FLMIvsJMUBETF Comparison
VS
Franklin Dynamic Municipal Bond ETF (FLMI) and JPMorgan Municipal ETF (JMUB) belong to the same industry segment: Municipal Bonds. FLMI's top 3 sector exposures are Municipal, Consumer Services and Healthcare. In contrast, JMUB's top sector exposures are Municipal and Sovereign. FLMI is more expensive with a Total Expense Ratio (TER) of 0.3%, versus 0.18% for JMUB. FLMI is down -3.16% year-to-date (YTD) with +$1.13B in YTD flows. JMUB performs better with -0.76% YTD performance, and +$2.70B in YTD flows. Run a side-by-side ETF comparison of FLMI and JMUB below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
FLMI vs JMUB performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/23/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FLMI JMUB | +1.21%+1.41% | -2.59%-0.88% | -3.16%-0.76% | -3.27%-0.44% | +15.37%+13.47% | +0.32%+4.23% |
| Flows | FLMI JMUB | +$30M+$467M | +$164M+$792M | +$1.13B+$2.70B | +$1.42B+$5.09B | +$2.32B+$8.44B | +$2.40B+$9.08B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FLMI JMUB | +6.05%+4.89% | +3.83%+3.10% | +3.94%+3.33% | +3.85%+3.30% |
| Max drawdown | FLMI JMUB | -6.74%-5.10% | -8.90%-5.87% | -8.90%-5.87% | -16.26%-11.76% |
| Max drawdown duration | FLMI JMUB | 71d71d | 236d109d | 236d109d | 1340d961d |
Trading data
FLMI | JMUB | |
Last sale 10/23/2026 at 1:30 PM | $23.93 | |
| Previous close 10/22/2026 | $23.89 | |
| Consolidated volume 10/22/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Advertisement
Main metrics
Last update 10/23/2026 at 1:30 PM
Live
Closed
FLMI | JMUB | |
|---|---|---|
| Last price | $23.93 | – |
| 1D performance | +0.17% | – |
| AuM | $2.38 B | $8.91 B |
| E/R | 0.3% | 0.18% |
Characteristics
FLMI | JMUB | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Franklin Templeton | J.P. Morgan Asset Management |
| Benchmark | - | - |
| N° of holdings | 214 | 589 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | August 31, 2017 | October 29, 2018 |
| ESG | No | No |
Advertisement
Exposure
Countries
FLMI
USA
38.36%
Other
61.64%
JMUB
USA
38.18%
Other
61.82%
Sectors
FLMI
Municipal
38.03%
Other
61.97%
JMUB
Municipal
37.1%
Other
62.9%
Advertisement
Diversification
FLMI
Total weight of top 15 holdings out of 15
19.5%
JMUB
Total weight of top 15 holdings out of 15
8.46%
Top 15 holdings
Data as of August 31, 2026
FLMI
Black Belt Energy Gas District, 5% 1oct2035, USD (2025)
2.08%
Southeast Energy Authority, 5% 1nov2035, USD (2024A)
1.67%
Kentucky Public Energy Authority, 5% 1may2036, USD (2025)
1.66%
Southeast Energy Authority, 5% 1jan2056, USD (2025A)
1.56%
California Community Choice Financing Authority, 5% 1mar2036, USD (2026B)
1.53%
Kentucky Public Energy Authority, 5% 1dec2033, USD (2025)
1.51%
US09182TGL52
1.44%
Kentucky Public Energy Authority, 5% 1jun2034, USD (2026)
1.33%
US592250EW01
1.21%
US771902HS55
1.09%
Texas Municipal Gas Acquisition and Supply Corp., 5% 1apr2036, USD (2026)
0.96%
US292723DZ39
0.93%
US717901CC45
0.89%
US60637AFM99
0.85%
Southeast Energy Authority, 5% 1nov2035, USD (2025H)
0.80%
JMUB
USA, Bills 0% 10sep2026, USD (182D)
1.08%
US25477GZQ18
0.75%
Black Belt Energy Gas District, 5% 1dec2034, USD (2026)
0.73%
Buckeye Tobacco Settlement Financing Authority, 5% 1jun2055, USD (2020B-2)
0.63%
California Health Facilities Financing Authority, 5% 15aug2065, USD (2026B-3)
0.63%
US796242WD34
0.62%
California Community Choice Financing Authority, 5.25% 1feb2036, USD (2026C)
0.57%
US64972JP283
0.51%
US20775DYT35
0.50%
US917393CY40
0.43%
US542691KA76
0.42%
Puerto Rico Sales Tax Financing Corp., 4.329% 1jul2040, USD
0.41%
US88283LLH77
0.41%
Main Street Natural Gas Inc., 5% 1dec2052, USD (2022B)
0.39%
US072581LQ29
0.38%
Frequently asked questions about FLMI and JMUB
How have the FLMI and JMUB ETFs performed in 2026?
As of October 23, 2026, FLMI is down -3.16% year-to-date (YTD), while JMUB has lost -0.76%. That puts JMUB better performer ahead so far this year.
Which ETF is attracting more investor money: FLMI or JMUB?
Year-to-date, the FLMI ETF saw +$1.13B in flows, compared to +$2.70B for JMUB.
Which ETF is more volatile: FLMI or JMUB?
Over the past year, FLMI had a volatility of 3.83%, while JMUB experienced 3.1%.
Which ETF is bigger: FLMI or JMUB?
As of October 23, 2026, FLMI holds $2.38 B in assets under management (AUM), while JMUB manages $8.91 B.
What sectors do the FLMI and JMUB ETFs invest in?
FLMI leans toward sectors like Municipal. Meanwhile, JMUB focuses on Municipal.
What are the top holdings of the FLMI ETF and JMUB ETF?
FLMI top holdings include Black Belt Energy Gas District, 5% 1oct2035, USD (2025), Southeast Energy Authority, 5% 1nov2035, USD (2024A) and Kentucky Public Energy Authority, 5% 1may2036, USD (2025). JMUB holds in its top three: USA, Bills 0% 10sep2026, USD (182D), US25477GZQ18 and Black Belt Energy Gas District, 5% 1dec2034, USD (2026).
Which ETF is more diversified: FLMI or JMUB?
FLMI holds 1414 securities with 19.5% of its assets in the top 15. JMUB has 2085 securities and a top 15 weight of 8.46%.
Advertisement
Latest news about FLMI & JMUB
Advertisement
