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SCIO vs MGOV

First Trust Structured Credit Income Opportunities ETF vs First Trust Intermediate Government Opportunities ETF

SCIO

First Trust Structured Credit Income Opportunities ETF

First Trust

Annual cost

0.70%

Fund size

$357M

MGOV

First Trust Intermediate Government Opportunities ETF

First Trust

Annual cost

0.49%

Fund size

$102M

Key differences

  • MGOV costs 0.21% less per year.
  • SCIO is significantly larger than MGOV — larger funds tend to be more liquid and less likely to close.
  • SCIO is classified as alternative, while MGOV is fixed income — different risk/return profiles.
  • SCIO follows a multi strategy strategy; MGOV uses index tracking.

Side-by-side comparison

SCIOMGOV
Annual cost (TER)0.70%0.49%
Fund size (AUM)$357M$102M
Since20242023
Dividend yield6.09%4.95%
Asset classalternativefixed income
Regionnorth americanorth america
Strategymulti strategyindex tracking
CAGR 1Y+7.7%+7.3%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y3.83%4.71%
Max drawdown-1.72%-6.11%

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

Similar to SCIO and MGOV