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FMB vs HISF

First Trust Managed Municipal ETF vs First Trust High Income Strategic Focus ETF

FMB

First Trust Managed Municipal ETF

First Trust

Annual cost

0.39%

Fund size

$2.0B

HISF

First Trust High Income Strategic Focus ETF

First Trust

Annual cost

0.83%

Fund size

$91M

Key differences

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

Side-by-side comparison

FMBHISF
Annual cost (TER)0.39%0.83%
Fund size (AUM)$2.0B$91M
Since20142014
Dividend yield3.48%4.94%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+6.0%+6.1%
CAGR 3Y+3.4%+4.7%
CAGR 5Y+0.6%+1.7%
Sharpe 3Y-0.030.28
Volatility 1Y2.67%3.36%
Max drawdown-14.16%-27.86%

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

Similar to FMB and HISF