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MFLX vs TAFL

First Trust Flexible Municipal High Income ETF vs AB Tax-Aware Long Municipal ETF

MFLX

First Trust Flexible Municipal High Income ETF

Annual cost

0.75%

Fund size

$19M

TAFL

AB Tax-Aware Long Municipal ETF

Annual cost

0.28%

Fund size

$58M

Key differences

Both MFLX and TAFL are fixed income ETFs. MFLX charges 0.75% a year and TAFL 0.28%. The main difference: TAFL costs 0.47% less per year.

  • TAFL costs 0.47% less per year.
  • TAFL is much larger than MFLX. Larger funds are usually more liquid and less likely to close.
  • MFLX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MFLXTAFL
Annual cost (TER)0.75%0.28%
Fund size (AUM)$19M$58M
Since20162023
Dividend yield4.09%4.12%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionactive selection
CAGR 1Y+9.2%+8.1%
CAGR 3Y+5.7%N/A
CAGR 5Y+0.0%N/A
Sharpe 3Y0.25N/A
Volatility 1Y4.07%4.27%
Max drawdown-26.76%-6.01%

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

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