FMUN vs JMUB
Fidelity Systematic Municipal Bond Index ETF against JPMorgan Municipal ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
2%
52 shared positions
Fee gap
13 bp
FMUN is cheaper
1-year return gap
0.1 pts
FMUN is ahead
Larger fund
JMUB
$9.2B
Side by side
| FMUN | JMUB | |
|---|---|---|
| Fund | Fidelity Systematic Municipal Bond Index ETF | JPMorgan Municipal ETF |
| Issuer | Fidelity | JPMorgan |
| Category | National Muni | National Muni |
| Expense ratio | 0.05% | 0.18% |
| Assets | $189M | $9.2B |
| Average daily dollar volume | $1.5M | $194M |
| Listed | Jul 11, 2019 | Oct 29, 2018 |
| FrenzyCap score | 73 | 90 |
| 1-month return | +4.6% | +4.2% |
| 3-month return | −1.2% | −0.8% |
| Year to date | −2.2% | −2.2% |
| 1-year return | −2.2% | −2.3% |
| 30-day volatility | 7.7% | 5.5% |
| Worst drawdown, 1 year | −9.2% | −7.8% |
| Trailing 12-month yield | 3.36% | 3.79% |
| Holdings | 1,235 | 2,215 |
| Top 10 weight | 5.1% | 5.4% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$2.0M thru Jun 2026 | +$1.1B thru Aug 2026 |
| 30-day implied volatility | — | — |
| Holdings as of | as of Nov 5, 2026issuer data | as of Nov 6, 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
6% of FMUN · 3% of JMUB| Holding | FMUN | JMUB |
|---|---|---|
| SOUTHEAST EN AL 5% MT, due Jan 1, 2056 | 0.17% | 0.24% |
| NC HSG FIN AGY 6.25% 01/01/56, due Jan 1, 2056 | 0.15% | 0.16% |
| ID HLTH REV 03/01/60 MT, due Mar 1, 2060 | 0.11% | 0.12% |
| CARROL KY ENVIR 2% 02/01/32, due Feb 1, 2032 | 0.17% | 0.11% |
| TEXAS MUNICIPA 5% 01/01/36, due Jan 1, 2036 | 0.10% | 0.21% |
| TX PABSTC 5% 06/30/58@, due Jun 30, 2058 | 0.08% | 0.14% |
| BLACK BELT ENE 5% MT, due Mar 1, 2055 | 0.08% | 0.46% |
| TRIBE_NY 0% 11/15/32, due Nov 15, 2032 | 0.13% | 0.08% |
| TENN ENERGY ACQ 5% 11/01/34, due Nov 1, 2034 | 0.20% | 0.07% |
| NYC WTR 5% 06/15/51, due Jun 15, 2051 | 0.14% | 0.07% |
| PUBLIC FA WI 5.75% 12/31/65 @, due Dec 31, 2065 | 0.30% | 0.07% |
| PENNSYLVAN EN/AGM 5% 12/31/57@, due Dec 31, 2057 | 0.14% | 0.06% |
| TEXAS GAS IV 5.5% MT, due Jan 1, 2054 | 0.14% | 0.06% |
| LCRA TX 5% 05/15/51, due May 15, 2051 | 0.08% | 0.05% |
| NY TRANS C/AGM 5.25% 12/31/54@, due Dec 31, 2054 | 0.13% | 0.05% |
| BROOKHAVEN GA D 4% 07/01/49, due Jul 1, 2049 | 0.05% | 0.10% |
| CALIFORNIA CMY 5% MT, due May 1, 2054 | 0.15% | 0.04% |
| NC ST GARVEE 5% 03/01/33, due Mar 1, 2033 | 0.04% | 0.17% |
| COLORADO HEALTH 4% 05/15/52, due May 15, 2052 | 0.09% | 0.04% |
| COLUMBUS OH APT 5% 01/01/38, due Jan 1, 2038 | 0.14% | 0.04% |
| PHILADELPHIA P 5% 09/01/42, due Sep 1, 2042 | 0.23% | 0.04% |
| NEW YORK ST DO 5% 03/15/51, due Mar 15, 2051 | 0.11% | 0.04% |
| MAIN STR NAT GA 5% MT, due May 1, 2054 | 0.39% | 0.03% |
| NJ TRANSP 5% 06/15/44, due Jun 15, 2044 | 0.11% | 0.03% |
| SALT RIVER AZ 5% 01/01/33, due Jan 1, 2033 | 0.07% | 0.03% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · FMUN 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.