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LTAX vs FLDR

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

LTAX

Nomura Tax-Free USA ETF

Annual cost

0.39%

Fund size

$6M

FLDR

Fidelity Low Duration Bond Factor ETF

Annual cost

0.15%

Fund size

$1.6B

Key differences

Both LTAX and FLDR are fixed income ETFs. LTAX charges 0.39% a year and FLDR 0.15%. The main difference: LTAX follows a active selection strategy; FLDR uses index tracking.

  • LTAX follows a active selection strategy; FLDR uses index tracking.
  • FLDR costs 0.24% less per year.
  • FLDR is much larger than LTAX. Larger funds are usually more liquid and less likely to close.
  • FLDR has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

LTAXFLDR
Annual cost (TER)0.39%0.15%
Fund size (AUM)$6M$1.6B
Since20262018
Dividend yield4.43%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1YN/A+4.6%
CAGR 3YN/A+5.5%
CAGR 5YN/A+3.8%
Sharpe 3YN/A1.71
Volatility 1Y0.81%
Max drawdown-3.19%-12.23%

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

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