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FMNY vs FCAL

First Trust New York High Income Municipal ETF vs First Trust California Municipal High Income ETF

FMNY

First Trust New York High Income Municipal ETF

First Trust

Annual cost

0.49%

Fund size

$37M

FCAL

First Trust California Municipal High Income ETF

First Trust

Annual cost

0.49%

Fund size

$205M

Key differences

  • FCAL is significantly larger than FMNY — larger funds tend to be more liquid and less likely to close.

Side-by-side comparison

FMNYFCAL
Annual cost (TER)0.49%0.49%
Fund size (AUM)$37M$205M
Since20212017
Dividend yield3.68%3.32%
Asset classfixed incomefixed income
Regionnorth america
Strategyindex trackingindex tracking
CAGR 1Y+6.6%+5.7%
CAGR 3Y+3.4%+3.0%
CAGR 5Y+0.5%+0.6%
Sharpe 3Y-0.01-0.10
Volatility 1Y3.29%2.72%
Max drawdown-15.90%-14.81%

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

Similar to FMNY and FCAL