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FCEF vs FTMA

First Trust Income Opportunity ETF vs Franklin Massachusetts Municipal Inc ETF

FCEF

First Trust Income Opportunity ETF

First Trust

Annual cost

3.69%

Fund size

$75M

FTMA

Franklin Massachusetts Municipal Inc ETF

Franklin Templeton Investments

Annual cost

0.35%

Fund size

$273M

Key differences

  • FTMA costs 3.34% less per year.
  • FTMA is significantly larger than FCEF — larger funds tend to be more liquid and less likely to close.
  • FCEF is classified as mixed asset, while FTMA is fixed income — different risk/return profiles.
  • FCEF follows a active selection strategy; FTMA uses index tracking.

Side-by-side comparison

FCEFFTMA
Annual cost (TER)3.69%0.35%
Fund size (AUM)$75M$273M
Since20162018
Dividend yield6.24%3.15%
Asset classmixed assetfixed income
Regionnorth america
Strategyactive selectionindex tracking
CAGR 1Y+19.6%N/A
CAGR 3Y+16.4%N/A
CAGR 5Y+6.8%N/A
Sharpe 3Y1.22N/A
Volatility 1Y7.86%
Max drawdown-44.81%-2.27%

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

Similar to FCEF and FTMA