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FXED vs FMUN

Sound Enhanced Fixed Income ETF vs Fidelity Systematic Municipal Bond Index ETF

FXED

Sound Enhanced Fixed Income ETF

Annual cost

1.89%

Fund size

$40M

FMUN

Fidelity Systematic Municipal Bond Index ETF

Annual cost

0.05%

Fund size

$181M

Key differences

Both FXED and FMUN are fixed income ETFs. FXED charges 1.89% a year and FMUN 0.05%. The main difference: FXED follows a active selection strategy; FMUN uses index tracking.

  • FXED follows a active selection strategy; FMUN uses index tracking.
  • FMUN costs 1.84% less per year.
  • FMUN is much larger than FXED. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

FXEDFMUN
Annual cost (TER)1.89%0.05%
Fund size (AUM)$40M$181M
Since20202019
Dividend yield7.10%3.30%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+4.5%+7.3%
CAGR 3Y+6.6%N/A
CAGR 5Y+2.3%N/A
Sharpe 3Y0.38N/A
Volatility 1Y6.85%3.14%
Max drawdown-20.07%-3.21%

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

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