Screener
MFLX vs FMB
First Trust Flexible Municipal High Income ETF vs First Trust Managed Municipal ETF
Key differences
Both MFLX and FMB are fixed income ETFs. MFLX charges 0.75% a year and FMB 0.39%. The main difference: MFLX follows a active selection strategy; FMB uses index tracking.
- MFLX follows a active selection strategy; FMB uses index tracking.
- FMB costs 0.36% less per year.
- FMB 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.
Side-by-side comparison
| MFLX | FMB | |
|---|---|---|
| Annual cost (TER) | 0.75% | 0.39% |
| Fund size (AUM) | $19M | $2.0B |
| Since | 2016 | 2014 |
| Dividend yield | 4.09% | 3.51% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | active selection | index tracking |
| CAGR 1Y | +9.3% | +6.9% |
| CAGR 3Y | +5.6% | +3.9% |
| CAGR 5Y | -0.0% | +0.7% |
| Sharpe 3Y | 0.23 | 0.08 |
| Volatility 1Y | 4.07% | 2.63% |
| Max drawdown | -26.76% | -14.16% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.