FMB vs. VOO
Compare and contrast key facts about First Trust Managed Municipal ETF (FMB) and Vanguard S&P 500 ETF (VOO).
FMB and VOO 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. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FMB or VOO.
Key characteristics
| FMB | VOO | |
|---|---|---|
| YTD Return | -0.56% | 6.68% |
| 1Y Return | 3.11% | 26.39% |
| 3Y Return (Ann) | -1.20% | 8.30% |
| 5Y Return (Ann) | 1.31% | 13.39% |
| Sharpe Ratio | 0.83 | 2.06 |
| Daily Std Dev | 4.12% | 11.84% |
| Max Drawdown | -14.16% | -33.99% |
| Current Drawdown | -5.25% | -3.50% |
Correlation
The correlation between FMB and VOO is -0.03. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
FMB vs. VOO - Performance Comparison
In the year-to-date period, FMB achieves a -0.56% return, which is significantly lower than VOO's 6.68% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FMB vs. VOO - Expense Ratio Comparison
FMB has a 0.50% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
FMB vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Managed Municipal ETF (FMB) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
FMB's dividend yield for the trailing twelve months is around 3.08%, more than VOO's 1.38% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FMB First Trust Managed Municipal ETF | 3.08% | 2.98% | 2.47% | 1.96% | 2.19% | 2.47% | 2.58% | 2.49% | 2.93% | 3.07% | 1.70% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.38% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
FMB vs. VOO - Drawdown Comparison
The maximum FMB drawdown since its inception was -14.16%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FMB and VOO. For additional features, visit the drawdowns tool.
Volatility
FMB vs. VOO - Volatility Comparison
The current volatility for First Trust Managed Municipal ETF (FMB) is 0.95%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.55%. This indicates that FMB experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.