Nomura Tax-Free USA Short Term ETFSTAX

NomuraUS Stock StylesLarge Cap#638 of 701 by YTD

$25.10

+0.1% last session

+1.2% YTD

Data as of 11/3/20264:00 PM ET · End-of-day

Dividend-adjusted total return · S&P 500 uses VOO · Oct 5, 2026 – Nov 3, 2026STAXS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+0.1%	+1.5%	−0.1%	+1.2%	+1.7%	—	—	+9.6%
Peer average	+0.2%	−1.7%	−1.7%	+11.3%	+12.0%	+76.2%	+57.5%	—
S&P 500 · VOO	+0.3%	−2.6%	−1.7%	+11.5%	+11.9%	+90.9%	+77.5%	—

Key Statistics

Open all fund facts →

AUM: $11M
Expense ratio: 0.29%
Distribution yield: 3.2%
NAV: $25.12
Volume: 4K
Avg. volume 30D: 5K
High today: $25.10
Low today: $25.07
Previous close: $25.08
52-week high: $25.75
52-week low: $24.66
Our risk indicator: 4/5

STAX in One Breath

STAX Among Large Cap ETFs

YTD

#1NRGUREX Microsectors+252.7%$96.0M

#2RSSYReturn Stacked+34.7%$101M

#3MAKXProShares+33.0%$4.9M

#4SMRIBushido+31.2%$703M

#5CSDInvesco+30.9%$209M

#6IGEiShares+29.9%$810M

#7IEZiShares+29.0%$376M

#8FLOWGlobal X+28.2%$36.5M

#239STAXNomura+1.2%$11.3M

End-of-day Nov 4, 2026 · 263 Large cap ETFs by YTD

$10,000 in STAX

$10,000 in STAX became

$10,961

In the S&P 500 (VOO)

$17,245

Total return, dividends in · Nov 29, 2023 – Nov 3, 2026 · S&P 500 uses VOO

STAX’s Top Holdings

Today

NEW YORK TRANSNew York Transn 5% 12/312.4%ILLINOIS ST 2.3%ST PAUL MINN2.2%CHICAGO ILL 2.1%LOWNDES CNTY2.0%INDIANA FIN 1.9%TOBACCO 5% 01.8%NEW YORK TRA1.8%NEW YORK N Y1.8%JEFFERSON CN1.8%PORT AUTH N 1.8%JEA FLA ELEC1.7%MINNEAPOLIS 1.7%PITTSBURGH P1.7%NATIONAL FIN1.6%ARIZONA INDL1.5%COLORADO EDL1.5%ST PAUL MINN1.4%NEW JERSEY S1.4%SALES TAX 5%1.4%LOS ANGELES 1.4%SALT VERDE 51.4%

Nomura STAX · 0 holdings · tile size = share of the fund · as of Oct 29, 2026

What STAX Holds

Today

All holdings100.0%

NEW YORK T 2.4 · ILLINOIS S 2.3 · ST PAUL MI 2.2 · CHICAGO IL 2.1 · LOWNDES CN 2.0 · INDIANA FI 1.9 · TOBACCO 5% 1.8

Nomura STAX · share of the fund · as of Oct 29, 2026

New’s Share of STAX

Today

2.4%

$24 of every $1,000 in STAX is New

New held by STAX

$272K

Nomura STAX · each square = $10 of $1,000 · as of Oct 29, 2026

STAX’s Share of Large Cap ETFs

Today

0.0%

of the $850B in 307 Large cap ETFs

STAX$11.3M0.0%

DFAC$87.6B10.3%

IWB$47.8B5.6%

304 others$715B84.1%

Large cap ETF AUM · Nov 4, 2026

STAX Fee per $100 vs Peers

Today

$0.29a year
per $100

$29 a year on $10,000

SCHB$0.03

IWB$0.15

DIA$0.16

DCOR$0.17

DFAC$0.21

STAX$0.29

Expense ratio · Large cap peers · Nov 4, 2026

Inside STAX

as of Oct 29, 2026

STAX

Nomura Tax-Free USA Short Term ETF

Today

All holdings100.0%NEW York T2.4%Illinois S2.3%ST Paul Mi2.2%Chicago IL2.1%Lowndes Cn2.0%Indiana FI1.9%Tobacco 5%1.8%NEW York T1.8%NEW York N1.8%Jefferson 1.8%Port Auth 1.8%JEA FLA El1.7%Minneapoli1.7%Pittsburgh1.7%68 more holdings72.9% of the fund

