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FMNY vs NYF

First Trust New York High Income Municipal ETF vs iShares New York Muni Bond ETF

FMNY

First Trust New York High Income Municipal ETF

Annual cost

0.49%

Fund size

$39M

NYF

iShares New York Muni Bond ETF

Annual cost

0.09%

Fund size

$1.3B

Key differences

Both FMNY and NYF are fixed income ETFs. FMNY charges 0.49% a year and NYF 0.09%. The main difference: NYF costs 0.40% less per year.

  • NYF costs 0.40% less per year.
  • NYF is much larger than FMNY. Larger funds are usually more liquid and less likely to close.
  • NYF has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FMNYNYF
Annual cost (TER)0.49%0.09%
Fund size (AUM)$39M$1.3B
Since20212007
Dividend yield3.69%3.07%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+7.4%+6.5%
CAGR 3Y+4.1%+3.3%
CAGR 5Y+0.6%+0.8%
Sharpe 3Y0.12-0.06
Volatility 1Y3.26%2.76%
Max drawdown-15.90%-13.12%

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

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