FMB vs JMUB
First Trust Managed Municipal ETF against JPMorgan Municipal ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
3%
71 shared positions
Fee gap
21 bp
JMUB is cheaper
1-year return gap
0.2 pts
JMUB is ahead
Larger fund
JMUB
$8.7B
Side by side
| FMB | JMUB | |
|---|---|---|
| Fund | First Trust Managed Municipal ETF | JPMorgan Municipal ETF |
| Issuer | First Trust | JPMorgan |
| Category | National Muni | National Muni |
| Expense ratio | 0.39% | 0.18% |
| Assets | $1.9B | $8.7B |
| Average daily dollar volume | $30M | $171M |
| Listed | May 13, 2014 | Oct 29, 2018 |
| FrenzyCap score | 63 | 90 |
| 1-month return | −0.8% | −0.6% |
| 3-month return | −3.9% | −3.4% |
| Year to date | −4.9% | −4.5% |
| 1-year return | −5.1% | −4.9% |
| 30-day volatility | 6.8% | 6.3% |
| Worst drawdown, 1 year | −8.6% | −7.8% |
| Trailing 12-month yield | 3.80% | 3.80% |
| Holdings | 1,252 | 2,178 |
| Top 10 weight | 5.2% | 5.5% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$69M thru Jul 2026 | +$751M thru May 2026 |
| 30-day implied volatility | — | — |
| Holdings as of | as of Oct 19, 2026issuer data | as of Oct 20, 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
8% of FMB · 5% of JMUB| Holding | FMB | JMUB |
|---|---|---|
| CALIFORNIA CMNTY CHOICE FING AUTH 5%, due 06/01/2036 | 0.20% | 0.22% |
| PUERTO RICO SALES TAX FING CORP 4.329%, due 07/01/2040 | 0.17% | 0.54% |
| MAIN STREET NATURAL GAS INC GA Variable rate, due 07/01/2053 | 0.15% | 0.17% |
| COLORADO ST HLTH FACS AUTH REV 5%, due 08/01/2044 | 0.39% | 0.14% |
| BLACK BELT ENERGY GAS DIST AL 5%, due 12/01/2034 | 0.13% | 0.60% |
| PEFA INC IA GAS PROJ REVENUE 5%, due 04/01/2035 | 0.50% | 0.12% |
| CALIFORNIA CMNTY CHOICE FING AUTH Variable rate, due 02/01/2052 | 0.12% | 0.30% |
| MAIN STREET NATURAL GAS INC GA Variable rate, due 04/01/2054 | 0.11% | 0.18% |
| TENNESSEE ST ENERGY ACQUISITION CORP Variable rate, due 05/01/2053 | 0.11% | 0.18% |
| PHILADELPHIA PA REDEV AUTH 5%, due 11/01/2042 | 0.17% | 0.10% |
| CHANDLER AZ INDL DEV AUTH INDL DEV REV Variable rate, due 09/01/2052 | 0.10% | 0.22% |
| TENNESSEE ST ENERGY ACQUISITION CORP 5%, due 12/01/2035 | 0.13% | 0.10% |
| JEFFERSON CNTY AL SWR REVENUE 5.25%, due 10/01/2042 | 0.16% | 0.10% |
| CALIFORNIA CMNTY CHOICE FING AUTH 5%, due 07/01/2035 | 0.08% | 0.16% |
| CENTRL PLAINS ENERGY PROJ NE Variable rate, due 08/01/2055 | 0.08% | 0.26% |
| BUCKEYE OH TOBACCO SETTLEMENT FING AUTH 5%, due 06/01/2055 | 0.07% | 0.55% |
| SOUTHEAST ENERGY AUTH AL COMMODITY SPLY Variable rate, due 01/01/2054 | 0.24% | 0.07% |
| MASSACHUSETTS ST DEV FIN AGY REV Variable rate, due 11/01/2055 | 0.14% | 0.06% |
| NEW YORK ST DORM AUTH REVENUES Variable rate, due 07/01/2049 | 0.06% | 0.06% |
| ENERGY S E AL A COOPERATIVE DIST Variable rate, due 11/01/2053 | 0.47% | 0.06% |
| TEXAS ST MUNI GAS ACQUISITION & SPLY CORP IV Variable rate, due 01/01/2054 | 0.21% | 0.06% |
| ARKANSAS DEV FIN AUTH ENVIRONMENTAL REV Variable rate, due 09/01/2046 | 0.10% | 0.05% |
| DOUGLAS CNTY NE SCH DIST #1 4%, due 12/15/2041 | 0.15% | 0.05% |
| NATIONAL FIN AUTH NH REVENUE 5.25%, due 02/01/2037 | 0.05% | 0.05% |
| OHIO ST AIR QUALITY DEV AUTH Variable rate, due 11/01/2039 | 0.05% | 0.06% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · FMB 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.