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FUMB vs HIMU

First Trust Ultra Short Duration Municipal ETF vs iShares High Yield Muni Active ETF

FUMB

First Trust Ultra Short Duration Municipal ETF

Annual cost

0.29%

Fund size

$231M

HIMU

iShares High Yield Muni Active ETF

Annual cost

0.39%

Fund size

$2.3B

Key differences

Both FUMB and HIMU are fixed income ETFs. FUMB charges 0.29% a year and HIMU 0.39%. The main difference: FUMB costs 0.10% less per year.

  • FUMB costs 0.10% less per year.
  • HIMU is much larger than FUMB. Larger funds are usually more liquid and less likely to close.
  • HIMU has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FUMBHIMU
Annual cost (TER)0.29%0.39%
Fund size (AUM)$231M$2.3B
Since20182006
Dividend yield2.80%5.14%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionactive selection
CAGR 1Y+2.7%+7.2%
CAGR 3Y+3.0%N/A
CAGR 5Y+2.0%N/A
Sharpe 3Y-0.46N/A
Volatility 1Y0.78%4.45%
Max drawdown-2.68%-8.01%

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

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