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MFLX vs CGMU

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

MFLX

First Trust Flexible Municipal High Income ETF

Annual cost

0.75%

Fund size

$19M

CGMU

Capital Group Municipal Income ETF

Annual cost

0.27%

Fund size

$6.1B

Key differences

Both MFLX and CGMU are fixed income ETFs. MFLX charges 0.75% a year and CGMU 0.27%. The main difference: MFLX follows a active selection strategy; CGMU uses index tracking.

  • MFLX follows a active selection strategy; CGMU uses index tracking.
  • CGMU costs 0.48% less per year.
  • CGMU is much larger than MFLX. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, MFLX has delivered higher annualized returns.
  • MFLX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MFLXCGMU
Annual cost (TER)0.75%0.27%
Fund size (AUM)$19M$6.1B
Since20162022
Dividend yield4.09%3.34%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+9.2%+6.4%
CAGR 3Y+5.7%+4.6%
CAGR 5Y+0.0%N/A
Sharpe 3Y0.250.30
Volatility 1Y4.07%2.28%
Max drawdown-26.76%-4.10%

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

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