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HISF vs FSMB

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

HISF

First Trust High Income Strategic Focus ETF

First Trust

Annual cost

0.83%

Fund size

$91M

FSMB

First Trust Short Duration Managed Municipal ETF

First Trust

Annual cost

0.34%

Fund size

$599M

Key differences

  • FSMB costs 0.49% less per year.
  • FSMB 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

HISFFSMB
Annual cost (TER)0.83%0.34%
Fund size (AUM)$91M$599M
Since20142018
Dividend yield4.94%3.14%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+6.1%+3.9%
CAGR 3Y+4.7%+3.2%
CAGR 5Y+1.7%+1.4%
Sharpe 3Y0.28-0.17
Volatility 1Y3.36%1.39%
Max drawdown-27.86%-6.32%

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

Similar to HISF and FSMB