TFIvsFTNJETF Comparison
VS
State Street SPDR Nuveen ICE Municipal Bond ETF (TFI) and Franklin New Jersey Municipal Income ETF (FTNJ) belong to the same industry segment: Municipal Bonds. Both ETFs have the same top 1 sector exposures: Municipal. TFI is less expensive with a Total Expense Ratio (TER) of 0.23%, versus 0.35% for FTNJ. TFI is down -2.27% year-to-date (YTD) with +$8M in YTD flows. FTNJ performs worse with -3.08% YTD performance, and +$38M in YTD flows. Run a side-by-side ETF comparison of TFI and FTNJ below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
TFI vs FTNJ performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/22/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | TFI FTNJ | -2.54%-2.50% | -3.71%-4.23% | -2.27%-3.08% | -1.08%n/a | +7.84%n/a | -4.09%n/a |
| Flows | TFI FTNJ | -$127M+$6M | -$91M+$11M | +$8M+$38M | -$272M- | -$685M- | -$258M- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | TFI FTNJ | +3.31%+3.58% | +2.57%n/a | +4.03%n/a | +4.03%n/a |
| Max drawdown | TFI FTNJ | -4.07%-4.73% | -4.23%n/a | -6.06%n/a | -14.89%n/a |
| Max drawdown duration | TFI FTNJ | 78d84d | 205dn/a | 277dn/a | 1616dn/a |
Trading data
TFI | FTNJ | |
Last sale 9/23/2026 at 1:30 PM | $43.26 | $8.35 |
| Previous close 09/22/2026 | $43.55 | $8.43 |
| Consolidated volume 09/22/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of September 24, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
FTNJ
is actively managed and doesn’t replicate an indexTFI | FTNJ | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 9/23/2026 at 1:30 PM
Live
Closed
TFI | FTNJ | |
|---|---|---|
| Last price | $43.26 | $8.35 |
| 1D performance | -0.67% | -0.95% |
| AuM | $2.88 B | $171.81 M |
| E/R | 0.23% | 0.35% |
Characteristics
TFI | FTNJ | |
|---|---|---|
| Management strategy | Passive | Active |
| Provider | State Street Investment Management | Franklin Templeton |
| Benchmark | ICE 1+ Year AMT‑Free Broad Municipal Index | - |
| N° of holdings | 818 | 52 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 11, 2007 | November 10, 2025 |
| ESG | No | No |
Advertisement
Exposure
Countries
TFI
USA
42.65%
Other
57.35%
FTNJ
USA
42.4%
Other
57.6%
Sectors
TFI
Municipal
42.65%
Other
57.35%
FTNJ
Municipal
42.4%
Other
57.6%
Advertisement
Diversification
TFI
Total weight of top 15 holdings out of 15
2.89%
FTNJ
Total weight of top 15 holdings out of 15
27.02%
Top 15 holdings
Data as of July 31, 2026
TFI
California, 5% 1nov2027, USD
0.23%
City of New York, 5% 1aug2033, USD (2018)
0.21%
US91412HWK57
0.20%
US55844RWX87
0.20%
State of Washington, 5% 1feb2028, USD (2024A)
0.20%
Triborough Bridge and Tunnel Authority, 5% 15nov2028, USD (2023B)
0.20%
US574204S201
0.19%
US373385LV30
0.19%
US64972GE598
0.19%
US574193VL92
0.19%
California, 5% 1nov2032, USD
0.18%
US010831EC55
0.18%
US677523KE13
0.18%
US764581KP80
0.18%
Triborough Bridge and Tunnel Authority, 5% 15nov2049, USD (2026A-1)
0.17%
FTNJ
New Jersey Transportation Trust Fund Authority, 5.25% 15jun2050, USD (2024)
3.17%
New York and New Jersey Port Authority, 6.125% 1jun2094, USD (1994)
3.05%
US645790UQ77
1.99%
US443730PU48
1.98%
US646067FW31
1.98%
US37970PLW04
1.85%
US246343PA97
1.68%
Bastrop Independent School District, 5% 15feb2053, USD (2023)
1.63%
New Jersey Educational Facilities Authority, 5% 1jul2051, USD (2026)
1.58%
US838536MR84
1.58%
New Jersey Educational Facilities Authority, 4% 1jul2050, USD
1.57%
New York and New Jersey Port Authority, 5% 1nov2044, USD
1.27%
New Jersey Economic Development Authority, 5% 1oct2047, USD (2017)
1.24%
US645790CA28
1.22%
New Jersey Transportation Trust Fund Authority, 5.25% 15jun2041, USD
1.22%
Frequently asked questions about TFI and FTNJ
How have the TFI and FTNJ ETFs performed in 2026?
As of September 22, 2026, TFI is down -2.27% year-to-date (YTD), while FTNJ has lost -3.08%. That puts TFI better performer ahead so far this year.
Which ETF is attracting more investor money: TFI or FTNJ?
Year-to-date, the TFI ETF saw +$8M in flows, compared to +$38M for FTNJ.
Which ETF is bigger: TFI or FTNJ?
As of September 22, 2026, TFI holds $2.88 B in assets under management (AUM), while FTNJ manages $171.81 M.
What sectors do the TFI and FTNJ ETFs invest in?
TFI leans toward sectors like Municipal. Meanwhile, FTNJ focuses on Municipal.
What are the top holdings of the TFI ETF and FTNJ ETF?
TFI top holdings include California, 5% 1nov2027, USD, City of New York, 5% 1aug2033, USD (2018) and US91412HWK57. FTNJ holds in its top three: New Jersey Transportation Trust Fund Authority, 5.25% 15jun2050, USD (2024), New York and New Jersey Port Authority, 6.125% 1jun2094, USD (1994) and US645790UQ77.
Which ETF is more diversified: TFI or FTNJ?
TFI holds 1904 securities with 2.89% of its assets in the top 15. FTNJ has 155 securities and a top 15 weight of 27.02%.
Advertisement
Advertisement
