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FTMA vs MUB

Franklin Massachusetts Municipal Income ETF

FTMACNYSE Arca

iShares National Muni Bond ETF

MUBANYSE Arca

Overlap

No data

Expense ratio

MUB −0.30pt a year

FTMA0.35%MUB0.05%

Avg volume · 30D

MUB 33.3×the volume

FTMA279KMUB9.29M

FTMA vs MUB Performance

Dec 31, 2025 – Oct 30, 2026

−0.4%FTMA−0.4%MUB

Dec 31, 2025 to Oct 30, 2026. FTMA −0.4%. MUB −0.4%. Use the arrow keys to read each point.−4%−2%2%Dec 2025Jun 2026Oct 2026
Expense ratio
FTMA 0.35%
MUB 0.05%, better
Fund size
FTMA $279M
MUB $54.4B
1Y total return
FTMA No data
MUB +0.1%
Yield (12M)
FTMA No data
MUB 3.28%
Holdings
FTMA 188
MUB 7950
Avg volume (30D)
FTMA 279K sh
MUB 9.29M sh, better
NAV per share
FTMA $8.76
MUB $103.96
52W range

ETF.net Grade

FTMA: Cost 35, Risk 58, Mission 80, Tradability 60, Holdings 44, Durability 60. MUB: Cost 95, Risk 65, Mission 100, Tradability 69, Holdings 82, Durability 93.
Pillar letters and Scores for FTMA, MUB, with each pillar’s weight
PillarFTMAMUB
Cost30% weightD35A95Higher
Mission25% weightA80A100Higher
Risk15% weightB58B65Higher
Tradability15% weightB60B69Higher
Holdings10% weightC44A82Higher
Durability5% weightB60A93Higher

Rank among Other Municipal Bond funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. FTMA and MUB are both graded against the same 63 Other Municipal Bond funds, so their Grades compare head to head.

Other Municipal Bond⁠

Category · 63 funds
See all 63 ›

MUB ranks 2nd and FTMA 37th of 63 funds in the Other Municipal Bond Category.

  1. Rank 1AVTEBVanguard Tax-Exempt Bond ETFScore 88
  2. Rank 2AMUBiShares National Muni Bond ETFScore 86
  3. Rank 2ASCMBSchwab Municipal Bond ETFScore 86
  4. Rank 37BFLMBFranklin Municipal Green Bond ETFScore 55
  5. Rank 37CFTMAFranklin Massachusetts Municipal Income ETFScore 55
  6. Rank 37BFTMNFranklin Minnesota Municipal Income ETFScore 55

Our read on each fund

ETF.net Research

FTMACFranklin Massachusetts Municipal Income ETF

MUBAiShares National Muni Bond ETF

In short

FTMA No data

MUB Municipal bonds, indexed and cheap. Since 2007, MUB has packaged investment-grade national munis into tax-exempt monthly income for five basis points a year, and it sits among the deepest pools in the muni-ETF aisle.

Stated mandate

FTMA No data

MUB The fund seeks to track an index of investment-grade U.S. municipal bonds, providing diversified exposure to the national municipal-bond market and tax-exempt income.

Why people hold it

FTMA No data

  • MUB 0.05% a year against a muni-ETF median near 0.30%. In a category built on modest, tax-exempt yields, that fee gap is real money left in the fund.
  • The benchmark is AMT-free: the ICE AMT-Free US National Municipal Index screens out munis whose interest can be pulled into the alternative minimum tax.ishares.com
  • Tracks its index closely, one of the tighter jobs in its peer group, and distributes monthly. A multi-billion-dollar fund that trades actively.
  • Broad investment-grade exposure across the national muni market, spread over thousands of issuers rather than one state's budget.ishares.com

Worth knowing

FTMA No data

  • MUB Two rivals undercut it: VTEB and SCMB both run 0.03%. A two-basis-point gap is small, but it is a gap.
  • A bond fund with no maturity date to hold to. Share prices move with interest rates and muni credit conditions, both directions.
  • National by design, so no single-state tilt and no in-state tax angle. iShares runs state-specific muni funds such as NYF for that job.

