Screener
MFLX vs FMNY
First Trust Flexible Municipal High Income ETF vs First Trust New York High Income Municipal ETF
Key differences
Both MFLX and FMNY are fixed income ETFs. MFLX charges 0.75% a year and FMNY 0.49%. The main difference: MFLX follows a active selection strategy; FMNY uses index tracking.
- MFLX follows a active selection strategy; FMNY uses index tracking.
- FMNY costs 0.26% less per year.
- 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
| MFLX | FMNY | |
|---|---|---|
| Annual cost (TER) | 0.75% | 0.49% |
| Fund size (AUM) | $19M | $39M |
| Since | 2016 | 2021 |
| Dividend yield | 4.09% | 3.69% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | active selection | index tracking |
| CAGR 1Y | +9.3% | +7.8% |
| CAGR 3Y | +5.6% | +4.1% |
| CAGR 5Y | -0.0% | +0.6% |
| Sharpe 3Y | 0.23 | 0.13 |
| Volatility 1Y | 4.07% | 3.27% |
| Max drawdown | -26.76% | -15.90% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.