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FTBI vs FMB

First Trust Balanced Income ETF vs First Trust Managed Municipal ETF

FTBI

First Trust Balanced Income ETF

First Trust

Annual cost

0.97%

Fund size

$20M

FMB

First Trust Managed Municipal ETF

First Trust

Annual cost

0.39%

Fund size

$2.0B

Key differences

  • FMB costs 0.58% less per year.
  • FMB is significantly larger than FTBI — larger funds tend to be more liquid and less likely to close.
  • FTBI is classified as mixed asset, while FMB is fixed income — different risk/return profiles.
  • FMB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FTBIFMB
Annual cost (TER)0.97%0.39%
Fund size (AUM)$20M$2.0B
Since20252014
Dividend yield3.48%
Asset classmixed assetfixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1YN/A+6.0%
CAGR 3YN/A+3.4%
CAGR 5YN/A+0.6%
Sharpe 3YN/A-0.03
Volatility 1Y2.67%
Max drawdown-5.34%-14.16%

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

Similar to FTBI and FMB