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FMB vs SUB

First Trust Managed Municipal ETF vs iShares Short-Term National Muni Bond ETF

FMB

First Trust Managed Municipal ETF

Annual cost

0.39%

Fund size

$2.0B

SUB

iShares Short-Term National Muni Bond ETF

Annual cost

0.07%

Fund size

$11.3B

Key differences

Both FMB and SUB are fixed income ETFs. FMB charges 0.39% a year and SUB 0.07%. The main difference: SUB costs 0.32% less per year.

  • SUB costs 0.32% less per year.
  • SUB is much larger than FMB. Larger funds are usually more liquid and less likely to close.
  • SUB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FMBSUB
Annual cost (TER)0.39%0.07%
Fund size (AUM)$2.0B$11.3B
Since20142008
Dividend yield3.51%2.51%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+6.9%+3.0%
CAGR 3Y+4.0%+3.2%
CAGR 5Y+0.7%+1.5%
Sharpe 3Y0.11-0.30
Volatility 1Y2.63%1.00%
Max drawdown-14.16%-9.46%

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

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