Franklin Liberty Federal Tax-Free Bond ETF (FLMB) Alternatives
Franklin Liberty Federal Tax-Free Bond ETF (FLMB) belongs to the Municipal Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FLMB. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to FLMB
FLMB charges 0.30% annually. Among ETFs in the Municipal Bonds category, these options have the lowest expense ratios among FLMB alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Schwab Municipal Bond ETF | 0.03% | Oct 11, 2022 | FLMB vs SCMB | |
| Fidelity Systematic Municipal Bond Index ETF | 0.05% | Jul 11, 2019 | FLMB vs FMUN | |
| Vanguard Tax-Exempt Bond ETF | 0.05% | Aug 21, 2015 | FLMB vs VTEB | |
| Xtrackers California Municipal Bond ETF | 0.07% | Dec 13, 2023 | FLMB vs CA | |
| iShares National AMT-Free Muni Bond ETF | 0.07% | Sep 7, 2007 | FLMB vs MUB |
Best Risk-Adjusted Alternatives to FLMB
Among ETFs in the Municipal Bonds category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Goldman Sachs Ultra Short Municipal Income ETF | 98 | Jul 23, 2024 | FLMB vs GUMI | |
| First Trust Ultra Short Duration Municipal ETF | 97 | Nov 1, 2018 | FLMB vs FUMB | |
| iShares Short Maturity Municipal Bond ETF | 97 | Mar 3, 2015 | FLMB vs MEAR | |
| PGIM Ultra Short Municipal Bond ETF | 95 | Jun 24, 2024 | FLMB vs PUSH | |
| iShares Short-Term California Muni Active ETF | 95 | Oct 4, 2007 | FLMB vs CALI |
Top Performing FLMB Alternatives (YTD)
FLMB alternatives from the Municipal Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Overlay Shares Municipal Bond ETF | 1.20% | Sep 30, 2019 | FLMB vs OVM | |
| Xtrackers Municipal Infrastructure Revenue Bond ET... | 1.00% | Jun 4, 2013 | FLMB vs RVNU | |
| X-Square Municipal Income Tax Free ETF | 0.90% | May 18, 2023 | FLMB vs ZTAX | |
| Goldman Sachs Ultra Short Municipal Income ETF | 0.72% | Jul 23, 2024 | FLMB vs GUMI | |
| First Trust Ultra Short Duration Municipal ETF | 0.64% | Nov 1, 2018 | FLMB vs FUMB |
Lowest Volatility Alternatives to FLMB
FLMB alternatives from the Municipal Bonds category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| iShares iBonds Dec 2024 Term Muni Bond ETF | 0.00% | Mar 20, 2018 | FLMB vs IBMM | |
| First Trust Ultra Short Duration Municipal ETF | 1.03% | Nov 1, 2018 | FLMB vs FUMB | |
| iShares Short-Term California Muni Active ETF | 1.09% | Oct 4, 2007 | FLMB vs CALI | |
| abrdn Ultra Short Municipal Income Active ETF | 1.12% | Oct 20, 2025 | FLMB vs AMUN | |
| Goldman Sachs Ultra Short Municipal Income ETF | 1.15% | Jul 23, 2024 | FLMB vs GUMI |
Lowest Drawdown Alternatives to FLMB
FLMB alternatives from the Municipal Bonds category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Goldman Sachs Ultra Short Municipal Income ETF | -0.48% | Jul 23, 2024 | FLMB vs GUMI | |
| First Trust Ultra Short Duration Municipal ETF | -0.60% | Nov 1, 2018 | FLMB vs FUMB | |
| iShares Short-Term California Muni Active ETF | -0.78% | Oct 4, 2007 | FLMB vs CALI | |
| PGIM Ultra Short Municipal Bond ETF | -0.85% | Jun 24, 2024 | FLMB vs PUSH | |
| iShares Short Maturity Municipal Bond ETF | -0.86% | Mar 3, 2015 | FLMB vs MEAR |
Other ETFs from Franklin Templeton
Most popular Franklin Templeton ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Legg Mason International Low Volatility High Divid... | Volatility Hedged Equity, Dividend | 95 | 10.54% | Jul 27, 2016 | FLMB vs LVHI | |
| Franklin FTSE India ETF | Asia Pacific Equities | 3 | -13.92% | Feb 6, 2018 | FLMB vs FLIN | |
| Legg Mason Low Volatility High Dividend ETF | Volatility Hedged Equity, Dividend | 37 | 6.93% | Dec 29, 2015 | FLMB vs LVHD | |
| Franklin International Core Dividend Tilt Index ET... | Foreign Large Cap Equities | 84 | 2.64% | Jun 1, 2016 | FLMB vs DIVI | |
| Franklin FTSE South Korea ETF | Asia Pacific Equities | 98 | 24.40% | Nov 2, 2017 | FLMB vs FLKR | |
| Franklin FTSE Japan ETF | Japan Equities | 79 | 5.02% | Nov 2, 2017 | FLMB vs FLJP | |
| Franklin Responsibly Sourced Gold ETF | Precious Metals | 85 | 7.93% | Jun 30, 2022 | FLMB vs FGDL | |
| Franklin Bitcoin ETF | Cryptocurrency | 6 | -22.55% | Jan 11, 2024 | FLMB vs EZBC | |
| Franklin FTSE China ETF | China Equities | 22 | -5.92% | Nov 2, 2017 | FLMB vs FLCH | |
| Franklin FTSE Japan Hedged ETF | Japan Equities | 86 | 6.40% | Nov 2, 2017 | FLMB vs FLJH |
Often Compared With FLMB
What investors most often compare with FLMB, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Yieldmax PYPL Option Income Strategy ETF | Derivative Income | 1 | -21.00% | Sep 25, 2023 | FLMB vs PYPY | |
| Invesco High Yield Municipal Fund | High Yield Muni | 23 | -0.69% | Jan 1, 1986 | FLMB vs ACTHX | |
| iShares 0-3 Month Treasury Bond ETF | Ultrashort Bond | 100 | 0.86% | May 26, 2020 | FLMB vs SGOV |
Compare FLMB with Any Fund or Stock
Compare FLMB with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.