Fidelity Systematic Municipal Bond Index ETF (FMUN) Alternatives
Fidelity Systematic Municipal Bond Index ETF (FMUN) 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 FMUN. 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 FMUN
FMUN charges 0.05% annually. Among ETFs in the Municipal Bonds category, these options have the lowest expense ratios among FMUN alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Schwab Municipal Bond ETF | 0.03% | Oct 11, 2022 | FMUN vs SCMB | |
| Vanguard Tax-Exempt Bond ETF | 0.05% | Aug 21, 2015 | FMUN vs VTEB | |
| Vanguard Short-Term Tax-Exempt Bond ETF Shares | 0.07% | Mar 8, 2023 | FMUN vs VTES | |
| Xtrackers California Municipal Bond ETF | 0.07% | Dec 13, 2023 | FMUN vs CA | |
| iShares Short-Term National Muni Bond ETF | 0.07% | Nov 5, 2008 | FMUN vs SUB |
Best Risk-Adjusted Alternatives to FMUN
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 | FMUN vs GUMI | |
| First Trust Ultra Short Duration Municipal ETF | 97 | Nov 1, 2018 | FMUN vs FUMB | |
| iShares Short Maturity Municipal Bond ETF | 97 | Mar 3, 2015 | FMUN vs MEAR | |
| PGIM Ultra Short Municipal Bond ETF | 95 | Jun 24, 2024 | FMUN vs PUSH | |
| iShares Short-Term California Muni Active ETF | 95 | Oct 4, 2007 | FMUN vs CALI |
Top Performing FMUN Alternatives (YTD)
FMUN 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 | FMUN vs OVM | |
| Xtrackers Municipal Infrastructure Revenue Bond ET... | 1.00% | Jun 4, 2013 | FMUN vs RVNU | |
| X-Square Municipal Income Tax Free ETF | 0.90% | May 18, 2023 | FMUN vs ZTAX | |
| Goldman Sachs Ultra Short Municipal Income ETF | 0.72% | Jul 23, 2024 | FMUN vs GUMI | |
| First Trust Ultra Short Duration Municipal ETF | 0.64% | Nov 1, 2018 | FMUN vs FUMB |
Lowest Volatility Alternatives to FMUN
FMUN 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 | FMUN vs IBMM | |
| First Trust Ultra Short Duration Municipal ETF | 1.03% | Nov 1, 2018 | FMUN vs FUMB | |
| iShares Short-Term California Muni Active ETF | 1.09% | Oct 4, 2007 | FMUN vs CALI | |
| abrdn Ultra Short Municipal Income Active ETF | 1.12% | Oct 20, 2025 | FMUN vs AMUN | |
| Goldman Sachs Ultra Short Municipal Income ETF | 1.15% | Jul 23, 2024 | FMUN vs GUMI |
Lowest Drawdown Alternatives to FMUN
FMUN 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 | FMUN vs GUMI | |
| First Trust Ultra Short Duration Municipal ETF | -0.60% | Nov 1, 2018 | FMUN vs FUMB | |
| iShares Short-Term California Muni Active ETF | -0.78% | Oct 4, 2007 | FMUN vs CALI | |
| PGIM Ultra Short Municipal Bond ETF | -0.85% | Jun 24, 2024 | FMUN vs PUSH | |
| iShares Short Maturity Municipal Bond ETF | -0.86% | Mar 3, 2015 | FMUN 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 | FMUN vs FTEC | |
| Fidelity High Dividend ETF | Large Cap Blend Equities, Dividend | 60 | -1.78% | Sep 12, 2016 | FMUN vs FDVV | |
| Fidelity Wise Origin Bitcoin Trust | Cryptocurrency | 6 | -22.56% | Jan 11, 2024 | FMUN vs FBTC | |
| Fidelity Total Bond ETF | Intermediate Core-Plus Bond, Actively Managed | 63 | 0.14% | Oct 6, 2014 | FMUN vs FBND | |
| Fidelity NASDAQ Composite Index Tracking Stock | Large Cap Growth Equities | 72 | -6.77% | Sep 25, 2003 | FMUN vs ONEQ | |
| Fidelity Blue Chip Growth ETF | Large Cap Growth Equities, Actively Managed | 64 | -8.61% | Jun 3, 2020 | FMUN vs FBCG | |
| Fidelity Ethereum Fund | Cryptocurrency | 21 | -29.48% | Jul 22, 2024 | FMUN vs FETH | |
| Fidelity Enhanced Large Cap Core ETF | Large Cap Growth Equities | 64 | -4.71% | Apr 19, 2007 | FMUN vs FELC | |
| Fidelity MSCI Utilities Index ETF | Utilities Equities | 70 | 7.67% | Oct 21, 2013 | FMUN vs FUTY | |
| Fidelity Enhanced Large Cap Growth ETF | Large Cap Growth Equities | 53 | -10.02% | Nov 20, 2023 | FMUN vs FELG |
Often Compared With FMUN
What investors most often compare with FMUN, based on PortfoliosLab usage data.
Compare FMUN with Any Fund or Stock
Compare FMUN with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.