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FSMB vs MFLX

First Trust Short Duration Managed Municipal ETF vs First Trust Flexible Municipal High Income ETF

FSMB

First Trust Short Duration Managed Municipal ETF

Annual cost

0.34%

Fund size

$611M

MFLX

First Trust Flexible Municipal High Income ETF

Annual cost

0.75%

Fund size

$19M

Key differences

Both FSMB and MFLX are fixed income ETFs. FSMB charges 0.34% a year and MFLX 0.75%. The main difference: FSMB costs 0.41% less per year.

  • FSMB costs 0.41% less per year.
  • FSMB is much larger than MFLX. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, MFLX has delivered higher annualized returns.

Side-by-side comparison

FSMBMFLX
Annual cost (TER)0.34%0.75%
Fund size (AUM)$611M$19M
Since20182016
Dividend yield3.15%4.09%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionactive selection
CAGR 1Y+4.0%+9.3%
CAGR 3Y+3.5%+5.6%
CAGR 5Y+1.5%-0.0%
Sharpe 3Y-0.040.23
Volatility 1Y1.40%4.07%
Max drawdown-6.32%-26.76%

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

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