MBNDvsFTMHETF Comparison
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State Street SPDR Nuveen Municipal Bond ETF (MBND) and Franklin Municipal High Yield ETF (FTMH) belong to the same industry segment: Municipal Bonds. Both ETFs have the same top 1 sector exposures: Municipal. MBND is more expensive with a Total Expense Ratio (TER) of 0.4%, versus 0.35% for FTMH. MBND is down -0.68% year-to-date (YTD) with - in YTD flows. FTMH performs worse with -1.4% YTD performance, and +$41M in YTD flows. Run a side-by-side ETF comparison of MBND and FTMH 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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MBND vs FTMH performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/01/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | MBND FTMH | -0.45%-1.42% | -1.39%-3.09% | -0.68%-1.40% | +2.75%n/a | +10.21%n/a | +0.73%n/a |
| Flows | MBND FTMH | -+$13M | -+$9M | -+$41M | -$1M- | -$16M- | -$15M- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | MBND FTMH | +2.31%+4.15% | +2.24%n/a | +3.52%n/a | +3.35%n/a |
| Max drawdown | MBND FTMH | -1.98%-4.41% | -2.53%n/a | -5.17%n/a | -13.56%n/a |
| Max drawdown duration | MBND FTMH | 57d63d | 184dn/a | 190dn/a | 1456dn/a |
Trading data
MBND | FTMH | |
Last sale 9/2/2026 at 1:30 PM | $26.58 | $11.35 |
| Previous close 09/01/2026 | $26.56 | $11.38 |
| Consolidated volume 09/01/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 9/2/2026 at 1:30 PM
Live
Closed
MBND | FTMH | |
|---|---|---|
| Last price | $26.58 | $11.35 |
| 1D performance | +0.08% | -0.22% |
| AuM | $26.72 M | $567.94 M |
| E/R | 0.4% | 0.35% |
Characteristics
MBND | FTMH | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | State Street Investment Management | Franklin Templeton |
| Benchmark | - | - |
| N° of holdings | 23 | 96 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | February 4, 2021 | October 24, 2025 |
| ESG | No | No |
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Exposure
Countries
MBND
USA
28.34%
Other
71.66%
FTMH
USA
26.88%
Other
73.12%
Sectors
MBND
Municipal
28.34%
Other
71.66%
FTMH
Municipal
26.88%
Other
73.12%
Diversification
MBND
Total weight of top 15 holdings out of 15
36.72%
FTMH
Total weight of top 15 holdings out of 15
13.99%
Top 15 holdings
Data as of July 31, 2026
MBND
US040664NJ98
2.92%
US91756SAR40
2.83%
US64971PKD68
2.74%
New Mexico, 4% 1aug2039, USD (2017A)
2.73%
US797661G828
2.55%
Southeast Energy Authority, 5% 1nov2035, USD (2024A)
2.49%
US896032AK58
2.43%
US649451KJ96
2.42%
California Community Choice Financing Authority, 5% 1sep2032, USD (2024E)
2.38%
US56035DGB29
2.37%
US346843PW94
2.33%
Georgia Municipal Electric Authority, 5% 1jan2048, USD (2019B)
2.26%
US679111E426
2.18%
US677561KM32
2.06%
US594712ZR50
2.03%
FTMH
New York Transportation Development Corp., 6% 30jun2055, USD (2025)
1.65%
CSCDA Community Improvement Authority, 3.125% 1aug2056, USD (2021A-2)
1.29%
US389526AJ35
1.00%
Puerto Rico, 4% 1jul2041, USD
0.99%
US57420VSP93
0.97%
Illinois Finance Authority, 5% 15feb2047, USD (2017A)
0.96%
Detroit, 4% 1apr2044, USD
0.89%
US650116GY64
0.84%
Chicago Board of Education, 5.75% 1dec2050, USD (2025A)
0.84%
New York Liberty Development Corp., 3% 15sep2043, USD (2015B)
0.81%
New York Transportation Development Corp., 4% 1jan2036, USD (2018)
0.80%
US51404PAK57
0.77%
Kentucky Public Energy Authority, 5% 1dec2033, USD (2025)
0.74%
US88035RDN17
0.73%
US88035UPA96
0.72%
Frequently asked questions about MBND and FTMH
How have the MBND and FTMH ETFs performed in 2026?
As of September 1, 2026, MBND is down -0.68% year-to-date (YTD), while FTMH has lost -1.4%. That puts MBND better performer ahead so far this year.
Which ETF is attracting more investor money: MBND or FTMH?
Year-to-date, the MBND ETF saw - in flows, compared to +$41M for FTMH.
Which ETF is bigger: MBND or FTMH?
As of September 1, 2026, MBND holds $26.72 M in assets under management (AUM), while FTMH manages $567.94 M.
What sectors do the MBND and FTMH ETFs invest in?
MBND leans toward sectors like Municipal. Meanwhile, FTMH focuses on Municipal.
What are the top holdings of the MBND ETF and FTMH ETF?
MBND top holdings include US040664NJ98, US91756SAR40 and US64971PKD68. FTMH holds in its top three: New York Transportation Development Corp., 6% 30jun2055, USD (2025), CSCDA Community Improvement Authority, 3.125% 1aug2056, USD (2021A-2) and US389526AJ35.
Which ETF is more diversified: MBND or FTMH?
MBND holds 73 securities with 36.72% of its assets in the top 15. FTMH has 495 securities and a top 15 weight of 13.99%.
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