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Screener

MFLX vs FDHY

First Trust Flexible Municipal High Income ETF vs Fidelity Enhanced High Yield ETF

MFLX

First Trust Flexible Municipal High Income ETF

Annual cost

0.75%

Fund size

$19M

FDHY

Fidelity Enhanced High Yield ETF

Annual cost

0.35%

Fund size

$522M

Key differences

Both MFLX and FDHY are fixed income ETFs. MFLX charges 0.75% a year and FDHY 0.35%. The main difference: FDHY costs 0.40% less per year.

  • FDHY costs 0.40% less per year.
  • FDHY is much larger than MFLX. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, FDHY has delivered higher annualized returns.

Side-by-side comparison

MFLXFDHY
Annual cost (TER)0.75%0.35%
Fund size (AUM)$19M$522M
Since20162018
Dividend yield4.09%6.53%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionactive selection
CAGR 1Y+9.2%+8.2%
CAGR 3Y+5.7%+9.0%
CAGR 5Y+0.0%+4.0%
Sharpe 3Y0.251.03
Volatility 1Y4.07%3.59%
Max drawdown-26.76%-20.01%

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

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