Franklin Liberty Federal Intermediate Tax-Free Bond Opportunities ETF (FLMI) Alternatives
Franklin Liberty Federal Intermediate Tax-Free Bond Opportunities ETF (FLMI) 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 FLMI. 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 FLMI
FLMI charges 0.30% annually. Among ETFs in the Municipal Bonds category, these options have the lowest expense ratios among FLMI alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Schwab Municipal Bond ETF | 0.03% | Oct 11, 2022 | FLMI vs SCMB | |
| Fidelity Systematic Municipal Bond Index ETF | 0.05% | Jul 11, 2019 | FLMI vs FMUN | |
| Vanguard Tax-Exempt Bond ETF | 0.05% | Aug 21, 2015 | FLMI vs VTEB | |
| Vanguard Short-Term Tax-Exempt Bond ETF Shares | 0.07% | Mar 8, 2023 | FLMI vs VTES | |
| Xtrackers California Municipal Bond ETF | 0.07% | Dec 13, 2023 | FLMI vs CA |
Best Risk-Adjusted Alternatives to FLMI
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 | FLMI vs GUMI | |
| First Trust Ultra Short Duration Municipal ETF | 97 | Nov 1, 2018 | FLMI vs FUMB | |
| iShares Short Maturity Municipal Bond ETF | 97 | Mar 3, 2015 | FLMI vs MEAR | |
| PGIM Ultra Short Municipal Bond ETF | 95 | Jun 24, 2024 | FLMI vs PUSH | |
| iShares Short-Term California Muni Active ETF | 95 | Oct 4, 2007 | FLMI vs CALI |
Top Performing FLMI Alternatives (YTD)
FLMI 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 | FLMI vs OVM | |
| Xtrackers Municipal Infrastructure Revenue Bond ET... | 1.00% | Jun 4, 2013 | FLMI vs RVNU | |
| X-Square Municipal Income Tax Free ETF | 0.90% | May 18, 2023 | FLMI vs ZTAX | |
| Goldman Sachs Ultra Short Municipal Income ETF | 0.72% | Jul 23, 2024 | FLMI vs GUMI | |
| First Trust Ultra Short Duration Municipal ETF | 0.64% | Nov 1, 2018 | FLMI vs FUMB |
Lowest Volatility Alternatives to FLMI
FLMI 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 | FLMI vs IBMM | |
| First Trust Ultra Short Duration Municipal ETF | 1.03% | Nov 1, 2018 | FLMI vs FUMB | |
| iShares Short-Term California Muni Active ETF | 1.09% | Oct 4, 2007 | FLMI vs CALI | |
| abrdn Ultra Short Municipal Income Active ETF | 1.12% | Oct 20, 2025 | FLMI vs AMUN | |
| Goldman Sachs Ultra Short Municipal Income ETF | 1.15% | Jul 23, 2024 | FLMI vs GUMI |
Lowest Drawdown Alternatives to FLMI
FLMI 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 | FLMI vs GUMI | |
| First Trust Ultra Short Duration Municipal ETF | -0.60% | Nov 1, 2018 | FLMI vs FUMB | |
| iShares Short-Term California Muni Active ETF | -0.78% | Oct 4, 2007 | FLMI vs CALI | |
| PGIM Ultra Short Municipal Bond ETF | -0.85% | Jun 24, 2024 | FLMI vs PUSH | |
| iShares Short Maturity Municipal Bond ETF | -0.86% | Mar 3, 2015 | FLMI 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 | FLMI vs LVHI | |
| Franklin FTSE India ETF | Asia Pacific Equities | 3 | -13.92% | Feb 6, 2018 | FLMI vs FLIN | |
| Legg Mason Low Volatility High Dividend ETF | Volatility Hedged Equity, Dividend | 37 | 6.93% | Dec 29, 2015 | FLMI vs LVHD | |
| Franklin International Core Dividend Tilt Index ET... | Foreign Large Cap Equities | 84 | 2.64% | Jun 1, 2016 | FLMI vs DIVI | |
| Franklin FTSE South Korea ETF | Asia Pacific Equities | 98 | 24.40% | Nov 2, 2017 | FLMI vs FLKR | |
| Franklin FTSE Japan ETF | Japan Equities | 79 | 5.02% | Nov 2, 2017 | FLMI vs FLJP | |
| Franklin Responsibly Sourced Gold ETF | Precious Metals | 85 | 7.93% | Jun 30, 2022 | FLMI vs FGDL | |
| Franklin Bitcoin ETF | Cryptocurrency | 6 | -22.55% | Jan 11, 2024 | FLMI vs EZBC | |
| Franklin FTSE China ETF | China Equities | 22 | -5.92% | Nov 2, 2017 | FLMI vs FLCH | |
| Franklin FTSE Japan Hedged ETF | Japan Equities | 86 | 6.40% | Nov 2, 2017 | FLMI vs FLJH |
Often Compared With FLMI
What investors most often compare with FLMI, based on PortfoliosLab usage data.
Compare FLMI with Any Fund or Stock
Compare FLMI with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.