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FLHY vs MFLX

Franklin High Yield Corporate ETF vs First Trust Flexible Municipal High Income ETF

FLHY

Franklin High Yield Corporate ETF

Annual cost

0.40%

Fund size

$1.2B

MFLX

First Trust Flexible Municipal High Income ETF

Annual cost

0.75%

Fund size

$19M

Key differences

Both FLHY and MFLX are fixed income ETFs. FLHY charges 0.40% a year and MFLX 0.75%. The main difference: FLHY follows a index tracking strategy; MFLX uses active selection.

  • FLHY follows a index tracking strategy; MFLX uses active selection.
  • FLHY costs 0.35% less per year.
  • FLHY is much larger than MFLX. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, FLHY has delivered higher annualized returns.

Side-by-side comparison

FLHYMFLX
Annual cost (TER)0.40%0.75%
Fund size (AUM)$1.2B$19M
Since20182016
Dividend yield6.44%4.09%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+7.5%+9.2%
CAGR 3Y+9.5%+5.7%
CAGR 5Y+4.7%+0.0%
Sharpe 3Y1.070.25
Volatility 1Y3.85%4.07%
Max drawdown-22.57%-26.76%

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

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