FMUBvsBKMIETF Comparison
VS
Fidelity Municipal Bond Opportunities ETF (FMUB) and BNY Mellon Municipal Intermediate ETF (BKMI) belong to the same industry segment: Municipal Bonds. FMUB's top 2 sector exposures are Municipal and Non-Corporate. In contrast, BKMI's top sector exposures are Municipal. FMUB is less expensive with a Total Expense Ratio (TER) of 0.3%, versus 0.35% for BKMI. Run a side-by-side ETF comparison of FMUB and BKMI 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
FMUB vs BKMI performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FMUB BKMI | -0.32%-0.03% | -3.01%-2.74% | -1.19%n/a | -0.73%n/a | n/an/a | n/an/a |
| Flows | FMUB BKMI | +$44M-$129M | +$62M-$109M | +$148M- | +$164M- | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FMUB BKMI | +5.00%+4.71% | +3.14%n/a | n/an/a | n/an/a |
| Max drawdown | FMUB BKMI | -5.46%-5.28% | -6.03%n/a | n/an/a | n/an/a |
| Max drawdown duration | FMUB BKMI | 92d92d | 102dn/a | n/an/a | n/an/a |
Trading data
FMUB | BKMI | |
Last sale 10/16/2026 at 1:30 PM | $49.11 | $25.26 |
| Previous close 10/15/2026 | $49.07 | $25.22 |
| Consolidated volume 10/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Advertisement
Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
FMUB | BKMI | |
|---|---|---|
| Last price | $49.11 | $25.26 |
| 1D performance | +0.08% | +0.17% |
| AuM | $288.02 M | $1.53 B |
| E/R | 0.3% | 0.35% |
Characteristics
FMUB | BKMI | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Fidelity | BNY Mellon |
| Benchmark | - | - |
| N° of holdings | 164 | 134 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | April 8, 2025 | January 9, 2026 |
| ESG | No | No |
Advertisement
Exposure
Countries
FMUB
USA
34.21%
Other
65.79%
BKMI
USA
34.18%
Other
65.82%
Sectors
FMUB
Municipal
26.63%
Non-Corporate
7.58%
Other
65.79%
BKMI
Municipal
34.18%
Other
65.82%
Advertisement
Diversification
FMUB
Total weight of top 15 holdings out of 15
18.46%
BKMI
Total weight of top 15 holdings out of 15
10.78%
Top 15 holdings
Data as of August 31, 2026
FMUB
Fidelity Municipal Cash Central Fund
7.58%
US54659LDS07
1.66%
Black Belt Energy Gas District, 5% 1jun2031, USD (2026)
0.91%
US56035DJJ28
0.80%
US23503CFM47
0.76%
US64987KDJ43
0.75%
San Antonio Electric and Gas Systems, FRN 1feb2055, USD (2026A)
0.75%
Florida Housing Finance Corp., 1.8% 1jul2036, USD (2021)
0.75%
US84136HCT86
0.72%
US52349EEY23
0.67%
Black Belt Energy Gas District, 5% 1nov2036, USD (2026)
0.66%
US88256FAU66
0.63%
Black Belt Energy Gas District, 5% 1dec2034, USD (2026)
0.61%
Black Belt Energy Gas District, 5% 1oct2033, USD (2026)
0.61%
University of Kansas Hospital Authority, 5.5% 1mar2054, USD (2026A)
0.60%
BKMI
US452227VK43
0.95%
New York Liberty Development Corp., 5% 15nov2044, USD
0.93%
US736742ZR10
0.82%
State of Washington, 5% 1jul2038, USD (2023B)
0.75%
Tobacco Settlement Financing Corp. (NJ), 5% 1jun2033, USD (2018A)
0.74%
US56682HDR75
0.71%
US59333APJ42
0.67%
New York Dormitory Authority, 5% 1oct2035, USD (2026A)
0.66%
Connecticut Health and Educational Facilities Authority, 5% 1jul2064, USD (2025B-2)
0.66%
US74445HAL42
0.66%
US59261A4U82
0.65%
US87638TJU88
0.65%
US56035DHT28
0.65%
US88283KCB26
0.65%
City of New York, 7.5% 1feb2021, USD (1992-G)
0.65%
Frequently asked questions about FMUB and BKMI
Which ETF is bigger: FMUB or BKMI?
As of October 16, 2026, FMUB holds $288.02 M in assets under management (AUM), while BKMI manages $1.53 B.
What sectors do the FMUB and BKMI ETFs invest in?
FMUB leans toward sectors like Municipal and Non-Corporate. Meanwhile, BKMI focuses on Municipal.
What are the top holdings of the FMUB ETF and BKMI ETF?
FMUB top holdings include Fidelity Municipal Cash Central Fund, US54659LDS07 and Black Belt Energy Gas District, 5% 1jun2031, USD (2026). BKMI holds in its top three: US452227VK43, New York Liberty Development Corp., 5% 15nov2044, USD and US736742ZR10.
Which ETF is more diversified: FMUB or BKMI?
FMUB holds 563 securities with 18.46% of its assets in the top 15. BKMI has 529 securities and a top 15 weight of 10.78%.
Advertisement
Advertisement
