FLMI vs JMUB
Franklin Dynamic Municipal Bond ETF against JPMorgan Municipal ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
2%
46 shared positions
Fee gap
12 bp
JMUB is cheaper
1-year return gap
0.2 pts
JMUB is ahead
Larger fund
JMUB
$8.7B
Side by side
| FLMI | JMUB | |
|---|---|---|
| Fund | Franklin Dynamic Municipal Bond ETF | JPMorgan Municipal ETF |
| Issuer | Franklin Templeton | JPMorgan |
| Category | National Muni | National Muni |
| Expense ratio | 0.30% | 0.18% |
| Assets | $2.3B | $8.7B |
| Average daily dollar volume | $50M | $176M |
| Listed | Aug 31, 2017 | Oct 29, 2018 |
| FrenzyCap score | 73 | 90 |
| 1-month return | −0.8% | −0.5% |
| 3-month return | −3.7% | −2.8% |
| Year to date | −4.8% | −4.5% |
| 1-year return | −5.1% | −4.9% |
| 30-day volatility | 7.1% | 6.1% |
| Worst drawdown, 1 year | −9.1% | −7.8% |
| Trailing 12-month yield | 4.19% | 3.55% |
| Holdings | 1,453 | 2,181 |
| Top 10 weight | 18.0% | 5.5% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$405M thru Jun 2026 | +$751M thru May 2026 |
| 30-day implied volatility | — | — |
| Holdings as of | as of Oct 20, 2026issuer data | as of Oct 21, 2026issuer data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
16% of FLMI · 3% of JMUB| Holding | FLMI | JMUB |
|---|---|---|
| KY PUB ENERGY AUTH 5 6/34, due Jun 1, 2034 | 2.88% | 0.41% |
| S E ENERGY AUTH- FRN 1/56, due Jan 1, 2056 | 1.62% | 0.25% |
| TX MUNI GAS ACQ VI 5 1/36, due Jan 1, 2036 | 1.32% | 0.22% |
| CO HLTH FACS AUT FRN 5/64, due May 15, 2064 | 0.32% | 0.17% |
| VANCOUVER HSG A 4.25 2/38, due Feb 1, 2038 | 0.12% | 0.10% |
| MAIN ST NAT GAS FRN 6/53, due Jun 1, 2053 | 0.11% | 0.06% |
| PROJECTNEW YORK T 5 10/40, due Oct 1, 2040 | 0.63% | 0.06% |
| S E ENERGY COOP FRN 11/53, due Nov 1, 2053 | 0.10% | 0.06% |
| ENERGY SOUTHEAST-A 5 4/34, due Apr 1, 2034 | 0.99% | 0.06% |
| STHRN UTE TRIBE-A 5 4/35, due Apr 1, 2035 | 0.06% | 0.17% |
| OH AIR QUALITY FRN 11/39, due Nov 1, 2039 | 0.15% | 0.06% |
| CHICAGO-B-REF-AM 5.5 1/48, due Jan 1, 2048 | 0.63% | 0.06% |
| KY PUB ENERGY AUTH 5 5/36, due May 1, 2036 | 1.01% | 0.06% |
| AR DEV FIN AUTH- FRN 9/46, due Sep 1, 2046 | 0.22% | 0.05% |
| SE ENERGY AUTH-A 5 11/35, due Nov 1, 2035 | 1.68% | 0.05% |
| BLACK BELT ENERGY 5 10/35, due Oct 1, 2035 | 2.07% | 0.05% |
| NYC HSG DEV CO 5.25 12/31, due Dec 15, 2031 | 0.04% | 0.08% |
| NFA 2026-1IMPACT A 11/43, due Nov 20, 2043 | 0.23% | 0.04% |
| NY TRANSPRTN DEV - 6 4/35, due Apr 1, 2035 | 0.09% | 0.04% |
| SUFFOLK REGL C 5.75 12/44, due Dec 1, 2044 | 0.09% | 0.03% |
| ILLINOIS ST-B 5.25 5/47, due May 1, 2047 | 0.14% | 0.03% |
| RESTRUCTURED-SER A 4 7/41, due Jul 1, 2041 | 0.03% | 0.08% |
| NY TRANSPRTN DEV 5.5 6/43, due Jun 30, 2043 | 0.04% | 0.03% |
| MAIN ST NAT GAS FRN 12/53, due Dec 1, 2053 | 0.06% | 0.03% |
| OR FACS AUTH-A-R FRN 8/34, due Aug 1, 2034 | 0.03% | 0.11% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · FLMI holdings · JMUB holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.