Skip to content
Beacon
Screener

FTBI vs FMHI

First Trust Balanced Income ETF vs First Trust Municipal High Income ETF

FTBI

First Trust Balanced Income ETF

First Trust

Annual cost

0.97%

Fund size

$20M

FMHI

First Trust Municipal High Income ETF

First Trust

Annual cost

0.49%

Fund size

$950M

Key differences

  • FMHI costs 0.48% less per year.
  • FMHI is significantly larger than FTBI — larger funds tend to be more liquid and less likely to close.
  • FTBI is classified as mixed asset, while FMHI is fixed income — different risk/return profiles.
  • FMHI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FTBIFMHI
Annual cost (TER)0.97%0.49%
Fund size (AUM)$20M$950M
Since20252017
Dividend yield4.25%
Asset classmixed assetfixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1YN/A+7.1%
CAGR 3YN/A+4.9%
CAGR 5YN/A+0.8%
Sharpe 3YN/A0.28
Volatility 1Y3.16%
Max drawdown-5.34%-18.83%

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

Similar to FTBI and FMHI