FUMBvsVTEBETF Comparison
VS
First Trust Enhanced Short Maturity Municipal ETF (FUMB) and Vanguard Tax-Exempt Bond Index ETF (VTEB) belong to the same industry segment: Municipal Bonds. In contrast, VTEB's top sector exposures are Municipal. FUMB is more expensive with a Total Expense Ratio (TER) of 0.29%, versus 0.03% for VTEB. FUMB is up 2.45% year-to-date (YTD) with +$59M in YTD flows. VTEB performs worse with -2.08% YTD performance, and +$10.89B in YTD flows. Run a side-by-side ETF comparison of FUMB and VTEB 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
FUMB vs VTEB performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/15/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FUMB VTEB | +0.04%-0.21% | +0.38%-3.46% | +2.45%-2.08% | +2.99%-1.57% | +9.79%+10.28% | +11.72%+1.27% |
| Flows | FUMB VTEB | +$27M+$5.04B | +$38M+$7.65B | +$59M+$10.89B | +$62M+$12.82B | +$25M+$24.62B | +$107M+$39.99B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FUMB VTEB | +0.80%+5.28% | +0.61%+3.33% | +0.47%+3.84% | +0.46%+3.82% |
| Max drawdown | FUMB VTEB | -0.62%-5.92% | -0.62%-6.63% | -0.62%-6.63% | -1.09%-12.41% |
| Max drawdown duration | FUMB VTEB | 45d92d | 45d102d | 45d102d | 442d1001d |
Trading data
FUMB | VTEB | |
Last sale 10/16/2026 at 1:30 PM | $20.01 | $48.00 |
| Previous close 10/15/2026 | $20.00 | $47.96 |
| 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
Create an account to view replication metrics
Join for free
FUMB
is actively managed and doesn’t replicate an indexFUMB | VTEB | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
FUMB | VTEB | |
|---|---|---|
| Last price | $20.01 | $48.00 |
| 1D performance | +0.05% | +0.08% |
| AuM | $282.77 M | $51.37 B |
| E/R | 0.29% | 0.03% |
Characteristics
FUMB | VTEB | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | First Trust | Vanguard |
| Benchmark | - | S&P National AMT-Free Municipal Bond Index |
| N° of holdings | - | 5200 |
| Asset class | - | Bonds |
| Trailing 12m distribution yield | Join | Join |
| Inception date | November 1, 2018 | August 21, 2015 |
| ESG | No | No |
Advertisement
Exposure
Countries
FUMB
Data will be available soon
VTEB
USA
55.18%
Other
44.82%
Sectors
FUMB
Data will be available soon
VTEB
Municipal
55.18%
Other
44.82%
Advertisement
Diversification
FUMB
Data will be available soon
VTEB
Total weight of top 15 holdings out of 15
1.57%
Top 15 holdings
Data as of January 1, 1970
FUMB
Data will be available soon
VTEB
US13063EUN48
0.16%
US13063EUP95
0.15%
City of New York, 5% 1aug2034, USD (2026)
0.12%
University of California, 5% 15may2036, USD (2025)
0.11%
US68608JXF38
0.10%
Idaho, 4% 30jun2027, USD (2026)
0.10%
US87638QBF54
0.10%
California, 5.25% 1aug2032, USD
0.10%
US646140KX00
0.10%
New Jersey Health Care Facilities Financing Authority, 1.9% 1jul2061, USD (2026B-1)
0.10%
City of New York, 5% 1aug2032, USD (2026)
0.09%
US574193YA01
0.09%
Wisconsin, 5% 1may2038, USD (2026)
0.09%
Triborough Bridge and Tunnel Authority, 5% 1feb2028, USD (2026A)
0.08%
Dallas Independent School District, 5% 15feb2056, USD (2026B)
0.08%
Frequently asked questions about FUMB and VTEB
How have the FUMB and VTEB ETFs performed in 2026?
As of October 15, 2026, FUMB is up 2.45% year-to-date (YTD), while VTEB has lost -2.08%. That puts FUMB better performer ahead so far this year.
Which ETF is attracting more investor money: FUMB or VTEB?
Year-to-date, the FUMB ETF saw +$59M in flows, compared to +$10.89B for VTEB.
Which ETF is more volatile: FUMB or VTEB?
Over the past year, FUMB had a volatility of 0.61%, while VTEB experienced 3.33%.
Which ETF is bigger: FUMB or VTEB?
As of October 15, 2026, FUMB holds $282.77 M in assets under management (AUM), while VTEB manages $51.37 B.
Advertisement
Latest news about FUMB & VTEB
The Weekly ETF Market Monitor (September 28-October 2, 2026)
October 2, 2026
VTEB
A Look at Vanguard's New Short-Term Tax-Exempt Bond ETF
April 21, 2023
VTEB
Vanguard plans to launch a new short-term municipal bond ETF in 2023
December 23, 2022
VTEB
Investing in Municipal Bond ETFs
October 24, 2022
VTEB
Advertisement
Advertisement
