Skip to content
Screener

TAXF vs FMHI

American Century Diversified Municipal Bond ETF vs First Trust Municipal High Income ETF

TAXF

American Century Diversified Municipal Bond ETF

Annual cost

0.27%

Fund size

$659M

FMHI

First Trust Municipal High Income ETF

Annual cost

0.49%

Fund size

$976M

Key differences

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

  • TAXF follows a active selection strategy; FMHI uses index tracking.
  • TAXF costs 0.22% less per year.
  • Over the last three years, FMHI has delivered higher annualized returns.

Side-by-side comparison

TAXFFMHI
Annual cost (TER)0.27%0.49%
Fund size (AUM)$659M$976M
Since20182017
Dividend yield3.77%4.26%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+7.9%+8.3%
CAGR 3Y+4.1%+5.5%
CAGR 5Y+1.1%+0.9%
Sharpe 3Y0.140.40
Volatility 1Y3.01%3.07%
Max drawdown-13.94%-18.83%

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

Similar to TAXF and FMHI