FMHI vs HYMB
First Trust Municipal High Income ETF against State Street SPDR Nuveen ICE High Yield Municipal Bond ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
9%
161 shared positions
Fee gap
35 bp
HYMB is cheaper
1-year return gap
0.6 pts
FMHI is ahead
Larger fund
HYMB
$3.8B
Side by side
| FMHI | HYMB | |
|---|---|---|
| Fund | First Trust Municipal High Income ETF | State Street SPDR Nuveen ICE High Yield Municipal Bond ETF |
| Issuer | First Trust | State Street SPDR |
| Category | High Yield Muni | High Yield Muni |
| Expense ratio | 0.70% | 0.35% |
| Assets | $1.0B | $3.8B |
| Average daily dollar volume | $17M | $160M |
| Listed | Nov 1, 2017 | Apr 13, 2011 |
| FrenzyCap score | 55 | 75 |
| 1-month return | −1.8% | −2.4% |
| 3-month return | −4.4% | −5.1% |
| Year to date | −5.3% | −5.5% |
| 1-year return | −5.9% | −6.5% |
| 30-day volatility | 8.2% | 8.0% |
| Worst drawdown, 1 year | −8.5% | −9.0% |
| Trailing 12-month yield | 4.63% | 4.86% |
| Holdings | 767 | 2,112 |
| Top 10 weight | 5.7% | 7.8% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$53M thru Jul 2026 | +$196M thru Jun 2026 |
| 30-day implied volatility | — | 10.1% |
| 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
26% of FMHI · 12% of HYMB| Holding | FMHI | HYMB |
|---|---|---|
| PUERTO RICO CMWLTH 4%, due 07/01/2041 | 0.38% | 0.46% |
| BUCKEYE OH TOBACCO SETTLEMENT FING AUTH 5%, due 06/01/2055 | 0.30% | 1.09% |
| PUB FIN AUTH WI TAX INCREMENT REV 5%, due 06/01/2041 | 0.38% | 0.22% |
| PUERTO RICO CMWLTH 4%, due 07/01/2035 | 0.29% | 0.21% |
| PUERTO RICO SALES TAX FING CORP 4.329%, due 07/01/2040 | 0.55% | 0.19% |
| ARKANSAS DEV FIN AUTH ENVIRONMENTAL REV 5.45%, due 09/01/2052 | 0.38% | 0.16% |
| ARKANSAS ST DEV FIN AUTH INDL DEV REV 7%, due 07/01/2048 | 0.21% | 0.15% |
| HOUSTON TX ARPT SYS REVENUE 5.50%, due 07/15/2037 | 0.15% | 0.18% |
| BLACK DESERT PUB INFRASTRUCTURE DIST UT 5.625%, due 12/01/2053 | 0.19% | 0.14% |
| HENDERSON KY EXEMPT FACS REV 4.70%, due 01/01/2052 | 0.17% | 0.14% |
| VERK INDL REGL PUBLIC INFRASTRCTURE DIST UT 6.625%, due 09/01/2047 | 0.15% | 0.14% |
| PUERTO RICO CMWLTH 4%, due 07/01/2033 | 0.28% | 0.13% |
| POWHATAN CNTY VA ECON DEV AUTH 6.125%, due 09/01/2060 | 0.23% | 0.13% |
| BALDWIN CNTY AL INDL DEV AUTH Variable rate, due 03/01/2056 | 0.19% | 0.13% |
| NORTH CAROLINA ST MED CARE COMMN 5.25%, due 11/01/2046 | 0.21% | 0.12% |
| TULSA OK MUNI ARPT TRUST TTEES N/C, 6.25%, due 12/01/2035 | 0.19% | 0.12% |
| NATIONAL FIN AUTH NH SPL REVENUE 0%, due 12/15/2041 | 0.12% | 0.19% |
| MISSION TX ECON DEV CORP REVENUE Variable rate, due 08/01/2046 | 0.31% | 0.11% |
| CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REV 4%, due 07/01/2056 | 0.11% | 0.11% |
| PORT OF GTR CINCINNATI DEV AUTH OH 5.125%, due 12/01/2055 | 0.27% | 0.10% |
| MASSACHUSETTS ST DEV FIN AGY 6.50%, due 07/15/2060 | 0.14% | 0.10% |
| RESORT CORE PUBLIC INFRASTRUCTURE DIST 1 UT 5.875%, due 03/01/2057 | 0.14% | 0.10% |
| ARKANSAS DEV FIN AUTH ENVIRONMENTAL REV 5.70%, due 05/01/2053 | 0.10% | 0.13% |
| CALIFORNIA ST MUNI FIN AUTH SPL FAC REV N/C, 4%, due 07/15/2029 | 0.10% | 0.13% |
| FLORIDA ST DEV FIN CORP SOL WST DISP REV Variable rate, due 10/01/2054 | 0.10% | 0.20% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · FMHI holdings · HYMB 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.