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HIMU vs FMUB

iShares High Yield Muni Active ETF vs Fidelity Municipal Bond Opportunities ETF

HIMU

iShares High Yield Muni Active ETF

Annual cost

0.39%

Fund size

$2.3B

FMUB

Fidelity Municipal Bond Opportunities ETF

Annual cost

0.30%

Fund size

$212M

Key differences

Both HIMU and FMUB are fixed income ETFs. HIMU charges 0.39% a year and FMUB 0.30%. The main difference: HIMU follows a active selection strategy; FMUB uses index tracking.

  • HIMU follows a active selection strategy; FMUB uses index tracking.
  • FMUB costs 0.09% less per year.
  • HIMU is much larger than FMUB. 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

HIMUFMUB
Annual cost (TER)0.39%0.30%
Fund size (AUM)$2.3B$212M
Since20062023
Dividend yield5.14%3.25%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+6.8%+7.3%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y4.58%2.66%
Max drawdown-8.01%-2.49%

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

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