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FMHI vs FDHY

First Trust Municipal High Income ETF vs Fidelity Enhanced High Yield ETF

FMHI

First Trust Municipal High Income ETF

Annual cost

0.49%

Fund size

$976M

FDHY

Fidelity Enhanced High Yield ETF

Annual cost

0.35%

Fund size

$522M

Key differences

Both FMHI and FDHY are fixed income ETFs. FMHI charges 0.49% a year and FDHY 0.35%. The main difference: FMHI follows a index tracking strategy; FDHY uses active selection.

  • FMHI follows a index tracking strategy; FDHY uses active selection.
  • FDHY costs 0.14% less per year.
  • Over the last three years, FDHY has delivered higher annualized returns.

Side-by-side comparison

FMHIFDHY
Annual cost (TER)0.49%0.35%
Fund size (AUM)$976M$522M
Since20172018
Dividend yield4.26%6.53%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+8.3%+8.2%
CAGR 3Y+5.5%+9.0%
CAGR 5Y+0.9%+4.0%
Sharpe 3Y0.401.03
Volatility 1Y3.07%3.59%
Max drawdown-18.83%-20.01%

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

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