FTMNvsMUNDETF Comparison
VS
ETF 2
MUND
Northern Trust 2055 Tax-Exempt Distributing Ladder ETF
This fund is part of
Municipal Bonds
-0%
Franklin Minnesota Municipal Income ETF (FTMN) and Northern Trust 2055 Tax-Exempt Distributing Ladder ETF (MUND) have similar underlying exposures to countries and sectors. They also belong to the same industry segment: Municipal Bonds. Both ETFs have the same top 1 sector exposures: Municipal. FTMN is more expensive with a Total Expense Ratio (TER) of 0.35%, versus 0.18% for MUND. FTMN is down -5.27% year-to-date (YTD) with +$112M in YTD flows. MUND performs better with -1.49% YTD performance, and -$238K in YTD flows. Run a side-by-side ETF comparison of FTMN and MUND 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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FTMN vs MUND performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FTMN MUND | -0.86%+1.07% | -5.52%-3.03% | -5.27%-1.49% | n/a-0.96% | n/an/a | n/an/a |
| Flows | FTMN MUND | -$2M+$6M | +$86M+$4M | +$112M-$238K | --$2M | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FTMN MUND | +6.54%+5.36% | n/a+3.39% | n/an/a | n/an/a |
| Max drawdown | FTMN MUND | -8.19%-6.25% | n/a-6.97% | n/an/a | n/an/a |
| Max drawdown duration | FTMN MUND | 92d92d | n/a102d | n/an/a | n/an/a |
Trading data
FTMN | MUND | |
Last sale 10/16/2026 at 1:30 PM | $8.32 | $98.85 |
| Previous close 10/15/2026 | $8.33 | $98.79 |
| Consolidated volume 10/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
FTMN | MUND | |
|---|---|---|
| Last price | $8.32 | $98.85 |
| 1D performance | -0.12% | +0.07% |
| AuM | $270.00 M | $7.89 M |
| E/R | 0.35% | 0.18% |
Characteristics
FTMN | MUND | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Franklin Templeton | FlexShares |
| Benchmark | - | - |
| N° of holdings | 27 | 20 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | November 10, 2025 | August 19, 2025 |
| ESG | No | No |
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Exposure
Countries
FTMN
USA
16.65%
Other
83.35%
MUND
USA
16.22%
Other
83.78%
Sectors
FTMN
Municipal
16.65%
Other
83.35%
MUND
Municipal
16.22%
Other
83.78%
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Diversification
FTMN
Total weight of top 15 holdings out of 15
26.36%
MUND
Total weight of top 15 holdings out of 15
31.22%
Top 15 holdings
Data as of August 31, 2026
FTMN
Minnesota Municipal Gas Energy, 5% 1sep2035, USD (2026A)
2.35%
St. Cloud, 5% 1may2054, USD (2024)
2.33%
US771614UR33
2.16%
US946813ZB17
2.10%
US771614UQ59
1.81%
Puerto Rico Sales Tax Financing Corp., 4.329% 1jul2040, USD
1.79%
US60416JDA51
1.69%
US60412AN585
1.66%
US60375BLR59
1.63%
US60375BLS33
1.62%
US573259CR76
1.57%
Minneapolis, 4% 15nov2040, USD
1.54%
US60412PFX33
1.45%
US604140XU23
1.36%
US946813ZA34
1.31%
MUND
Massachusetts Development Finance Agency, 5% 15may2055, USD (2025A-2)
3.18%
US549203WZ61
3.18%
US70252FAM68
3.08%
US03588JPC08
2.30%
US452227VK43
2.22%
US495033HC93
1.98%
US562895XK30
1.91%
US64972JWB06
1.84%
US267169HC76
1.83%
US261174FF89
1.79%
US866849W574
1.74%
US05914GFN34
1.64%
US774286FD54
1.63%
US79467BHP31
1.47%
US495033HF25
1.43%
Frequently asked questions about FTMN and MUND
How have the FTMN and MUND ETFs performed in 2026?
As of October 16, 2026, FTMN is down -5.27% year-to-date (YTD), while MUND has lost -1.49%. That puts MUND better performer ahead so far this year.
Which ETF is attracting more investor money: FTMN or MUND?
Year-to-date, the FTMN ETF saw +$112M in flows, compared to -$238K for MUND.
Which ETF is bigger: FTMN or MUND?
As of October 16, 2026, FTMN holds $270.00 M in assets under management (AUM), while MUND manages $7.89 M.
What sectors do the FTMN and MUND ETFs invest in?
FTMN leans toward sectors like Municipal. Meanwhile, MUND focuses on Municipal.
What are the top holdings of the FTMN ETF and MUND ETF?
FTMN top holdings include Minnesota Municipal Gas Energy, 5% 1sep2035, USD (2026A), St. Cloud, 5% 1may2054, USD (2024) and US771614UR33. MUND holds in its top three: Massachusetts Development Finance Agency, 5% 15may2055, USD (2025A-2), US549203WZ61 and US70252FAM68.
Which ETF is more diversified: FTMN or MUND?
FTMN holds 216 securities with 26.36% of its assets in the top 15. MUND has 98 securities and a top 15 weight of 31.22%.
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Latest news about FTMN & MUND
Ask the Manager: Dave Abner on the Rise of Distributing Ladder ETFs
February 10, 2026
MUND
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