FMHI vs FMUB
First Trust Municipal High Income ETF against Fidelity Municipal Bond Opportunities ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
2%
19 shared positions
Fee gap
40 bp
FMUB is cheaper
1-year return gap
1.8 pts
FMUB is ahead
Larger fund
FMHI
$1.0B
Side by side
| FMHI | FMUB | |
|---|---|---|
| Fund | First Trust Municipal High Income ETF | Fidelity Municipal Bond Opportunities ETF |
| Issuer | First Trust | Fidelity |
| Category | High Yield Muni | High Yield Muni |
| Expense ratio | 0.70% | 0.30% |
| Assets | $1.0B | $305M |
| Average daily dollar volume | $17M | $7.1M |
| Listed | Nov 1, 2017 | Feb 16, 2023 |
| FrenzyCap score | 55 | 60 |
| 1-month return | −1.8% | −0.3% |
| 3-month return | −4.4% | −2.7% |
| Year to date | −5.3% | −3.5% |
| 1-year return | −5.9% | −4.1% |
| 30-day volatility | 8.2% | 6.5% |
| Worst drawdown, 1 year | −8.5% | −7.5% |
| Trailing 12-month yield | 4.63% | 3.68% |
| Holdings | 767 | 644 |
| Top 10 weight | 5.7% | 7.5% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$53M thru Jul 2026 | +$55M thru Jul 2026 |
| 30-day implied volatility | — | — |
| Holdings as of | as of Oct 20, 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
3% of FMHI · 3% of FMUB| Holding | FMHI | FMUB |
|---|---|---|
| BLACK BELT ENERGY GAS DIST AL 5%, due 12/01/2034 | 0.30% | 0.51% |
| SOUTH SALT LAKE UT REDEV AGY TAX INCR 6.25%, due 04/15/2046 | 0.27% | 0.24% |
| TENNESSEE ST ENERGY ACQUISITION CORP 5%, due 12/01/2035 | 0.25% | 0.15% |
| PINE VIEW PUBLIC INFRASTRUCTURE DIST 2 UT 6.25%, due 12/01/2055 | 0.14% | 0.31% |
| WASHINGTON ST HSG FIN COMMN NONPROFIT HSG 6%, due 01/01/2046 | 0.13% | 0.16% |
| UTAH CITY WEST PUBLIC INFRASTR DIST 1 UT 5.875%, due 12/01/2055 | 0.12% | 0.31% |
| MASSACHUSETTS ST DEV FIN AGY 6.50%, due 07/15/2060 | 0.14% | 0.12% |
| JACKSONVILLE FL AVIATION AUTH 5.50%, due 10/01/2050 | 0.25% | 0.11% |
| VILLAGE MET DIST CO 5.75%, due 12/01/2055 | 0.11% | 0.16% |
| ALEXANDRIA VA INDL DEV AUTH RSDL CARE FAC REV 6.50%, due 10/01/2046 | 0.09% | 0.30% |
| ALEXANDRIA VA INDL DEV AUTH RSDL CARE FAC REV 7%, due 10/01/2051 | 0.09% | 0.31% |
| TENNESSEE ST ENERGY ACQUISITION CORP Variable rate, due 05/01/2053 | 0.08% | 0.08% |
| MAIN STREET NATURAL GAS INC GA Variable rate, due 09/01/2052 | 0.17% | 0.07% |
| SOUTH CAROLINA ST JOBS-ECON DEV AUTH 5.75%, due 11/15/2054 | 0.09% | 0.06% |
| HOUSTON TX HGR EDU FIN CORP 5.125%, due 10/01/2051 | 0.06% | 0.21% |
| MINNESOTA ST AGRIC & ECON DEV BRD 5.25%, due 01/01/2054 | 0.10% | 0.03% |
| ENERGY S E AL A COOPERATIVE DIST 5%, due 11/01/2035 | 0.13% | 0.03% |
| MAIN STREET NATURAL GAS INC GA Variable rate, due 09/01/2053 | 0.37% | 0.02% |
| PUERTO RICO CMWLTH 4%, due 07/01/2033 | 0.28% | 0.00% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · FMHI holdings · FMUB 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.