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FRWD vs LTAX

Nomura Transformational Technologies ETF vs Nomura Tax-Free USA ETF

FRWD

Nomura Transformational Technologies ETF

Annual cost

0.65%

Fund size

$223M

LTAX

Nomura Tax-Free USA ETF

Annual cost

0.39%

Fund size

$6M

Key differences

FRWD is an equity ETF, while LTAX is a fixed income ETF. FRWD charges 0.65% a year and LTAX 0.39%.

  • FRWD is an equity fund, while LTAX is a fixed income fund. They carry different risk/return profiles.
  • LTAX costs 0.26% less per year.
  • FRWD is much larger than LTAX. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

FRWDLTAX
Annual cost (TER)0.65%0.39%
Fund size (AUM)$223M$6M
Since20262026
Dividend yield
Asset classequityfixed income
Regionnorth america
Strategyactive selectionactive selection
CAGR 1YN/AN/A
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y
Max drawdown-18.49%-3.19%

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

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