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FTCB vs FUMB

First Trust Core Investment Grade ETF vs First Trust Ultra Short Duration Municipal ETF

FTCB

First Trust Core Investment Grade ETF

First Trust

Annual cost

0.56%

Fund size

$2.4B

FUMB

First Trust Ultra Short Duration Municipal ETF

First Trust

Annual cost

0.29%

Fund size

$229M

Key differences

  • FUMB costs 0.27% less per year.
  • FTCB is significantly larger than FUMB — larger funds tend to be more liquid and less likely to close.
  • FTCB follows a active selection strategy; FUMB uses index tracking.
  • FUMB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FTCBFUMB
Annual cost (TER)0.56%0.29%
Fund size (AUM)$2.4B$229M
Since20232018
Dividend yield4.85%2.82%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+6.4%+2.7%
CAGR 3YN/A+3.0%
CAGR 5YN/A+1.9%
Sharpe 3YN/A-0.47
Volatility 1Y4.09%0.79%
Max drawdown-4.99%-2.68%

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

Similar to FTCB and FUMB