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FTCB vs FCEF

First Trust Core Investment Grade ETF vs First Trust Income Opportunity ETF

FTCB

First Trust Core Investment Grade ETF

First Trust

Annual cost

0.56%

Fund size

$2.4B

FCEF

First Trust Income Opportunity ETF

First Trust

Annual cost

3.69%

Fund size

$75M

Key differences

  • FTCB costs 3.13% less per year.
  • FTCB is significantly larger than FCEF — larger funds tend to be more liquid and less likely to close.
  • FTCB is classified as fixed income, while FCEF is mixed asset — different risk/return profiles.
  • FCEF has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FTCBFCEF
Annual cost (TER)0.56%3.69%
Fund size (AUM)$2.4B$75M
Since20232016
Dividend yield4.85%6.24%
Asset classfixed incomemixed asset
Regionnorth america
Strategyactive selectionactive selection
CAGR 1Y+6.4%+18.7%
CAGR 3YN/A+16.1%
CAGR 5YN/A+6.5%
Sharpe 3YN/A1.19
Volatility 1Y4.09%7.84%
Max drawdown-4.99%-44.81%

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

Similar to FTCB and FCEF