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SCIO vs FIXD

First Trust Structured Credit Income Opportunities ETF vs First Trust Smith Opportunistic Fixed Income ETF

SCIO

First Trust Structured Credit Income Opportunities ETF

First Trust

Annual cost

0.70%

Fund size

$357M

FIXD

First Trust Smith Opportunistic Fixed Income ETF

First Trust

Annual cost

0.65%

Fund size

$3.4B

Key differences

  • FIXD is significantly larger than SCIO — larger funds tend to be more liquid and less likely to close.
  • SCIO is classified as alternative, while FIXD is fixed income — different risk/return profiles.
  • SCIO follows a multi strategy strategy; FIXD uses active selection.
  • FIXD has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SCIOFIXD
Annual cost (TER)0.70%0.65%
Fund size (AUM)$357M$3.4B
Since20242017
Dividend yield6.09%4.66%
Asset classalternativefixed income
Regionnorth americanorth america
Strategymulti strategyactive selection
CAGR 1Y+7.7%+6.2%
CAGR 3YN/A+3.8%
CAGR 5YN/A-0.3%
Sharpe 3YN/A0.06
Volatility 1Y3.83%4.25%
Max drawdown-1.72%-20.35%

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

Similar to SCIO and FIXD