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LTAX vs FTNJ

Nomura Tax-Free USA ETF vs Franklin New Jersey Municipal Income ETF

LTAX

Nomura Tax-Free USA ETF

Annual cost

0.39%

Fund size

$6M

FTNJ

Franklin New Jersey Municipal Income ETF

Annual cost

0.35%

Fund size

$166M

Key differences

Both LTAX and FTNJ are fixed income ETFs. LTAX charges 0.39% a year and FTNJ 0.35%. The main difference: LTAX follows a active selection strategy; FTNJ uses index tracking.

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

Side-by-side comparison

LTAXFTNJ
Annual cost (TER)0.39%0.35%
Fund size (AUM)$6M$166M
Since20262018
Dividend yield3.22%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1YN/AN/A
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y
Max drawdown-3.19%-2.72%

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

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