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FRWD vs TAXT

Nomura Transformational Technologies ETF vs Northern Trust Tax-Exempt Bond ETF

FRWD

Nomura Transformational Technologies ETF

Annual cost

0.65%

Fund size

$223M

TAXT

Northern Trust Tax-Exempt Bond ETF

Annual cost

0.05%

Fund size

$60M

Key differences

FRWD is an equity ETF, while TAXT is a fixed income ETF. FRWD charges 0.65% a year and TAXT 0.05%.

  • FRWD is an equity fund, while TAXT is a fixed income fund. They carry different risk/return profiles.
  • FRWD follows a active selection strategy; TAXT uses index tracking.
  • TAXT costs 0.60% less per year.
  • FRWD is much larger than TAXT. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

FRWDTAXT
Annual cost (TER)0.65%0.05%
Fund size (AUM)$223M$60M
Since20262025
Dividend yield
Asset classequityfixed income
Regionnorth america
Strategyactive selectionindex tracking
CAGR 1YN/AN/A
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y
Max drawdown-18.49%-2.49%

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

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