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FTSM vs FCEF

First Trust Enhanced Short Maturity ETF vs First Trust Income Opportunity ETF

FTSM

First Trust Enhanced Short Maturity ETF

First Trust

Annual cost

0.29%

Fund size

$6.4B

FCEF

First Trust Income Opportunity ETF

First Trust

Annual cost

3.69%

Fund size

$75M

Key differences

  • FTSM costs 3.40% less per year.
  • FTSM is significantly larger than FCEF — larger funds tend to be more liquid and less likely to close.
  • FTSM is classified as fixed income, while FCEF is mixed asset — different risk/return profiles.
  • FTSM follows a index tracking strategy; FCEF uses active selection.
  • Over the last 3 years, FCEF has delivered higher annualized returns.

Side-by-side comparison

FTSMFCEF
Annual cost (TER)0.29%3.69%
Fund size (AUM)$6.4B$75M
Since20142016
Dividend yield4.20%6.24%
Asset classfixed incomemixed asset
Regionnorth america
Strategyindex trackingactive selection
CAGR 1Y+4.3%+18.7%
CAGR 3Y+4.9%+16.1%
CAGR 5Y+3.5%+6.5%
Sharpe 3Y2.511.19
Volatility 1Y0.48%7.84%
Max drawdown-4.12%-44.81%

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

Similar to FTSM and FCEF