FMUB vs VXUS
Fidelity Municipal Bond Opportunities ETF vs Vanguard Total International Stock ETF
Quick Verdict
VXUS has a lower expense ratio. VXUS delivered stronger 1-year returns. VXUS offers more diversification with 7861 holdings.
Side-by-Side Comparison
| Metric | FMUB | VXUS | Winner |
|---|---|---|---|
| Expense Ratio | 0.30% | 0.05% | |
| AUM | $220M | $156.5B | |
| Dividend Yield | 3.49% | 2.60% | |
| Holdings | 849 | 8,747 | |
| YTD Return | +1.52% | +14.07% | |
| 1Y Return | +5.51% | +27.24% | |
| 3Y Return (annualized) | - | +19.27% | |
| 5Y Return (annualized) | - | +9.14% | |
| Volatility (annualized) | 3.5% | 15.1% | |
| Max Drawdown | -2.5% | -39.9% | |
| Fund Family | Fidelity Investments (US) | Vanguard (US) | |
| Category | Tax Preferred | Equity | |
| Inception | Apr 7, 2025 | Jan 26, 2011 |
FMUB vs VXUS Performance
Fidelity Municipal Bond Opportunities ETF (FMUB) is a ETF from Fidelity Investments (US) and Vanguard Total International Stock ETF (VXUS) is a ETF from Vanguard (US). Over the past year FMUB returned +5.51% while VXUS returned +27.24%. Year to date, FMUB is up 1.52% versus a gain of 14.07% for VXUS.
Risk: Volatility and Drawdowns
VXUS has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 3.5% for FMUB. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -2.5% for FMUB and -39.9% for VXUS. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FMUB charges 0.30% per year while VXUS charges 0.05%. On a $10,000 position that is $30 vs $5 annually, a gap of $25 per year that compounds over a long holding period. On income, FMUB currently yields 3.49% against 2.60% for VXUS.
Holdings Overlap
FMUB and VXUS share 0 holdings out of 8224 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, FMUB or VXUS?
FMUB has an expense ratio of 0.30% while VXUS charges 0.05%. VXUS is the cheaper option. On a $10,000 investment, that is $25 per year of difference.
Which performed better, FMUB or VXUS?
Over the past year FMUB returned +5.51% vs +27.24% for VXUS, so VXUS leads on 1-year performance. Over the longest common window we track (1 years), FMUB annualized +6.65% vs +4.83% for VXUS. Past performance does not guarantee future results.
Which is riskier, FMUB or VXUS?
VXUS has been the more volatile fund at 15.1% annualized versus 3.5% for FMUB. Worst drawdown: FMUB -2.5% vs VXUS -39.9%.
Should I hold both FMUB and VXUS?
FMUB and VXUS have a monthly-return correlation of 0.73, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FMUB and VXUS?
FMUB and VXUS share 0 common holdings with a 0.0% weight overlap. Combined, they hold 8224 unique securities.
Which pays a higher dividend, FMUB or VXUS?
FMUB yields 3.49% while VXUS yields 2.60%, so FMUB currently pays the higher dividend yield.
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