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FSMB vs HISF

First Trust Short Duration Managed Municipal ETF vs First Trust High Income Strategic Focus ETF

FSMB

First Trust Short Duration Managed Municipal ETF

Annual cost

0.34%

Fund size

$611M

HISF

First Trust High Income Strategic Focus ETF

Annual cost

0.83%

Fund size

$96M

Key differences

Both FSMB and HISF are fixed income ETFs. FSMB charges 0.34% a year and HISF 0.83%. The main difference: FSMB costs 0.49% less per year.

  • FSMB costs 0.49% less per year.
  • FSMB is much larger than HISF. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, HISF has delivered higher annualized returns.

Side-by-side comparison

FSMBHISF
Annual cost (TER)0.34%0.83%
Fund size (AUM)$611M$96M
Since20182014
Dividend yield3.15%4.99%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionactive selection
CAGR 1Y+4.0%+5.3%
CAGR 3Y+3.5%+5.1%
CAGR 5Y+1.5%+1.6%
Sharpe 3Y-0.030.34
Volatility 1Y1.40%3.32%
Max drawdown-6.32%-27.86%

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

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