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FMNYvsMUBETF Comparison

ETF 1

FMNY

First Trust New York Municipal High Income ETF

This fund is part of

Municipal Bonds

-0%

Full FMNY fund page

VS

ETF 2

MUB

iShares National Muni Bond ETF

This fund is part of

Municipal Bonds

-0%

Full MUB fund page

First Trust New York Municipal High Income ETF (FMNY) and iShares National Muni Bond ETF (MUB) belong to the same industry segment: Municipal Bonds. In contrast, MUB's top sector exposures are Municipal and Non-Corporate. FMNY is more expensive with a Total Expense Ratio (TER) of 0.49%, versus 0.05% for MUB. FMNY is down -1.79% year-to-date (YTD) with -$547K in YTD flows. MUB performs worse with -2.03% YTD performance, and +$11.48B in YTD flows. Run a side-by-side ETF comparison of FMNY and MUB 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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FMNY vs MUB performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 10/15/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	FMNY MUB	-0.67%-0.14%	-4.72%-3.29%	-1.79%-2.03%	-1.18%-1.45%	+7.45%+6.25%	-3.89%-2.01%
Flows	FMNY MUB	-$11M+$6.47B	-$11M+$7.36B	-$547K+$11.48B	+$2M+$13.13B	+$14M+$16.57B	+$14M+$30.97B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	FMNY MUB	+5.80%+5.07%	+3.59%+3.19%	+4.12%+3.67%	+3.94%+3.58%
Max drawdown	FMNY MUB	-7.03%-5.73%	-7.49%-6.40%	-7.49%-6.40%	-15.62%-11.55%
Max drawdown duration	FMNY MUB	88d92d	102d102d	102d102d	1746d1488d

Trading data

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	FMNY	MUB
Last sale 10/16/2026 at 1:30 PM	$25.22	$102.35
Previous close 10/15/2026	$25.18	$102.48
Consolidated volume 10/15/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of October 19, 2026

1-year trailing difference

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FMNY

is actively managed and doesn’t replicate an index

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	FMNY	MUB
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 10/16/2026 at 1:30 PM

Live

Closed

	FMNY	MUB
Last price	$25.22	$102.35
1D performance	+0.18%	-0.13%
AuM	$25.23 M	$51.05 B
E/R	0.49%	0.05%

Characteristics

	FMNY	MUB
Management strategy	Active	Passive
Provider	First Trust	iShares
Benchmark	-	ICE AMT-Free US National Municipal Index
N° of holdings	-	3823
Asset class	-	Fixed Income
Trailing 12m distribution yield	Join	Join
Inception date	May 13, 2021	September 7, 2007
ESG	No	No

More FMNY data on Trackinsight

More MUB data on Trackinsight

Exposure

Countries

FMNY

Data will be available soon

MUB

USA

56.95%

Other

43.05%

Sectors

FMNY

Data will be available soon

MUB

Municipal

56.94%

Other

43.06%

Diversification

FMNY

Data will be available soon

MUB

Total weight of top 15 holdings out of 15

1.93%

Top 15 holdings

Data as of January 1, 1970

FMNY

Data will be available soon

MUB

University of Texas, 5% 15aug2036, USD (2025B)

0.19%

US79642GTU66

0.15%

US650028ZA41

0.15%

New York Dormitory Authority, 4% 15feb2047, USD (2019D)

0.13%

Houston Higher Education Finance Corp., 5% 15may2034, USD (2024)

0.13%

New Jersey, 5% 1jun2028, USD

0.13%

Northwest Independent School District, 5.25% 15feb2055, USD (2025)

0.13%

Ohio State University, 5% 1jun2035, USD (2026)

0.12%

California, 5% 1sep2031, USD

0.12%

US93974EVY93

0.12%

Illinois, 5% 1nov2027, USD (2017D)

0.11%

East AWP Joint Powers Authority, 3.125% 1sep2026, USD (2024A)

0.11%

Chicago Transit Authority, 5% 1dec2049, USD (2024A)

0.11%

US812643ZK32

0.11%

US89602RPH20

0.11%

Frequently asked questions about FMNY and MUB

FMNYvsMUBETF Comparison

First Trust New York Municipal High Income ETF

iShares National Muni Bond ETF

FMNY vs MUB performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the FMNY and MUB ETFs performed in 2026?

As of October 15, 2026, FMNY is down -1.79% year-to-date (YTD), while MUB has lost -2.03%. That puts FMNY better performer ahead so far this year.

Which ETF is attracting more investor money: FMNY or MUB?

Year-to-date, the FMNY ETF saw -$547K in flows, compared to +$11.48B for MUB.

Which ETF is more volatile: FMNY or MUB?

Over the past year, FMNY had a volatility of 3.59%, while MUB experienced 3.19%.

Which ETF is bigger: FMNY or MUB?

As of October 15, 2026, FMNY holds $25.23 M in assets under management (AUM), while MUB manages $51.05 B.

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