Screener
OVM vs FMUB
Overlay Shares Municipal Bond ETF vs Fidelity Municipal Bond Opportunities ETF
Key differences
Both OVM and FMUB are fixed income ETFs. OVM charges 0.81% a year and FMUB 0.30%. The main difference: OVM follows a option income strategy; FMUB uses active selection.
- OVM follows a option income strategy; FMUB uses active selection.
- FMUB costs 0.51% less per year.
- FMUB is much larger than OVM. Larger funds are usually more liquid and less likely to close.
Side-by-side comparison
| OVM | FMUB | |
|---|---|---|
| Annual cost (TER) | 0.81% | 0.30% |
| Fund size (AUM) | $38M | $212M |
| Since | 2019 | 2023 |
| Dividend yield | 6.12% | 3.25% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | option income | active selection |
| CAGR 1Y | +10.9% | +7.1% |
| CAGR 3Y | +5.2% | N/A |
| CAGR 5Y | +1.5% | N/A |
| Sharpe 3Y | 0.30 | N/A |
| Volatility 1Y | 4.24% | 2.67% |
| Max drawdown | -15.58% | -2.49% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.