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FMNY vs JMHI

First Trust New York High Income Municipal ETF vs High Yield Municipal Etf Fund

FMNY

First Trust New York High Income Municipal ETF

Annual cost

0.49%

Fund size

$39M

JMHI

High Yield Municipal Etf Fund

Annual cost

0.35%

Fund size

$279M

Key differences

Both FMNY and JMHI are fixed income ETFs. FMNY charges 0.49% a year and JMHI 0.35%. The main difference: JMHI costs 0.14% less per year.

  • JMHI costs 0.14% less per year.
  • JMHI is much larger than FMNY. Larger funds are usually more liquid and less likely to close.
  • JMHI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FMNYJMHI
Annual cost (TER)0.49%0.35%
Fund size (AUM)$39M$279M
Since20212007
Dividend yield3.69%4.58%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+7.4%+6.5%
CAGR 3Y+4.1%N/A
CAGR 5Y+0.6%N/A
Sharpe 3Y0.12N/A
Volatility 1Y3.26%3.20%
Max drawdown-15.90%-7.11%

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

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