Skip to Content
Morningstar

Macquarie Tax-Free USA Short Term ETF STAX

Morningstar Medalist Rating
Medalist Rating as of | See Macquarie Investment Hub

Morningstar’s Analysis STAX

Will STAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable STAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the STAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of STAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in Macquarie Tax-Free USA Short Term ETF's People and Process Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings STAX

More STAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 42.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5%

5.03 251,205
municipal

CHICAGO ILL WTR REV 5%

4.86 242,785
municipal

NEW JERSEY ST TPK AUTH TPK REV 5%

4.52 225,954
municipal

TEXAS ST 5%

4.51 225,656
municipal

CONNECTICUT ST 5%

4.11 205,267
municipal

MINNEAPOLIS MINN SPL SCH DIST NO 001 CTFS PARTN 5%

4.05 202,651
municipal

PENNSYLVANIA ST 5%

4.04 201,859
municipal

NORTH TEX TWY AUTH REV 5%

4.01 200,607
municipal

NEW JERSEY ST TRANSN TR FD AUTH 5%

4.00 200,124
municipal

DISTRICT COLUMBIA 5%

3.99 199,603
municipal