FMHI vs FMNY
First Trust Municipal High Income ETF against First Trust New York Municipal High Income ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
1%
10 shared positions
Fee gap
5 bp
FMNY is cheaper
1-year return gap
0.2 pts
FMHI is ahead
Larger fund
FMHI
$1.0B
Side by side
| FMHI | FMNY | |
|---|---|---|
| Fund | First Trust Municipal High Income ETF | First Trust New York Municipal High Income ETF |
| Issuer | First Trust | First Trust |
| Category | High Yield Muni | High Yield Muni |
| Expense ratio | 0.70% | 0.65% |
| Assets | $1.0B | $24M |
| Average daily dollar volume | $17M | $796K |
| Listed | Nov 1, 2017 | May 12, 2021 |
| FrenzyCap score | 55 | 29 |
| 1-month return | −1.8% | −1.1% |
| 3-month return | −4.4% | −4.3% |
| Year to date | −5.3% | −5.8% |
| 1-year return | −5.9% | −6.1% |
| 30-day volatility | 8.2% | 7.5% |
| Worst drawdown, 1 year | −8.5% | −9.3% |
| Trailing 12-month yield | 4.63% | 3.99% |
| Holdings | 767 | 76 |
| Top 10 weight | 5.7% | 23.6% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$53M thru Jul 2026 | +$1.3M thru Jul 2026 |
| 30-day implied volatility | — | — |
| Holdings as of | as of Oct 20, 2026issuer data | as of Oct 20, 2026issuer data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
1% of FMHI · 13% of FMNY| Holding | FMHI | FMNY |
|---|---|---|
| NEW YORK ST TRANSPRTN DEV CORP 5.25%, due 08/01/2031 | 0.32% | 0.93% |
| PUERTO RICO CMWLTH 4%, due 07/01/2033 | 0.28% | 1.64% |
| SUFFOLK REGL OFF-TRACK BETTING CORP NY 6%, due 12/01/2053 | 0.20% | 2.10% |
| PUERTO RICO SALES TAX FING CORP 4.329%, due 07/01/2040 | 0.10% | 1.59% |
| SHINGLE CREEK AT BRONSON CDD FL SPL ASSMNT 3.50%, due 06/15/2041 | 0.08% | 0.37% |
| NEW YORK ST DORM AUTH REVENUES 5%, due 07/01/2046 | 0.05% | 1.98% |
| DUTCHESS CNTY NY LOCAL DEV CORP N/C, 5%, due 10/01/2040 | 0.04% | 1.04% |
| OYSTER BAY NY 2%, due 03/01/2035 | 0.04% | 0.84% |
| NEW YORK ST DORM AUTH REVENUES 5%, due 07/01/2044 | 0.03% | 1.22% |
| PUERTO RICO INDL TOURIST EDUCTNL ETC FACS 6.50%, due 01/01/2042 | 0.03% | 1.12% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · FMHI holdings · FMNY holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.