +1.6% | $13.4B | |
| 4 | JMUB | JPMorgan MunicipalReadDesk | 0.18% | 3.8% | +0.9% | +0.9% | $9.1B | |
| 5 | CGMU | Capital Group Municipal IncomeReadDesk | 0.27% | 3.4% | +1.3% | +1.3% | $7.6B | |
| 6 | CMF | California Muni BondReadDesk | 0.08% | 3.0% | +0.4% | +0.4% | $5.4B | |
| 7 | HYD | VanEck High Yield MuniReadDesk | 0.32% | 4.4% | +1.0% | +1.0% | $4.6B | |
| 8 | PZA | National AMT-Free Municipal BondReadDesk | 0.28% | 3.9% | −0.1% | −0.1% | $4.1B | |
| 9 | SCMB | Municipal BondReadDesk | 0.03% | 3.6% | +0.4% | +0.4% | $4.1B | |
| 10 | HYMB | State Street SPDR Nuveen ICE High Yield Municipal BondReadDesk | 0.35% | 4.7% | +1.5% | +1.5% | $3.8B | |
| 11 | CGHM | Capital Group Municipal High-IncomeReadDesk | 0.34% | 4.3% | +1.8% | +1.8% | $3.8B | |
| 12 | MUNI | PIMCO Intermediate Municipal Bond Active Exchange-TradedReadDesk | 0.35% | 3.3% | +1.3% | +1.3% | $3.7B | |
| 13 | VTEC | California Tax-Exempt BondReadDesk | 0.06% | 3.2% | +0.3% | +0.3% | $3.6B | |
| 14 | VTES | Short-Term Tax-Exempt BondReadDesk | 0.05% | 2.7% | +1.4% | +1.4% | $3.6B | |
| 15 | SHM | State Street SPDR Nuveen ICE Short Term Municipal BondReadDesk | 0.20% | 2.7% | +1.4% | +1.4% | $3.5B | |
| 16 | TFI | State Street SPDR Nuveen ICE Municipal BondReadDesk | 0.23% | 3.6% | +0.2% | +0.2% | $2.9B |
1–16 of 166Page 1 of 11
Municipal · current AUM · as of Nov 6, 2026
ZTAX Payouts by Year
4YLatest payout, Oct 2026
$0.05
a share · every quarter
4.8% yield
4.8% yield
4 years added up
$4.13 a share
$4.13 a share
X-Square ZTAX · per-share distributions by ex-date · 2023–2026
ZTAX’s Peers
YTD| # | Trend | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | MUB | iShares National Muni Bond ETFReadVersus | 0.05% | 3.3% | +0.4% | +0.5% | +0.9% | $54.9B | |
| 2 | VTEB | Vanguard Tax-Exempt Bond ETFReadVersus | 0.03% | 3.5% | +0.2% | +0.7% | +1.3% | $49.6B | |
| 3 | SUB | iShares Short-Term National Muni Bond ETFReadVersus | 0.07% | 2.6% | 0.0% | +1.6% | +2.5% | $13.4B | |
| 4 | JMUB | JPMorgan Municipal ETFReadVersus | 0.18% | 3.8% | +0.1% | +0.9% | +1.4% | $9.1B | |
| 5 | CGMU | Capital Group Municipal Income ETFReadVersus | 0.27% | 3.4% | +0.2% | +1.3% | +2.0% | $7.6B | |
| 6 | ZTAX | X-Square Municipal Income ETFThis fund | 0.92% | 4.8% | −0.2% | −1.3% | −5.0% | $5.0M |
#140 of 141 this year · #164 cheapest of 166 · sorted by assetsOpen the Bonds & Cash table →
ZTAX and its peer group · total return · as of Nov 7, 2026
Cards for This View
ZTAX’s Top 10 Holdings
Today100.0%of ZTAX sits in these 6
1PuertoPuerto Rico Sales Tax Financing Sales Tax Revenue40.06%
2CommonCommonwealth of Puerto Rico28.05%
3PuertoPuerto Rico Commonwealth Aqueduct & Sewer Authority19.79%
4MatchiMatching Fund Special Purpose Securitization8.50%
5Cash ECash Equivalent1.84%
6TerritTerritory of Guam1.76%
X-Square ZTAX · weight in the fund · as of Nov 6, 2026
ZTAX’s Holdings
TodayPuerto Rico SaPuerto Rico Sales Tax Financing Sales Tax Revenue40.1%Commonwealth28.0%Puerto Rico 19.8%Matching Fun8.5%Cash Equival1.8%Territory of1.8%
Puerto Rico SaPuerto Rico Sales Tax Financing Sales Tax Revenue40.1%Commonwealth28.0%Puerto Rico 19.8%Matching Fun8.5%Cash Equival1.8%Territory of1.8%Other
X-Square ZTAX · 6 holdings · tile size = share of the fund · as of Nov 6, 2026
ZTAX vs Peer Average
YTDZTAXAvsBPeer average
1D−0.2%+0.2%
1M+3.4%+4.2%
3M−5.0%−0.2%
YTD−1.3%+1.1%
1Y−5.0%+1.5%
3Y+10.9%+15.2%
5Y[…]+3.0%
0–6Peer average wins
165 Municipal peers · each row scaled to its leader