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MGOV vs SCIO

First Trust Intermediate Government Opportunities ETF vs First Trust Structured Credit Income Opportunities ETF

MGOV

First Trust Intermediate Government Opportunities ETF

First Trust

Annual cost

0.49%

Fund size

$102M

SCIO

First Trust Structured Credit Income Opportunities ETF

First Trust

Annual cost

0.70%

Fund size

$357M

Key differences

  • MGOV costs 0.21% less per year.
  • SCIO is significantly larger than MGOV — larger funds tend to be more liquid and less likely to close.
  • MGOV is classified as fixed income, while SCIO is alternative — different risk/return profiles.
  • MGOV follows a index tracking strategy; SCIO uses multi strategy.

Side-by-side comparison

MGOVSCIO
Annual cost (TER)0.49%0.70%
Fund size (AUM)$102M$357M
Since20232024
Dividend yield4.95%6.09%
Asset classfixed incomealternative
Regionnorth americanorth america
Strategyindex trackingmulti strategy
CAGR 1Y+7.3%+7.7%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y4.71%3.83%
Max drawdown-6.11%-1.72%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to MGOV and SCIO