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HISF vs FMNY

First Trust High Income Strategic Focus ETF vs First Trust New York High Income Municipal ETF

HISF

First Trust High Income Strategic Focus ETF

First Trust

Annual cost

0.83%

Fund size

$91M

FMNY

First Trust New York High Income Municipal ETF

First Trust

Annual cost

0.49%

Fund size

$37M

Key differences

  • FMNY costs 0.34% less per year.
  • Over the last 3 years, HISF has delivered higher annualized returns.
  • HISF has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HISFFMNY
Annual cost (TER)0.83%0.49%
Fund size (AUM)$91M$37M
Since20142021
Dividend yield4.94%3.68%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+6.1%+6.6%
CAGR 3Y+4.7%+3.4%
CAGR 5Y+1.7%+0.5%
Sharpe 3Y0.28-0.01
Volatility 1Y3.36%3.29%
Max drawdown-27.86%-15.90%

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

Similar to HISF and FMNY