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FCEF vs FORH

First Trust Income Opportunity ETF vs Formidable ETF

FCEF

First Trust Income Opportunity ETF

Annual cost

3.69%

Fund size

$79M

FORH

Formidable ETF

Annual cost

1.19%

Fund size

$20M

Key differences

FCEF is a mixed asset ETF, while FORH is an alternative ETF. FCEF charges 3.69% a year and FORH 1.19%.

  • FCEF is a mixed asset fund, while FORH is an alternative fund. They carry different risk/return profiles.
  • FCEF follows a active selection strategy; FORH uses option income.
  • FORH costs 2.50% less per year.
  • FCEF is much larger than FORH. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, FCEF has delivered higher annualized returns.
  • FCEF has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FCEFFORH
Annual cost (TER)3.69%1.19%
Fund size (AUM)$79M$20M
Since20162021
Dividend yield6.19%1.73%
Asset classmixed assetalternative
Region
Strategyactive selectionoption income
CAGR 1Y+15.3%+9.5%
CAGR 3Y+15.6%+3.3%
CAGR 5Y+5.8%+0.9%
Sharpe 3Y1.150.06
Volatility 1Y7.87%16.05%
Max drawdown-44.81%-20.73%

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

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