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LGOV vs MGOV

First Trust Long Duration Opportunities ETF vs First Trust Intermediate Government Opportunities ETF

LGOV

First Trust Long Duration Opportunities ETF

Annual cost

0.49%

Fund size

$664M

MGOV

First Trust Intermediate Government Opportunities ETF

Annual cost

0.49%

Fund size

$101M

Key differences

Both LGOV and MGOV are fixed income ETFs. LGOV charges 0.49% a year and MGOV 0.49%. The main difference: LGOV follows a index tracking strategy; MGOV uses active selection.

  • LGOV follows a index tracking strategy; MGOV uses active selection.
  • LGOV is much larger than MGOV. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

LGOVMGOV
Annual cost (TER)0.49%0.49%
Fund size (AUM)$664M$101M
Since20192023
Dividend yield4.25%4.95%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+5.5%+6.2%
CAGR 3Y+2.8%N/A
CAGR 5Y-1.7%N/A
Sharpe 3Y-0.04N/A
Volatility 1Y7.02%4.53%
Max drawdown-30.85%-6.11%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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