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MFLX vs SCMB

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

MFLX

First Trust Flexible Municipal High Income ETF

Annual cost

0.75%

Fund size

$19M

SCMB

Schwab Municipal Bond ETF

Annual cost

0.03%

Fund size

$3.9B

Key differences

Both MFLX and SCMB are fixed income ETFs. MFLX charges 0.75% a year and SCMB 0.03%. The main difference: MFLX follows a active selection strategy; SCMB uses index tracking.

  • MFLX follows a active selection strategy; SCMB uses index tracking.
  • SCMB costs 0.72% less per year.
  • SCMB 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.
  • MFLX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MFLXSCMB
Annual cost (TER)0.75%0.03%
Fund size (AUM)$19M$3.9B
Since20162022
Dividend yield4.09%3.56%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+9.2%+6.4%
CAGR 3Y+5.7%+3.3%
CAGR 5Y+0.0%N/A
Sharpe 3Y0.25-0.05
Volatility 1Y4.07%2.89%
Max drawdown-26.76%-6.13%

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

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