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LTAX vs TLH

Nomura Tax-Free USA ETF vs iShares 10-20 Year Treasury Bond ETF

LTAX

Nomura Tax-Free USA ETF

Annual cost

0.39%

Fund size

$6M

TLH

iShares 10-20 Year Treasury Bond ETF

Annual cost

0.15%

Fund size

$11.4B

Key differences

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

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

Side-by-side comparison

LTAXTLH
Annual cost (TER)0.39%0.15%
Fund size (AUM)$6M$11.4B
Since20262007
Dividend yield4.39%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1YN/A+3.2%
CAGR 3YN/A+0.0%
CAGR 5YN/A-3.8%
Sharpe 3YN/A-0.26
Volatility 1Y7.93%
Max drawdown-3.19%-41.14%

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

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