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FPE vs FMB

First Trust Preferred Securities and Income ETF vs First Trust Managed Municipal ETF

FPE

First Trust Preferred Securities and Income ETF

First Trust

Annual cost

0.83%

Fund size

$6.4B

FMB

First Trust Managed Municipal ETF

First Trust

Annual cost

0.39%

Fund size

$2.0B

Key differences

  • FMB costs 0.44% less per year.
  • FPE is significantly larger than FMB — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, FPE has delivered higher annualized returns.

Side-by-side comparison

FPEFMB
Annual cost (TER)0.83%0.39%
Fund size (AUM)$6.4B$2.0B
Since20132014
Dividend yield5.83%3.48%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+9.3%+6.0%
CAGR 3Y+11.0%+3.4%
CAGR 5Y+3.2%+0.6%
Sharpe 3Y1.43-0.03
Volatility 1Y3.90%2.67%
Max drawdown-33.35%-14.16%

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

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