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MFLX vs CGHM

First Trust Flexible Municipal High Income ETF vs Capital Group Municipal High-Income ETF

MFLX

First Trust Flexible Municipal High Income ETF

Annual cost

0.75%

Fund size

$19M

CGHM

Capital Group Municipal High-Income ETF

Annual cost

0.34%

Fund size

$3.1B

Key differences

Both MFLX and CGHM are fixed income ETFs. MFLX charges 0.75% a year and CGHM 0.34%. The main difference: MFLX follows a active selection strategy; CGHM uses index tracking.

  • MFLX follows a active selection strategy; CGHM uses index tracking.
  • CGHM costs 0.41% less per year.
  • CGHM is much larger than MFLX. Larger funds are usually more liquid and less likely to close.
  • MFLX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MFLXCGHM
Annual cost (TER)0.75%0.34%
Fund size (AUM)$19M$3.1B
Since20162024
Dividend yield4.09%3.82%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+9.2%+9.0%
CAGR 3Y+5.7%N/A
CAGR 5Y+0.0%N/A
Sharpe 3Y0.25N/A
Volatility 1Y4.07%3.11%
Max drawdown-26.76%-5.90%

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

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