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MNBD vs FLTB

ALPS Intermediate Municipal Bond ETF vs Fidelity Limited Term Bond ETF

MNBD

ALPS Intermediate Municipal Bond ETF

ALPS

Annual cost

0.44%

Fund size

$55M

FLTB

Fidelity Limited Term Bond ETF

Fidelity Investments

Annual cost

0.25%

Fund size

$389M

Key differences

  • FLTB costs 0.19% less per year.
  • FLTB is significantly larger than MNBD — larger funds tend to be more liquid and less likely to close.
  • MNBD follows a active selection strategy; FLTB uses index tracking.
  • Over the last 3 years, FLTB has delivered higher annualized returns.
  • FLTB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MNBDFLTB
Annual cost (TER)0.44%0.25%
Fund size (AUM)$55M$389M
Since20222014
Dividend yield3.33%4.36%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+5.8%+4.7%
CAGR 3Y+4.0%+5.3%
CAGR 5YN/A+2.2%
Sharpe 3Y0.130.67
Volatility 1Y2.47%2.14%
Max drawdown-5.89%-9.37%

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

Similar to MNBD and FLTB