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LTAX vs FMUB

Nomura Tax-Free USA ETF vs Fidelity Municipal Bond Opportunities ETF

LTAX

Nomura Tax-Free USA ETF

Annual cost

0.39%

Fund size

$6M

FMUB

Fidelity Municipal Bond Opportunities ETF

Annual cost

0.30%

Fund size

$212M

Key differences

Both LTAX and FMUB are fixed income ETFs. LTAX charges 0.39% a year and FMUB 0.30%. The main difference: LTAX follows a active selection strategy; FMUB uses index tracking.

  • LTAX follows a active selection strategy; FMUB uses index tracking.
  • FMUB costs 0.09% less per year.
  • FMUB is much larger than LTAX. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

LTAXFMUB
Annual cost (TER)0.39%0.30%
Fund size (AUM)$6M$212M
Since20262023
Dividend yield3.25%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1YN/A+7.3%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y2.66%
Max drawdown-3.19%-2.49%

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

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