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FUMB vs FMB

First Trust Ultra Short Duration Municipal ETF vs First Trust Managed Municipal ETF

FUMB

First Trust Ultra Short Duration Municipal ETF

First Trust

Annual cost

0.29%

Fund size

$229M

FMB

First Trust Managed Municipal ETF

First Trust

Annual cost

0.39%

Fund size

$2.0B

Key differences

  • FUMB costs 0.10% less per year.
  • FMB is significantly larger than FUMB — larger funds tend to be more liquid and less likely to close.

Side-by-side comparison

FUMBFMB
Annual cost (TER)0.29%0.39%
Fund size (AUM)$229M$2.0B
Since20182014
Dividend yield2.82%3.48%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+2.7%+6.0%
CAGR 3Y+3.0%+3.4%
CAGR 5Y+1.9%+0.6%
Sharpe 3Y-0.47-0.03
Volatility 1Y0.79%2.67%
Max drawdown-2.68%-14.16%

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

Similar to FUMB and FMB