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RFFC vs APMU

ALPS Active Equity Opportunity ETF vs ActivePassive Intermediate Municipal Bond ETF

RFFC

ALPS Active Equity Opportunity ETF

ALPS

Annual cost

0.48%

Fund size

$29M

APMU

ActivePassive Intermediate Municipal Bond ETF

Active Passive Funds

Annual cost

0.35%

Fund size

$224M

Key differences

  • APMU costs 0.13% less per year.
  • APMU is significantly larger than RFFC — larger funds tend to be more liquid and less likely to close.
  • RFFC is classified as equity, while APMU is fixed income — different risk/return profiles.
  • Over the last 3 years, RFFC has delivered higher annualized returns.
  • RFFC has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

RFFCAPMU
Annual cost (TER)0.48%0.35%
Fund size (AUM)$29M$224M
Since20162023
Dividend yield0.74%2.64%
Asset classequityfixed income
Regionnorth americanorth america
Strategyactive selectionactive selection
CAGR 1Y+29.1%+3.9%
CAGR 3Y+21.9%+2.5%
CAGR 5Y+12.6%N/A
Sharpe 3Y1.24-0.37
Volatility 1Y12.11%2.35%
Max drawdown-36.26%-4.39%

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

Similar to RFFC and APMU