Screener
FMHI vs FIXD
First Trust Municipal High Income ETF vs First Trust Smith Opportunistic Fixed Income ETF
Key differences
Both FMHI and FIXD are fixed income ETFs. FMHI charges 0.49% a year and FIXD 0.65%. The main difference: FMHI follows a index tracking strategy; FIXD uses active selection.
- FMHI follows a index tracking strategy; FIXD uses active selection.
- FMHI costs 0.16% less per year.
- FIXD is much larger than FMHI. Larger funds are usually more liquid and less likely to close.
- Over the last three years, FMHI has delivered higher annualized returns.
Side-by-side comparison
| FMHI | FIXD | |
|---|---|---|
| Annual cost (TER) | 0.49% | 0.65% |
| Fund size (AUM) | $976M | $3.3B |
| Since | 2017 | 2017 |
| Dividend yield | 4.26% | 4.68% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | index tracking | active selection |
| CAGR 1Y | +8.5% | +5.0% |
| CAGR 3Y | +5.3% | +3.6% |
| CAGR 5Y | +0.9% | -0.4% |
| Sharpe 3Y | 0.36 | 0.03 |
| Volatility 1Y | 3.07% | 4.14% |
| Max drawdown | -18.83% | -20.35% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.