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FMNY vs FUMB

First Trust New York High Income Municipal ETF vs First Trust Ultra Short Duration Municipal ETF

FMNY

First Trust New York High Income Municipal ETF

First Trust

Annual cost

0.49%

Fund size

$37M

FUMB

First Trust Ultra Short Duration Municipal ETF

First Trust

Annual cost

0.29%

Fund size

$229M

Key differences

  • FUMB costs 0.20% less per year.
  • FUMB is significantly larger than FMNY — larger funds tend to be more liquid and less likely to close.

Side-by-side comparison

FMNYFUMB
Annual cost (TER)0.49%0.29%
Fund size (AUM)$37M$229M
Since20212018
Dividend yield3.68%2.82%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+6.6%+2.7%
CAGR 3Y+3.4%+3.0%
CAGR 5Y+0.5%+1.9%
Sharpe 3Y-0.01-0.47
Volatility 1Y3.29%0.79%
Max drawdown-15.90%-2.68%

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

Similar to FMNY and FUMB