NVIR vs LTAX
Comparison between HORIZON KINETICS ENERGY AND REMEDIATION ETF (NVIR, ETF) and Nomura TaxFree USA ETF (LTAX, ETF).
NVIR vs LTAX - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
NVIR
$6.10M
Winner
LTAX
$6.20M
Expense Ratio
NVIR
0.85%
Winner
LTAX
0.39%
Max Drawdown
NVIR
23.63%
Winner
LTAX
3.49%
Sharpe Ratio
Winner
NVIR
1.58
LTAX
0.06
5Y Beta
NVIR
0.75
Winner
LTAX
0.16
P/E Ratio
NVIR
28.96
LTAX
N/A
Forward P/E
NVIR
15.79
LTAX
N/A
PEG Ratio
NVIR
1.45
LTAX
N/A
Debt to Equity
NVIR
67.51%
LTAX
N/A
P/S Ratio
NVIR
2.71
LTAX
N/A
P/B Ratio
NVIR
3.03
LTAX
N/A
NVIR vs LTAX - Historical Returns
Returns include dividend reinvestment.
1M
NVIR
-5.02%
Winner
LTAX
+0.82%
3M
NVIR
-0.88%
Winner
LTAX
+1.01%
6M
NVIR
+14.69%
LTAX
N/A
1Y
NVIR
+32.60%
LTAX
N/A
Max(CAGR)
Winner
NVIR
+16.09%
LTAX
+3.92%
NVIR vs LTAX - Annual Returns (2023 - 2026)
Returns include dividend reinvestment.
| Year | NVIR | LTAX |
|---|---|---|
| 2026 | +16.95% | +1.52% |
| 2025 | +8.54% | N/A |
| 2024 | +17.58% | N/A |
| 2023 | +6.91% | N/A |
NVIR vs LTAX Drawdown Comparison
The maximum drawdown for NVIR was -22.48%, occurring on Apr 8, 2025. Recovery took 240 trading sessions.
The maximum drawdown for LTAX was -3.18%, occurring on Mar 24, 2026. Recovery took 64 trading sessions.
The current NVIR drawdown is -6.17%. The current LTAX drawdown is -0.38%.
| Rank | NVIR | LTAX |
|---|---|---|
| #1 | -22.48% Nov 22, 2024 - Nov 10, 2025 | -3.18% Feb 26, 2026 - May 29, 2026 |
| #2 | -13.07% Mar 3, 2023 - Jul 11, 2023 | -0.78% Jan 14, 2026 - Feb 5, 2026 |
| #3 | -9.79% Sep 12, 2023 - Mar 19, 2024 | -0.38% Jun 4, 2026 - Jun 5, 2026 |
| #4 | -7.07% Jul 31, 2024 - Sep 24, 2024 | -0.27% Feb 10, 2026 - Feb 12, 2026 |
| #5 | -7.04% Mar 27, 2026 - Apr 17, 2026 | -0.27% Feb 5, 2026 - Feb 9, 2026 |
| #6 | -5.00% Dec 5, 2025 - Jan 13, 2026 | -0.21% Jun 2, 2026 - Jun 4, 2026 |
| #7 | -4.89% Apr 5, 2024 - May 17, 2024 | -0.19% Feb 24, 2026 - Feb 26, 2026 |
| #8 | -4.64% Oct 11, 2024 - Nov 6, 2024 | -0.01% Feb 13, 2026 - Feb 18, 2026 |
| #9 | -4.43% May 20, 2024 - Jul 15, 2024 | -0.00% Feb 19, 2026 - Feb 24, 2026 |
| #10 | -3.74% Nov 11, 2025 - Dec 3, 2025 | N/A |
| #11 | -3.45% Sep 24, 2024 - Oct 2, 2024 | N/A |
| #12 | -2.94% Jul 16, 2024 - Jul 31, 2024 | N/A |
| #13 | -2.40% Mar 2, 2026 - Mar 19, 2026 | N/A |
| #14 | -2.32% Aug 9, 2023 - Aug 30, 2023 | N/A |
| #15 | -2.22% Jul 13, 2023 - Jul 20, 2023 | N/A |
Correlation
Correlation between NVIR and LTAX is 0.01 which considered as a very weak or no correlation - the stocks move independently of each other.
0.01
-101
Dividend Comparison (2023 - 2026)
NVIR vs LTAX dividend yield comparison.
| Year | NVIR | LTAX |
|---|---|---|
| 2026 | 0.00% | 1.34% |
| 2025 | 0.92% | 0.00% |
| 2024 | 1.50% | 0.00% |
| 2023 | 1.34% | 0.00% |
Select Stocks to Compare
Popular: NVIR vs SPYLTAX vs SPY
More Comparisons
Compare with similar stocks