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FMHI vs MFLX

First Trust Municipal High Income ETF vs First Trust Flexible Municipal High Income ETF

FMHI

First Trust Municipal High Income ETF

Annual cost

0.49%

Fund size

$976M

MFLX

First Trust Flexible Municipal High Income ETF

Annual cost

0.75%

Fund size

$19M

Key differences

Both FMHI and MFLX are fixed income ETFs. FMHI charges 0.49% a year and MFLX 0.75%. The main difference: FMHI follows a index tracking strategy; MFLX uses active selection.

  • FMHI follows a index tracking strategy; MFLX uses active selection.
  • FMHI costs 0.26% less per year.
  • FMHI is much larger than MFLX. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

FMHIMFLX
Annual cost (TER)0.49%0.75%
Fund size (AUM)$976M$19M
Since20172016
Dividend yield4.26%4.09%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+8.5%+9.3%
CAGR 3Y+5.3%+5.6%
CAGR 5Y+0.9%-0.0%
Sharpe 3Y0.360.23
Volatility 1Y3.07%4.07%
Max drawdown-18.83%-26.76%

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

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