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FDHY vs MFLX

Fidelity Enhanced High Yield ETF vs First Trust Flexible Municipal High Income ETF

FDHY

Fidelity Enhanced High Yield ETF

Annual cost

0.35%

Fund size

$522M

MFLX

First Trust Flexible Municipal High Income ETF

Annual cost

0.75%

Fund size

$19M

Key differences

Both FDHY and MFLX are fixed income ETFs. FDHY charges 0.35% a year and MFLX 0.75%. The main difference: FDHY costs 0.40% less per year.

  • FDHY costs 0.40% less per year.
  • FDHY is much larger than MFLX. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, FDHY has delivered higher annualized returns.

Side-by-side comparison

FDHYMFLX
Annual cost (TER)0.35%0.75%
Fund size (AUM)$522M$19M
Since20182016
Dividend yield6.53%4.09%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionactive selection
CAGR 1Y+8.2%+9.2%
CAGR 3Y+9.0%+5.7%
CAGR 5Y+4.0%+0.0%
Sharpe 3Y1.030.25
Volatility 1Y3.59%4.07%
Max drawdown-20.01%-26.76%

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

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