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TAXT vs LTAX

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

TAXT

Northern Trust Tax-Exempt Bond ETF

Annual cost

0.05%

Fund size

$60M

LTAX

Nomura Tax-Free USA ETF

Annual cost

0.39%

Fund size

$6M

Key differences

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

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

Side-by-side comparison

TAXTLTAX
Annual cost (TER)0.05%0.39%
Fund size (AUM)$60M$6M
Since20252026
Dividend yield
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1YN/AN/A
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y
Max drawdown-2.49%-3.19%

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

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