Screener
LTAX vs CDX
Nomura Tax-Free USA ETF vs Simplify High Yield ETF
Key differences
Both LTAX and CDX are fixed income ETFs. LTAX charges 0.39% a year and CDX 0.25%. The main difference: LTAX follows a active selection strategy; CDX uses multi strategy.
- LTAX follows a active selection strategy; CDX uses multi strategy.
- CDX costs 0.14% less per year.
- CDX is much larger than LTAX. Larger funds are usually more liquid and less likely to close.
Side-by-side comparison
| LTAX | CDX | |
|---|---|---|
| Annual cost (TER) | 0.39% | 0.25% |
| Fund size (AUM) | $6M | $407M |
| Since | 2026 | 2022 |
| Dividend yield | — | 8.31% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | active selection | multi strategy |
| CAGR 1Y | N/A | -1.7% |
| CAGR 3Y | N/A | +7.5% |
| CAGR 5Y | N/A | N/A |
| Sharpe 3Y | N/A | 0.39 |
| Volatility 1Y | — | 5.74% |
| Max drawdown | -3.19% | -13.24% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.