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SCIO vs MFLX

First Trust Structured Credit Income Opportunities ETF vs First Trust Flexible Municipal High Income ETF

SCIO

First Trust Structured Credit Income Opportunities ETF

Annual cost

0.70%

Fund size

$381M

MFLX

First Trust Flexible Municipal High Income ETF

Annual cost

0.75%

Fund size

$19M

Key differences

Both SCIO and MFLX are fixed income ETFs. SCIO charges 0.70% a year and MFLX 0.75%. The main difference: SCIO costs 0.05% less per year.

  • SCIO costs 0.05% less per year.
  • SCIO is much larger than MFLX. Larger funds are usually more liquid and less likely to close.
  • MFLX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SCIOMFLX
Annual cost (TER)0.70%0.75%
Fund size (AUM)$381M$19M
Since20242016
Dividend yield6.00%4.09%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionactive selection
CAGR 1Y+7.1%+9.3%
CAGR 3YN/A+5.6%
CAGR 5YN/A-0.0%
Sharpe 3YN/A0.23
Volatility 1Y3.71%4.07%
Max drawdown-1.72%-26.76%

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

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