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FPE vs FMHI

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

FPE

First Trust Preferred Securities and Income ETF

First Trust

Annual cost

0.83%

Fund size

$6.4B

FMHI

First Trust Municipal High Income ETF

First Trust

Annual cost

0.49%

Fund size

$950M

Key differences

  • FMHI costs 0.34% less per year.
  • FPE is significantly larger than FMHI — 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

FPEFMHI
Annual cost (TER)0.83%0.49%
Fund size (AUM)$6.4B$950M
Since20132017
Dividend yield5.83%4.25%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+9.3%+7.1%
CAGR 3Y+11.0%+4.9%
CAGR 5Y+3.2%+0.8%
Sharpe 3Y1.430.28
Volatility 1Y3.90%3.16%
Max drawdown-33.35%-18.83%

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

Similar to FPE and FMHI