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NBTR vs FMUN

Neuberger Total Return Bond ETF vs Fidelity Systematic Municipal Bond Index ETF

NBTR

Neuberger Total Return Bond ETF

Annual cost

0.38%

Fund size

$55M

FMUN

Fidelity Systematic Municipal Bond Index ETF

Annual cost

0.05%

Fund size

$181M

Key differences

Both NBTR and FMUN are fixed income ETFs. NBTR charges 0.38% a year and FMUN 0.05%. The main difference: NBTR follows a active selection strategy; FMUN uses index tracking.

  • NBTR follows a active selection strategy; FMUN uses index tracking.
  • FMUN costs 0.33% less per year.
  • FMUN is much larger than NBTR. Larger funds are usually more liquid and less likely to close.
  • FMUN has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

NBTRFMUN
Annual cost (TER)0.38%0.05%
Fund size (AUM)$55M$181M
Since20242019
Dividend yield5.17%3.30%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+5.7%+7.3%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y3.51%3.14%
Max drawdown-2.58%-3.21%

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

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