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FMUN vs SCMB

Fidelity Systematic Municipal Bond Index ETF vs Schwab Municipal Bond ETF

FMUN

Fidelity Systematic Municipal Bond Index ETF

Fidelity Investments

Annual cost

0.05%

Fund size

$178M

SCMB

Schwab Municipal Bond ETF

Schwab ETFs

Annual cost

0.03%

Fund size

$3.7B

Key differences

  • SCMB is significantly larger than FMUN — larger funds tend to be more liquid and less likely to close.

Side-by-side comparison

FMUNSCMB
Annual cost (TER)0.05%0.03%
Fund size (AUM)$178M$3.7B
Since20192022
Dividend yield3.30%3.41%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+6.2%+5.7%
CAGR 3YN/A+2.8%
CAGR 5YN/AN/A
Sharpe 3YN/A-0.17
Volatility 1Y3.13%2.92%
Max drawdown-3.21%-6.13%

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

Similar to FMUN and SCMB