Screener
TAXF vs FMB
American Century Diversified Municipal Bond ETF vs First Trust Managed Municipal ETF
Key differences
Both TAXF and FMB are fixed income ETFs. TAXF charges 0.27% a year and FMB 0.39%. The main difference: TAXF follows a active selection strategy; FMB uses index tracking.
- TAXF follows a active selection strategy; FMB uses index tracking.
- TAXF costs 0.12% less per year.
- FMB is much larger than TAXF. Larger funds are usually more liquid and less likely to close.
Side-by-side comparison
| TAXF | FMB | |
|---|---|---|
| Annual cost (TER) | 0.27% | 0.39% |
| Fund size (AUM) | $659M | $2.0B |
| Since | 2018 | 2014 |
| Dividend yield | 3.77% | 3.51% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | active selection | index tracking |
| CAGR 1Y | +7.9% | +6.9% |
| CAGR 3Y | +4.1% | +4.0% |
| CAGR 5Y | +1.1% | +0.7% |
| Sharpe 3Y | 0.14 | 0.11 |
| Volatility 1Y | 3.01% | 2.63% |
| Max drawdown | -13.94% | -14.16% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.