STAX — Nomura Tax-Free USA Short Term ETF
Data updated: 2026-08-26
STAX — Nomura Tax-Free USA Short Term ETF. Short Municipal - National Bond · $13.34M AUM · 0.29% expense ratio. Holdings, fees, performance and SEC filings.
STAX Fund Overview
STAX — Nomura Tax-Free USA Short Term ETF is a US ETF managed by Nomura ETF Trust, categorised as Short Municipal - National Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Nomura ETF Trust
- Category: Short Municipal - National Bond
- Assets under management: $13.34M
- 1-year return: 3.8%
- Ticker: STAX
- SEC CIK: 0001969995
- SEC series ID: S000082264
- Share class ID: C000245548
STAX Holdings
Top 10 holdings of Nomura Tax-Free USA Short Term ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| City of Chicago | 2.42% |
| New York Transportation Development Corp. | 2.06% |
| State of Illinois | 1.99% |
| University of Colorado Hospital Authority | 1.87% |
| Housing & Redevelopment Authority of The City of St. Paul Minnesota | 1.82% |
| State of Texas | 1.65% |
| Kansas City Industrial Development Authority | 1.61% |
| State of New Jersey | 1.60% |
| Tobacco Settlement Financing Corp. | 1.56% |
| New York Transportation Development Corp. | 1.55% |
STAX Portfolio Allocation
Asset-class allocation of Nomura Tax-Free USA Short Term ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 102.1% |
STAX Performance
Total returns for STAX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.6% |
| 1 year | 3.8% |
| 3 years (annualised) | 3.8% |
STAX Risk Information
Risk metrics for STAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 1.5%
STAX Costs and Fees
STAX costs about $29 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.29%
- Gross expense ratio: 0.29%
- Portfolio turnover: 38%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
STAX Cashflows
Over the 12 months to 2026-06, Nomura Tax-Free USA Short Term ETF had net inflows of $8.26M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $6.99M |
| 2026-05 | $0 |
| 2026-04 | $0 |
| 2026-03 | $639.32K |
| 2026-02 | $0 |
| 2026-01 | $0 |
STAX Debt Constituents
Largest debt holdings of Nomura Tax-Free USA Short Term ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| City of Chicago | 2.42% |
| New York Transportation Development Corp. | 2.06% |
| State of Illinois | 1.99% |
| University of Colorado Hospital Authority | 1.87% |
| Housing & Redevelopment Authority of The City of St. Paul Minnesota | 1.82% |
| State of Texas | 1.65% |
| Kansas City Industrial Development Authority | 1.61% |
| State of New Jersey | 1.60% |
| Tobacco Settlement Financing Corp. | 1.56% |
| New York Transportation Development Corp. | 1.55% |
STAX Prospectus and SEC Filings
Official Nomura Tax-Free USA Short Term ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-07-29
- Prospectus (485BPOS) — filed 2025-07-29
- Prospectus (485BPOS) — filed 2025-03-25
- Portfolio holdings (N-PORT) — filed 2026-08-26
- Portfolio holdings (N-PORT) — filed 2026-05-27
- Portfolio holdings (N-PORT) — filed 2026-02-24
- Annual census (N-CEN) — filed 2026-06-12
- Annual census (N-CEN) — filed 2025-06-13
Related Funds
Other Short Municipal - National Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.