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LMBS vs SCIO

First Trust Low Duration Opportunities ETF vs First Trust Structured Credit Income Opportunities ETF

LMBS

First Trust Low Duration Opportunities ETF

First Trust

Annual cost

0.66%

Fund size

$6.2B

SCIO

First Trust Structured Credit Income Opportunities ETF

First Trust

Annual cost

0.70%

Fund size

$357M

Key differences

  • LMBS is significantly larger than SCIO — larger funds tend to be more liquid and less likely to close.
  • LMBS is classified as fixed income, while SCIO is alternative — different risk/return profiles.
  • LMBS follows a index tracking strategy; SCIO uses multi strategy.
  • LMBS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

LMBSSCIO
Annual cost (TER)0.66%0.70%
Fund size (AUM)$6.2B$357M
Since20142024
Dividend yield4.09%6.09%
Asset classfixed incomealternative
Regionnorth americanorth america
Strategyindex trackingmulti strategy
CAGR 1Y+6.4%+7.7%
CAGR 3Y+5.6%N/A
CAGR 5Y+3.0%N/A
Sharpe 3Y0.75N/A
Volatility 1Y1.96%3.83%
Max drawdown-6.48%-1.72%

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

Similar to LMBS and SCIO