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FMHI vs HISF

First Trust Municipal High Income ETF vs First Trust High Income Strategic Focus ETF

FMHI

First Trust Municipal High Income ETF

First Trust

Annual cost

0.49%

Fund size

$950M

HISF

First Trust High Income Strategic Focus ETF

First Trust

Annual cost

0.83%

Fund size

$91M

Key differences

  • FMHI costs 0.34% less per year.
  • FMHI is significantly larger than HISF — larger funds tend to be more liquid and less likely to close.

Side-by-side comparison

FMHIHISF
Annual cost (TER)0.49%0.83%
Fund size (AUM)$950M$91M
Since20172014
Dividend yield4.25%4.94%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+7.1%+6.1%
CAGR 3Y+4.9%+4.7%
CAGR 5Y+0.8%+1.7%
Sharpe 3Y0.280.28
Volatility 1Y3.16%3.36%
Max drawdown-18.83%-27.86%

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

Similar to FMHI and HISF