FMHI vs HIMU
First Trust Municipal High Income ETF against iShares High Yield Muni Active ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
6%
69 shared positions
Fee gap
31 bp
HIMU is cheaper
1-year return gap
0.3 pts
FMHI is ahead
Larger fund
HIMU
$2.6B
Side by side
| FMHI | HIMU | |
|---|---|---|
| Fund | First Trust Municipal High Income ETF | iShares High Yield Muni Active ETF |
| Issuer | First Trust | iShares |
| Category | High Yield Muni | High Yield Muni |
| Expense ratio | 0.70% | 0.39% |
| Assets | $1.0B | $2.6B |
| Average daily dollar volume | $17M | $58M |
| Listed | Nov 1, 2017 | Aug 1, 2006 |
| FrenzyCap score | 55 | 65 |
| 1-month return | −1.8% | −0.9% |
| 3-month return | −4.4% | −4.5% |
| Year to date | −5.3% | −4.9% |
| 1-year return | −5.9% | −6.2% |
| 30-day volatility | 8.2% | 9.0% |
| Worst drawdown, 1 year | −8.5% | −9.8% |
| Trailing 12-month yield | 4.63% | 5.54% |
| Holdings | 767 | 1,006 |
| Top 10 weight | 5.7% | 13.0% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$53M thru Jul 2026 | +$350M 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
9% of FMHI · 7% of HIMU| Holding | FMHI | HIMU |
|---|---|---|
| MOBILE CNTY AL INDL DEV AUTH SOL WST DISP 5%, due 06/01/2054 | 0.45% | 0.45% |
| MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH 5.25%, due 07/01/2052 | 0.30% | 0.43% |
| PUERTO RICO CMWLTH 4%, due 07/01/2041 | 0.38% | 0.24% |
| OKLAHOMA ST DEV FIN AUTH 7.25%, due 09/01/2051 | 0.23% | 0.50% |
| MISSION TX ECON DEV CORP REVENUE Variable rate, due 08/01/2046 | 0.31% | 0.22% |
| GEISINGER PA AUTH HLTH SYS REV 4%, due 02/15/2047 | 0.21% | 0.91% |
| ARKANSAS ST DEV FIN AUTH INDL DEV REV 7%, due 07/01/2048 | 0.21% | 0.21% |
| LOUISIANA PUB FACS AUTH REVENUE 5.75%, due 09/01/2064 | 0.19% | 0.32% |
| BALDWIN CNTY AL INDL DEV AUTH Variable rate, due 03/01/2056 | 0.19% | 0.17% |
| LAKEWOOD RANCH FL STEWARDSHIP DIST 6%, due 05/01/2056 | 0.17% | 0.17% |
| MOBILE CNTY AL INDL DEV AUTH 4.75%, due 12/01/2054 | 0.17% | 0.24% |
| NATIONAL FIN AUTH NH SPL REVENUE 0%, due 12/15/2033 | 0.12% | 0.26% |
| NATIONAL FIN AUTH NH SPL REVENUE 0%, due 12/15/2041 | 0.12% | 0.12% |
| HOUSTON TX ARPT SYS REVENUE 4%, due 07/01/2041 | 0.12% | 0.12% |
| PENNSYLVANIA ST ECON DEV FING AUTH Variable rate, due 12/01/2037 | 0.18% | 0.12% |
| BLACK DESERT PUB INFRASTRUCTURE DIST UT 4%, due 03/01/2051 | 0.11% | 0.11% |
| ARKANSAS ST DEV FIN AUTH INDL DEV REV Variable rate, due 07/01/2056 | 0.10% | 0.29% |
| NATIONAL FIN AUTH NH SPL REVENUE 6.40%, due 12/01/2037 | 0.10% | 0.14% |
| SAINT JAMES PARISH LA REVENUE 6.35%, due 07/01/2040 | 0.10% | 0.13% |
| WASHINGTON ST HSG FIN COMMN NONPROFIT HSG 6.25%, due 01/01/2056 | 0.10% | 0.24% |
| VOLUSIA CNTY FL EDUCTNL FAC AUTH 5.25%, due 06/01/2049 | 0.13% | 0.10% |
| PALISADE CO MET DIST #2 LIMITED TAX 0%, due 12/15/2054 | 0.23% | 0.09% |
| REUNION E FL CDD SPL ASSMNT 4%, due 05/01/2051 | 0.13% | 0.09% |
| COOK CNTY IL MF HSG REVENUE 6.50%, due 01/01/2045 | 0.14% | 0.09% |
| FLORIDA ST DEV FIN CORP SOL WST DISP REV Variable rate, due 10/01/2054 | 0.10% | 0.09% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · FMHI holdings · HIMU 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.