LTAX vs SCHD
Nomura Tax-Free USA ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | LTAX | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.39% | 0.06% | |
| AUM | $6M | $112.2B | |
| Dividend Yield | 2.02% | 3.13% | |
| Holdings | 85 | 103 | |
| YTD Return | +0.03% | +27.89% | |
| 1Y Return | - | +29.93% | |
| 3Y Return (annualized) | - | +16.13% | |
| 5Y Return (annualized) | - | +10.00% | |
| Volatility (annualized) | - | 13.6% | |
| Max Drawdown | -3.2% | -33.4% | |
| Fund Family | Nomura Asset Management Co Ltd | Charles Schwab Asset Management | |
| Category | Tax Preferred | Equity | |
| Inception | Jan 12, 2026 | Oct 20, 2011 |
LTAX vs SCHD Performance
Nomura Tax-Free USA ETF (LTAX) is a ETF from Nomura Asset Management Co Ltd and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Year to date, LTAX is up 0.03% versus a gain of 27.89% for SCHD.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -3.2% for LTAX and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
LTAX charges 0.39% per year while SCHD charges 0.06%. On a $10,000 position that is $39 vs $6 annually, a gap of $33 per year that compounds over a long holding period. On income, LTAX currently yields 2.02% against 3.13% for SCHD.
Holdings Overlap
LTAX and SCHD share 0 holdings out of 138 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, LTAX or SCHD?
LTAX has an expense ratio of 0.39% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $33 per year of difference.
What is the holdings overlap between LTAX and SCHD?
LTAX and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 138 unique securities.
Which pays a higher dividend, LTAX or SCHD?
LTAX yields 2.02% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.