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HISF vs FMB

First Trust High Income Strategic Focus ETF vs First Trust Managed Municipal ETF

HISF

First Trust High Income Strategic Focus ETF

First Trust

Annual cost

0.83%

Fund size

$91M

FMB

First Trust Managed Municipal ETF

First Trust

Annual cost

0.39%

Fund size

$2.0B

Key differences

  • FMB costs 0.44% less per year.
  • FMB is significantly larger than HISF — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, HISF has delivered higher annualized returns.

Side-by-side comparison

HISFFMB
Annual cost (TER)0.83%0.39%
Fund size (AUM)$91M$2.0B
Since20142014
Dividend yield4.94%3.48%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+6.1%+6.0%
CAGR 3Y+4.7%+3.4%
CAGR 5Y+1.7%+0.6%
Sharpe 3Y0.28-0.03
Volatility 1Y3.36%2.67%
Max drawdown-27.86%-14.16%

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

Similar to HISF and FMB