Screener
TAXF vs FMUN
American Century Diversified Municipal Bond ETF vs Fidelity Systematic Municipal Bond Index ETF
Key differences
Both TAXF and FMUN are fixed income ETFs. TAXF charges 0.27% a year and FMUN 0.05%. The main difference: TAXF follows a active selection strategy; FMUN uses index tracking.
- TAXF follows a active selection strategy; FMUN uses index tracking.
- FMUN costs 0.22% less per year.
- TAXF is much larger than FMUN. Larger funds are usually more liquid and less likely to close.
Side-by-side comparison
| TAXF | FMUN | |
|---|---|---|
| Annual cost (TER) | 0.27% | 0.05% |
| Fund size (AUM) | $659M | $181M |
| Since | 2018 | 2019 |
| Dividend yield | 3.77% | 3.30% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | active selection | index tracking |
| CAGR 1Y | +7.9% | +7.3% |
| CAGR 3Y | +4.1% | N/A |
| CAGR 5Y | +1.1% | N/A |
| Sharpe 3Y | 0.14 | N/A |
| Volatility 1Y | 3.01% | 3.14% |
| Max drawdown | -13.94% | -3.21% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.