TAFMvsFTMUETF Comparison
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AB Tax-Aware Intermediate Municipal ETF (TAFM) and Franklin Municipal Income ETF (FTMU) belong to the same industry segment: Municipal Bonds. TAFM's top 2 sector exposures are Municipal and Industrials. In contrast, FTMU's top sector exposures are Municipal. TAFM is less expensive with a Total Expense Ratio (TER) of 0.28%, versus 0.3% for FTMU. TAFM is down -1.88% year-to-date (YTD) with +$650M in YTD flows. FTMU performs worse with -4.46% YTD performance, and +$24M in YTD flows. Run a side-by-side ETF comparison of TAFM 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.
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TAFM vs FTMU performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | TAFM FTMU | -0.42%-1.11% | -3.59%-5.53% | -1.88%-4.46% | -1.37%n/a | n/an/a | n/an/a |
| Flows | TAFM FTMU | +$286M+$26M | +$420M+$692K | +$650M+$24M | +$724M- | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | TAFM FTMU | +5.25%+6.31% | +3.27%n/a | n/an/a | n/an/a |
| Max drawdown | TAFM FTMU | -6.00%-7.74% | -6.61%n/a | n/an/a | n/an/a |
| Max drawdown duration | TAFM FTMU | 92d92d | 102dn/a | n/an/a | n/an/a |
Trading data
TAFM | FTMU | |
Last sale 10/16/2026 at 1:30 PM | $24.29 | $7.43 |
| Previous close 10/15/2026 | $24.23 | $7.42 |
| 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
TAFM | FTMU | |
|---|---|---|
| Last price | $24.29 | $7.43 |
| 1D performance | +0.25% | +0.13% |
| AuM | $1.07 B | $472.87 M |
| E/R | 0.28% | 0.3% |
Characteristics
TAFM | FTMU | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | AllianceBernstein | Franklin Templeton |
| Benchmark | - | - |
| N° of holdings | 253 | 80 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | December 13, 2023 | October 24, 2025 |
| ESG | No | No |
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Exposure
Countries
TAFM
USA
41.1%
Other
58.9%
FTMU
USA
39.82%
Other
60.18%
Sectors
TAFM
Municipal
40.89%
Other
59.11%
FTMU
Municipal
39.82%
Other
60.18%
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Diversification
TAFM
Total weight of top 15 holdings out of 15
7.34%
FTMU
Total weight of top 15 holdings out of 15
19.19%
Top 15 holdings
Data as of August 31, 2026
TAFM
Idaho, 4% 30jun2027, USD (2026)
0.67%
US915260FV02
0.66%
Maryland Economic Development Corp., 5.25% 30jun2055, USD (2022B)
0.57%
California Community Choice Financing Authority, 5% 1apr2056, USD (2026A-1)
0.49%
Kentucky Public Energy Authority, 5% 1may2036, USD (2025)
0.48%
Chicago Transit Authority, 5% 1dec2049, USD (2024A)
0.47%
US7485082P22
0.47%
New York Transitional Finance Authority, 5.25% 1may2055, USD (2026)
0.47%
US646140KU60
0.47%
US04780M7G87
0.46%
Wisconsin Public Finance Authority, 6.5% 30jun2060, USD (2025)
0.45%
California Community Choice Financing Authority, 5% 1aug2055, USD (2024C)
0.44%
US544446AS64
0.42%
Vail, 5.5% 1dec2064, USD (2025)
0.42%
New York Transportation Development Corp., 6% 30jun2059, USD (2025)
0.41%
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 TAFM and FTMU
How have the TAFM and FTMU ETFs performed in 2026?
As of October 16, 2026, TAFM is down -1.88% year-to-date (YTD), while FTMU has lost -4.46%. That puts TAFM better performer ahead so far this year.
Which ETF is attracting more investor money: TAFM or FTMU?
Year-to-date, the TAFM ETF saw +$650M in flows, compared to +$24M for FTMU.
Which ETF is bigger: TAFM or FTMU?
As of October 16, 2026, TAFM holds $1.07 B in assets under management (AUM), while FTMU manages $472.87 M.
What sectors do the TAFM and FTMU ETFs invest in?
TAFM leans toward sectors like Municipal. Meanwhile, FTMU focuses on Municipal.
What are the top holdings of the TAFM ETF and FTMU ETF?
TAFM top holdings include Idaho, 4% 30jun2027, USD (2026), US915260FV02 and Maryland Economic Development Corp., 5.25% 30jun2055, USD (2022B). 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: TAFM or FTMU?
TAFM holds 667 securities with 7.34% of its assets in the top 15. FTMU has 260 securities and a top 15 weight of 19.19%.
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