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GMUN vs FLMI

Goldman Sachs Access Municipal Bond ETF vs Franklin Dynamic Municipal Bond ETF

GMUN

Goldman Sachs Access Municipal Bond ETF

Goldman Sachs

Annual cost

0.08%

Fund size

$10M

FLMI

Franklin Dynamic Municipal Bond ETF

Franklin Templeton Investments

Annual cost

0.30%

Fund size

$2.0B

Key differences

  • GMUN costs 0.22% less per year.
  • FLMI is significantly larger than GMUN — larger funds tend to be more liquid and less likely to close.
  • GMUN follows a index tracking strategy; FLMI uses active selection.
  • Over the last 3 years, FLMI has delivered higher annualized returns.
  • FLMI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

GMUNFLMI
Annual cost (TER)0.08%0.30%
Fund size (AUM)$10M$2.0B
Since20232017
Dividend yield3.07%3.91%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+5.7%+7.0%
CAGR 3Y+2.9%+5.4%
CAGR 5YN/A+2.0%
Sharpe 3Y-0.220.40
Volatility 1Y2.31%3.11%
Max drawdown-4.35%-14.86%

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

Similar to GMUN and FLMI