FUMB vs VYM
First Trust Ultra Short Duration Municipal ETF vs Vanguard High Dividend Yield ETF
Which is better, FUMB or VYM?
Municipal Bond against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window.
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 | FUMB | VYM |
|---|---|---|
| Expense Ratio | 0.29% | 0.04%Best |
| AUM | $254M | $81.6B |
| Dividend Yield | 2.73% | 2.22% |
| Holdings | 487 | 613 |
| YTD Return | +1.57% | +13.75%Best |
| 1Y Return | +2.02% | +19.42%Best |
| 3Y Return (annualized) | +2.85% | +18.22%Best |
| 5Y Return (annualized) | +2.02% | +12.17%Best |
| Volatility (annualized) | 0.8%Best | 15.5% |
| Max Drawdown | -2.7%Best | -35.7% |
| $10,000 over 5 years | $11,052 | $17,758Best |
| Fund Family | First Trust Portfolios (US) | Vanguard (US) |
| Category | Tax Preferred | Equity |
| Style | Municipal Bond | Large Cap Value |
| Inception | Nov 1, 2018 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Nov 5, 2018 to Sep 9, 2026 (7.8 years).
FUMB vs VYM 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.
FUMB vs VYM Performance
First Trust Ultra Short Duration Municipal ETF (FUMB) is an ETF from First Trust Portfolios (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year FUMB returned +2.02% while VYM returned +19.42%. Year to date, FUMB is up 1.57% versus a gain of 13.75% for VYM.
Over three years, FUMB compounded at +2.85% per year against +18.22% for VYM; over five years the annualized figures are +2.02% and +12.17% respectively. Across the full 8-year window we track, VYM has the edge at +10.95% annualized vs +1.38%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 15.5% compared with 0.8% for FUMB. 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 -2.7% for FUMB and -35.7% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.28. They move largely independently of each other.
Fees and Cost Over Time
FUMB charges 0.29% per year while VYM charges 0.04%. On a $10,000 position that is $29 vs $4 annually, a gap of $25 per year that compounds over a long holding period. On income, FUMB currently yields 2.73% against 2.22% for VYM.
Holdings Overlap
We hold position weights for 64 holdings in FUMB and 603 in VYM, totalling 28.4% and 99.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 64 positions we hold weights for in FUMB and 603 in VYM, against full books of 487 and 613.
You are not choosing between two funds in isolation.
Whichever of FUMB and VYM 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, FUMB or VYM?
FUMB has an expense ratio of 0.29% while VYM charges 0.04%. VYM is the cheaper option, by $25 a year on a $10,000 investment.
Which performed better, FUMB or VYM?
Over the past year FUMB returned +2.02% vs +19.42% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (8 years), FUMB annualized +1.38% vs +10.95% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FUMB or VYM?
VYM has been the more volatile fund at 15.5% annualized versus 0.8% for FUMB. Worst drawdown: FUMB -2.7% vs VYM -35.7%.
Should I hold both FUMB and VYM?
FUMB and VYM have a monthly-return correlation of 0.28, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, FUMB or VYM?
FUMB yields 2.73% while VYM yields 2.22%, so FUMB currently pays the higher dividend yield.
Is VYM better than FUMB?
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.