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LTAX vs FIGB

Nomura Tax-Free USA ETF vs Fidelity Investment Grade Bond ETF

LTAX

Nomura Tax-Free USA ETF

Annual cost

0.39%

Fund size

$6M

FIGB

Fidelity Investment Grade Bond ETF

Annual cost

0.36%

Fund size

$499M

Key differences

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

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

Side-by-side comparison

LTAXFIGB
Annual cost (TER)0.39%0.36%
Fund size (AUM)$6M$499M
Since20262021
Dividend yield4.11%
Asset classfixed incomefixed income
Regionnorth americaglobal ex us
Strategyactive selectionindex tracking
CAGR 1YN/A+4.2%
CAGR 3YN/A+3.8%
CAGR 5YN/A+0.2%
Sharpe 3YN/A0.06
Volatility 1Y4.11%
Max drawdown-3.19%-18.08%

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

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