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STAX vs GSY

Nomura Tax-Free USA Short Term ETF vs Invesco Ultra Short Duration ETF

STAX

Nomura Tax-Free USA Short Term ETF

Annual cost

0.29%

Fund size

$6M

GSY

Invesco Ultra Short Duration ETF

Annual cost

0.22%

Fund size

$3.5B

Key differences

Both STAX and GSY are fixed income ETFs. STAX charges 0.29% a year and GSY 0.22%. The main difference: STAX follows a active selection strategy; GSY uses index tracking.

  • STAX follows a active selection strategy; GSY uses index tracking.
  • GSY costs 0.07% less per year.
  • GSY is much larger than STAX. Larger funds are usually more liquid and less likely to close.
  • GSY has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

STAXGSY
Annual cost (TER)0.29%0.22%
Fund size (AUM)$6M$3.5B
Since20232008
Dividend yield3.23%4.34%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+4.0%+4.5%
CAGR 3YN/A+5.4%
CAGR 5YN/A+3.6%
Sharpe 3YN/A3.31
Volatility 1Y1.03%0.40%
Max drawdown-1.42%-5.25%

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

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