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TAFL vs KORP

AB Tax-Aware Long Municipal ETF vs American Century Diversified Corporate Bond ETF

TAFL

AB Tax-Aware Long Municipal ETF

AllianceBernstein

Annual cost

0.28%

Fund size

$49M

KORP

American Century Diversified Corporate Bond ETF

American Century Investments

Annual cost

0.29%

Fund size

$799M

Key differences

  • KORP is significantly larger than TAFL — larger funds tend to be more liquid and less likely to close.
  • TAFL is classified as alternative, while KORP is fixed income — different risk/return profiles.
  • TAFL covers north america markets; KORP covers global.
  • KORP has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

TAFLKORP
Annual cost (TER)0.28%0.29%
Fund size (AUM)$49M$799M
Since20232018
Dividend yield4.11%5.13%
Asset classalternativefixed income
Regionnorth americaglobal
Strategyactive selectionactive selection
CAGR 1Y+7.0%+7.2%
CAGR 3YN/A+5.5%
CAGR 5YN/A+1.7%
Sharpe 3YN/A0.37
Volatility 1Y4.28%4.47%
Max drawdown-6.01%-14.90%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to TAFL and KORP