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FMB vs LMUB

First Trust Managed Municipal ETF vs iShares Long-Term National Muni Bd ETF

FMB

First Trust Managed Municipal ETF

Annual cost

0.39%

Fund size

$2.0B

LMUB

iShares Long-Term National Muni Bd ETF

Annual cost

0.09%

Fund size

$1.6B

Key differences

Both FMB and LMUB are fixed income ETFs. FMB charges 0.39% a year and LMUB 0.09%. The main difference: LMUB costs 0.30% less per year.

  • LMUB costs 0.30% less per year.
  • FMB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FMBLMUB
Annual cost (TER)0.39%0.09%
Fund size (AUM)$2.0B$1.6B
Since20142025
Dividend yield3.51%3.81%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+6.9%+9.3%
CAGR 3Y+4.0%N/A
CAGR 5Y+0.7%N/A
Sharpe 3Y0.11N/A
Volatility 1Y2.63%4.18%
Max drawdown-14.16%-5.51%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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