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FMHI vs SCIO

First Trust Municipal High Income ETF vs First Trust Structured Credit Income Opportunities ETF

FMHI

First Trust Municipal High Income ETF

First Trust

Annual cost

0.49%

Fund size

$950M

SCIO

First Trust Structured Credit Income Opportunities ETF

First Trust

Annual cost

0.70%

Fund size

$357M

Key differences

  • FMHI costs 0.21% less per year.
  • FMHI is classified as fixed income, while SCIO is alternative — different risk/return profiles.
  • FMHI follows a index tracking strategy; SCIO uses multi strategy.
  • FMHI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FMHISCIO
Annual cost (TER)0.49%0.70%
Fund size (AUM)$950M$357M
Since20172024
Dividend yield4.25%6.09%
Asset classfixed incomealternative
Regionnorth americanorth america
Strategyindex trackingmulti strategy
CAGR 1Y+7.1%+7.7%
CAGR 3Y+4.9%N/A
CAGR 5Y+0.8%N/A
Sharpe 3Y0.28N/A
Volatility 1Y3.16%3.83%
Max drawdown-18.83%-1.72%

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

Similar to FMHI and SCIO