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SCIO vs CAAA

First Trust Structured Credit Income Opportunities ETF vs First Trust AAA CMBS ETF

SCIO

First Trust Structured Credit Income Opportunities ETF

First Trust

Annual cost

0.70%

Fund size

$357M

CAAA

First Trust AAA CMBS ETF

First Trust

Annual cost

0.30%

Fund size

$33M

Key differences

  • CAAA costs 0.40% less per year.
  • SCIO is significantly larger than CAAA — larger funds tend to be more liquid and less likely to close.

Side-by-side comparison

SCIOCAAA
Annual cost (TER)0.70%0.30%
Fund size (AUM)$357M$33M
Since20242024
Dividend yield6.09%5.23%
Asset classalternativealternative
Regionnorth americanorth america
Strategymulti strategymulti strategy
CAGR 1Y+7.7%+5.6%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y3.83%3.04%
Max drawdown-1.72%-2.24%

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

Similar to SCIO and CAAA