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FCEF vs FTCB

First Trust Income Opportunity ETF vs First Trust Core Investment Grade ETF

FCEF

First Trust Income Opportunity ETF

First Trust

Annual cost

3.69%

Fund size

$75M

FTCB

First Trust Core Investment Grade ETF

First Trust

Annual cost

0.56%

Fund size

$2.4B

Key differences

  • FTCB costs 3.13% less per year.
  • FTCB is significantly larger than FCEF — larger funds tend to be more liquid and less likely to close.
  • FCEF is classified as mixed asset, while FTCB is fixed income — different risk/return profiles.
  • FCEF has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FCEFFTCB
Annual cost (TER)3.69%0.56%
Fund size (AUM)$75M$2.4B
Since20162023
Dividend yield6.24%4.85%
Asset classmixed assetfixed income
Regionnorth america
Strategyactive selectionactive selection
CAGR 1Y+18.7%+6.4%
CAGR 3Y+16.1%N/A
CAGR 5Y+6.5%N/A
Sharpe 3Y1.19N/A
Volatility 1Y7.84%4.09%
Max drawdown-44.81%-4.99%

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

Similar to FCEF and FTCB