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SCIO vs GVI

First Trust Structured Credit Income Opportunities ETF vs iShares Intermediate Government/Credit Bond ETF

SCIO

First Trust Structured Credit Income Opportunities ETF

First Trust

Annual cost

0.70%

Fund size

$357M

GVI

iShares Intermediate Government/Credit Bond ETF

iShares

Annual cost

0.20%

Fund size

$3.8B

Key differences

  • GVI costs 0.50% less per year.
  • GVI is significantly larger than SCIO — larger funds tend to be more liquid and less likely to close.
  • SCIO is classified as alternative, while GVI is fixed income — different risk/return profiles.
  • SCIO follows a multi strategy strategy; GVI uses index tracking.
  • GVI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SCIOGVI
Annual cost (TER)0.70%0.20%
Fund size (AUM)$357M$3.8B
Since20242007
Dividend yield6.09%3.56%
Asset classalternativefixed income
Regionnorth americanorth america
Strategymulti strategyindex tracking
CAGR 1Y+7.7%+4.2%
CAGR 3YN/A+4.2%
CAGR 5YN/A+1.1%
Sharpe 3YN/A0.19
Volatility 1Y3.83%2.52%
Max drawdown-1.72%-12.93%

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

Similar to SCIO and GVI