LTAX vs VXUS

LTAX vs VXUS

Which is better, LTAX or VXUS?

Municipal Bond against Large Cap Blend.

VXUS has a lower expense ratio.

Lower Fees: VXUS

MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.

Side-by-Side Comparison

MetricLTAXVXUS
Expense Ratio0.39%0.05%Best
AUM$6M$158.1B
Dividend Yield2.37%2.51%
Holdings858,747
YTD Return-1.88%+14.94%Best
1Y Return-+21.99%
3Y Return (annualized)-+20.89%
5Y Return (annualized)-+9.48%
Fund FamilyNomura Asset Management Co LtdVanguard (US)
CategoryTax PreferredEquity
StyleMunicipal BondLarge Cap Blend
InceptionJan 12, 2026Jan 26, 2011

Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.

LTAX vs VXUS growth

Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.

LTAX vs VXUS Performance

Nomura Tax-Free USA ETF (LTAX) is an ETF from Nomura Asset Management Co Ltd and Vanguard Total International Stock ETF (VXUS) is an ETF from Vanguard (US). Year to date, LTAX is down 1.88% versus a gain of 14.94% for VXUS.

Past performance does not guarantee future results.

Fees and Cost Over Time

LTAX charges 0.39% per year while VXUS charges 0.05%. On a $10,000 position that is $39 vs $5 annually, a gap of $34 per year that compounds over a long holding period. On income, LTAX currently yields 2.37% against 2.51% for VXUS.

Holdings Overlap

We hold position weights for 37 holdings in LTAX and 8,082 in VXUS, totalling 46.3% and 88.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.

0 positions in common, counted across the 37 positions we hold weights for in LTAX and 8,082 in VXUS, against full books of 85 and 8,747.

You are not choosing between two funds in isolation.

Whichever of LTAX and VXUS you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

LTAXVXUS

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, LTAX or VXUS?

LTAX has an expense ratio of 0.39% while VXUS charges 0.05%. VXUS is the cheaper option, by $34 a year on a $10,000 investment.

Which pays a higher dividend, LTAX or VXUS?

LTAX yields 2.37% while VXUS yields 2.51%, so VXUS currently pays the higher dividend yield.

Is VXUS better than LTAX?

VXUS has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.