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LTAX vs FLDB

Nomura Tax-Free USA ETF vs Fidelity Low Duration Bond ETF

LTAX

Nomura Tax-Free USA ETF

Annual cost

0.39%

Fund size

$6M

FLDB

Fidelity Low Duration Bond ETF

Annual cost

0.20%

Fund size

$409M

Key differences

Both LTAX and FLDB are fixed income ETFs. LTAX charges 0.39% a year and FLDB 0.20%. The main difference: LTAX follows a active selection strategy; FLDB uses index tracking.

  • LTAX follows a active selection strategy; FLDB uses index tracking.
  • FLDB costs 0.19% less per year.
  • FLDB is much larger than LTAX. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

LTAXFLDB
Annual cost (TER)0.39%0.20%
Fund size (AUM)$6M$409M
Since20262024
Dividend yield4.24%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1YN/A+4.2%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y0.90%
Max drawdown-3.19%-0.40%

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

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