FTMH vs SPY
Franklin Municipal High Yield ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | FTMH | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.35% | 0.09% | |
| AUM | $578M | $821.1B | |
| Dividend Yield | 4.23% | 1.01% | |
| Holdings | 496 | 505 | |
| YTD Return | +2.15% | +12.71% | |
| 1Y Return | - | +20.53% | |
| 3Y Return (annualized) | - | +21.60% | |
| 5Y Return (annualized) | - | +12.79% | |
| Volatility (annualized) | - | 15.3% | |
| Max Drawdown | -3.1% | -56.5% | |
| Fund Family | Franklin Templeton Investments (US) | State Street Investment Management | |
| Category | Fixed Income | Equity | |
| Inception | Sep 9, 1985 | Jan 22, 1993 |
FTMH vs SPY Performance
Franklin Municipal High Yield ETF (FTMH) is a ETF from Franklin Templeton Investments (US) and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, FTMH is up 2.15% versus a gain of 12.71% for SPY.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -3.1% for FTMH and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
FTMH charges 0.35% per year while SPY charges 0.09%. On a $10,000 position that is $35 vs $9 annually, a gap of $26 per year that compounds over a long holding period. On income, FTMH currently yields 4.23% against 1.01% for SPY.
Holdings Overlap
FTMH and SPY share 0 holdings out of 619 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, FTMH or SPY?
FTMH has an expense ratio of 0.35% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $26 per year of difference.
What is the holdings overlap between FTMH and SPY?
FTMH and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 619 unique securities.
Which pays a higher dividend, FTMH or SPY?
FTMH yields 4.23% while SPY yields 1.01%, so FTMH currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.