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FFSM vs FMUN

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

FFSM

Fidelity Covington Trust - Fidelity Fundamental Small-Mid Cap ETF

Annual cost

Fund size

FMUN

Fidelity Systematic Municipal Bond Index ETF

Fidelity Investments

Annual cost

0.05%

Fund size

$178M

Key differences

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

Side-by-side comparison

FFSMFMUN
Annual cost (TER)0.05%
Fund size (AUM)$178M
Since2019
Dividend yield3.30%
Asset classequityfixed income
Regionnorth america
Strategyactive selectionindex tracking
CAGR 1Y+40.2%+6.8%
CAGR 3Y+21.6%N/A
CAGR 5Y+10.7%N/A
Sharpe 3Y0.93N/A
Volatility 1Y18.06%3.15%
Max drawdown-26.65%-3.21%

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

Similar to FFSM and FMUN