Skip to content
Beacon
Screener

FMB vs FPE

First Trust Managed Municipal ETF vs First Trust Preferred Securities and Income ETF

FMB

First Trust Managed Municipal ETF

First Trust

Annual cost

0.39%

Fund size

$2.0B

FPE

First Trust Preferred Securities and Income ETF

First Trust

Annual cost

0.83%

Fund size

$6.4B

Key differences

  • FMB costs 0.44% less per year.
  • FPE is significantly larger than FMB — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, FPE has delivered higher annualized returns.

Side-by-side comparison

FMBFPE
Annual cost (TER)0.39%0.83%
Fund size (AUM)$2.0B$6.4B
Since20142013
Dividend yield3.48%5.83%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+6.7%+9.7%
CAGR 3Y+3.9%+11.0%
CAGR 5Y+0.8%+3.3%
Sharpe 3Y0.101.44
Volatility 1Y2.70%3.91%
Max drawdown-14.16%-33.35%

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

Similar to FMB and FPE