Screener
FMHI vs TAFL
First Trust Municipal High Income ETF vs AB Tax-Aware Long Municipal ETF
Key differences
Both FMHI and TAFL are fixed income ETFs. FMHI charges 0.49% a year and TAFL 0.28%. The main difference: FMHI follows a index tracking strategy; TAFL uses active selection.
- FMHI follows a index tracking strategy; TAFL uses active selection.
- TAFL costs 0.21% less per year.
- FMHI is much larger than TAFL. Larger funds are usually 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
| FMHI | TAFL | |
|---|---|---|
| Annual cost (TER) | 0.49% | 0.28% |
| Fund size (AUM) | $976M | $58M |
| Since | 2017 | 2023 |
| Dividend yield | 4.26% | 4.12% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | index tracking | active selection |
| CAGR 1Y | +8.3% | +8.1% |
| CAGR 3Y | +5.5% | N/A |
| CAGR 5Y | +0.9% | N/A |
| Sharpe 3Y | 0.40 | N/A |
| Volatility 1Y | 3.07% | 4.27% |
| Max drawdown | -18.83% | -6.01% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.