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FRWD vs HTAX

Nomura Transformational Technologies ETF vs Nomura National High-Yield Municipal Bond ETF

FRWD

Nomura Transformational Technologies ETF

Annual cost

0.65%

Fund size

$223M

HTAX

Nomura National High-Yield Municipal Bond ETF

Annual cost

0.49%

Fund size

$57M

Key differences

FRWD is an equity ETF, while HTAX is a fixed income ETF. FRWD charges 0.65% a year and HTAX 0.49%.

  • FRWD is an equity fund, while HTAX is a fixed income fund. They carry different risk/return profiles.
  • HTAX costs 0.16% less per year.
  • FRWD is much larger than HTAX. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

FRWDHTAX
Annual cost (TER)0.65%0.49%
Fund size (AUM)$223M$57M
Since20262025
Dividend yield4.50%
Asset classequityfixed income
Regionnorth america
Strategyactive selectionactive selection
CAGR 1YN/A+9.0%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y4.70%
Max drawdown-18.49%-6.10%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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