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TAXF vs MFLX

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

TAXF

American Century Diversified Municipal Bond ETF

Annual cost

0.27%

Fund size

$659M

MFLX

First Trust Flexible Municipal High Income ETF

Annual cost

0.75%

Fund size

$19M

Key differences

Both TAXF and MFLX are fixed income ETFs. TAXF charges 0.27% a year and MFLX 0.75%. The main difference: TAXF costs 0.48% less per year.

  • TAXF costs 0.48% less per year.
  • TAXF 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.

Side-by-side comparison

TAXFMFLX
Annual cost (TER)0.27%0.75%
Fund size (AUM)$659M$19M
Since20182016
Dividend yield3.77%4.09%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionactive selection
CAGR 1Y+7.9%+9.2%
CAGR 3Y+4.1%+5.7%
CAGR 5Y+1.1%+0.0%
Sharpe 3Y0.140.25
Volatility 1Y3.01%4.07%
Max drawdown-13.94%-26.76%

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

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