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LMBS vs FCEF

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

LMBS

First Trust Low Duration Opportunities ETF

First Trust

Annual cost

0.66%

Fund size

$6.2B

FCEF

First Trust Income Opportunity ETF

First Trust

Annual cost

3.69%

Fund size

$75M

Key differences

  • LMBS costs 3.03% less per year.
  • LMBS is significantly larger than FCEF — larger funds tend to be more liquid and less likely to close.
  • LMBS is classified as fixed income, while FCEF is mixed asset — different risk/return profiles.
  • LMBS follows a index tracking strategy; FCEF uses active selection.
  • Over the last 3 years, FCEF has delivered higher annualized returns.

Side-by-side comparison

LMBSFCEF
Annual cost (TER)0.66%3.69%
Fund size (AUM)$6.2B$75M
Since20142016
Dividend yield4.09%6.24%
Asset classfixed incomemixed asset
Regionnorth america
Strategyindex trackingactive selection
CAGR 1Y+6.4%+18.7%
CAGR 3Y+5.6%+16.1%
CAGR 5Y+3.0%+6.5%
Sharpe 3Y0.751.19
Volatility 1Y1.96%7.84%
Max drawdown-6.48%-44.81%

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

Similar to LMBS and FCEF