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Screener

FMHI vs SCMB

First Trust Municipal High Income ETF vs Schwab Municipal Bond ETF

FMHI

First Trust Municipal High Income ETF

Annual cost

0.49%

Fund size

$976M

SCMB

Schwab Municipal Bond ETF

Annual cost

0.03%

Fund size

$3.9B

Key differences

Both FMHI and SCMB are fixed income ETFs. FMHI charges 0.49% a year and SCMB 0.03%. The main difference: SCMB costs 0.46% less per year.

  • SCMB costs 0.46% less per year.
  • SCMB is much larger than FMHI. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, FMHI has delivered higher annualized returns.
  • FMHI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FMHISCMB
Annual cost (TER)0.49%0.03%
Fund size (AUM)$976M$3.9B
Since20172022
Dividend yield4.26%3.56%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+8.3%+6.4%
CAGR 3Y+5.5%+3.3%
CAGR 5Y+0.9%N/A
Sharpe 3Y0.40-0.05
Volatility 1Y3.07%2.89%
Max drawdown-18.83%-6.13%

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

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