FMHI vs FTMH
First Trust Municipal High Income ETF against Franklin Municipal High Yield ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
4%
42 shared positions
Fee gap
35 bp
FTMH is cheaper
1-year return gap
—
Larger fund
FMHI
$1.0B
Side by side
| FMHI | FTMH | |
|---|---|---|
| Fund | First Trust Municipal High Income ETF | Franklin Municipal High Yield ETF |
| Issuer | First Trust | Franklin Templeton |
| Category | High Yield Muni | High Yield Muni |
| Expense ratio | 0.70% | 0.35% |
| Assets | $1.0B | $591M |
| Average daily dollar volume | $17M | $9.5M |
| Listed | Nov 1, 2017 | May 22, 2018 |
| FrenzyCap score | 55 | 58 |
| 1-month return | −1.8% | −1.6% |
| 3-month return | −4.4% | −5.1% |
| Year to date | −5.3% | −5.2% |
| 1-year return | −5.9% | — |
| 30-day volatility | 8.2% | 8.1% |
| Worst drawdown, 1 year | −8.5% | −9.5% |
| Trailing 12-month yield | 4.63% | 4.60% |
| Holdings | 767 | 561 |
| Top 10 weight | 5.7% | 9.4% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$53M 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
5% of FMHI · 8% of FTMH| Holding | FMHI | FTMH |
|---|---|---|
| PUERTO RICO CMWLTH 4%, due 07/01/2041 | 0.38% | 0.74% |
| PUBLIC FIN AUTH WI TOLL REVENUE 5.75%, due 06/30/2060 | 0.27% | 0.44% |
| SUFFOLK REGL OFF-TRACK BETTING CORP NY 6%, due 12/01/2053 | 0.20% | 0.41% |
| BLACK DESERT PUB INFRASTRUCTURE DIST UT 5.625%, due 12/01/2053 | 0.19% | 0.42% |
| LOUISIANA PUB FACS AUTH REVENUE 5.75%, due 09/01/2064 | 0.19% | 0.45% |
| LAKEWOOD RANCH FL STEWARDSHIP DIST 6%, due 05/01/2056 | 0.17% | 0.29% |
| STAMFORD CT HSG AUTH 6.50%, due 10/01/2055 | 0.22% | 0.15% |
| PENNSYLVANIA ST ECON DEV FING AUTH 5.25%, due 06/30/2053 | 0.51% | 0.14% |
| PUBLIC FIN AUTH WI RETMNT FAC REV 5%, due 10/01/2048 | 0.13% | 0.20% |
| HOUSTON TX ARPT SYS REVENUE 4%, due 07/01/2041 | 0.12% | 0.48% |
| PUBLIC FIN AUTH WI EDU REVENUE 5.50%, due 07/15/2056 | 0.12% | 0.19% |
| PHOENIX AZ INDL DEV AUTH EDU REV 5%, due 07/01/2046 | 0.18% | 0.10% |
| CALIFORNIA ST MUNI FIN AUTH MF HSG REV 5.45%, due 12/01/2042 | 0.10% | 0.61% |
| NEW YORK ST TRANSPRTN DEV CORP 6%, due 06/30/2054 | 0.10% | 0.96% |
| PIMA CNTY AZ INDL DEV AUTH SENIOR LIVING 6.75%, due 11/15/2042 | 0.10% | 0.16% |
| SOUTH CAROLINA ST JOBS-ECON DEV AUTH 5.50%, due 11/15/2044 | 0.10% | 0.11% |
| CANYONS MET DIST #5 CO 6.50%, due 12/01/2054 | 0.11% | 0.10% |
| MIDA CORMONT PUBLIC INFRASTRUCTURE DIST UT Variable rate, due 06/01/2055 | 0.17% | 0.10% |
| OKALOOSA CNTY FL INDL DEV REV 5.75%, due 05/15/2055 | 0.09% | 0.13% |
| SAINT JOHNS CNTY FL INDL DEV AUTH 4%, due 12/15/2041 | 0.09% | 0.09% |
| BUILD NYC RESOURCE CORP NY REV 6.25%, due 06/01/2056 | 0.08% | 0.13% |
| NEW JERSEY ST ECON DEV AUTH SPL FAC REV 5.625%, due 11/15/2030 | 0.08% | 0.13% |
| HENDERSON NV LOCAL IMPT DISTS 5%, due 03/01/2038 | 0.07% | 0.08% |
| IOWA ST FIN AUTH SENIOR LIVING FAC REV 5.75%, due 10/01/2055 | 0.07% | 0.20% |
| MICHIGAN ST STRATEGIC FUND 5.50%, due 10/01/2053 | 0.07% | 0.35% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · FMHI holdings · FTMH 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.