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MFLX vs FPE

First Trust Flexible Municipal High Income ETF vs First Trust Preferred Securities and Income ETF

MFLX

First Trust Flexible Municipal High Income ETF

Annual cost

0.75%

Fund size

$19M

FPE

First Trust Preferred Securities and Income ETF

Annual cost

0.83%

Fund size

$6.3B

Key differences

Both MFLX and FPE are fixed income ETFs. MFLX charges 0.75% a year and FPE 0.83%. The main difference: MFLX follows a active selection strategy; FPE uses index tracking.

  • MFLX follows a active selection strategy; FPE uses index tracking.
  • MFLX costs 0.08% less per year.
  • FPE is much larger than MFLX. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, FPE has delivered higher annualized returns.

Side-by-side comparison

MFLXFPE
Annual cost (TER)0.75%0.83%
Fund size (AUM)$19M$6.3B
Since20162013
Dividend yield4.09%5.84%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+9.2%+7.7%
CAGR 3Y+5.7%+10.1%
CAGR 5Y+0.0%+3.1%
Sharpe 3Y0.251.27
Volatility 1Y4.07%3.87%
Max drawdown-26.76%-33.35%

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

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