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FMHI vs TAFI

First Trust Municipal High Income ETF vs AB Tax-Aware Short Duration Municipal ETF

FMHI

First Trust Municipal High Income ETF

Annual cost

0.49%

Fund size

$976M

TAFI

AB Tax-Aware Short Duration Municipal ETF

Annual cost

0.27%

Fund size

$1.3B

Key differences

Both FMHI and TAFI are fixed income ETFs. FMHI charges 0.49% a year and TAFI 0.27%. The main difference: FMHI follows a index tracking strategy; TAFI uses active selection.

  • FMHI follows a index tracking strategy; TAFI uses active selection.
  • TAFI costs 0.22% less per year.
  • 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

FMHITAFI
Annual cost (TER)0.49%0.27%
Fund size (AUM)$976M$1.3B
Since20172022
Dividend yield4.26%3.17%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+8.3%+3.8%
CAGR 3Y+5.5%+3.7%
CAGR 5Y+0.9%N/A
Sharpe 3Y0.400.04
Volatility 1Y3.07%1.46%
Max drawdown-18.83%-2.14%

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

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