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FFSM vs FMUB

Fidelity Covington Trust - Fidelity Fundamental Small-Mid Cap ETF vs Fidelity Municipal Bond Opportunities ETF

FFSM

Fidelity Covington Trust - Fidelity Fundamental Small-Mid Cap ETF

Annual cost

Fund size

FMUB

Fidelity Municipal Bond Opportunities ETF

Fidelity Investments

Annual cost

0.30%

Fund size

$190M

Key differences

  • FFSM is classified as equity, while FMUB is fixed income — different risk/return profiles.
  • FFSM follows a active selection strategy; FMUB uses index tracking.

Side-by-side comparison

FFSMFMUB
Annual cost (TER)0.30%
Fund size (AUM)$190M
Since2023
Dividend yield3.32%
Asset classequityfixed income
Regionnorth america
Strategyactive selectionindex tracking
CAGR 1Y+40.2%+7.3%
CAGR 3Y+21.6%N/A
CAGR 5Y+10.7%N/A
Sharpe 3Y0.93N/A
Volatility 1Y18.06%2.71%
Max drawdown-26.65%-2.49%

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

Similar to FFSM and FMUB