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FTSM vs FMHI

First Trust Enhanced Short Maturity ETF vs First Trust Municipal High Income ETF

FTSM

First Trust Enhanced Short Maturity ETF

First Trust

Annual cost

0.29%

Fund size

$6.4B

FMHI

First Trust Municipal High Income ETF

First Trust

Annual cost

0.49%

Fund size

$950M

Key differences

  • FTSM costs 0.20% less per year.
  • FTSM is significantly larger than FMHI — larger funds tend to be more liquid and less likely to close.

Side-by-side comparison

FTSMFMHI
Annual cost (TER)0.29%0.49%
Fund size (AUM)$6.4B$950M
Since20142017
Dividend yield4.20%4.25%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+4.3%+7.1%
CAGR 3Y+4.9%+4.9%
CAGR 5Y+3.5%+0.8%
Sharpe 3Y2.510.28
Volatility 1Y0.48%3.16%
Max drawdown-4.12%-18.83%

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

Similar to FTSM and FMHI