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BAB vs FMNY

Invesco Taxable Municipal Bond ETF vs First Trust New York High Income Municipal ETF

BAB

Invesco Taxable Municipal Bond ETF

Annual cost

0.28%

Fund size

$1.1B

FMNY

First Trust New York High Income Municipal ETF

Annual cost

0.49%

Fund size

$39M

Key differences

Both BAB and FMNY are fixed income ETFs. BAB charges 0.28% a year and FMNY 0.49%. The main difference: BAB costs 0.21% less per year.

  • BAB costs 0.21% less per year.
  • BAB is much larger than FMNY. Larger funds are usually more liquid and less likely to close.
  • BAB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

BABFMNY
Annual cost (TER)0.28%0.49%
Fund size (AUM)$1.1B$39M
Since20092021
Dividend yield4.09%3.69%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+6.3%+7.4%
CAGR 3Y+4.6%+4.1%
CAGR 5Y-0.4%+0.6%
Sharpe 3Y0.170.12
Volatility 1Y5.68%3.26%
Max drawdown-27.80%-15.90%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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