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HTAX vs SCMB

Nomura National High-Yield Municipal Bond ETF vs Schwab Municipal Bond ETF

HTAX

Nomura National High-Yield Municipal Bond ETF

Annual cost

0.49%

Fund size

$57M

SCMB

Schwab Municipal Bond ETF

Annual cost

0.03%

Fund size

$3.9B

Key differences

Both HTAX and SCMB are fixed income ETFs. HTAX charges 0.49% a year and SCMB 0.03%. The main difference: HTAX follows a active selection strategy; SCMB uses index tracking.

  • HTAX follows a active selection strategy; SCMB uses index tracking.
  • SCMB costs 0.46% less per year.
  • SCMB is much larger than HTAX. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

HTAXSCMB
Annual cost (TER)0.49%0.03%
Fund size (AUM)$57M$3.9B
Since20252022
Dividend yield4.50%3.56%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+9.0%+6.5%
CAGR 3YN/A+3.3%
CAGR 5YN/AN/A
Sharpe 3YN/A-0.07
Volatility 1Y4.70%2.92%
Max drawdown-6.10%-6.13%

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

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