Skip to content
Beacon
Screener

ZMUN vs LTAX

F/m Ultrashort Tax Free Municipal ETF vs Nomura Tax-Free USA ETF

ZMUN

F/m Ultrashort Tax Free Municipal ETF

Annual cost

0.30%

Fund size

$27M

LTAX

Nomura Tax-Free USA ETF

Annual cost

0.39%

Fund size

$6M

Key differences

Both ZMUN and LTAX are fixed income ETFs. ZMUN charges 0.30% a year and LTAX 0.39%. The main difference: ZMUN follows a index tracking strategy; LTAX uses active selection.

  • ZMUN follows a index tracking strategy; LTAX uses active selection.
  • ZMUN costs 0.09% less per year.
  • ZMUN is much larger than LTAX. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

ZMUNLTAX
Annual cost (TER)0.30%0.39%
Fund size (AUM)$27M$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-0.09%-3.19%

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

Similar to ZMUN and LTAX