Fidelity InvestmentsMuni National IntermediateFMUB · Nasdaq

Fidelity Municipal Bond Opportunities ETF (FMUB)

Compare Muni National Intermediate ETFs Compare with others

Price: $49.51; —11 Sept 2026
Assets: $259.4M; Total net assets
Expense ratio: 0.30%; Category 0.62%
Yield: 3.39%; Trailing distributions

1Y return: 0.7%+0.2%; Category 0.5%
3Y CAGR: —; Category 3.1%
5Y CAGR: —; Category 0.4%

Loading NAV history…

Fidelity Municipal Bond Opportunities ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	-2.4%	-2.4%	-1.6%	-0.7%	+0.7%	—	—	—	+4.1%
Muni National Intermediate average	-2.3%	-2.5%	-1.9%	-1.0%	0.5%	3.1%	0.4%	1.7%	1.6%
Difference	-0.2%	+0.1%	+0.3%	+0.3%	+0.2%	—	—	—	+2.5%

Holdings

Allocation as last published by the fund.

Credit quality

Share of the bonds by rating.

AAA7.9%
AA39.6%
A28.1%
BBB10.7%
BB3.1%
Other10.6%

Asset mix

Bonds94.8%
Cash6.5%

ETF details

Issuer: Fidelity Investments
Category: Fixed Income · Muni National Intermediate
Ticker: FMUB
Exchange: Nasdaq
Inception: 16 Feb 2023 (3.6 years)
Structure: Exchange Traded Fund
Expense ratio: 0.30% (category 0.62%)
Holdings turnover: 39% (category 43%)
Distribution yield: 3.39%
Beta, 3 years: 0.91
Total net assets: $259.4M
Average duration: 4.69 years
Average maturity: 10.05 years

Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

Other muni national intermediate ETFs

Other ETFs in the Muni National Intermediate category.

Compare Muni National Intermediate ETFs