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FCEF vs FTSM

First Trust Income Opportunity ETF vs First Trust Enhanced Short Maturity ETF

FCEF

First Trust Income Opportunity ETF

First Trust

Annual cost

3.69%

Fund size

$75M

FTSM

First Trust Enhanced Short Maturity ETF

First Trust

Annual cost

0.29%

Fund size

$6.4B

Key differences

  • FTSM costs 3.40% less per year.
  • FTSM is significantly larger than FCEF — larger funds tend to be more liquid and less likely to close.
  • FCEF is classified as mixed asset, while FTSM is fixed income — different risk/return profiles.
  • FCEF follows a active selection strategy; FTSM uses index tracking.
  • Over the last 3 years, FCEF has delivered higher annualized returns.

Side-by-side comparison

FCEFFTSM
Annual cost (TER)3.69%0.29%
Fund size (AUM)$75M$6.4B
Since20162014
Dividend yield6.24%4.20%
Asset classmixed assetfixed income
Regionnorth america
Strategyactive selectionindex tracking
CAGR 1Y+18.7%+4.3%
CAGR 3Y+16.1%+4.9%
CAGR 5Y+6.5%+3.5%
Sharpe 3Y1.192.51
Volatility 1Y7.84%0.48%
Max drawdown-44.81%-4.12%

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

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