GNMAvsFTMUETF Comparison
VS
iShares GNMA Bond ETF (GNMA) belongs to the MBS & ABS segment. Franklin Municipal Income ETF (FTMU) is part of the Municipal Bonds segment. GNMA's top 2 sector exposures are Industrials and Non-Corporate. In contrast, FTMU's top sector exposures are Municipal. GNMA is less expensive with a Total Expense Ratio (TER) of 0.11%, versus 0.3% for FTMU. GNMA is down -1.93% year-to-date (YTD) with +$36M in YTD flows. FTMU performs worse with -4.53% YTD performance, and +$25M in YTD flows. Run a side-by-side ETF comparison of GNMA and FTMU 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
GNMA vs FTMU performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/19/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | GNMA FTMU | -1.10%-1.23% | -2.60%-5.44% | -1.93%-4.53% | -1.77%-4.72% | +17.90%n/a | +0.13%n/a |
| Flows | GNMA FTMU | -$15M+$30M | +$7M-$6M | +$36M+$25M | +$69M+$499M | +$124M- | -$12M- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | GNMA FTMU | +5.81%+6.36% | +4.51%+4.10% | +5.56%n/a | +6.56%n/a |
| Max drawdown | GNMA FTMU | -4.45%-7.60% | -5.36%-9.03% | -5.36%n/a | -15.48%n/a |
| Max drawdown duration | GNMA FTMU | 55d91d | 232d232d | 232dn/a | 1397dn/a |
Trading data
GNMA | FTMU | |
Last sale 10/19/2026 at 1:30 PM | $42.10 | $7.42 |
| Previous close 10/19/2026 | $42.27 | $7.43 |
| Consolidated volume 10/19/2026 | ||
| 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
FTMU
is actively managed and doesn’t replicate an indexGNMA | FTMU | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 10/19/2026 at 1:30 PM
Live
Closed
GNMA | FTMU | |
|---|---|---|
| Last price | $42.10 | $7.42 |
| 1D performance | -0.40% | -0.13% |
| AuM | $415.03 M | $472.92 M |
| E/R | 0.11% | 0.3% |
Characteristics
GNMA | FTMU | |
|---|---|---|
| Management strategy | Passive | Active |
| Provider | iShares | Franklin Templeton |
| Benchmark | Bloomberg U.S. GNMA Bond Index | - |
| N° of holdings | 109 | 80 |
| Asset class | Bonds | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | February 14, 2012 | October 24, 2025 |
| ESG | No | No |
Advertisement
Exposure
Countries
GNMA
USA
48.8%
Other
51.2%
FTMU
USA
39.82%
Other
60.18%
Sectors
GNMA
Industrials
39.92%
Non-Corporate
8.88%
Other
51.2%
FTMU
Municipal
39.82%
Other
60.18%
Advertisement
Diversification
GNMA
Total weight of top 15 holdings out of 15
33.91%
FTMU
Total weight of top 15 holdings out of 15
19.19%
Top 15 holdings
Data as of August 31, 2026
GNMA
BlackRock Cash Funds - Treasury
8.88%
G2 MA7192, 2% 20feb2051, USD (ABS)
2.59%
US3618N5XQ77
2.51%
G2 MA9360, 4.5% 20dec2053, USD (ABS)
2.42%
US21H0526945
1.97%
US36179WTX64
1.90%
G2 MA8878, 5% 20may2053, USD (ABS)
1.67%
G2 MB0025, 5% 20nov2054, USD (ABS)
1.64%
US36179WJR07
1.62%
G2 MA7880, 2% 20feb2052, USD (ABS)
1.59%
G2 MA8801, 5.5% 20apr2053, USD (ABS)
1.59%
G2 MA6864, 2% 20sep2050, USD (ABS)
1.44%
US36179WLP13
1.40%
US36179WFG87
1.38%
US3617NWEY42
1.32%
FTMU
New York Urban Development Corp., 5% 15mar2044, USD (2023A)
2.35%
US969878AB36
1.49%
Metropolitan Washington Airports Authority, 0% 1oct2037, USD (2010A, 9989D)
1.41%
Port of Houston Authority, 5% 1oct2048, USD (2023)
1.32%
Triborough Bridge and Tunnel Authority, 5.25% 15may2057, USD (2022A)
1.29%
US31350ACS50
1.25%
Black Belt Energy Gas District, 5% 1oct2035, USD (2025)
1.17%
South Carolina Jobs-Economic Development Authority, 5.5% 1nov2054, USD (2024A)
1.16%
US25476FA408
1.15%
New York Thruway Authority, 5% 15mar2054, USD (2022C)
1.15%
US97712D8M13
1.12%
US709224DV89
1.12%
US240471PF32
1.11%
California Community Choice Financing Authority, 5% 1mar2036, USD (2026B)
1.10%
US6446147E39
1.01%
Frequently asked questions about GNMA and FTMU
How have the GNMA and FTMU ETFs performed in 2026?
As of October 19, 2026, GNMA is down -1.93% year-to-date (YTD), while FTMU has lost -4.53%. That puts GNMA better performer ahead so far this year.
Which ETF is attracting more investor money: GNMA or FTMU?
Year-to-date, the GNMA ETF saw +$36M in flows, compared to +$25M for FTMU.
Which ETF is more volatile: GNMA or FTMU?
Over the past year, GNMA had a volatility of 4.51%, while FTMU experienced 4.1%.
Which ETF is bigger: GNMA or FTMU?
As of October 19, 2026, GNMA holds $415.03 M in assets under management (AUM), while FTMU manages $472.92 M.
What sectors do the GNMA and FTMU ETFs invest in?
GNMA leans toward sectors like Industrials and Non-Corporate. Meanwhile, FTMU focuses on Municipal.
What are the top holdings of the GNMA ETF and FTMU ETF?
GNMA top holdings include BlackRock Cash Funds - Treasury, G2 MA7192, 2% 20feb2051, USD (ABS) and US3618N5XQ77. FTMU holds in its top three: New York Urban Development Corp., 5% 15mar2044, USD (2023A), US969878AB36 and Metropolitan Washington Airports Authority, 0% 1oct2037, USD (2010A, 9989D).
Which ETF is more diversified: GNMA or FTMU?
GNMA holds 355 securities with 33.91% of its assets in the top 15. FTMU has 260 securities and a top 15 weight of 19.19%.
Advertisement
Advertisement
