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FMNY vs HISF

First Trust New York High Income Municipal ETF vs First Trust High Income Strategic Focus ETF

FMNY

First Trust New York High Income Municipal ETF

First Trust

Annual cost

0.49%

Fund size

$37M

HISF

First Trust High Income Strategic Focus ETF

First Trust

Annual cost

0.83%

Fund size

$91M

Key differences

  • FMNY costs 0.34% less per year.
  • Over the last 3 years, HISF has delivered higher annualized returns.
  • HISF has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FMNYHISF
Annual cost (TER)0.49%0.83%
Fund size (AUM)$37M$91M
Since20212014
Dividend yield3.68%4.94%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+6.6%+6.1%
CAGR 3Y+3.4%+4.7%
CAGR 5Y+0.5%+1.7%
Sharpe 3Y-0.010.28
Volatility 1Y3.29%3.36%
Max drawdown-15.90%-27.86%

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

Similar to FMNY and HISF