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ZMUN vs FMUN

F/m Ultrashort Tax Free Municipal ETF vs Fidelity Systematic Municipal Bond Index ETF

ZMUN

F/m Ultrashort Tax Free Municipal ETF

Annual cost

0.30%

Fund size

$27M

FMUN

Fidelity Systematic Municipal Bond Index ETF

Annual cost

0.05%

Fund size

$181M

Key differences

Both ZMUN and FMUN are fixed income ETFs. ZMUN charges 0.30% a year and FMUN 0.05%. The main difference: FMUN costs 0.25% less per year.

  • FMUN costs 0.25% less per year.
  • FMUN is much larger than ZMUN. 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

ZMUNFMUN
Annual cost (TER)0.30%0.05%
Fund size (AUM)$27M$181M
Since20252019
Dividend yield3.30%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1YN/A+7.3%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y3.11%
Max drawdown-0.09%-3.21%

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

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