MUNAvsFTMNETF Comparison
ETF 1
MUNA
Northern Trust 2030 Tax-Exempt Distributing Ladder ETF
This fund is part of
Municipal Bonds
+0.06%
VS
Northern Trust 2030 Tax-Exempt Distributing Ladder ETF (MUNA) and Franklin Minnesota Municipal Income ETF (FTMN) 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. MUNA is less expensive with a Total Expense Ratio (TER) of 0.18%, versus 0.35% for FTMN. MUNA is up 1.54% year-to-date (YTD) with +$2M in YTD flows. FTMN performs worse with -3.68% YTD performance, and +$117M in YTD flows. Run a side-by-side ETF comparison of MUNA and FTMN 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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MUNA vs FTMN performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/29/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | MUNA FTMN | +1.72%+4.63% | +0.45%-3.06% | +1.54%-3.68% | +2.12%n/a | n/an/a | n/an/a |
| Flows | MUNA FTMN | -+$8M | -$1M+$91M | +$2M+$117M | +$3M- | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | MUNA FTMN | +1.61%+6.68% | +1.11%n/a | n/an/a | n/an/a |
| Max drawdown | MUNA FTMN | -1.61%-7.56% | -1.61%n/a | n/an/a | n/an/a |
| Max drawdown duration | MUNA FTMN | 59d77d | 59dn/a | n/an/a | n/an/a |
Trading data
MUNA | FTMN | |
Last sale 10/30/2026 at 1:30 PM | $100.10 | $8.51 |
| Previous close 10/29/2026 | $100.04 | $8.48 |
| Consolidated volume 10/29/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 10/30/2026 at 1:30 PM
Live
Closed
MUNA | FTMN | |
|---|---|---|
| Last price | $100.10 | $8.51 |
| 1D performance | +0.06% | +0.35% |
| AuM | $7.99 M | $279.62 M |
| E/R | 0.18% | 0.35% |
Characteristics
MUNA | FTMN | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | FlexShares | Franklin Templeton |
| Benchmark | - | - |
| N° of holdings | 35 | 28 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | August 19, 2025 | November 10, 2025 |
| ESG | No | No |
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Exposure
Countries
MUNA
USA
14.44%
Other
85.56%
FTMN
USA
17.3%
Other
82.7%
Sectors
MUNA
Municipal
14.44%
Other
85.56%
FTMN
Municipal
17.3%
Other
82.7%
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Diversification
MUNA
Total weight of top 15 holdings out of 15
19.48%
FTMN
Total weight of top 15 holdings out of 15
25.63%
Top 15 holdings
Data as of September 30, 2026
MUNA
US213651MR06
2.34%
US181342HU36
2.22%
US749845M592
1.41%
State of Ohio, 5% 1oct2027, USD (2019B)
1.28%
US564395TS05
1.28%
US45204EF949
1.27%
US228485LT39
1.23%
US812643UL69
1.22%
US735422NS20
1.14%
US577625T632
1.10%
US92937NDC56
1.09%
US602248LG95
0.99%
US217813BB94
0.99%
State of Washington, 5% 1jun2028, USD (2021F)
0.97%
US163103VP65
0.96%
FTMN
Minnesota Municipal Gas Energy, 5% 1sep2035, USD (2026A)
2.60%
St. Cloud, 5% 1may2054, USD (2024)
2.23%
US946813ZB17
2.05%
US771614UR33
2.04%
Puerto Rico Sales Tax Financing Corp., 4.329% 1jul2040, USD
1.73%
US771614UQ59
1.72%
US60412AN585
1.62%
US60416JDA51
1.59%
US60375BLR59
1.54%
US60375BLS33
1.52%
US60412PFX33
1.48%
Minneapolis, 4% 15nov2040, USD
1.47%
US573259CR76
1.44%
US604140XU23
1.33%
US742633VW74
1.28%
Frequently asked questions about MUNA and FTMN
How have the MUNA and FTMN ETFs performed in 2026?
As of October 29, 2026, MUNA is up 1.54% year-to-date (YTD), while FTMN has lost -3.68%. That puts MUNA better performer ahead so far this year.
Which ETF is attracting more investor money: MUNA or FTMN?
Year-to-date, the MUNA ETF saw +$2M in flows, compared to +$117M for FTMN.
Which ETF is bigger: MUNA or FTMN?
As of October 29, 2026, MUNA holds $7.99 M in assets under management (AUM), while FTMN manages $279.62 M.
What sectors do the MUNA and FTMN ETFs invest in?
MUNA leans toward sectors like Municipal. Meanwhile, FTMN focuses on Municipal.
What are the top holdings of the MUNA ETF and FTMN ETF?
MUNA top holdings include US213651MR06, US181342HU36 and US749845M592. FTMN holds in its top three: Minnesota Municipal Gas Energy, 5% 1sep2035, USD (2026A), St. Cloud, 5% 1may2054, USD (2024) and US946813ZB17.
Which ETF is more diversified: MUNA or FTMN?
MUNA holds 227 securities with 19.48% of its assets in the top 15. FTMN has 221 securities and a top 15 weight of 25.63%.
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Latest news about MUNA & FTMN
Ask the Manager: Dave Abner on the Rise of Distributing Ladder ETFs
February 10, 2026
MUNA
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