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LTAX vs FCOR

Nomura Tax-Free USA ETF vs Fidelity Corporate Bond ETF

LTAX

Nomura Tax-Free USA ETF

Annual cost

0.39%

Fund size

$6M

FCOR

Fidelity Corporate Bond ETF

Annual cost

0.36%

Fund size

$342M

Key differences

Both LTAX and FCOR are fixed income ETFs. LTAX charges 0.39% a year and FCOR 0.36%. The main difference: LTAX follows a active selection strategy; FCOR uses index tracking.

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

Side-by-side comparison

LTAXFCOR
Annual cost (TER)0.39%0.36%
Fund size (AUM)$6M$342M
Since20262014
Dividend yield4.54%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1YN/A+5.1%
CAGR 3YN/A+5.4%
CAGR 5YN/A+0.7%
Sharpe 3YN/A0.31
Volatility 1Y4.39%
Max drawdown-3.19%-22.60%

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

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