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FMHI vs FUMB

First Trust Municipal High Income ETF vs First Trust Ultra Short Duration Municipal ETF

FMHI

First Trust Municipal High Income ETF

First Trust

Annual cost

0.49%

Fund size

$950M

FUMB

First Trust Ultra Short Duration Municipal ETF

First Trust

Annual cost

0.29%

Fund size

$229M

Key differences

  • FUMB costs 0.20% less per year.
  • FMHI is significantly larger than FUMB — 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

FMHIFUMB
Annual cost (TER)0.49%0.29%
Fund size (AUM)$950M$229M
Since20172018
Dividend yield4.25%2.82%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+7.1%+2.7%
CAGR 3Y+4.9%+3.0%
CAGR 5Y+0.8%+1.9%
Sharpe 3Y0.28-0.47
Volatility 1Y3.16%0.79%
Max drawdown-18.83%-2.68%

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

Similar to FMHI and FUMB