AUM $5.5MER 0.92%NAV $24.10Holdings —Inception May 2023
Price Chart
Key Statistics
Previous Close
$23.95Day Range
$23.95$23.95
52-Week Range
$21.26$28.55
Avg Volume
1.8KDividend Yield
4.57%Expense Ratio
0.92%AUM
$5.5MShares Outstanding
181.1KETF Grades
?ETF Grades compare this fund against others in the same category using percentile rankings across six factors. Grades range from A+ (top 5%) to F (bottom 20%). Updated daily.Sector Breakdown
| Sector | Weight % |
|---|---|
| Cash & Others | 100.00% |
Country Allocation
| Country | Weight % |
|---|---|
| Other | 100.00% |
Fund Information
- Issuer
- X-Square
- Category
- Cash & Others
- Inception Date
- May 19, 2023
- Exchange
- NYSE_ARCA
- Description
- Under normal market conditions, the fund invests at least 80% of its assets (defined as net assets plus any borrowing for investment purposes, if any) in tax-exempt municipal securities, the income from which is exempt from both federal and state income tax. The adviser expects to invest up to 100% of its assets in tax-exempt municipal securities issued by Puerto Rico, Guam and the U.S. Virgin Islands. Municipal securities may be of any maturity, duration or credit rating including those rated below investment grade (commonly known as “junk bonds”). The fund is non-diversified.
Similar ETFs
The X-Square Municipal Income ETF (ZTAX) is an exchange-traded fund issued by X-Square that launched on May 19, 2023. It currently manages $5.5M in assets under management. The fund charges an expense ratio of 0.92%. It falls under the Cash & Others category.
Top 10 holdings represent 80.0% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue | 17.47% | 1,051,000 | $964K |
| 2 | — | Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue | 14.19% | 875,000 | $783K |
| 3 | — | Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue | 10.18% | 596,000 | $562K |
| 4 | — | Matching Fund Special Purpose Securitization Corp. | 7.65% | 425,000 | $422K |
| 5 | — | Commonwealth of Puerto Rico | 7.44% | 445,000 | $410K |
| 6 | — | Commonwealth of Puerto Rico | 5.14% | 268,235 | $284K |
| 7 | — | Puerto Rico Commonwealth Aqueduct & Sewer Authority | 4.66% | 280,000 | $257K |
| 8 | — | Puerto Rico Commonwealth Aqueduct & Sewer Authority | 4.56% | 250,000 | $252K |
| 9 | — | Puerto Rico Commonwealth Aqueduct & Sewer Authority | 4.47% | 250,000 | $247K |
| 10 | — | Commonwealth of Puerto Rico | 4.24% | 246,000 | $234K |
| 11 | — | Puerto Rico Commonwealth Aqueduct & Sewer Authority | 3.84% | 250,000 | $212K |
| 12 | — | Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue | 3.83% | 213,000 | $212K |
| 13 | — | Commonwealth of Puerto Rico | 3.47% | 221,479 | $191K |
| 14 | — | Commonwealth of Puerto Rico | 3.26% | 178,180 | $180K |
| 15 | — | Cash Equivalent | 2.10% | 115,639 | $116K |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | +0.00% | |
| 1W | +0.10% | |
| 1M | -3.35% | |
| 3M | -5.82% | |
| 6M | -6.99% | |
| YTD | -6.85% | |
| 1Y | -5.15% | |
| 3Y | -0.81% | |
| 5Y | -2.88% |
Moving Averages
20-Day MA
$24.04
Below 20-Day MA50-Day MA
$24.74
Below 50-Day MA200-Day MA
$25.28
Below 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$28.55
Current Price
$23.95
52-Week Low
$21.26
$21.26$28.55
Current Yield
4.57%
Annual Dividend
$1.1457
Frequency
Quarterlyx/year
Last Ex-Date
Apr 2, 2026
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| Apr 2, 2026 | $0.0594 | Apr 6, 2026 |
| Jan 2, 2026 | $0.5072 | Jan 5, 2026 |
| Oct 2, 2025 | $0.0594 | Oct 3, 2025 |
| Jul 2, 2025 | $0.5197 | Jul 7, 2025 |
| Apr 2, 2025 | $0.0594 | Apr 4, 2025 |
| Jan 2, 2025 | $0.5365 | Jan 3, 2025 |
| Oct 2, 2024 | $0.0690 | Oct 3, 2024 |
| Jul 1, 2024 | $0.5365 | Jul 2, 2024 |
| Apr 1, 2024 | $0.0465 | Apr 3, 2024 |
| Jan 2, 2024 | $0.5820 | Jan 4, 2024 |
| Sep 29, 2023 | $0.2037 | Oct 3, 2023 |
| Jul 20, 2023 | $0.3600 | Jul 24, 2023 |
Dividend Payments Over Time
Category Comparison
| Metric | ZTAX | Cash & Others(1140 ETFs) | Income(1130 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 0.92% | 0.67% | 0.70% |
| AUM | $5.5M | $1.85B | $1.63B |
| Dividend Yield | 4.57% | 9.56% | 11.22% |
| Avg Volume | 1.8K | 759.2K | 328.2K |
| Holdings | — | 251 | 190 |
| Performance | |||
| 1-Month Return | -3.35% | -1.95% | -2.03% |
| 6-Month Return | — | +6.46% | -2.28% |
| YTD Return | -6.55% | +1.62% | -2.82% |
| 1-Year Return | -9.81% | +1.09% | -3.81% |
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