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MFLX vs FMHI

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

MFLX

First Trust Flexible Municipal High Income ETF

Annual cost

0.75%

Fund size

$19M

FMHI

First Trust Municipal High Income ETF

Annual cost

0.49%

Fund size

$976M

Key differences

Both MFLX and FMHI are fixed income ETFs. MFLX charges 0.75% a year and FMHI 0.49%. The main difference: MFLX follows a active selection strategy; FMHI uses index tracking.

  • MFLX follows a active selection strategy; FMHI uses index tracking.
  • FMHI costs 0.26% less per year.
  • FMHI is much larger than MFLX. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

MFLXFMHI
Annual cost (TER)0.75%0.49%
Fund size (AUM)$19M$976M
Since20162017
Dividend yield4.09%4.26%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+9.2%+8.3%
CAGR 3Y+5.7%+5.5%
CAGR 5Y+0.0%+0.9%
Sharpe 3Y0.250.40
Volatility 1Y4.07%3.07%
Max drawdown-26.76%-18.83%

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

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