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CAAA vs SCIO

First Trust AAA CMBS ETF vs First Trust Structured Credit Income Opportunities ETF

CAAA

First Trust AAA CMBS ETF

First Trust

Annual cost

0.30%

Fund size

$33M

SCIO

First Trust Structured Credit Income Opportunities ETF

First Trust

Annual cost

0.70%

Fund size

$357M

Key differences

  • CAAA costs 0.40% less per year.
  • SCIO is significantly larger than CAAA — larger funds tend to be more liquid and less likely to close.

Side-by-side comparison

CAAASCIO
Annual cost (TER)0.30%0.70%
Fund size (AUM)$33M$357M
Since20242024
Dividend yield5.23%6.09%
Asset classalternativealternative
Regionnorth americanorth america
Strategymulti strategymulti strategy
CAGR 1Y+5.6%+7.7%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y3.04%3.83%
Max drawdown-2.24%-1.72%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to CAAA and SCIO