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FMHI vs MGOV

First Trust Municipal High Income ETF vs First Trust Intermediate Government Opportunities ETF

FMHI

First Trust Municipal High Income ETF

First Trust

Annual cost

0.49%

Fund size

$950M

MGOV

First Trust Intermediate Government Opportunities ETF

First Trust

Annual cost

0.49%

Fund size

$102M

Key differences

  • FMHI is significantly larger than MGOV — larger funds tend to be more liquid and less likely to close.
  • FMHI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FMHIMGOV
Annual cost (TER)0.49%0.49%
Fund size (AUM)$950M$102M
Since20172023
Dividend yield4.25%4.95%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+7.1%+7.3%
CAGR 3Y+4.9%N/A
CAGR 5Y+0.8%N/A
Sharpe 3Y0.28N/A
Volatility 1Y3.16%4.71%
Max drawdown-18.83%-6.11%

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

Similar to FMHI and MGOV