Nomura National High-Yield Municipal Bond ETF (HTAX) belongs to the High Yield Muni category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with HTAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HTAX
HTAX charges 0.49% annually. There are 10 ETFs in the High Yield Muni category with lower expense ratios, going as low as 0.32%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| T. Rowe Price High Income Municipal ETF | 0.32% | 25.42M | Nov 2025 | HTAX vs THYM | |
| Capital Group Municipal High-Income ETF | 0.34% | 3.22B | Jun 2024 | HTAX vs CGHM | |
| iShares Short Duration High Yield Muni Active ETF | 0.35% | 788.12M | Mar 2021 | HTAX vs SHYM | |
| JPMorgan High Yield Municipal ETF | 0.35% | 280.74M | Jul 2023 | HTAX vs JMHI | |
| WisdomTree High Income Laddered Municipal ETF | 0.35% | 5.08M | Apr 2025 | HTAX vs WTMY |
Best Risk-Adjusted Alternatives to HTAX
HTAX has a PortfoliosLab risk / return rank of 86. There are 4 ETFs in the High Yield Muni category with higher risk-adjusted ranks, going as high as 93.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance High Income Municipal ETF | 93 | 57.80M | Feb 2025 | HTAX vs EVYM | |
| Capital Group Municipal High-Income ETF | 92 | 3.22B | Jun 2024 | HTAX vs CGHM | |
| Rockefeller Opportunistic Municipal Bond ETF | 92 | 209.80M | Aug 2024 | HTAX vs RMOP | |
| Invesco Rochester High Yield Municipal ETF | 88 | 131.53M | Dec 2022 | HTAX vs IROC | |
| Nuveen High Yield Municipal Income ETF | 84 | 137.99M | Jan 2025 | HTAX vs NHYM |
Top Performing HTAX Alternatives (YTD)
HTAX is at 4.31% YTD. There is 1 ETF in the High Yield Muni category with a higher YTD return, going as high as 4.83%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| VanEck CEF Municipal Income ETF | 4.83% | 223.14M | Jul 2011 | HTAX vs XMPT | |
| Franklin Municipal High Yield ETF | 4.31% | 599.10M | May 2018 | HTAX vs FTMH | |
| Eaton Vance High Income Municipal ETF | 4.29% | 57.80M | Feb 2025 | HTAX vs EVYM | |
| Rockefeller Opportunistic Municipal Bond ETF | 4.25% | 209.80M | Aug 2024 | HTAX vs RMOP | |
| iShares High Yield Muni Active ETF | 4.13% | — | Feb 2025 | HTAX vs HIMU |
Lowest Volatility Alternatives to HTAX
HTAX has 4.67% 1-year volatility. There are 11 ETFs in the High Yield Muni category with lower 1-year volatility, going as low as 2.54%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree High Income Laddered Municipal ETF | 2.54% | 5.08M | Apr 2025 | HTAX vs WTMY | |
| iShares Short Duration High Yield Muni Active ETF | 2.74% | 788.12M | Mar 2021 | HTAX vs SHYM | |
| Invesco Rochester High Yield Municipal ETF | 3.03% | 131.53M | Dec 2022 | HTAX vs IROC | |
| Capital Group Municipal High-Income ETF | 3.13% | 3.22B | Jun 2024 | HTAX vs CGHM | |
| JPMorgan High Yield Municipal ETF | 3.19% | 280.74M | Jul 2023 | HTAX vs JMHI |
Lowest Drawdown Alternatives to HTAX
HTAX has a 1-year max drawdown of -3.06%. There are 8 ETFs in the High Yield Muni category with shallower 1-year drawdowns, going as shallow as -2.23%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Short Duration High Yield Muni Active ETF | -2.23% | 788.12M | Mar 2021 | HTAX vs SHYM | |
| Capital Group Municipal High-Income ETF | -2.55% | 3.22B | Jun 2024 | HTAX vs CGHM | |
| Invesco Rochester High Yield Municipal ETF | -2.64% | 131.53M | Dec 2022 | HTAX vs IROC | |
| Rockefeller Opportunistic Municipal Bond ETF | -2.66% | 209.80M | Aug 2024 | HTAX vs RMOP | |
| WisdomTree High Income Laddered Municipal ETF | -2.71% | 5.08M | Apr 2025 | HTAX vs WTMY |
Other ETFs from Nomura
The 4 most viewed Nomura ETFs shown here include EMEQ, LRGG, FRWD and span 4 categories. AUM among these funds goes as high as $658M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Nomura Focused Emerging Markets Equity ETF | Emerging Markets Diversified | 93 | 64.53% | 658.42M | Sep 2024 | HTAX vs EMEQ | |
| Nomura Focused Large Growth ETF | Large Cap Growth Equities | 8 | -3.92% | 397.29M | May 2024 | HTAX vs LRGG | |
| Nomura Transformational Technologies ETF | Technology Equities | — | — | — | Jan 2026 | HTAX vs FRWD | |
| Nomura Tax-Free USA ETF | Municipal Bonds | — | — | 5.00M | Jan 2026 | HTAX vs LTAX |
Often Compared With HTAX
Investors most often compare HTAX with YYYM, CSHP, DBC. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare HTAX with Any Fund or Stock
Compare HTAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HTAX with funds that move differently
Nomura National High-Yield Municipal Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HTAX.
Explore HTAX Diversifiers