AMUNvsFECMETF Comparison
VS
abrdn Ultra Short Municipal Income Active ETF (AMUN) and First Eagle Core Municipal ETF (FECM) belong to the same industry segment: Municipal Bonds. AMUN's top 2 sector exposures are Municipal and Non-Corporate. In contrast, FECM's top sector exposures are Municipal. AMUN is more expensive with a Total Expense Ratio (TER) of 0.74%, versus 0.25% for FECM. Run a side-by-side ETF comparison of AMUN and FECM below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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AMUN vs FECM performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/02/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | AMUN FECM | +0.24%-0.43% | +0.65%n/a | +1.88%n/a | n/an/a | n/an/a | n/an/a |
| Flows | AMUN FECM | +$2M- | +$1M- | +$25M- | -- | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | AMUN FECM | +0.34%n/a | n/an/a | n/an/a | n/an/a |
| Max drawdown | AMUN FECM | -0.03%n/a | n/an/a | n/an/a | n/an/a |
| Max drawdown duration | AMUN FECM | 2dn/a | n/an/a | n/an/a | n/an/a |
Trading data
AMUN | FECM | |
Last sale 9/2/2026 at 5:24 PM | $26.05 | $24.59 |
| Previous close 09/02/2026 | $26.04 | $24.52 |
| Consolidated volume 09/02/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 9/2/2026 at 5:24 PM
Live
Closed
AMUN | FECM | |
|---|---|---|
| Last price | $26.05 | $24.59 |
| 1D performance | +0.06% | +0.28% |
| AuM | $55.04 M | $15.31 M |
| E/R | 0.74% | 0.25% |
Characteristics
AMUN | FECM | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | abrdn | First Eagle Investments |
| Benchmark | - | - |
| N° of holdings | 17 | 48 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | October 17, 2025 | July 1, 2026 |
| ESG | No | No |
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Exposure
Countries
AMUN
USA
33.29%
Other
66.71%
FECM
USA
33.69%
Other
66.31%
Sectors
AMUN
Municipal
33.11%
Other
66.89%
FECM
Municipal
33.69%
Other
66.31%
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Diversification
AMUN
Total weight of top 15 holdings out of 15
53.8%
FECM
Total weight of top 15 holdings out of 15
31.69%
Top 15 holdings
Data as of July 31, 2026
AMUN
Massachusetts Port Authority, 5% 1jul2043, USD (2016-B)
4.70%
Tennessee Energy Acquisition Corp., 5.625% 1sep2026, USD
4.14%
US46640KYU23
4.13%
US546598AA16
3.95%
US230589AB90
3.81%
Chandler Industrial Development Authority, 5% 1sep2052, USD (2022-2)
3.79%
Newark, 4.25% 5may2027, USD (2026)
3.77%
US478232SD45
3.77%
US34074EAF60
3.76%
US88035TZV50
3.76%
US7386297S79
3.75%
Mississippi Business Finance Corp., FRN 1nov2032, USD (2007A)
3.08%
US414008CX87
2.77%
PEFA Inc., 5% 1sep2049, USD (2019)
2.35%
US06964KAB26
2.26%
FECM
US4812C06707
6.49%
US932423XQ48
2.40%
US759831CZ11
2.16%
New York Dormitory Authority, 5% 15feb2037, USD (2016A)
1.99%
US20775DX645
1.96%
US45204F3W38
1.95%
US248866M693
1.93%
New Jersey Transportation Trust Fund Authority, 5% 15jun2045, USD
1.93%
US490229AR23
1.67%
US34073XKE75
1.67%
San Jose (CA), 5% 1mar2047, USD (2017A)
1.64%
US483270HS69
1.51%
New York Dormitory Authority, 3.25% 1jul2034, USD
1.49%
US71883MPY48
1.46%
Illinois Toll Highway Authority, 5% 1jan2041, USD
1.45%
Frequently asked questions about AMUN and FECM
Which ETF is bigger: AMUN or FECM?
As of September 2, 2026, AMUN holds $55.04 M in assets under management (AUM), while FECM manages $15.31 M.
What sectors do the AMUN and FECM ETFs invest in?
AMUN leans toward sectors like Municipal. Meanwhile, FECM focuses on Municipal.
What are the top holdings of the AMUN ETF and FECM ETF?
AMUN top holdings include Massachusetts Port Authority, 5% 1jul2043, USD (2016-B), Tennessee Energy Acquisition Corp., 5.625% 1sep2026, USD and US46640KYU23. FECM holds in its top three: US4812C06707, US932423XQ48 and US759831CZ11.
Which ETF is more diversified: AMUN or FECM?
AMUN holds 63 securities with 53.8% of its assets in the top 15. FECM has 127 securities and a top 15 weight of 31.69%.
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