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DFNM vs LMUB

Dimensional National Municipal Bond ETF vs iShares Long-Term National Muni Bd ETF

DFNM

Dimensional National Municipal Bond ETF

Dimensional Fund Advisors

Annual cost

0.17%

Fund size

$2.1B

LMUB

iShares Long-Term National Muni Bd ETF

iShares

Annual cost

0.09%

Fund size

$1.5B

Key differences

  • LMUB costs 0.08% less per year.
  • DFNM follows a active selection strategy; LMUB uses index tracking.

Side-by-side comparison

DFNMLMUB
Annual cost (TER)0.17%0.09%
Fund size (AUM)$2.1B$1.5B
Since20212025
Dividend yield2.92%3.96%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+4.9%+6.8%
CAGR 3Y+3.2%N/A
CAGR 5YN/AN/A
Sharpe 3Y-0.16N/A
Volatility 1Y1.77%4.20%
Max drawdown-6.99%-5.51%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to DFNM and LMUB