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RFIX vs FMUN

Simplify Bond Bull ETF vs Fidelity Systematic Municipal Bond Index ETF

RFIX

Simplify Bond Bull ETF

Annual cost

0.50%

Fund size

$54M

FMUN

Fidelity Systematic Municipal Bond Index ETF

Annual cost

0.05%

Fund size

$181M

Key differences

Both RFIX and FMUN are fixed income ETFs. RFIX charges 0.50% a year and FMUN 0.05%. The main difference: RFIX follows a active selection strategy; FMUN uses index tracking.

  • RFIX follows a active selection strategy; FMUN uses index tracking.
  • FMUN costs 0.45% less per year.
  • FMUN is much larger than RFIX. 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

RFIXFMUN
Annual cost (TER)0.50%0.05%
Fund size (AUM)$54M$181M
Since20242019
Dividend yield4.63%3.30%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y-13.4%+7.3%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y29.99%3.14%
Max drawdown-38.79%-3.21%

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

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