All holdings100.0%76 more holdings87.0% of the fund

#	Ticker	Company	Weight ▼
1	—	NEW York Transn 5% 12/31	2.40%
2	—	Illinois ST GO 5% 11/31	2.34%
3	—	ST Paul Minn HSG 4% 10/30	2.15%
4	—	Chicago ILL WTR 5% 11/26	2.11%
5	—	Lowndes Cnty VAR 04/37	2.05%
6	—	Indiana FIN VAR 10/59	1.91%
7	—	Tobacco 5% 06/29	1.83%
8	—	NEW York Transn 5% 01/28	1.82%
9	—	NEW York N Y VAR 06/56	1.79%
10	—	Jefferson Cnty 5% 10/30	1.79%

Nomura STAX · current holdings by weight · as of Oct 29, 2026 · each tile is one holding · top 20 = 35.9%

How It Compares

STAX

Nomura Tax-Free USA Short Term ETF’s Peers

YTD


DFAC	DimensionalRead Desk	0.21%	+14.1%	+16.0%	$87.6B
IWB	iSharesRead Desk	0.15%	+11.3%	+11.6%	$47.8B
DIA	SPDRRead Desk	0.16%	+8.8%	+10.3%	$45.1B
DCOR	DimensionalRead Desk	0.17%	+14.2%	+15.7%	$45.0B
SCHB	SchwabRead Desk	0.03%	+11.6%	+11.7%	$44.0B
STAX	NomuraThis fundRead Desk	0.29%	+1.2%	+1.7%	$11M

Large cap peers · YTD and past-year returns · as of Nov 4, 2026 · sorted by AUM

Head to Head

Put STAX head to head with DFAC →

DFAC vs STAX

YTD

DFACDimensional · Large capSTAXNomura · Large cap

Year to date

+14.1%

+1.2%

DFAC wins+12.9 pts

Past year

+16.0%

+1.7%

DFAC wins+14.3 pts

Fee

0.21%

0.29%

DFAC winslower fee

Yield

0.9%

3.2%

STAX wins+2.3 pts

AUM

$87.6B

$11.3M

DFAC7747.4× more

3–1DFAC wins

Dimensional DFAC and Nomura STAX · year-to-date · as of Nov 4, 2026 · AUM not scored

STAX vs VOO

YTD

STAX · Nomura Tax-Free USA Short Term

+1.2%

VOO · S&P 500

+11.5%

Gap

10.3 pts

Nomura STAX and Vanguard VOO · YTD total return · as of Nov 4, 2026

STAX vs Its Peer Average

YTD

STAXAvsBPeer average

1D+0.1%+0.2%

1M+1.5%−1.7%

3M−0.1%−1.7%

YTD+1.2%+11.3%

1Y+1.7%+12.0%

3Y[…]+76.2%

5Y[…]+57.5%

2–3Peer average wins

306 Large cap peers · each row scaled to its leader

The Details

STAX

Risk

4/5our risk indicator

CalmerBumpier

Volatility · 1Y1.79%

Deepest drop · 1Y−2.7%

Lowest point · 5Y0.0%

52-week range

$25.10

$24.66−2.5% from the high$25.75

Nomura STAX · past-year price moves · as of Nov 4, 2026

STAX

Fund Facts

Today

2023launched Nov 28

Tracks[…]

Exchange · CUSIPAMEX · 555927300

StructureETF

Leverage1x

Cost on $10,000$29 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

Nomura STAX · fund facts · as of Nov 4, 2026

STAX

Payouts by Year

$0.0795per share, Oct 2026

Distribution yield3.2%

PaidEvery month

Latest ex-date · paidOct 30 · Nov 5, 2026

12 payouts added up$0.81 a share

Nomura STAX · distributions by ex-date · 2024–2026

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

Trading & Liquidity

Net asset value$25.12

Premium / discount[…]

Median spread · 30D[…]

Volume today4K

Average volume · 30D5K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.29%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$29.00

Our risk indicator4/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Oct 30, 2026	Nov 5, 2026	$0.0795
Sep 30, 2026	Oct 6, 2026	$0.0674
Aug 31, 2026	Sep 4, 2026	$0.0594
Jul 31, 2026	Aug 6, 2026	$0.0607
Jun 30, 2026	Jul 7, 2026	$0.0580
May 29, 2026	Jun 4, 2026	$0.0672
Apr 30, 2026	May 6, 2026	$0.0718
Mar 31, 2026	Apr 7, 2026	$0.0647
Feb 27, 2026	Mar 5, 2026	$0.0713
Jan 30, 2026	Feb 5, 2026	$0.0672
Dec 24, 2025	Dec 31, 2025	$0.0696
Nov 28, 2025	Dec 4, 2025	$0.0683

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