Fidelity Municipal Bond Opportunities ETF (FMUB) Alternatives
Fidelity Municipal Bond Opportunities ETF (FMUB) 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 FMUB. 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 FMUB
FMUB charges 0.30% annually. Among ETFs in the Municipal Bonds category, these options have the lowest expense ratios among FMUB alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Schwab Municipal Bond ETF | 0.03% | Oct 11, 2022 | FMUB vs SCMB | |
| Fidelity Systematic Municipal Bond Index ETF | 0.05% | Jul 11, 2019 | FMUB vs FMUN | |
| Vanguard Tax-Exempt Bond ETF | 0.05% | Aug 21, 2015 | FMUB vs VTEB | |
| Xtrackers California Municipal Bond ETF | 0.07% | Dec 13, 2023 | FMUB vs CA | |
| iShares Short-Term National Muni Bond ETF | 0.07% | Nov 5, 2008 | FMUB vs SUB |
Best Risk-Adjusted Alternatives to FMUB
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 | FMUB vs GUMI | |
| First Trust Ultra Short Duration Municipal ETF | 97 | Nov 1, 2018 | FMUB vs FUMB | |
| iShares Short Maturity Municipal Bond ETF | 97 | Mar 3, 2015 | FMUB vs MEAR | |
| PGIM Ultra Short Municipal Bond ETF | 95 | Jun 24, 2024 | FMUB vs PUSH | |
| iShares Short-Term California Muni Active ETF | 95 | Oct 4, 2007 | FMUB vs CALI |
Top Performing FMUB Alternatives (YTD)
FMUB 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 | FMUB vs OVM | |
| Xtrackers Municipal Infrastructure Revenue Bond ET... | 1.00% | Jun 4, 2013 | FMUB vs RVNU | |
| X-Square Municipal Income Tax Free ETF | 0.90% | May 18, 2023 | FMUB vs ZTAX | |
| Goldman Sachs Ultra Short Municipal Income ETF | 0.72% | Jul 23, 2024 | FMUB vs GUMI | |
| First Trust Ultra Short Duration Municipal ETF | 0.64% | Nov 1, 2018 | FMUB vs FUMB |
Lowest Volatility Alternatives to FMUB
FMUB 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 | FMUB vs IBMM | |
| First Trust Ultra Short Duration Municipal ETF | 1.03% | Nov 1, 2018 | FMUB vs FUMB | |
| iShares Short-Term California Muni Active ETF | 1.09% | Oct 4, 2007 | FMUB vs CALI | |
| abrdn Ultra Short Municipal Income Active ETF | 1.12% | Oct 20, 2025 | FMUB vs AMUN | |
| Goldman Sachs Ultra Short Municipal Income ETF | 1.15% | Jul 23, 2024 | FMUB vs GUMI |
Lowest Drawdown Alternatives to FMUB
FMUB 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 | FMUB vs GUMI | |
| First Trust Ultra Short Duration Municipal ETF | -0.60% | Nov 1, 2018 | FMUB vs FUMB | |
| iShares Short-Term California Muni Active ETF | -0.78% | Oct 4, 2007 | FMUB vs CALI | |
| PGIM Ultra Short Municipal Bond ETF | -0.85% | Jun 24, 2024 | FMUB vs PUSH | |
| iShares Short Maturity Municipal Bond ETF | -0.86% | Mar 3, 2015 | FMUB vs MEAR |
Other ETFs from Fidelity
Most popular Fidelity ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Fidelity MSCI Information Technology Index ETF | Technology Equities | 68 | -7.30% | Oct 21, 2013 | FMUB vs FTEC | |
| Fidelity High Dividend ETF | Large Cap Blend Equities, Dividend | 60 | -1.78% | Sep 12, 2016 | FMUB vs FDVV | |
| Fidelity Wise Origin Bitcoin Trust | Cryptocurrency | 6 | -22.56% | Jan 11, 2024 | FMUB vs FBTC | |
| Fidelity Total Bond ETF | Intermediate Core-Plus Bond, Actively Managed | 63 | 0.14% | Oct 6, 2014 | FMUB vs FBND | |
| Fidelity NASDAQ Composite Index Tracking Stock | Large Cap Growth Equities | 72 | -6.77% | Sep 25, 2003 | FMUB vs ONEQ | |
| Fidelity Blue Chip Growth ETF | Large Cap Growth Equities, Actively Managed | 64 | -8.61% | Jun 3, 2020 | FMUB vs FBCG | |
| Fidelity Ethereum Fund | Cryptocurrency | 21 | -29.48% | Jul 22, 2024 | FMUB vs FETH | |
| Fidelity Enhanced Large Cap Core ETF | Large Cap Growth Equities | 64 | -4.71% | Apr 19, 2007 | FMUB vs FELC | |
| Fidelity MSCI Utilities Index ETF | Utilities Equities | 70 | 7.67% | Oct 21, 2013 | FMUB vs FUTY | |
| Fidelity Enhanced Large Cap Growth ETF | Large Cap Growth Equities | 53 | -10.02% | Nov 20, 2023 | FMUB vs FELG |
Often Compared With FMUB
What investors most often compare with FMUB, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| iShares National AMT-Free Muni Bond ETF | Municipal Bonds | 54 | -0.37% | Sep 7, 2007 | FMUB vs MUB | |
| Fidelity 500 Index Fund | S&P 500 | 46 | -7.05% | Feb 17, 1988 | FMUB vs FXAIX | |
| Fidelity ZERO International Index Fund | Large Cap Blend Equities, Foreign Large Cap Equities | 80 | -0.81% | — | FMUB vs FZILX | |
| Fidelity Intermediate Municipal Income Fund | Municipal Bonds | 72 | -0.92% | Apr 15, 1977 | FMUB vs FLTMX | |
| Fidelity Tax-Free Bond Fund | Municipal Bonds | 56 | -0.77% | Apr 10, 2001 | FMUB vs FTABX | |
| iShares 0-3 Month Treasury Bond ETF | Ultrashort Bond | 100 | 0.86% | May 26, 2020 | FMUB vs SGOV |
Compare FMUB with Any Fund or Stock
Compare FMUB with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.