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FMB vs FUMB

First Trust Managed Municipal ETF vs First Trust Ultra Short Duration Municipal ETF

FMB

First Trust Managed Municipal ETF

First Trust

Annual cost

0.39%

Fund size

$2.0B

FUMB

First Trust Ultra Short Duration Municipal ETF

First Trust

Annual cost

0.29%

Fund size

$229M

Key differences

  • FUMB costs 0.10% less per year.
  • FMB is significantly larger than FUMB — larger funds tend to be more liquid and less likely to close.

Side-by-side comparison

FMBFUMB
Annual cost (TER)0.39%0.29%
Fund size (AUM)$2.0B$229M
Since20142018
Dividend yield3.48%2.82%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+6.0%+2.7%
CAGR 3Y+3.4%+3.0%
CAGR 5Y+0.6%+1.9%
Sharpe 3Y-0.03-0.47
Volatility 1Y2.67%0.79%
Max drawdown-14.16%-2.68%

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

Similar to FMB and FUMB