Screener
FCAL vs TAFL
First Trust California Municipal High Income ETF vs AB Tax-Aware Long Municipal ETF
Key differences
Both FCAL and TAFL are fixed income ETFs. FCAL charges 0.49% a year and TAFL 0.28%. The main difference: TAFL costs 0.21% less per year.
- TAFL costs 0.21% less per year.
- FCAL is much larger than TAFL. Larger funds are usually more liquid and less likely to close.
- FCAL has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| FCAL | TAFL | |
|---|---|---|
| Annual cost (TER) | 0.49% | 0.28% |
| Fund size (AUM) | $220M | $58M |
| Since | 2017 | 2023 |
| Dividend yield | 3.33% | 4.12% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | active selection | active selection |
| CAGR 1Y | +7.0% | +8.1% |
| CAGR 3Y | +3.7% | N/A |
| CAGR 5Y | +0.7% | N/A |
| Sharpe 3Y | 0.03 | N/A |
| Volatility 1Y | 2.70% | 4.27% |
| Max drawdown | -14.81% | -6.01% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.