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CALI vs MFLX

iShares Short-Term California Muni Active ETF vs First Trust Flexible Municipal High Income ETF

CALI

iShares Short-Term California Muni Active ETF

Annual cost

0.20%

Fund size

$361M

MFLX

First Trust Flexible Municipal High Income ETF

Annual cost

0.75%

Fund size

$19M

Key differences

Both CALI and MFLX are fixed income ETFs. CALI charges 0.20% a year and MFLX 0.75%. The main difference: CALI costs 0.55% less per year.

  • CALI costs 0.55% less per year.
  • CALI is much larger than MFLX. Larger funds are usually more liquid and less likely to close.
  • MFLX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

CALIMFLX
Annual cost (TER)0.20%0.75%
Fund size (AUM)$361M$19M
Since20232016
Dividend yield2.54%4.09%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionactive selection
CAGR 1Y+2.9%+9.2%
CAGR 3YN/A+5.7%
CAGR 5YN/A+0.0%
Sharpe 3YN/A0.25
Volatility 1Y0.76%4.07%
Max drawdown-0.78%-26.76%

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

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