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FMHI vs FPE

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

FMHI

First Trust Municipal High Income ETF

First Trust

Annual cost

0.49%

Fund size

$950M

FPE

First Trust Preferred Securities and Income ETF

First Trust

Annual cost

0.83%

Fund size

$6.4B

Key differences

  • FMHI costs 0.34% less per year.
  • FPE is significantly larger than FMHI — 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

FMHIFPE
Annual cost (TER)0.49%0.83%
Fund size (AUM)$950M$6.4B
Since20172013
Dividend yield4.25%5.83%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+7.8%+9.7%
CAGR 3Y+5.4%+11.0%
CAGR 5Y+1.0%+3.3%
Sharpe 3Y0.401.44
Volatility 1Y3.19%3.91%
Max drawdown-18.83%-33.35%

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

Similar to FMHI and FPE