TAFMvsJHMUETF Comparison
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AB Tax-Aware Intermediate Municipal ETF (TAFM) and John Hancock Dynamic Municipal Bond ETF (JHMU) belong to the same industry segment: Municipal Bonds. TAFM's top 2 sector exposures are Municipal and Industrials. In contrast, JHMU's top sector exposures are Municipal. TAFM is less expensive with a Total Expense Ratio (TER) of 0.28%, versus 1.01% for JHMU. TAFM is down -1.88% year-to-date (YTD) with +$650M in YTD flows. JHMU performs better with -1.62% YTD performance, and +$54M in YTD flows. Run a side-by-side ETF comparison of TAFM 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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TAFM 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. | TAFM JHMU | -0.42%-0.23% | -3.59%-3.06% | -1.88%-1.62% | -1.37%-0.96% | n/an/a | n/an/a |
| Flows | TAFM JHMU | +$286M+$50M | +$420M+$51M | +$650M+$54M | +$724M+$63M | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | TAFM JHMU | +5.25%+4.89% | +3.27%+3.11% | n/an/a | n/an/a |
| Max drawdown | TAFM JHMU | -6.00%-5.48% | -6.61%-6.15% | n/an/a | n/an/a |
| Max drawdown duration | TAFM JHMU | 92d92d | 102d102d | n/an/a | n/an/a |
Trading data
TAFM | JHMU | |
Last sale 10/16/2026 at 1:30 PM | $24.29 | $25.10 |
| Previous close 10/15/2026 | $24.23 | $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
TAFM | JHMU | |
|---|---|---|
| Last price | $24.29 | $25.10 |
| 1D performance | +0.25% | +0.13% |
| AuM | $1.07 B | $93.43 M |
| E/R | 0.28% | 1.01% |
Characteristics
TAFM | JHMU | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | AllianceBernstein | John Hancock Investments |
| Benchmark | - | - |
| N° of holdings | 253 | 46 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | December 13, 2023 | October 31, 2023 |
| ESG | No | No |
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Exposure
Countries
TAFM
USA
41.1%
Other
58.9%
JHMU
USA
39.44%
Other
60.56%
Sectors
TAFM
Municipal
40.89%
Other
59.11%
JHMU
Municipal
39.44%
Other
60.56%
Diversification
TAFM
Total weight of top 15 holdings out of 15
7.34%
JHMU
Total weight of top 15 holdings out of 15
16.67%
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%
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 TAFM and JHMU
How have the TAFM and JHMU ETFs performed in 2026?
As of October 16, 2026, TAFM is down -1.88% year-to-date (YTD), while JHMU has lost -1.62%. That puts JHMU better performer ahead so far this year.
Which ETF is attracting more investor money: TAFM or JHMU?
Year-to-date, the TAFM ETF saw +$650M in flows, compared to +$54M for JHMU.
Which ETF is more volatile: TAFM or JHMU?
Over the past year, TAFM had a volatility of 3.27%, while JHMU experienced 3.11%.
Which ETF is bigger: TAFM or JHMU?
As of October 16, 2026, TAFM holds $1.07 B in assets under management (AUM), while JHMU manages $93.43 M.
What sectors do the TAFM and JHMU ETFs invest in?
TAFM leans toward sectors like Municipal. Meanwhile, JHMU focuses on Municipal.
What are the top holdings of the TAFM ETF and JHMU ETF?
TAFM top holdings include Idaho, 4% 30jun2027, USD (2026), US915260FV02 and Maryland Economic Development Corp., 5.25% 30jun2055, USD (2022B). JHMU holds in its top three: US735389P517, Black Belt Energy Gas District, 5% 1dec2034, USD (2026) and US34061UEX28.
Which ETF is more diversified: TAFM or JHMU?
TAFM holds 667 securities with 7.34% of its assets in the top 15. JHMU has 116 securities and a top 15 weight of 16.67%.
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