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HTAX vs SUB

Nomura National High-Yield Municipal Bond ETF vs iShares Short-Term National Muni Bond ETF

HTAX

Nomura National High-Yield Municipal Bond ETF

Annual cost

0.49%

Fund size

$57M

SUB

iShares Short-Term National Muni Bond ETF

Annual cost

0.07%

Fund size

$11.3B

Key differences

Both HTAX and SUB are fixed income ETFs. HTAX charges 0.49% a year and SUB 0.07%. The main difference: HTAX follows a active selection strategy; SUB uses index tracking.

  • HTAX follows a active selection strategy; SUB uses index tracking.
  • SUB costs 0.42% less per year.
  • SUB is much larger than HTAX. Larger funds are usually more liquid and less likely to close.
  • SUB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HTAXSUB
Annual cost (TER)0.49%0.07%
Fund size (AUM)$57M$11.3B
Since20252008
Dividend yield4.50%2.51%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+9.0%+3.1%
CAGR 3YN/A+3.2%
CAGR 5YN/A+1.5%
Sharpe 3YN/A-0.28
Volatility 1Y4.70%1.00%
Max drawdown-6.10%-9.46%

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

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