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FMNY vs SUB

First Trust New York High Income Municipal ETF vs iShares Short-Term National Muni Bond ETF

FMNY

First Trust New York High Income Municipal ETF

Annual cost

0.49%

Fund size

$39M

SUB

iShares Short-Term National Muni Bond ETF

Annual cost

0.07%

Fund size

$11.3B

Key differences

Both FMNY and SUB are fixed income ETFs. FMNY charges 0.49% a year and SUB 0.07%. The main difference: SUB costs 0.42% less per year.

  • SUB costs 0.42% less per year.
  • SUB is much larger than FMNY. Larger funds are usually more liquid and less likely to close.
  • SUB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FMNYSUB
Annual cost (TER)0.49%0.07%
Fund size (AUM)$39M$11.3B
Since20212008
Dividend yield3.69%2.51%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+7.4%+3.0%
CAGR 3Y+4.1%+3.2%
CAGR 5Y+0.6%+1.5%
Sharpe 3Y0.12-0.30
Volatility 1Y3.26%1.00%
Max drawdown-15.90%-9.46%

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

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