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SCIO vs GSY

First Trust Structured Credit Income Opportunities ETF vs Invesco Ultra Short Duration ETF

SCIO

First Trust Structured Credit Income Opportunities ETF

Annual cost

0.70%

Fund size

$381M

GSY

Invesco Ultra Short Duration ETF

Annual cost

0.22%

Fund size

$3.5B

Key differences

Both SCIO and GSY are fixed income ETFs. SCIO charges 0.70% a year and GSY 0.22%. The main difference: SCIO follows a multi strategy strategy; GSY uses index tracking.

  • SCIO follows a multi strategy strategy; GSY uses index tracking.
  • GSY costs 0.48% less per year.
  • GSY is much larger than SCIO. Larger funds are usually more liquid and less likely to close.
  • GSY has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SCIOGSY
Annual cost (TER)0.70%0.22%
Fund size (AUM)$381M$3.5B
Since20242008
Dividend yield6.00%4.34%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategymulti strategyindex tracking
CAGR 1Y+6.7%+4.5%
CAGR 3YN/A+5.4%
CAGR 5YN/A+3.6%
Sharpe 3YN/A3.31
Volatility 1Y3.78%0.40%
Max drawdown-1.72%-5.25%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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