LTAX vs SPY
Nomura ETF Trust Nomura Tax-Free USA ETF compared with State Street SPDR S&P 500 ETF Trust on yield, payout growth, payment schedule, cost and risk.
LTAX
Nomura ETF Trust Nomura Tax-Free USA ETF
TTM yield · Monthly
SPY
State Street SPDR S&P 500 ETF Trust
TTM yield · Quarterly
Quick take
- LTAX yields more today: 3.99% vs 0.99% (forward).
- LTAX pays every month; SPY pays every quarter.
- SPY has the longer streak of annual increases: 12 years vs 0.
- SPY has the steadier distribution: consistency 93/100 vs 72/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | LTAX | SPY |
|---|---|---|
| Share price | $24.32 | $765.96 |
| TTM yield | 2.41% | 0.98% |
| Forward yield | 3.99% | 0.99% |
| Annual payout per share | $0.9703 | $7.616 |
| Payment frequency | Monthly | Quarterly |
| Next ex-date | Oct 1, 2026 (est.) | Sep 17, 2026 (est.) |
| Expense ratio | — | 0.09% |
| 1-year payout growth | — | +5.0% |
| 5-year payout CAGR | — | +6.2% |
| Consecutive years of increases | 0 years | 12 years |
| Payout consistency (last 12) | 72/100 | 93/100 |
| 1-year total return | — | +19.9% |
| 1-year price return | — | +18.7% |
| Size (market cap / AUM) | — | 811.9B |
| Years paying | 0.6 | 33.5 |
| Sector / category | — | Large Blend |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| LTAX | SPY | |
|---|---|---|
| Shares | 411.3 | 13.1 |
| Income per year | $399 | $99 |
| Income per month (avg) | $33 | $8 |
At forward yields, before taxes. Model LTAX · Model SPY
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| LTAX Oct 1, 2026 | Oct 15, 2026 | $0.0809 | Est. |
| LTAX Nov 1, 2026 | Nov 15, 2026 | $0.0809 | Est. |
| LTAX Dec 2, 2026 | Dec 16, 2026 | $0.0809 | Est. |
| SPY Sep 17, 2026 | Oct 1, 2026 | $1.904 | Est. |
| SPY Dec 17, 2026 | Dec 31, 2026 | $1.904 | Est. |
| SPY Mar 18, 2027 | Apr 1, 2027 | $1.904 | Est. |
Annual payouts per share
LTAXSPY
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, LTAX or SPY?
LTAX currently has the higher trailing yield: LTAX yields 2.41% and SPY yields 0.98%. Yield changes daily with price, so check the live figures above.
How often do LTAX and SPY pay?
LTAX pays every month and SPY pays every quarter. LTAX's next ex-date is Oct 1, 2026 and SPY's is Sep 17, 2026.
Is LTAX or SPY better for income?
It depends on what you are optimising for. LTAX and SPY differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.