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MULT vs FCEF

Franklin Multisector Income ETF vs First Trust Income Opportunity ETF

MULT

Franklin Multisector Income ETF

Franklin Templeton Investments

Annual cost

0.39%

Fund size

$15M

FCEF

First Trust Income Opportunity ETF

First Trust

Annual cost

3.69%

Fund size

$75M

Key differences

  • MULT costs 3.30% less per year.
  • FCEF is significantly larger than MULT — larger funds tend to be more liquid and less likely to close.
  • MULT is classified as fixed income, while FCEF is mixed asset — different risk/return profiles.
  • MULT follows a index tracking strategy; FCEF uses active selection.
  • FCEF has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MULTFCEF
Annual cost (TER)0.39%3.69%
Fund size (AUM)$15M$75M
Since20252016
Dividend yield6.24%
Asset classfixed incomemixed asset
Regionemerging markets
Strategyindex trackingactive selection
CAGR 1YN/A+19.6%
CAGR 3YN/A+16.4%
CAGR 5YN/A+6.8%
Sharpe 3YN/A1.22
Volatility 1Y7.86%
Max drawdown-1.70%-44.81%

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

Similar to MULT and FCEF