SUB vs TAXS
iShares Short-Term National Muni Bond ETF compared with Northern Trust Short-Term Tax-Exempt Bond ETF on yield, payout growth, payment schedule, cost and risk.
SUB
iShares Short-Term National Muni Bond ETF
TTM yield · Monthly
TAXS
Northern Trust Short-Term Tax-Exempt Bond ETF
TTM yield · Monthly
Quick take
- TAXS yields more today: 2.60% vs 2.59% (forward).
- Both pay every month.
- Over the last year TAXS delivered the higher total return: +1.5% vs +1.3% (price change plus payouts).
- TAXS is cheaper to own: 0.05% vs 0.07% expense ratio.
- SUB has the steadier distribution: consistency 97/100 vs 74/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | SUB | TAXS |
|---|---|---|
| Share price | $105.41 | $49.79 |
| TTM yield | 2.59% | 2.40% |
| Forward yield | 2.59% | 2.60% |
| Annual payout per share | $2.727 | $1.2924 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 31, 2026 (est.) | Oct 31, 2026 (est.) |
| Expense ratio | 0.07% | 0.05% |
| 1-year payout growth | — | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | — | — |
| Payout consistency (last 12) | 97/100 | 74/100 |
| 1-year total return | +1.3% | +1.5% |
| 1-year price return | -1.3% | -0.9% |
| Size (market cap / AUM) | 11.9B | 152.8M |
| Years paying | 17.9 | 1.1 |
| Sector / category | Muni National Short | Muni National Short |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| SUB | TAXS | |
|---|---|---|
| Shares | 94.9 | 200.8 |
| Income per year | $259 | $260 |
| Income per month (avg) | $22 | $22 |
At forward yields, before taxes. Model SUB · Model TAXS
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| SUB Oct 31, 2026 | Nov 14, 2026 | $0.2272 | Est. |
| SUB Nov 30, 2026 | Dec 14, 2026 | $0.2273 | Est. |
| SUB Dec 30, 2026 | Jan 13, 2027 | $0.2273 | Est. |
| TAXS Oct 31, 2026 | Nov 5, 2026 | $0.1077 | Est. |
| TAXS Nov 30, 2026 | Dec 5, 2026 | $0.1077 | Est. |
| TAXS Dec 30, 2026 | Jan 4, 2027 | $0.1077 | Est. |
Annual payouts per share
SUBTAXS
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, SUB or TAXS?
SUB currently has the higher trailing yield: SUB yields 2.59% and TAXS yields 2.40%. Yield changes daily with price, so check the live figures above.
How often do SUB and TAXS pay?
SUB pays every month and TAXS pays every month. SUB's next ex-date is Oct 31, 2026 and TAXS's is Oct 31, 2026.
Is SUB or TAXS better for income?
It depends on what you are optimising for. SUB and TAXS differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.