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LTAX vs TAXS

Nomura Tax-Free USA ETF vs Northern Trust Short-Term Tax-Exempt Bond ETF

LTAX

Nomura Tax-Free USA ETF

Annual cost

0.39%

Fund size

$6M

TAXS

Northern Trust Short-Term Tax-Exempt Bond ETF

Annual cost

0.05%

Fund size

$94M

Key differences

Both LTAX and TAXS are fixed income ETFs. LTAX charges 0.39% a year and TAXS 0.05%. The main difference: LTAX follows a active selection strategy; TAXS uses index tracking.

  • LTAX follows a active selection strategy; TAXS uses index tracking.
  • TAXS costs 0.34% less per year.
  • TAXS is much larger than LTAX. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

LTAXTAXS
Annual cost (TER)0.39%0.05%
Fund size (AUM)$6M$94M
Since20262025
Dividend yield
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%-0.84%

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

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