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FCAL vs TAFM

First Trust California Municipal High Income ETF vs AB Tax-Aware Intermediate Municipal ETF

FCAL

First Trust California Municipal High Income ETF

Annual cost

0.49%

Fund size

$220M

TAFM

AB Tax-Aware Intermediate Municipal ETF

Annual cost

0.28%

Fund size

$612M

Key differences

Both FCAL and TAFM are fixed income ETFs. FCAL charges 0.49% a year and TAFM 0.28%. The main difference: TAFM costs 0.21% less per year.

  • TAFM costs 0.21% less per year.
  • FCAL has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FCALTAFM
Annual cost (TER)0.49%0.28%
Fund size (AUM)$220M$612M
Since20172023
Dividend yield3.33%3.67%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionactive selection
CAGR 1Y+7.0%+7.4%
CAGR 3Y+3.7%N/A
CAGR 5Y+0.7%N/A
Sharpe 3Y0.03N/A
Volatility 1Y2.70%3.13%
Max drawdown-14.81%-4.74%

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

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