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FMHI vs MEAR

First Trust Municipal High Income ETF vs iShares Short Maturity Municipal Bond Active ETF

FMHI

First Trust Municipal High Income ETF

Annual cost

0.49%

Fund size

$976M

MEAR

iShares Short Maturity Municipal Bond Active ETF

Annual cost

0.26%

Fund size

$1.4B

Key differences

Both FMHI and MEAR are fixed income ETFs. FMHI charges 0.49% a year and MEAR 0.26%. The main difference: FMHI follows a index tracking strategy; MEAR uses active selection.

  • FMHI follows a index tracking strategy; MEAR uses active selection.
  • MEAR costs 0.23% less per year.
  • Over the last three years, FMHI has delivered higher annualized returns.

Side-by-side comparison

FMHIMEAR
Annual cost (TER)0.49%0.26%
Fund size (AUM)$976M$1.4B
Since20172015
Dividend yield4.26%2.86%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+8.3%+3.2%
CAGR 3Y+5.5%+3.5%
CAGR 5Y+0.9%+2.4%
Sharpe 3Y0.40-0.08
Volatility 1Y3.07%0.86%
Max drawdown-18.83%-2.68%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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