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FMUN vs FBND

Fidelity Systematic Municipal Bond Index ETF vs Fidelity Total Bond ETF

FMUN

Fidelity Systematic Municipal Bond Index ETF

Fidelity Investments

Annual cost

0.05%

Fund size

$178M

FBND

Fidelity Total Bond ETF

Fidelity Investments

Annual cost

0.36%

Fund size

$25.6B

Key differences

  • FMUN costs 0.31% less per year.
  • FBND is significantly larger than FMUN — larger funds tend to be more liquid and less likely to close.
  • FMUN covers north america markets; FBND covers global.
  • FBND has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FMUNFBND
Annual cost (TER)0.05%0.36%
Fund size (AUM)$178M$25.6B
Since20192014
Dividend yield3.30%4.70%
Asset classfixed incomefixed income
Regionnorth americaglobal
Strategyindex trackingindex tracking
CAGR 1Y+6.2%+6.1%
CAGR 3YN/A+4.5%
CAGR 5YN/A+0.9%
Sharpe 3YN/A0.19
Volatility 1Y3.13%3.90%
Max drawdown-3.21%-17.25%

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

Similar to FMUN and FBND