FTMAvsSPMBETF Comparison
VS
ETF 2
SPMB
State Street State Street SPDR Portfolio Mortgage Backed Bond ETF
This fund is part of
MBS & ABS
-0.04%
Franklin Massachusetts Municipal Income ETF (FTMA) belongs to the Municipal Bonds segment. State Street State Street SPDR Portfolio Mortgage Backed Bond ETF (SPMB) is part of the MBS & ABS segment. FTMA's top 1 sector exposures are Municipal. In contrast, SPMB's top sector exposures are Industrials, Finance and Government Agencies. FTMA is more expensive with a Total Expense Ratio (TER) of 0.35%, versus 0.04% for SPMB. FTMA is down -3.7% year-to-date (YTD) with +$48M in YTD flows. SPMB performs better with -1.82% YTD performance, and +$555M in YTD flows. Run a side-by-side ETF comparison of FTMA and SPMB 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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FTMA vs SPMB performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FTMA SPMB | -0.73%-0.29% | -4.57%-2.37% | -3.70%-1.82% | n/a-1.50% | n/a+16.97% | n/a-0.53% |
| Flows | FTMA SPMB | -$13M-$100M | -$6M+$98M | +$48M+$555M | -+$791M | -+$2.45B | -+$3.57B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FTMA SPMB | +5.55%+5.74% | n/a+4.63% | n/a+5.81% | n/a+6.78% |
| Max drawdown | FTMA SPMB | -6.59%-4.41% | n/a-5.57% | n/a-5.57% | n/a-17.04% |
| Max drawdown duration | FTMA SPMB | 92d52d | n/a229d | n/a229d | n/a1436d |
Trading data
FTMA | SPMB | |
Last sale 10/16/2026 at 1:30 PM | $8.63 | $21.38 |
| Previous close 10/15/2026 | $8.61 | $21.39 |
| 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 September 30, 2026
1-year trailing difference
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FTMA
is actively managed and doesn’t replicate an indexFTMA | SPMB | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
FTMA | SPMB | |
|---|---|---|
| Last price | $8.63 | $21.38 |
| 1D performance | +0.23% | -0.05% |
| AuM | $276.09 M | $6.87 B |
| E/R | 0.35% | 0.04% |
Characteristics
FTMA | SPMB | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Franklin Templeton | State Street Investment Management |
| Benchmark | - | Bloomberg U.S. MBS Index |
| N° of holdings | 45 | 566 |
| Asset class | - | Bonds |
| Trailing 12m distribution yield | Join | Join |
| Inception date | November 10, 2025 | January 15, 2009 |
| ESG | No | No |
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Exposure
Countries
FTMA
USA
31.27%
Other
68.73%
SPMB
USA
32.14%
Other
67.86%
Sectors
FTMA
Municipal
31.27%
Other
68.73%
SPMB
Industrials
31.8%
Other
68.2%
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Diversification
FTMA
Total weight of top 15 holdings out of 15
23.94%
SPMB
Total weight of top 15 holdings out of 15
9.79%
Top 15 holdings
Data as of August 31, 2026
FTMA
US57604TMC70
2.16%
Massachusetts Development Finance Agency, 5.75% 1jan2042, USD
2.08%
US57582TDX72
1.90%
US5755793L99
1.88%
Massachusetts, 5% 1jan2054, USD (2024)
1.88%
US575579B979
1.66%
Massachusetts Development Finance Agency, 4% 1oct2045, USD
1.58%
Massachusetts Development Finance Agency, 5.5% 15aug2050, USD (2025A)
1.53%
Massachusetts, 5% 1jun2050, USD (2022)
1.47%
US57586N6R72
1.45%
US661802WH79
1.39%
US111746KV47
1.26%
Massachusetts Bay Transportation Authority, 5% 1jul2052, USD
1.26%
US57585BEY02
1.24%
US57584Y5N53
1.19%
SPMB
US01F0526982
1.22%
US3142J6C840
1.13%
US01F0506927
0.95%
FN MA4547, 2% 1feb2052, USD (ABS)
0.76%
US3142J6BK85
0.73%
FR SD8212, 2.5% 1may2052, USD (ABS)
0.59%
US01F0606917
0.58%
US21H0526945
0.53%
US3132DWMY65
0.53%
G2 MB0424, 5.5% 20jun2055, USD (ABS)
0.52%
FN MA4701, 4.5% 1aug2052, USD (ABS)
0.49%
FN FA0608, 5.5% 1feb2055, USD (ABS)
0.47%
FN MA4465, 2% 1nov2051, USD (ABS)
0.45%
FR SD8193, 2% 1feb2052, USD (ABS)
0.43%
FN FS2040, 2% 1feb2052, USD (ABS)
0.43%
Frequently asked questions about FTMA and SPMB
How have the FTMA and SPMB ETFs performed in 2026?
As of October 16, 2026, FTMA is down -3.7% year-to-date (YTD), while SPMB has lost -1.82%. That puts SPMB better performer ahead so far this year.
Which ETF is attracting more investor money: FTMA or SPMB?
Year-to-date, the FTMA ETF saw +$48M in flows, compared to +$555M for SPMB.
Which ETF is bigger: FTMA or SPMB?
As of October 16, 2026, FTMA holds $276.09 M in assets under management (AUM), while SPMB manages $6.87 B.
What sectors do the FTMA and SPMB ETFs invest in?
FTMA leans toward sectors like Municipal. Meanwhile, SPMB focuses on Industrials.
What are the top holdings of the FTMA ETF and SPMB ETF?
FTMA top holdings include US57604TMC70, Massachusetts Development Finance Agency, 5.75% 1jan2042, USD and US57582TDX72. SPMB holds in its top three: US01F0526982, US3142J6C840 and US01F0506927.
Which ETF is more diversified: FTMA or SPMB?
FTMA holds 182 securities with 23.94% of its assets in the top 15. SPMB has 2738 securities and a top 15 weight of 9.79%.
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