Skip to content
Screener

TAFI vs FMB

AB Tax-Aware Short Duration Municipal ETF vs First Trust Managed Municipal ETF

TAFI

AB Tax-Aware Short Duration Municipal ETF

Annual cost

0.27%

Fund size

$1.3B

FMB

First Trust Managed Municipal ETF

Annual cost

0.39%

Fund size

$2.0B

Key differences

Both TAFI and FMB are fixed income ETFs. TAFI charges 0.27% a year and FMB 0.39%. The main difference: TAFI follows a active selection strategy; FMB uses index tracking.

  • TAFI follows a active selection strategy; FMB uses index tracking.
  • TAFI costs 0.12% less per year.
  • FMB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

TAFIFMB
Annual cost (TER)0.27%0.39%
Fund size (AUM)$1.3B$2.0B
Since20222014
Dividend yield3.17%3.51%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+3.8%+6.9%
CAGR 3Y+3.7%+4.0%
CAGR 5YN/A+0.7%
Sharpe 3Y0.040.11
Volatility 1Y1.46%2.63%
Max drawdown-2.14%-14.16%

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

Similar to TAFI and FMB