Skip to content
Beacon
Screener

FMHI vs FMNY

First Trust Municipal High Income ETF vs First Trust New York High Income Municipal ETF

FMHI

First Trust Municipal High Income ETF

First Trust

Annual cost

0.49%

Fund size

$950M

FMNY

First Trust New York High Income Municipal ETF

First Trust

Annual cost

0.49%

Fund size

$37M

Key differences

  • FMHI is significantly larger than FMNY — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, FMHI has delivered higher annualized returns.

Side-by-side comparison

FMHIFMNY
Annual cost (TER)0.49%0.49%
Fund size (AUM)$950M$37M
Since20172021
Dividend yield4.25%3.68%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+7.1%+6.6%
CAGR 3Y+4.9%+3.4%
CAGR 5Y+0.8%+0.5%
Sharpe 3Y0.28-0.01
Volatility 1Y3.16%3.29%
Max drawdown-18.83%-15.90%

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

Similar to FMHI and FMNY