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CMF vs FMHI

iShares California Muni Bond ETF vs First Trust Municipal High Income ETF

CMF

iShares California Muni Bond ETF

Annual cost

0.08%

Fund size

$4.4B

FMHI

First Trust Municipal High Income ETF

Annual cost

0.49%

Fund size

$976M

Key differences

Both CMF and FMHI are fixed income ETFs. CMF charges 0.08% a year and FMHI 0.49%. The main difference: CMF costs 0.41% less per year.

  • CMF costs 0.41% less per year.
  • CMF is much larger than FMHI. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, FMHI has delivered higher annualized returns.
  • CMF has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

CMFFMHI
Annual cost (TER)0.08%0.49%
Fund size (AUM)$4.4B$976M
Since20072017
Dividend yield2.96%4.26%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+6.6%+8.3%
CAGR 3Y+3.3%+5.5%
CAGR 5Y+0.7%+0.9%
Sharpe 3Y-0.060.40
Volatility 1Y2.79%3.07%
Max drawdown-14.57%-18.83%

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

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