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FUMB vs GSY

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

FUMB

First Trust Ultra Short Duration Municipal ETF

Annual cost

0.29%

Fund size

$231M

GSY

Invesco Ultra Short Duration ETF

Annual cost

0.22%

Fund size

$3.5B

Key differences

Both FUMB and GSY are fixed income ETFs. FUMB charges 0.29% a year and GSY 0.22%. The main difference: FUMB follows a active selection strategy; GSY uses index tracking.

  • FUMB follows a active selection strategy; GSY uses index tracking.
  • GSY costs 0.07% less per year.
  • GSY is much larger than FUMB. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, GSY has delivered higher annualized returns.
  • GSY has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FUMBGSY
Annual cost (TER)0.29%0.22%
Fund size (AUM)$231M$3.5B
Since20182008
Dividend yield2.80%4.34%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+2.6%+4.5%
CAGR 3Y+3.0%+5.4%
CAGR 5Y+2.0%+3.6%
Sharpe 3Y-0.483.31
Volatility 1Y0.78%0.40%
Max drawdown-2.68%-5.25%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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