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MFLX vs JMHI

First Trust Flexible Municipal High Income ETF vs High Yield Municipal Etf Fund

MFLX

First Trust Flexible Municipal High Income ETF

Annual cost

0.75%

Fund size

$19M

JMHI

High Yield Municipal Etf Fund

Annual cost

0.35%

Fund size

$279M

Key differences

Both MFLX and JMHI are fixed income ETFs. MFLX charges 0.75% a year and JMHI 0.35%. The main difference: MFLX follows a active selection strategy; JMHI uses index tracking.

  • MFLX follows a active selection strategy; JMHI uses index tracking.
  • JMHI costs 0.40% less per year.
  • JMHI is much larger than MFLX. Larger funds are usually more liquid and less likely to close.
  • JMHI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MFLXJMHI
Annual cost (TER)0.75%0.35%
Fund size (AUM)$19M$279M
Since20162007
Dividend yield4.09%4.58%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+9.2%+6.5%
CAGR 3Y+5.7%N/A
CAGR 5Y+0.0%N/A
Sharpe 3Y0.25N/A
Volatility 1Y4.07%3.20%
Max drawdown-26.76%-7.11%

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

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