FIMU vs SPY
Fidelity Intermediate Municipal Income Fund ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, FIMU or SPY?
SPY has been ahead.
SPY has a lower expense ratio. SPY led over 1Y.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FIMU | SPY |
|---|---|---|
| Expense Ratio | 0.30% | 0.09%Best |
| AUM | $3M | $804.7B |
| Dividend Yield | 0.36% | 0.98% |
| Holdings | 1,840 | 505 |
| YTD Return | -3.82% | +12.89%Best |
| 1Y Return | - | +17.01% |
| 3Y Return (annualized) | - | +22.46% |
| 5Y Return (annualized) | - | +13.01% |
| Fund Family | Fidelity Investments (US) | State Street Investment Management |
| Category | Fixed Income | Equity |
| Style | - | Large Cap Blend |
| Inception | Jun 16, 2026 | Jan 22, 1993 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
FIMU vs SPY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
FIMU vs SPY Performance
Fidelity Intermediate Municipal Income Fund ETF (FIMU) is an ETF from Fidelity Investments (US) and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Year to date, FIMU is down 3.82% versus a gain of 12.89% for SPY.
Past performance does not guarantee future results.
Fees and Cost Over Time
FIMU charges 0.30% per year while SPY charges 0.09%. On a $10,000 position that is $30 vs $9 annually, a gap of $21 per year that compounds over a long holding period. On income, FIMU currently yields 0.36% against 0.98% for SPY.
Holdings Overlap
We hold position weights for 184 holdings in FIMU and 504 in SPY, totalling 9.8% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 63 days apart, FIMU as of Jun 30, 2026 and SPY as of Sep 1, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 184 positions we hold weights for in FIMU and 504 in SPY, against full books of 1,840 and 505.
You are not choosing between two funds in isolation.
Whichever of FIMU and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FIMU or SPY?
FIMU has an expense ratio of 0.30% while SPY charges 0.09%. SPY is the cheaper option, by $21 a year on a $10,000 investment.
Which pays a higher dividend, FIMU or SPY?
FIMU yields 0.36% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than FIMU?
SPY has a lower expense ratio. SPY led over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.