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FCEF vs MFLX

First Trust Income Opportunity ETF vs First Trust Flexible Municipal High Income ETF

FCEF

First Trust Income Opportunity ETF

Annual cost

3.69%

Fund size

$79M

MFLX

First Trust Flexible Municipal High Income ETF

Annual cost

0.75%

Fund size

$19M

Key differences

FCEF is a mixed asset ETF, while MFLX is a fixed income ETF. FCEF charges 3.69% a year and MFLX 0.75%.

  • FCEF is a mixed asset fund, while MFLX is a fixed income fund. They carry different risk/return profiles.
  • MFLX costs 2.94% less per year.
  • FCEF is much larger than MFLX. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, FCEF has delivered higher annualized returns.

Side-by-side comparison

FCEFMFLX
Annual cost (TER)3.69%0.75%
Fund size (AUM)$79M$19M
Since20162016
Dividend yield6.19%4.09%
Asset classmixed assetfixed income
Regionnorth america
Strategyactive selectionactive selection
CAGR 1Y+14.2%+9.3%
CAGR 3Y+15.4%+5.6%
CAGR 5Y+5.7%-0.0%
Sharpe 3Y1.130.23
Volatility 1Y7.83%4.07%
Max drawdown-44.81%-26.76%

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

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