FMHI vs SHYM
First Trust Municipal High Income ETF against iShares Short Duration High Yield Muni Active ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
5%
36 shared positions
Fee gap
30 bp
SHYM is cheaper
1-year return gap
2.9 pts
SHYM is ahead
Larger fund
FMHI
$1.0B
Side by side
| FMHI | SHYM | |
|---|---|---|
| Fund | First Trust Municipal High Income ETF | iShares Short Duration High Yield Muni Active ETF |
| Issuer | First Trust | iShares |
| Category | High Yield Muni | High Yield Muni |
| Expense ratio | 0.70% | 0.40% |
| Assets | $1.0B | $904M |
| Average daily dollar volume | $17M | $18M |
| Listed | Nov 1, 2017 | Mar 16, 2021 |
| FrenzyCap score | 55 | 58 |
| 1-month return | −1.8% | −0.4% |
| 3-month return | −4.4% | −2.0% |
| Year to date | −5.3% | −2.7% |
| 1-year return | −5.9% | −3.0% |
| 30-day volatility | 8.2% | 5.8% |
| Worst drawdown, 1 year | −8.5% | −5.8% |
| Trailing 12-month yield | 4.63% | 4.39% |
| Holdings | 767 | 545 |
| Top 10 weight | 5.7% | 11.0% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$53M thru Jul 2026 | +$259M 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
6% of FMHI · 9% of SHYM| Holding | FMHI | SHYM |
|---|---|---|
| PUB FIN AUTH WI TAX INCREMENT REV 5%, due 06/01/2041 | 0.38% | 0.65% |
| NEW YORK ST TRANSPRTN DEV CORP 5.25%, due 08/01/2031 | 0.32% | 0.89% |
| ARKANSAS ST DEV FIN AUTH CHRT SCH REV 5%, due 07/01/2036 | 0.30% | 0.42% |
| BLACK BELT ENERGY GAS DIST AL 5%, due 12/01/2034 | 0.30% | 1.11% |
| NATIONAL FIN AUTH NH SPL REVENUE 0%, due 12/15/2034 | 0.28% | 0.63% |
| PUERTO RICO CMWLTH 4%, due 07/01/2035 | 0.29% | 0.27% |
| MISSION TX ECON DEV CORP REVENUE Variable rate, due 08/01/2046 | 0.31% | 0.22% |
| NATIONAL FIN AUTH NH SPL REVENUE 6.50%, due 12/01/2034 | 0.20% | 0.33% |
| BALDWIN CNTY AL INDL DEV AUTH Variable rate, due 03/01/2056 | 0.19% | 0.67% |
| BRIGHTSHORE CDD FL CAPITAL IMPT REVENUE 5.30%, due 05/01/2046 | 0.16% | 0.18% |
| HOUSTON TX ARPT SYS REVENUE 5.50%, due 07/15/2035 | 0.15% | 0.23% |
| PUBLIC FIN AUTH WI REVENUE 0%, due 12/15/2036 | 0.15% | 0.33% |
| NATIONAL FIN AUTH NH SPL REVENUE 0%, due 12/15/2033 | 0.12% | 0.17% |
| NATIONAL FIN AUTH NH SPL REVENUE 5.875%, due 12/15/2033 | 0.12% | 0.15% |
| NEW YORK ST TRANSPRTN DEV CORP 5%, due 10/01/2040 | 0.12% | 0.25% |
| NATIONAL FIN AUTH NH SPL REVENUE 0%, due 12/15/2041 | 0.12% | 0.12% |
| ARKANSAS ST DEV FIN AUTH INDL DEV REV 7%, due 07/01/2048 | 0.21% | 0.12% |
| BUILD NYC RESOURCE CORP NY REV 6.50%, due 12/15/2045 | 0.14% | 0.11% |
| ARKANSAS ST DEV FIN AUTH INDL DEV REV Variable rate, due 07/01/2056 | 0.10% | 0.49% |
| CALIFORNIA ST MUNI FIN AUTH SPL FAC REV N/C, 4%, due 07/15/2029 | 0.10% | 0.80% |
| FLORIDA ST DEV FIN CORP SOL WST DISP REV Variable rate, due 10/01/2054 | 0.10% | 0.32% |
| NATIONAL FIN AUTH NH SPL REVENUE 6.125%, due 12/15/2035 | 0.10% | 0.11% |
| NATIONAL FIN AUTH NH SPL REVENUE 6.40%, due 12/01/2037 | 0.10% | 0.13% |
| ANNA TX SPL ASSMNT REVENUE 5.35%, due 09/15/2046 | 0.09% | 0.10% |
| NATIONAL FIN AUTH NH SPL REVENUE 0%, due 12/15/2033 | 0.09% | 0.13% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · FMHI holdings · SHYM 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.