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Deep DivesLast updated February 26, 2026

5.56 ammo types explained

M193, M855, soft point, OTM, and barrier rounds — what each type does and when to buy it.

IronScout provides observed price and availability data for 5.56 NATO ammunition across tracked online retailers. Data reflects historical price observations and does not include purchase recommendations.

Observed 30-Day Price Range (Per Round): median: 1.200, lowest: 0.194, highest: 4.000, sample size: 8851.

Lowest observed price in the trailing 7-day window: 0.170.

Prices last updated June 27, 2026 · 459 listings tracked across 9 retailers · 30 days with data in the 30-day window

How we calculate this

SQL PERCENTILE_CONT over daily-best per-product-per-day observed in-stock prices

  • Daily-best is MIN(price_per_round) per (caliber, product, UTC day).
  • Only in-stock observations included.
  • Coverage varies by retailer and source.

Why this matters

Walk into a gun store or search online for 5.56 NATO ammo and you'll see a wall of options: M193, M855, XM855, Mk262, TAP, Fusion, V-MAX, BTHP, OTM. They're all 5.56, but they behave very differently on impact. Choosing the wrong type wastes money at best and creates a safety issue at worst.

Here's what each type actually does.

M193 — 55gr FMJ (Range standard)

What it is: The original 5.56 NATO military ball round. A 55-grain full metal jacket bullet at approximately 2,950–3,050 fps from a 16" barrel (3,250 fps from the 20" military test barrel).

What it does: At close range (inside 100 yards), M193 fragments violently on impact with soft tissue when traveling above ~2,700 fps. This fragmentation is velocity-dependent — below that threshold, it pencils through like any FMJ.

When to buy it:

  • Range training (cheapest option)
  • Home defense on a budget from a 14.5"+ barrel (see Best 5.56 for Home Defense)
  • General plinking and target shooting

Typical price: $0.28–0.40/rd

What to know: M193 is not M855. They are not interchangeable terms. M193 is 55gr, M855 is 62gr with a steel penetrator. Many new AR owners confuse them.

M855 / SS109 — 62gr FMJ with steel penetrator (Green tip)

What it is: The current NATO standard ball round. A 62-grain bullet with a steel penetrator tip under the copper jacket. Identifiable by its green-painted tip.

What it does: The steel penetrator was designed to defeat light barriers (helmets, light cover) at extended range. Against soft tissue, M855 is actually less effective than M193 — the steel tip tends to hold the bullet together rather than allowing fragmentation. It often yaws (tumbles) rather than fragments, producing inconsistent wound channels.

When to buy it:

  • Barrier penetration scenarios
  • If your range requires it (some outdoor ranges prefer it for backstop reasons)
  • Stockpiling for general preparedness

When to avoid it:

  • Home defense (poor terminal performance compared to M193 or expanding rounds)
  • Indoor ranges (most ban steel-core due to backstop damage)
  • Hunting (illegal in some states as "non-expanding")

Typical price: $0.30–0.45/rd

Magnetic test: Run a magnet over the bullet tip. M855 sticks; M193 doesn't. This is how ranges check.

Mk262 / 77gr OTM — Match-grade combat round

What it is: A 77-grain open tip match (OTM) bullet, most commonly loaded by Black Hills Ammunition to a military specification developed by NSWC Crane. Sierra MatchKing 77gr is the typical projectile.

What it does: Despite being an "open tip" design, Mk262 fragments reliably at moderate velocities and delivers excellent accuracy (sub-MOA from quality barrels). It was developed for SOF units who needed both precision and terminal performance from 14.5" barrels.

When to buy it:

  • Precision shooting / competition
  • Defensive use where accuracy and terminal performance both matter
  • Duty-grade ammunition for a fighting rifle

When to consider alternatives:

  • The price. Mk262-spec ammo from Black Hills runs $1.00–1.50/rd. For range training, that's prohibitive.
  • Non-standard feed in some ARs. 77gr OTM can have feeding issues in rifles with tight chambers or certain magazine designs.

Typical price: $1.00–1.50/rd

Soft point (SP / JSP) — Hunting and barrier defense

What it is: A partially jacketed bullet with an exposed lead tip. On impact, the exposed lead deforms and expands, creating a larger wound channel than FMJ while penetrating deeper than frangible designs.

What it does: Controlled expansion — more predictable than fragmentation, less dependent on velocity. Soft points are the standard for hunting with .223 Remington and work well as defensive rounds through barriers.

Common loads:

  • Federal Fusion 62gr — bonded soft point, designed for MSR platforms
  • Hornady Soft Point 55gr — budget hunting option
  • Winchester Power-Point 64gr — traditional hunting load

When to buy it:

  • Hunting (where legal — check state regulations on caliber minimums for deer)
  • Home defense in short-barreled rifles where M193 won't reach fragmentation velocity
  • Duty/barrier use where bonded expansion is preferred over fragmentation

Typical price: $0.55–1.00/rd

Polymer tip — Varmint and defense

What it is: A hollow point filled with a polymer tip that initiates expansion on impact. The tip also improves aerodynamics for better long-range accuracy.

Common loads:

  • Hornady V-MAX 55gr — aggressive expansion, varmint and light defense
  • Hornady TAP / Frontier HP — V-MAX equivalent marketed for defense
  • Nosler Ballistic Tip 55gr — similar design, hunting-oriented

What it does: Explosive expansion at all velocities. Polymer tips are less velocity-dependent than M193 fragmentation, which makes them better choices for short barrels. The tradeoff is sometimes shallow penetration — they can break apart before reaching adequate depth in heavy-set individuals.

When to buy it:

  • Varmint hunting (coyote, prairie dog)
  • Home defense from short barrels (see Best 5.56 for Home Defense)
  • Where maximum expansion and reduced over-penetration are priorities

Typical price: $0.50–0.85/rd

Quick comparison table

TypeWeightTerminal effectBest forPrice range
M193 FMJ55grFragmentation (velocity-dependent)Range, budget HD$0.28–0.40
M855 Green Tip62grYaw/tumble (inconsistent)Barriers, stockpiling$0.30–0.45
Mk262 OTM77grFragmentation + accuracyPrecision, duty$1.00–1.50
Soft Point55–64grControlled expansionHunting, barrier defense$0.55–1.00
Polymer Tip55grAggressive expansionVarmint, short-barrel HD$0.50–0.85

What to buy (simplified)

Range training: M193 55gr FMJ — cheapest, universally available, runs in everything.

Home defense (16" barrel): M193 works. Hornady V-MAX or Federal Fusion if you want purpose-built.

Home defense (under 12" barrel): Skip M193. Go polymer tip or bonded soft point.

Hunting: Soft point or polymer tip, 55–62gr depending on game size. Check state caliber/bullet-type regulations.

Precision / competition: 77gr OTM (Mk262 spec or equivalent) for the best accuracy and terminal performance.

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