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EMLP vs FMHI

First Trust North American Energy Infrastructure Fund vs First Trust Municipal High Income ETF

EMLP

First Trust North American Energy Infrastructure Fund

First Trust

Annual cost

0.95%

Fund size

$4.1B

FMHI

First Trust Municipal High Income ETF

First Trust

Annual cost

0.49%

Fund size

$950M

Key differences

  • FMHI costs 0.46% less per year.
  • EMLP is significantly larger than FMHI — larger funds tend to be more liquid and less likely to close.
  • EMLP is classified as equity, while FMHI is fixed income — different risk/return profiles.
  • Over the last 3 years, EMLP has delivered higher annualized returns.
  • EMLP has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

EMLPFMHI
Annual cost (TER)0.95%0.49%
Fund size (AUM)$4.1B$950M
Since20122017
Dividend yield2.69%4.25%
Asset classequityfixed income
Regionnorth america
Strategyindex trackingindex tracking
CAGR 1Y+22.5%+7.8%
CAGR 3Y+22.0%+5.4%
CAGR 5Y+16.6%+1.0%
Sharpe 3Y1.330.40
Volatility 1Y9.80%3.19%
Max drawdown-43.61%-18.83%

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

Similar to EMLP and FMHI