Screener
FMB vs TAFM
First Trust Managed Municipal ETF vs AB Tax-Aware Intermediate Municipal ETF
Key differences
Both FMB and TAFM are fixed income ETFs. FMB charges 0.39% a year and TAFM 0.28%. The main difference: FMB follows a index tracking strategy; TAFM uses active selection.
- FMB follows a index tracking strategy; TAFM uses active selection.
- TAFM costs 0.11% less per year.
- FMB is much larger than TAFM. Larger funds are usually more liquid and less likely to close.
- FMB has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| FMB | TAFM | |
|---|---|---|
| Annual cost (TER) | 0.39% | 0.28% |
| Fund size (AUM) | $2.0B | $612M |
| Since | 2014 | 2023 |
| Dividend yield | 3.51% | 3.67% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | index tracking | active selection |
| CAGR 1Y | +6.9% | +7.4% |
| CAGR 3Y | +4.0% | N/A |
| CAGR 5Y | +0.7% | N/A |
| Sharpe 3Y | 0.11 | N/A |
| Volatility 1Y | 2.63% | 3.13% |
| Max drawdown | -14.16% | -4.74% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.