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MFLX vs CGSM

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

MFLX

First Trust Flexible Municipal High Income ETF

Annual cost

0.75%

Fund size

$19M

CGSM

Capital Group Short Duration Municipal Income ETF

Annual cost

0.25%

Fund size

$1.2B

Key differences

Both MFLX and CGSM are fixed income ETFs. MFLX charges 0.75% a year and CGSM 0.25%. The main difference: MFLX follows a active selection strategy; CGSM uses index tracking.

  • MFLX follows a active selection strategy; CGSM uses index tracking.
  • CGSM costs 0.50% less per year.
  • CGSM 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

MFLXCGSM
Annual cost (TER)0.75%0.25%
Fund size (AUM)$19M$1.2B
Since20162023
Dividend yield4.09%3.00%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+9.2%+4.4%
CAGR 3Y+5.7%N/A
CAGR 5Y+0.0%N/A
Sharpe 3Y0.25N/A
Volatility 1Y4.07%1.34%
Max drawdown-26.76%-1.42%

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

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