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TAXI vs GTO

Northern Trust Intermediate Tax-Exempt Bond ETF vs Invesco Total Return Bond ETF

TAXI

Northern Trust Intermediate Tax-Exempt Bond ETF

Annual cost

0.05%

Fund size

$144M

GTO

Invesco Total Return Bond ETF

Annual cost

0.35%

Fund size

$2.3B

Key differences

Both TAXI and GTO are fixed income ETFs. TAXI charges 0.05% a year and GTO 0.35%. The main difference: TAXI follows a index tracking strategy; GTO uses active selection.

  • TAXI follows a index tracking strategy; GTO uses active selection.
  • TAXI costs 0.30% less per year.
  • GTO is much larger than TAXI. Larger funds are usually more liquid and less likely to close.
  • GTO has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

TAXIGTO
Annual cost (TER)0.05%0.35%
Fund size (AUM)$144M$2.3B
Since20252016
Dividend yield4.75%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1YN/A+5.5%
CAGR 3YN/A+4.6%
CAGR 5YN/A+0.0%
Sharpe 3YN/A0.21
Volatility 1Y3.43%
Max drawdown-2.23%-20.75%

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

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