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FIXD vs SCIO

First Trust Smith Opportunistic Fixed Income ETF vs First Trust Structured Credit Income Opportunities ETF

FIXD

First Trust Smith Opportunistic Fixed Income ETF

First Trust

Annual cost

0.65%

Fund size

$3.4B

SCIO

First Trust Structured Credit Income Opportunities ETF

First Trust

Annual cost

0.70%

Fund size

$357M

Key differences

  • FIXD is significantly larger than SCIO — larger funds tend to be more liquid and less likely to close.
  • FIXD is classified as fixed income, while SCIO is alternative — different risk/return profiles.
  • FIXD follows a active selection strategy; SCIO uses multi strategy.
  • FIXD has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FIXDSCIO
Annual cost (TER)0.65%0.70%
Fund size (AUM)$3.4B$357M
Since20172024
Dividend yield4.66%6.09%
Asset classfixed incomealternative
Regionnorth americanorth america
Strategyactive selectionmulti strategy
CAGR 1Y+6.3%+7.7%
CAGR 3Y+3.4%N/A
CAGR 5Y-0.4%N/A
Sharpe 3Y0.01N/A
Volatility 1Y4.26%3.83%
Max drawdown-20.35%-1.72%

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

Similar to FIXD and SCIO