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HIMU vs FMUN

iShares High Yield Muni Active ETF vs Fidelity Systematic Municipal Bond Index ETF

HIMU

iShares High Yield Muni Active ETF

Annual cost

0.39%

Fund size

$2.3B

FMUN

Fidelity Systematic Municipal Bond Index ETF

Annual cost

0.05%

Fund size

$181M

Key differences

Both HIMU and FMUN are fixed income ETFs. HIMU charges 0.39% a year and FMUN 0.05%. The main difference: HIMU follows a active selection strategy; FMUN uses index tracking.

  • HIMU follows a active selection strategy; FMUN uses index tracking.
  • FMUN costs 0.34% less per year.
  • HIMU is much larger than FMUN. 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

HIMUFMUN
Annual cost (TER)0.39%0.05%
Fund size (AUM)$2.3B$181M
Since20062019
Dividend yield5.14%3.30%
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%3.11%
Max drawdown-8.01%-3.21%

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

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