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TAFM vs FMHI

AB Tax-Aware Intermediate Municipal ETF vs First Trust Municipal High Income ETF

TAFM

AB Tax-Aware Intermediate Municipal ETF

Annual cost

0.28%

Fund size

$612M

FMHI

First Trust Municipal High Income ETF

Annual cost

0.49%

Fund size

$976M

Key differences

Both TAFM and FMHI are fixed income ETFs. TAFM charges 0.28% a year and FMHI 0.49%. The main difference: TAFM follows a active selection strategy; FMHI uses index tracking.

  • TAFM follows a active selection strategy; FMHI uses index tracking.
  • TAFM costs 0.21% less per year.
  • FMHI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

TAFMFMHI
Annual cost (TER)0.28%0.49%
Fund size (AUM)$612M$976M
Since20232017
Dividend yield3.67%4.26%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+7.4%+8.3%
CAGR 3YN/A+5.5%
CAGR 5YN/A+0.9%
Sharpe 3YN/A0.40
Volatility 1Y3.13%3.07%
Max drawdown-4.74%-18.83%

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

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