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FMNY vs FSIG

First Trust New York High Income Municipal ETF vs First Trust Limited Duration Investment Grade Corporate ETF

FMNY

First Trust New York High Income Municipal ETF

First Trust

Annual cost

0.49%

Fund size

$37M

FSIG

First Trust Limited Duration Investment Grade Corporate ETF

First Trust

Annual cost

0.44%

Fund size

$1.5B

Key differences

  • FSIG is significantly larger than FMNY — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, FSIG has delivered higher annualized returns.

Side-by-side comparison

FMNYFSIG
Annual cost (TER)0.49%0.44%
Fund size (AUM)$37M$1.5B
Since20212021
Dividend yield3.68%4.60%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+6.6%+4.6%
CAGR 3Y+3.4%+5.0%
CAGR 5Y+0.5%N/A
Sharpe 3Y-0.010.50
Volatility 1Y3.29%2.27%
Max drawdown-15.90%-6.89%

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

Similar to FMNY and FSIG