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FMNY vs FTCB

First Trust New York High Income Municipal ETF vs First Trust Core Investment Grade ETF

FMNY

First Trust New York High Income Municipal ETF

First Trust

Annual cost

0.49%

Fund size

$37M

FTCB

First Trust Core Investment Grade ETF

First Trust

Annual cost

0.56%

Fund size

$2.4B

Key differences

  • FMNY costs 0.07% less per year.
  • FTCB is significantly larger than FMNY — larger funds tend to be more liquid and less likely to close.
  • FMNY follows a index tracking strategy; FTCB uses active selection.

Side-by-side comparison

FMNYFTCB
Annual cost (TER)0.49%0.56%
Fund size (AUM)$37M$2.4B
Since20212023
Dividend yield3.68%4.85%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+7.0%+6.7%
CAGR 3Y+4.0%N/A
CAGR 5Y+0.6%N/A
Sharpe 3Y0.11N/A
Volatility 1Y3.31%4.11%
Max drawdown-15.90%-4.99%

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

Similar to FMNY and FTCB