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TAFI vs FMHI

AB Tax-Aware Short Duration Municipal ETF vs First Trust Municipal High Income ETF

TAFI

AB Tax-Aware Short Duration Municipal ETF

Annual cost

0.27%

Fund size

$1.3B

FMHI

First Trust Municipal High Income ETF

Annual cost

0.49%

Fund size

$976M

Key differences

Both TAFI and FMHI are fixed income ETFs. TAFI charges 0.27% a year and FMHI 0.49%. The main difference: TAFI follows a active selection strategy; FMHI uses index tracking.

  • TAFI follows a active selection strategy; FMHI uses index tracking.
  • TAFI costs 0.22% less per year.
  • Over the last three years, FMHI has delivered higher annualized returns.
  • FMHI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

TAFIFMHI
Annual cost (TER)0.27%0.49%
Fund size (AUM)$1.3B$976M
Since20222017
Dividend yield3.17%4.26%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+3.8%+8.3%
CAGR 3Y+3.7%+5.5%
CAGR 5YN/A+0.9%
Sharpe 3Y0.040.40
Volatility 1Y1.46%3.07%
Max drawdown-2.14%-18.83%

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

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