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LTAX vs FLTB

Nomura Tax-Free USA ETF vs Fidelity Limited Term Bond ETF

LTAX

Nomura Tax-Free USA ETF

Annual cost

0.39%

Fund size

$6M

FLTB

Fidelity Limited Term Bond ETF

Annual cost

0.25%

Fund size

$401M

Key differences

Both LTAX and FLTB are fixed income ETFs. LTAX charges 0.39% a year and FLTB 0.25%. The main difference: LTAX follows a active selection strategy; FLTB uses index tracking.

  • LTAX follows a active selection strategy; FLTB uses index tracking.
  • FLTB costs 0.14% less per year.
  • FLTB is much larger than LTAX. Larger funds are usually more liquid and less likely to close.
  • FLTB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

LTAXFLTB
Annual cost (TER)0.39%0.25%
Fund size (AUM)$6M$401M
Since20262014
Dividend yield4.36%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1YN/A+4.2%
CAGR 3YN/A+5.3%
CAGR 5YN/A+2.2%
Sharpe 3YN/A0.68
Volatility 1Y2.12%
Max drawdown-3.19%-9.37%

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

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