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FMHI vs NEAR

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

FMHI

First Trust Municipal High Income ETF

Annual cost

0.49%

Fund size

$976M

NEAR

iShares Short Duration Bond Active ETF

Annual cost

0.25%

Fund size

$4.6B

Key differences

Both FMHI and NEAR are fixed income ETFs. FMHI charges 0.49% a year and NEAR 0.25%. The main difference: FMHI follows a index tracking strategy; NEAR uses active selection.

  • FMHI follows a index tracking strategy; NEAR uses active selection.
  • NEAR costs 0.24% less per year.
  • NEAR is much larger than FMHI. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

FMHINEAR
Annual cost (TER)0.49%0.25%
Fund size (AUM)$976M$4.6B
Since20172013
Dividend yield4.26%4.47%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+8.3%+4.1%
CAGR 3Y+5.5%+5.6%
CAGR 5Y+0.9%+3.9%
Sharpe 3Y0.401.18
Volatility 1Y3.07%1.37%
Max drawdown-18.83%-9.61%

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

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