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FORH vs APMU

Formidable ETF vs ActivePassive Intermediate Municipal Bond ETF

FORH

Formidable ETF

Formidable Funds

Annual cost

1.19%

Fund size

$20M

APMU

ActivePassive Intermediate Municipal Bond ETF

Active Passive Funds

Annual cost

0.35%

Fund size

$224M

Key differences

  • APMU costs 0.84% less per year.
  • APMU is significantly larger than FORH — larger funds tend to be more liquid and less likely to close.
  • FORH is classified as alternative, while APMU is fixed income — different risk/return profiles.
  • FORH follows a option income strategy; APMU uses active selection.
  • Over the last 3 years, FORH has delivered higher annualized returns.

Side-by-side comparison

FORHAPMU
Annual cost (TER)1.19%0.35%
Fund size (AUM)$20M$224M
Since20212023
Dividend yield1.73%2.64%
Asset classalternativefixed income
Regionnorth america
Strategyoption incomeactive selection
CAGR 1Y+13.1%+3.9%
CAGR 3Y+3.7%+2.5%
CAGR 5Y+1.7%N/A
Sharpe 3Y0.08-0.37
Volatility 1Y15.66%2.35%
Max drawdown-20.73%-4.39%

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

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