FMHIvsVTECETF Comparison
First Trust Municipal High Income ETF (FMHI) and Vanguard California Tax-Exempt Bond ETF (VTEC) belong to the same industry segment: Municipal Bonds. In contrast, VTEC's top sector exposures are Municipal. FMHI is more expensive with a Total Expense Ratio (TER) of 0.49%, versus 0.06% for VTEC. FMHI is down -0.77% year-to-date (YTD) with +$196M in YTD flows. VTEC performs worse with -2.37% YTD performance, and +$2.54B in YTD flows. Run a side-by-side ETF comparison of FMHI and VTEC below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
FMHI vs VTEC performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FMHI VTEC | -1.13%-0.33% | -4.87%-3.44% | -0.77%-2.37% | -0.23%-1.74% | +11.04%n/a | -4.05%n/a |
| Flows | FMHI VTEC | +$6M+$796M | +$82M+$1.28B | +$196M+$2.54B | +$241M+$2.89B | +$597M- | +$798M- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FMHI VTEC | +6.23%+4.94% | +3.82%+3.13% | +4.52%n/a | +4.56%n/a |
| Max drawdown | FMHI VTEC | -7.19%-5.76% | -7.47%-6.50% | -7.47%n/a | -18.93%n/a |
| Max drawdown duration | FMHI VTEC | 88d92d | 105d229d | 105dn/a | 1746dn/a |
FMHI | VTEC | |
Last sale 10/16/2026 at 1:30 PM | $45.49 | $95.41 |
| Previous close 10/15/2026 | $45.45 | $95.36 |
| Consolidated volume 10/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Create an account to view replication metrics
FMHI | VTEC | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
FMHI | VTEC | |
|---|---|---|
| Last price | $45.49 | $95.41 |
| 1D performance | +0.08% | +0.05% |
| AuM | $1.02 B | $4.15 B |
| E/R | 0.49% | 0.06% |
FMHI | VTEC | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | First Trust | Vanguard |
| Benchmark | - | S&P California AMT-Free Municipal Bond Index |
| N° of holdings | - | 1739 |
| Asset class | - | Bonds |
| Trailing 12m distribution yield | Join | Join |
| Inception date | November 1, 2017 | January 30, 2024 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
