Nomura NationalMuni National IntermediateHTAX · NYSE Arca

Nomura National High-Yield Municipal Bond ETF (HTAX)

Compare Muni National Intermediate ETFs Compare with others

Price: $23.68; —11 Sept 2026
Assets: —; Total net assets
Expense ratio: 0.49%; Category 0.93%
Yield: —; Trailing distributions

1Y return: 1.6%+1.1%; Category 0.5%
3Y CAGR: —; Category 3.1%
5Y CAGR: —; Category 0.4%

Loading NAV history…

Nomura National High-Yield Municipal Bond ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	-3.0%	-3.0%	-0.9%	+0.3%	+1.6%	—	—	—	+1.2%
Muni National Intermediate average	-2.3%	-2.5%	-1.9%	-1.0%	0.5%	3.1%	0.4%	1.7%	1.6%
Difference	-0.7%	-0.6%	+1.0%	+1.3%	+1.1%	—	—	—	-0.5%

Holdings

Allocation as last published by the fund.

Asset mix

What the fund is invested in.

Bonds99.0%
Cash1.0%
Stocks0.0%

ETF details

Issuer: Nomura National
Category: Fixed Income · Muni National Intermediate
Ticker: HTAX
Exchange: NYSE Arca
Inception: 6 Mar 2025 (1.5 years)
Structure: Exchange Traded Fund
Expense ratio: 0.49% (category 0.93%)
Holdings turnover: 50% (category 56%)
Distribution yield: —
Total net assets: —
Average duration: 5.33 years
Average maturity: 9.42 years

Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

Other muni national intermediate ETFs

Other ETFs in the Muni National Intermediate category.

Compare Muni National Intermediate ETFs