Screener
FMNY vs MFLX
First Trust New York High Income Municipal ETF vs First Trust Flexible Municipal High Income ETF
Key differences
Both FMNY and MFLX are fixed income ETFs. FMNY charges 0.49% a year and MFLX 0.75%. The main difference: FMNY follows a index tracking strategy; MFLX uses active selection.
- FMNY follows a index tracking strategy; MFLX uses active selection.
- FMNY costs 0.26% less per year.
- Over the last three years, MFLX has delivered higher annualized returns.
- MFLX has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| FMNY | MFLX | |
|---|---|---|
| Annual cost (TER) | 0.49% | 0.75% |
| Fund size (AUM) | $39M | $19M |
| Since | 2021 | 2016 |
| Dividend yield | 3.69% | 4.09% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | index tracking | active selection |
| CAGR 1Y | +7.4% | +9.2% |
| CAGR 3Y | +4.1% | +5.7% |
| CAGR 5Y | +0.6% | +0.0% |
| Sharpe 3Y | 0.12 | 0.25 |
| Volatility 1Y | 3.26% | 4.07% |
| Max drawdown | -15.90% | -26.76% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.