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FUMB vs FMHI

First Trust Ultra Short Duration Municipal ETF vs First Trust Municipal High Income ETF

FUMB

First Trust Ultra Short Duration Municipal ETF

First Trust

Annual cost

0.29%

Fund size

$229M

FMHI

First Trust Municipal High Income ETF

First Trust

Annual cost

0.49%

Fund size

$950M

Key differences

  • FUMB costs 0.20% less per year.
  • FMHI is significantly larger than FUMB — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, FMHI has delivered higher annualized returns.

Side-by-side comparison

FUMBFMHI
Annual cost (TER)0.29%0.49%
Fund size (AUM)$229M$950M
Since20182017
Dividend yield2.82%4.25%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+2.7%+7.1%
CAGR 3Y+3.0%+4.9%
CAGR 5Y+1.9%+0.8%
Sharpe 3Y-0.470.28
Volatility 1Y0.79%3.16%
Max drawdown-2.68%-18.83%

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

Similar to FUMB and FMHI