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SCMB vs MFLX

Schwab Municipal Bond ETF vs First Trust Flexible Municipal High Income ETF

SCMB

Schwab Municipal Bond ETF

Annual cost

0.03%

Fund size

$3.9B

MFLX

First Trust Flexible Municipal High Income ETF

Annual cost

0.75%

Fund size

$19M

Key differences

Both SCMB and MFLX are fixed income ETFs. SCMB charges 0.03% a year and MFLX 0.75%. The main difference: SCMB follows a index tracking strategy; MFLX uses active selection.

  • SCMB follows a index tracking strategy; MFLX uses active selection.
  • SCMB costs 0.72% less per year.
  • SCMB is much larger than MFLX. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, MFLX has delivered higher annualized returns.
  • MFLX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SCMBMFLX
Annual cost (TER)0.03%0.75%
Fund size (AUM)$3.9B$19M
Since20222016
Dividend yield3.56%4.09%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+6.4%+9.2%
CAGR 3Y+3.3%+5.7%
CAGR 5YN/A+0.0%
Sharpe 3Y-0.050.25
Volatility 1Y2.89%4.07%
Max drawdown-6.13%-26.76%

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

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