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FPX vs LMBS

First Trust US Equity Opportunities ETF vs First Trust Low Duration Opportunities ETF

FPX

First Trust US Equity Opportunities ETF

First Trust

Annual cost

0.57%

Fund size

$1.3B

LMBS

First Trust Low Duration Opportunities ETF

First Trust

Annual cost

0.66%

Fund size

$6.2B

Key differences

  • FPX costs 0.09% less per year.
  • LMBS is significantly larger than FPX — larger funds tend to be more liquid and less likely to close.
  • FPX is classified as equity, while LMBS is fixed income — different risk/return profiles.
  • Over the last 3 years, FPX has delivered higher annualized returns.
  • FPX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FPXLMBS
Annual cost (TER)0.57%0.66%
Fund size (AUM)$1.3B$6.2B
Since20062014
Dividend yield0.52%4.09%
Asset classequityfixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+43.6%+6.4%
CAGR 3Y+32.8%+5.6%
CAGR 5Y+11.1%+3.0%
Sharpe 3Y1.080.75
Volatility 1Y23.17%1.96%
Max drawdown-43.14%-6.48%

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

Similar to FPX and LMBS