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SCIO vs FSMB
First Trust Structured Credit Income Opportunities ETF vs First Trust Short Duration Managed Municipal ETF
Key differences
- FSMB costs 0.36% less per year.
- SCIO is classified as alternative, while FSMB is fixed income — different risk/return profiles.
- SCIO follows a multi strategy strategy; FSMB uses index tracking.
- FSMB has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| SCIO | FSMB | |
|---|---|---|
| Annual cost (TER) | 0.70% | 0.34% |
| Fund size (AUM) | $357M | $599M |
| Since | 2024 | 2018 |
| Dividend yield | 6.09% | 3.14% |
| Asset class | alternative | fixed income |
| Region | north america | north america |
| Strategy | multi strategy | index tracking |
| CAGR 1Y | +7.7% | +3.9% |
| CAGR 3Y | N/A | +3.2% |
| CAGR 5Y | N/A | +1.4% |
| Sharpe 3Y | N/A | -0.17 |
| Volatility 1Y | 3.83% | 1.39% |
| Max drawdown | -1.72% | -6.32% |
Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.
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