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SCIO vs BINC

First Trust Structured Credit Income Opportunities ETF vs iShares Flexible Income Active ETF

SCIO

First Trust Structured Credit Income Opportunities ETF

First Trust

Annual cost

0.70%

Fund size

$357M

BINC

iShares Flexible Income Active ETF

iShares

Annual cost

0.40%

Fund size

$16.9B

Key differences

  • BINC costs 0.30% less per year.
  • BINC is significantly larger than SCIO — larger funds tend to be more liquid and less likely to close.
  • SCIO is classified as alternative, while BINC is fixed income — different risk/return profiles.
  • SCIO follows a multi strategy strategy; BINC uses active selection.

Side-by-side comparison

SCIOBINC
Annual cost (TER)0.70%0.40%
Fund size (AUM)$357M$16.9B
Since20242023
Dividend yield6.09%5.60%
Asset classalternativefixed income
Regionnorth americanorth america
Strategymulti strategyactive selection
CAGR 1Y+7.7%+6.5%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y3.83%2.29%
Max drawdown-1.72%-2.69%

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

Similar to SCIO and BINC