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LGOV vs FCEF

First Trust Long Duration Opportunities ETF vs First Trust Income Opportunity ETF

LGOV

First Trust Long Duration Opportunities ETF

First Trust

Annual cost

0.49%

Fund size

$664M

FCEF

First Trust Income Opportunity ETF

First Trust

Annual cost

3.69%

Fund size

$75M

Key differences

  • LGOV costs 3.20% less per year.
  • LGOV is significantly larger than FCEF — larger funds tend to be more liquid and less likely to close.
  • LGOV is classified as fixed income, while FCEF is mixed asset — different risk/return profiles.
  • LGOV follows a index tracking strategy; FCEF uses active selection.
  • Over the last 3 years, FCEF has delivered higher annualized returns.

Side-by-side comparison

LGOVFCEF
Annual cost (TER)0.49%3.69%
Fund size (AUM)$664M$75M
Since20192016
Dividend yield4.21%6.24%
Asset classfixed incomemixed asset
Regionnorth america
Strategyindex trackingactive selection
CAGR 1Y+6.4%+18.7%
CAGR 3Y+2.0%+16.1%
CAGR 5Y-1.7%+6.5%
Sharpe 3Y-0.131.19
Volatility 1Y6.99%7.84%
Max drawdown-30.85%-44.81%

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

Similar to LGOV and FCEF