Screener
FIXD vs FMHI
First Trust Smith Opportunistic Fixed Income ETF vs First Trust Municipal High Income ETF
Key differences
Both FIXD and FMHI are fixed income ETFs. FIXD charges 0.65% a year and FMHI 0.49%. The main difference: FIXD follows a active selection strategy; FMHI uses index tracking.
- FIXD follows a active selection strategy; FMHI uses index tracking.
- FMHI costs 0.16% less per year.
- FIXD is much larger than FMHI. Larger funds are usually more liquid and less likely to close.
- Over the last three years, FMHI has delivered higher annualized returns.
Side-by-side comparison
| FIXD | FMHI | |
|---|---|---|
| Annual cost (TER) | 0.65% | 0.49% |
| Fund size (AUM) | $3.3B | $976M |
| Since | 2017 | 2017 |
| Dividend yield | 4.68% | 4.26% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | active selection | index tracking |
| CAGR 1Y | +5.0% | +8.5% |
| CAGR 3Y | +3.6% | +5.3% |
| CAGR 5Y | -0.4% | +0.9% |
| Sharpe 3Y | 0.03 | 0.36 |
| Volatility 1Y | 4.14% | 3.07% |
| Max drawdown | -20.35% | -18.83% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.