FTMU vs. MYMG

Last updated Jun 6, 2026

FTMU (Franklin Municipal Income ETF) and MYMG (State Street My2027 Municipal Bond ETF) are both Municipal Bonds funds. Both are actively managed. A 0.53 correlation means they provide meaningful diversification when combined. FTMU charges 0.30%/yr vs 0.20%/yr for MYMG.

Performance

FTMU vs. MYMG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Municipal Income ETF (FTMU) and State Street My2027 Municipal Bond ETF (MYMG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FTMU achieves a 2.50% return, which is significantly higher than MYMG's 1.24% return.

FTMU

• 1D: -0.26%
• 1M: 0.57%
• YTD: 2.50%
• 6M: 2.93%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MYMG

• 1D: 0.00%
• 1M: 0.30%
• YTD: 1.24%
• 6M: 1.52%
• 1Y: 3.87%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FTMU vs. MYMG - Yearly Performance Comparison

	2026 (YTD)	2025
FTMU Franklin Municipal Income ETF	2.50%	-0.02%
MYMG State Street My2027 Municipal Bond ETF	1.24%	0.59%

Correlation

The correlation between FTMU and MYMG is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 28, 2025	0.53

Return for Risk

FTMU vs. MYMG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MYMG

MYMG Risk / Return Rank: 98
MYMG Sharpe Ratio Rank: 97
MYMG Sortino Ratio Rank: 98
MYMG Omega Ratio Rank: 98
MYMG Calmar Ratio Rank: 97
MYMG Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FTMU vs. MYMG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Municipal Income ETF (FTMU) and State Street My2027 Municipal Bond ETF (MYMG). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	FTMU	MYMG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	4.77	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.15	1.08	+0.07

Drawdowns

FTMU vs. MYMG - Drawdown Comparison

The maximum FTMU drawdown since its inception was -3.07%, which is greater than MYMG's maximum drawdown of -2.31%. Use the drawdown chart below to compare losses from any high point for FTMU and MYMG.

Drawdown Indicators

	FTMU	MYMG	Difference
Max Drawdown Largest peak-to-trough decline	-3.07%	-2.31%	-0.76%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.36%	—
Current Drawdown Current decline from peak	-0.26%	0.00%	-0.26%
Average Drawdown Average peak-to-trough decline	-0.68%	-0.33%	-0.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.11%	—

Volatility

Volatility by Period

	FTMU	MYMG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.17%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.56%	—
Volatility (1Y) Calculated over the trailing 1-year period	3.62%	0.81%	+2.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.62%	2.03%	+1.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.62%	2.03%	+1.59%

FTMU vs. MYMG - Expense Ratio Comparison

FTMU has a 0.30% expense ratio, which is higher than MYMG's 0.20% expense ratio.

Dividends

FTMU vs. MYMG - Dividend Comparison

FTMU's dividend yield for the trailing twelve months is around 2.39%, less than MYMG's 2.88% yield.

Position	TTM	2025	2024
FTMU Franklin Municipal Income ETF	2.39%	0.75%	0.00%
MYMG State Street My2027 Municipal Bond ETF	2.88%	3.03%	0.89%

Frequently Asked Questions

Can I hold both FTMU and MYMG in my portfolio?

FTMU and MYMG have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FTMU or MYMG?

On fees, MYMG is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FTMU or MYMG?

MYMG is cheaper with a 0.20% expense ratio, compared with 0.30% for FTMU.

Which ETF pays a higher dividend yield, FTMU or MYMG?

MYMG has the higher dividend yield at 2.88%, compared with 2.39% for FTMU.

What is the main difference between FTMU and MYMG?

They also come from different issuers: Franklin Templeton and State Street. Their fees differ too: 0.30% for FTMU and 0.20% for MYMG.