Full FTMA profile⁠

Full MUB profile⁠

FTMA vs MUB Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

FTMA vs MUB Cost

Overpaying FTMA vs MUB

$6,066

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • FTMA 0.35%

    $7,126

  • MUB 0.05%

    $1,060

$10,000
30 years

Cost over time

  • FTMA 0.35%
  • MUB 0.05%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530FTMA $7,126MUB $1,060

Year by year

YearFTMAMUBOverpaying
10$634$92$542
20$2,454$360$2,094
30$7,126$1,060$6,066

Expense ratio

  • 0.35%FTMA
  • 0.05%MUB, cheaper
  • Middle half of Other Municipal Bond funds
  • Median 0.30%

MUB 3rd cheapest of 63 funds

FTMA 37th cheapest of 63 funds

FTMA vs MUB Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
FTMA No data
MUB 3.28%
Payout (12M)
FTMA No data
MUB $3.42
Last payment
FTMA $0.03
MUB $0.28
Ex-dividend
FTMA Oct 1, 2026
MUB Oct 1, 2026
Paid on
FTMA Oct 6, 2026
MUB Oct 6, 2026
Frequency
FTMA Monthly
MUB Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

FTMAMonthly · 11 paymentsAll FTMA payments⁠
One bar per payment. 11 payments from 2023 to 2026 YTD. Dec 1, 2025 $0.02; Dec 19, 2025 $0.03; Feb 2, 2026 $0.02; Mar 2, 2026 $0.02; Apr 1, 2026 $0.03; May 1, 2026 $0.03; Jun 1, 2026 $0.03; Jul 1, 2026 $0.03; Aug 3, 2026 $0.03; Sep 1, 2026 $0.03; Oct 1, 2026 $0.03. Use the arrow keys to read each point.$0$0.2520232026YTD
MUBMonthly · 45 paymentsAll MUB payments⁠
One bar per payment. 45 payments from 2023 to 2026 YTD. Feb 1, 2023 $0.22; Mar 1, 2023 $0.24; Apr 3, 2023 $0.23; May 1, 2023 $0.23; Jun 1, 2023 $0.23; Jul 3, 2023 $0.24; Aug 1, 2023 $0.24; Sep 1, 2023 $0.23; Oct 2, 2023 $0.24; Nov 1, 2023 $0.25; Dec 1, 2023 $0.25; Dec 14, 2023 $0.25; Feb 1, 2024 $0.26; Mar 1, 2024 $0.27; Apr 1, 2024 $0.26; May 1, 2024 $0.26; Jun 3, 2024 $0.28; Jul 1, 2024 $0.26; Aug 1, 2024 $0.26; Sep 3, 2024 $0.27; Oct 1, 2024 $0.28; Nov 1, 2024 $0.27; Dec 2, 2024 $0.27; Dec 18, 2024 $0.27; Feb 3, 2025 $0.27; Mar 3, 2025 $0.28; Apr 1, 2025 $0.28; May 1, 2025 $0.28; Jun 2, 2025 $0.28; Jul 1, 2025 $0.28; Aug 1, 2025 $0.28; Sep 2, 2025 $0.28; Oct 1, 2025 $0.29; Nov 3, 2025 $0.28; Dec 1, 2025 $0.29; Dec 19, 2025 $0.29; Feb 2, 2026 $0.28; Mar 2, 2026 $0.29; Apr 1, 2026 $0.28; May 1, 2026 $0.29; Jun 1, 2026 $0.28; Jul 1, 2026 $0.29; Aug 3, 2026 $0.29; Sep 1, 2026 $0.29; Oct 1, 2026 $0.28. Use the arrow keys to read each point.$0$0.2520232026YTD

FTMA vs MUB Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
FTMA No dataMUB 5.7%
Return per unit of riskSharpe ratio, 3 years
FTMA No dataMUB −0.03
Worst fallMax drawdown, 5 years
FTMA No dataMUB −11.6%
Market sensitivityBeta, 5 years
FTMA 0.13MUB 0.90

FTMA and MUB in the news

All news⁠

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