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FTBI vs FCEF

First Trust Balanced Income ETF vs First Trust Income Opportunity ETF

FTBI

First Trust Balanced Income ETF

First Trust

Annual cost

0.97%

Fund size

$20M

FCEF

First Trust Income Opportunity ETF

First Trust

Annual cost

3.69%

Fund size

$75M

Key differences

  • FTBI costs 2.72% less per year.
  • FCEF is significantly larger than FTBI — larger funds tend to be more liquid and less likely to close.
  • FTBI follows a index tracking strategy; FCEF uses active selection.
  • FCEF has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FTBIFCEF
Annual cost (TER)0.97%3.69%
Fund size (AUM)$20M$75M
Since20252016
Dividend yield6.24%
Asset classmixed assetmixed asset
Regionnorth america
Strategyindex trackingactive selection
CAGR 1YN/A+18.7%
CAGR 3YN/A+16.1%
CAGR 5YN/A+6.5%
Sharpe 3YN/A1.19
Volatility 1Y7.84%
Max drawdown-5.34%-44.81%

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

Similar to FTBI and FCEF