FMB vs. VNQ
Compare and contrast key facts about First Trust Managed Municipal ETF (FMB) and Vanguard Real Estate ETF (VNQ).
FMB and VNQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FMB is an actively managed fund by First Trust. It was launched on May 13, 2014. VNQ is a passively managed fund by Vanguard that tracks the performance of the MSCI US REIT Index. It was launched on Sep 23, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FMB or VNQ.
Correlation
The correlation between FMB and VNQ is 0.15, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FMB vs. VNQ - Performance Comparison
Key characteristics
FMB:
0.57
VNQ:
0.29
FMB:
0.80
VNQ:
0.50
FMB:
1.10
VNQ:
1.06
FMB:
0.35
VNQ:
0.18
FMB:
2.64
VNQ:
0.97
FMB:
0.76%
VNQ:
4.83%
FMB:
3.49%
VNQ:
16.08%
FMB:
-14.16%
VNQ:
-73.07%
FMB:
-3.16%
VNQ:
-13.24%
Returns By Period
In the year-to-date period, FMB achieves a 1.62% return, which is significantly lower than VNQ's 5.18% return. Over the past 10 years, FMB has underperformed VNQ with an annualized return of 2.59%, while VNQ has yielded a comparatively higher 4.92% annualized return.
FMB
1.62%
-1.09%
1.00%
1.57%
0.82%
2.59%
VNQ
5.18%
-7.87%
9.53%
4.67%
3.24%
4.92%
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FMB vs. VNQ - Expense Ratio Comparison
FMB has a 0.50% expense ratio, which is higher than VNQ's 0.12% expense ratio.
Risk-Adjusted Performance
FMB vs. VNQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Managed Municipal ETF (FMB) and Vanguard Real Estate ETF (VNQ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
FMB vs. VNQ - Dividend Comparison
FMB's dividend yield for the trailing twelve months is around 3.23%, less than VNQ's 3.84% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FMB First Trust Managed Municipal ETF | 3.23% | 2.99% | 2.47% | 1.96% | 2.19% | 2.48% | 2.59% | 2.49% | 2.93% | 3.07% | 1.70% | 0.00% |
VNQ Vanguard Real Estate ETF | 3.84% | 3.95% | 3.91% | 2.56% | 3.93% | 3.39% | 4.74% | 4.23% | 4.82% | 3.92% | 3.60% | 4.32% |
Drawdowns
FMB vs. VNQ - Drawdown Comparison
The maximum FMB drawdown since its inception was -14.16%, smaller than the maximum VNQ drawdown of -73.07%. Use the drawdown chart below to compare losses from any high point for FMB and VNQ. For additional features, visit the drawdowns tool.
Volatility
FMB vs. VNQ - Volatility Comparison
The current volatility for First Trust Managed Municipal ETF (FMB) is 1.15%, while Vanguard Real Estate ETF (VNQ) has a volatility of 5.27%. This indicates that FMB experiences smaller price fluctuations and is considered to be less risky than VNQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.