MYMK vs. FUMB

Last updated Jun 23, 2026

MYMK (SPDR SSGA My2031 Municipal Bond ETF) and FUMB (First Trust Ultra Short Duration Municipal ETF) are both Municipal Bonds funds. Both are actively managed. At a 0.17 correlation, their price movements are largely independent. MYMK charges 0.20%/yr vs 0.45%/yr for FUMB.

Performance

MYMK vs. FUMB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR SSGA My2031 Municipal Bond ETF (MYMK) and First Trust Ultra Short Duration Municipal ETF (FUMB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MYMK achieves a 0.97% return, which is significantly lower than FUMB's 1.40% return.

MYMK

• 1D: -0.08%
• 1M: 0.83%
• YTD: 0.97%
• 6M: 1.11%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FUMB

• 1D: 0.12%
• 1M: 0.40%
• YTD: 1.40%
• 6M: 1.40%
• 1Y: 2.75%
• 3Y*: 3.01%
• 5Y*: 2.03%
• 10Y*: —

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

MYMK vs. FUMB - Yearly Performance Comparison

	2026 (YTD)	2025
MYMK SPDR SSGA My2031 Municipal Bond ETF	0.97%	0.65%
FUMB First Trust Ultra Short Duration Municipal ETF	1.40%	0.37%

Correlation

The correlation between MYMK and FUMB is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 17, 2025	0.17

Return for Risk

MYMK vs. FUMB — Risk / Return Rank

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

MYMK

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

FUMB

FUMB Risk / Return Rank: 97
FUMB Sharpe Ratio Rank: 95
FUMB Sortino Ratio Rank: 96
FUMB Omega Ratio Rank: 97
FUMB Calmar Ratio Rank: 98
FUMB Martin Ratio Rank: 98

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.

MYMK vs. FUMB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR SSGA My2031 Municipal Bond ETF (MYMK) and First Trust Ultra Short Duration Municipal ETF (FUMB). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	MYMK	FUMB	Difference
Sharpe ratio: Return per unit of total volatility	—	3.58	—
Sortino ratio: Return per unit of downside risk	—	5.69	—
Omega ratio: Gain probability vs. loss probability	—	1.83	—
Calmar ratio: Return relative to maximum drawdown	—	12.64	—
Martin ratio: Return relative to average drawdown	—	47.61	—

Drawdowns

MYMK vs. FUMB - Drawdown Comparison

The maximum MYMK drawdown since its inception was -2.22%, smaller than the maximum FUMB drawdown of -2.68%. Use the drawdown chart below to compare losses from any high point for MYMK and FUMB.

Drawdown Indicators

	MYMK	FUMB	Difference
Max Drawdown Largest peak-to-trough decline	-2.22%	-2.68%	+0.46%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.22%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-0.60%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-1.25%	—
Current Drawdown Current decline from peak	-0.87%	0.00%	-0.87%
Average Drawdown Average peak-to-trough decline	-0.60%	-0.19%	-0.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.06%	—

Volatility

Volatility by Period

	MYMK	FUMB	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.21%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.55%	—
Volatility (1Y) Calculated over the trailing 1-year period	1.92%	0.77%	+1.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.92%	1.17%	+0.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.92%	1.76%	+0.16%

MYMK vs. FUMB - Expense Ratio Comparison

MYMK has a 0.20% expense ratio, which is lower than FUMB's 0.45% expense ratio.

Dividends

MYMK vs. FUMB - Dividend Comparison

MYMK's dividend yield for the trailing twelve months is around 1.83%, less than FUMB's 2.79% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
FUMB First Trust Ultra Short Duration Municipal ETF	2.79%	2.90%	2.86%	2.24%	1.02%	0.43%	0.94%	1.74%	0.15%
MYMK SPDR SSGA My2031 Municipal Bond ETF	1.83%	0.77%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MYMK and FUMB in my portfolio?

MYMK and FUMB have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MYMK or FUMB?

On fees, MYMK 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, MYMK or FUMB?

MYMK is cheaper with a 0.20% expense ratio, compared with 0.45% for FUMB.

Which ETF pays a higher dividend yield, MYMK or FUMB?

FUMB has the higher dividend yield at 2.79%, compared with 1.83% for MYMK.

What is the main difference between MYMK and FUMB?

They also come from different issuers: State Street and First Trust. Their fees differ too: 0.20% for MYMK and 0.45% for FUMB.