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FIXD vs MFLX

First Trust Smith Opportunistic Fixed Income ETF vs First Trust Flexible Municipal High Income ETF

FIXD

First Trust Smith Opportunistic Fixed Income ETF

Annual cost

0.65%

Fund size

$3.3B

MFLX

First Trust Flexible Municipal High Income ETF

Annual cost

0.75%

Fund size

$19M

Key differences

Both FIXD and MFLX are fixed income ETFs. FIXD charges 0.65% a year and MFLX 0.75%. The main difference: FIXD costs 0.10% less per year.

  • FIXD costs 0.10% less per year.
  • FIXD is much larger than MFLX. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, MFLX has delivered higher annualized returns.

Side-by-side comparison

FIXDMFLX
Annual cost (TER)0.65%0.75%
Fund size (AUM)$3.3B$19M
Since20172016
Dividend yield4.68%4.09%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionactive selection
CAGR 1Y+5.0%+9.3%
CAGR 3Y+3.6%+5.6%
CAGR 5Y-0.4%-0.0%
Sharpe 3Y0.030.23
Volatility 1Y4.14%4.07%
Max drawdown-20.35%-26.76%

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

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