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HTAX vs MMSD

Nomura National High-Yield Municipal Bond ETF vs NYLI MacKay Muni Short Duration ETF

HTAX

Nomura National High-Yield Municipal Bond ETF

Annual cost

0.49%

Fund size

$57M

MMSD

NYLI MacKay Muni Short Duration ETF

Annual cost

0.25%

Fund size

$68M

Key differences

Both HTAX and MMSD are fixed income ETFs. HTAX charges 0.49% a year and MMSD 0.25%. The main difference: HTAX follows a active selection strategy; MMSD uses index tracking.

  • HTAX follows a active selection strategy; MMSD uses index tracking.
  • MMSD costs 0.24% less per year.

Side-by-side comparison

HTAXMMSD
Annual cost (TER)0.49%0.25%
Fund size (AUM)$57M$68M
Since20252025
Dividend yield4.50%3.78%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+9.0%+4.5%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y4.70%1.73%
Max drawdown-6.10%-1.35%

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

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