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FMHI vs TAFM

First Trust Municipal High Income ETF vs AB Tax-Aware Intermediate Municipal ETF

FMHI

First Trust Municipal High Income ETF

Annual cost

0.49%

Fund size

$976M

TAFM

AB Tax-Aware Intermediate Municipal ETF

Annual cost

0.28%

Fund size

$612M

Key differences

Both FMHI and TAFM are fixed income ETFs. FMHI charges 0.49% a year and TAFM 0.28%. The main difference: FMHI follows a index tracking strategy; TAFM uses active selection.

  • FMHI follows a index tracking strategy; TAFM uses active selection.
  • TAFM costs 0.21% less per year.
  • FMHI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FMHITAFM
Annual cost (TER)0.49%0.28%
Fund size (AUM)$976M$612M
Since20172023
Dividend yield4.26%3.67%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+8.3%+7.4%
CAGR 3Y+5.5%N/A
CAGR 5Y+0.9%N/A
Sharpe 3Y0.40N/A
Volatility 1Y3.07%3.13%
Max drawdown-18.83%-4.74%

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

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