TAFIvsJHMUETF Comparison
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AB Tax-Aware Short Duration Municipal ETF (TAFI) and John Hancock Dynamic Municipal Bond ETF (JHMU) belong to the same industry segment: Municipal Bonds. TAFI's top 3 sector exposures are Municipal, Industrials and Consumer Non-Cyclicals. In contrast, JHMU's top sector exposures are Municipal. TAFI is less expensive with a Total Expense Ratio (TER) of 0.27%, versus 1.01% for JHMU. TAFI is up 0.49% year-to-date (YTD) with +$397M in YTD flows. JHMU performs worse with -1.62% YTD performance, and +$54M in YTD flows. Run a side-by-side ETF comparison of TAFI and JHMU 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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TAFI vs JHMU performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | TAFI JHMU | -0.05%-0.23% | -0.78%-3.06% | +0.49%-1.62% | +0.92%-0.96% | +11.08%n/a | n/an/a |
| Flows | TAFI JHMU | +$75M+$50M | +$78M+$51M | +$397M+$54M | +$509M+$63M | +$1.26B- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | TAFI JHMU | +2.14%+4.89% | +1.34%+3.11% | +1.47%n/a | n/an/a |
| Max drawdown | TAFI JHMU | -2.23%-5.48% | -2.28%-6.15% | -2.28%n/a | n/an/a |
| Max drawdown duration | TAFI JHMU | 64d92d | 102d102d | 102dn/a | n/an/a |
Trading data
TAFI | JHMU | |
Last sale 10/16/2026 at 1:30 PM | $24.76 | $25.10 |
| Previous close 10/15/2026 | $24.74 | $25.07 |
| 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
TAFI | JHMU | |
|---|---|---|
| Last price | $24.76 | $25.10 |
| 1D performance | +0.08% | +0.13% |
| AuM | $1.44 B | $93.43 M |
| E/R | 0.27% | 1.01% |
Characteristics
TAFI | JHMU | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | AllianceBernstein | John Hancock Investments |
| Benchmark | - | - |
| N° of holdings | 237 | 46 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 13, 2022 | October 31, 2023 |
| ESG | No | No |
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Exposure
Countries
TAFI
USA
38.46%
Other
61.54%
JHMU
USA
39.44%
Other
60.56%
Sectors
TAFI
Municipal
37.95%
Other
62.05%
JHMU
Municipal
39.44%
Other
60.56%
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Diversification
TAFI
Total weight of top 15 holdings out of 15
12.84%
JHMU
Total weight of top 15 holdings out of 15
16.67%
Top 15 holdings
Data as of August 31, 2026
TAFI
Pennsylvania Economic Development Financing Authority, FRN 15may2053, USD
1.53%
US040507QB45
1.41%
US7485082P22
1.17%
City of New York, 5% 1feb2032, USD (2026)
1.05%
Colorado Health Facilities Authority, 5% 1sep2032, USD (2025A)
0.83%
US230589AB90
0.81%
Illinois Finance Authority, FRN 15nov2037, USD (2018)
0.77%
Revere, 4% 29jul2027, USD
0.75%
Miami-Dade School District, 4% 7jan2027, USD (2026)
0.74%
US09182TKL07
0.74%
Puerto Rico Sales Tax Financing Corp., 0% 1jul2029, USD (3792D)
0.73%
US745160TD34
0.66%
Orchard Park Central School District, 4% 30apr2027, USD (2026)
0.57%
US67756CGX02
0.57%
City of Los Angeles, 5% 24jun2027, USD (2026)
0.53%
JHMU
US735389P517
1.73%
Black Belt Energy Gas District, 5% 1dec2034, USD (2026)
1.71%
US34061UEX28
1.66%
Indiana Finance Authority, 3% 1nov2030, USD (2010A)
1.61%
US64579RDU86
0.92%
Connecticut Health and Educational Facilities Authority, 5% 1jul2036, USD
0.91%
Utility Debt Securitization Authority, 5% 15dec2041, USD (2025TE-2)
0.91%
US7436003H96
0.91%
US45130ABK07
0.90%
Maricopa Industrial Development Authority, 5% 1jan2038, USD (2026D)
0.90%
US57421CLQ59
0.90%
US79467BKC80
0.90%
US79467BKA25
0.90%
US091096PZ48
0.90%
US795576LT29
0.90%
Frequently asked questions about TAFI and JHMU
How have the TAFI and JHMU ETFs performed in 2026?
As of October 16, 2026, TAFI is up 0.49% year-to-date (YTD), while JHMU has lost -1.62%. That puts TAFI better performer ahead so far this year.
Which ETF is attracting more investor money: TAFI or JHMU?
Year-to-date, the TAFI ETF saw +$397M in flows, compared to +$54M for JHMU.
Which ETF is more volatile: TAFI or JHMU?
Over the past year, TAFI had a volatility of 1.34%, while JHMU experienced 3.11%.
Which ETF is bigger: TAFI or JHMU?
As of October 16, 2026, TAFI holds $1.44 B in assets under management (AUM), while JHMU manages $93.43 M.
What sectors do the TAFI and JHMU ETFs invest in?
TAFI leans toward sectors like Municipal. Meanwhile, JHMU focuses on Municipal.
What are the top holdings of the TAFI ETF and JHMU ETF?
TAFI top holdings include Pennsylvania Economic Development Financing Authority, FRN 15may2053, USD, US040507QB45 and US7485082P22. JHMU holds in its top three: US735389P517, Black Belt Energy Gas District, 5% 1dec2034, USD (2026) and US34061UEX28.
Which ETF is more diversified: TAFI or JHMU?
TAFI holds 691 securities with 12.84% of its assets in the top 15. JHMU has 116 securities and a top 15 weight of 16.67%.
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