Franklin Minnesota Municipal Income ETF (FTMN) 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 FTMN. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FTMN
FTMN charges 0.35% annually. There are 100 ETFs in the Municipal Bonds category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Schwab Municipal Bond ETF | 0.03% | 3.92B | Oct 2022 | FTMN vs SCMB | |
| Vanguard Tax-Exempt Bond ETF | 0.03% | 47.60B | Aug 2015 | FTMN vs VTEB | |
| Northern Trust Intermediate Tax-Exempt Bond ETF | 0.05% | 153.73M | Aug 2025 | FTMN vs TAXI | |
| Northern Trust Short-Term Tax-Exempt Bond ETF | 0.05% | 116.60M | Aug 2025 | FTMN vs TAXS | |
| Fidelity Systematic Municipal Bond Index ETF | 0.05% | 180.62M | Jul 2019 | FTMN vs FMUN |
Best Risk-Adjusted Alternatives to FTMN
Among 107 ETFs in the Municipal Bonds category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| State Street My2027 Municipal Bond ETF | 97 | 9.88M | Sep 2024 | FTMN vs MYMG | |
| State Street My2026 Municipal Bond ETF | 97 | 8.74M | Sep 2024 | FTMN vs MYMF | |
| First Trust Ultra Short Duration Municipal ETF | 96 | 246.08M | Nov 2018 | FTMN vs FUMB | |
| iShares Short Maturity Municipal Bond ETF | 95 | 1.39B | Mar 2015 | FTMN vs MEAR | |
| Goldman Sachs Ultra Short Municipal Income ETF | 95 | 38.99M | Jul 2024 | FTMN vs GUMI |
Top Performing FTMN Alternatives (YTD)
FTMN is at 1.81% YTD. There are 49 ETFs in the Municipal Bonds category with higher YTD returns, going as high as 4.08%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Xtrackers Municipal Infrastructure Revenue Bond ET... | 4.08% | 142.76M | Jun 2013 | FTMN vs RVNU | |
| First Trust Flexible Municipal High Income ETF | 3.93% | 19.03M | Sep 2016 | FTMN vs MFLX | |
| Rareview Tax Advantaged Income ETF | 3.90% | 18.13M | Oct 2020 | FTMN vs RTAI | |
| T. Rowe Price High Income Municipal ETF | 3.61% | 25.43M | Nov 2025 | FTMN vs THYM | |
| Overlay Shares Municipal Bond ETF | 3.51% | 30.60M | Sep 2019 | FTMN vs OVM |
Lowest Volatility Alternatives to FTMN
FTMN has 4.15% 1-year volatility. There are 123 ETFs in the Municipal Bonds category with lower 1-year volatility, going as low as 0.54%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| F/m Ultrashort Tax-Free Municipal ETF | 0.54% | 30.59M | Sep 2025 | FTMN vs ZMUN | |
| State Street My2026 Municipal Bond ETF | 0.73% | 8.74M | Sep 2024 | FTMN vs MYMF | |
| Allspring Ultra Short Municipal ETF | 0.75% | 30.06M | Jul 2025 | FTMN vs AUSM | |
| iShares Short-Term California Muni Active ETF | 0.75% | 398.45M | Oct 2007 | FTMN vs CALI | |
| First Trust Ultra Short Duration Municipal ETF | 0.78% | 246.08M | Nov 2018 | FTMN vs FUMB |
Lowest Drawdown Alternatives to FTMN
Among 107 ETFs in the Municipal Bonds category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -0.22%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Ultra Short Duration Municipal ETF | -0.22% | 246.08M | Nov 2018 | FTMN vs FUMB | |
| Invesco BulletShares 2026 Municipal Bond ETF | -0.33% | 290.51M | Sep 2019 | FTMN vs BSMQ | |
| State Street My2027 Municipal Bond ETF | -0.36% | 9.88M | Sep 2024 | FTMN vs MYMG | |
| Goldman Sachs Ultra Short Municipal Income ETF | -0.36% | 38.99M | Jul 2024 | FTMN vs GUMI | |
| iShares iBonds Dec 2026 Term Muni Bond ETF | -0.38% | 587.10M | Apr 2019 | FTMN vs IBMO |
Other ETFs from Franklin Templeton
The 10 most viewed Franklin Templeton ETFs shown here include LVHI, FLIN, FLKR and span 9 categories. AUM among these funds goes as high as $5B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Franklin International Low Volatility High Dividen... | Volatility Hedged Equity, Dividend | 93 | 12.42% | 4.99B | Jul 2016 | FTMN vs LVHI | |
| Franklin FTSE India ETF | Asia Pacific Equities | 4 | -8.37% | 2.55B | Feb 2018 | FTMN vs FLIN | |
| Franklin FTSE South Korea ETF | Asia Pacific Equities | 92 | 97.22% | 1.16B | Nov 2017 | FTMN vs FLKR | |
| Franklin U.S. Low Volatility High Dividend Index E... | Dividend | 40 | 10.55% | 588.56M | Dec 2015 | FTMN vs LVHD | |
| Franklin International Core Dividend Tilt Index ET... | Foreign Large Cap Equities, Dividend | 54 | 10.71% | 2.60B | Jun 2016 | FTMN vs DIVI | |
| Putnam BDC Income ETF | Financials Equities | 4 | -11.42% | 272.46M | Sep 2022 | FTMN vs PBDC | |
| Franklin FTSE Japan ETF | Japan Equities | 53 | 15.09% | 3.93B | Nov 2017 | FTMN vs FLJP | |
| Franklin Responsibly Sourced Gold ETF | Gold, Precious Metals | 21 | -4.86% | 437.03M | Jun 2022 | FTMN vs FGDL | |
| Franklin FTSE China ETF | China Equities | 9 | -12.17% | 264.76M | Nov 2017 | FTMN vs FLCH | |
| Franklin FTSE Japan Hedged ETF | Japan Equities | 82 | 20.28% | 171.61M | Nov 2017 | FTMN vs FLJH |
Often Compared With FTMN
Investors most often compare FTMN with BNO, OILT, GSG. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare FTMN with Any Fund or Stock
Compare FTMN with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FTMN with funds that move differently
Franklin Minnesota Municipal Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FTMN.
Explore FTMN Diversifiers