FINS vs MGOV
Angel Oak Financial Strategies Income Term Trust vs First Trust Intermediate Government Opportunities ETF
Which is better, FINS or MGOV?
FINS has been ahead.
FINS led over 1Y, 3Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FINS | MGOV |
|---|---|---|
| Expense Ratio | - | 0.50% |
| AUM | $434M | $97M |
| Dividend Yield | 10.60% | 5.00% |
| Holdings | 242 | 406 |
| YTD Return | -2.43%Best | -2.85% |
| 1Y Return | +0.95%Best | -3.14% |
| 3Y Return (annualized) | +10.09%Best | +4.89% |
| 5Y Return (annualized) | +2.59% | - |
| Volatility (annualized) | 6.9% | 6.7%Best |
| Max Drawdown | -10.8% | -6.3%Best |
| $10,000 over 3.2 years | $14,058Best | $11,133 |
| Fund Family | Angel Oak Capital Advisors | First Trust Portfolios (US) |
| Category | Fixed Income | Fixed Income |
| Inception | May 29, 2019 | Aug 2, 2023 |
Not shown on this pair: Top 10 Weight, Style.
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Aug 3, 2023 to Oct 14, 2026 (3.2 years).
FINS vs MGOV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.2 years both funds cover.
FINS vs MGOV Performance
Angel Oak Financial Strategies Income Term Trust (FINS) is an ETF from Angel Oak Capital Advisors and First Trust Intermediate Government Opportunities ETF (MGOV) is an ETF from First Trust Portfolios (US). Over the past year FINS returned +0.95% while MGOV returned -3.14%. Year to date, FINS is down 2.43% versus a loss of 2.85% for MGOV.
Over three years, FINS compounded at +10.09% per year against +4.89% for MGOV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FINS has been the more volatile fund, with annualized monthly volatility of 6.9% compared with 6.7% for MGOV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -10.8% for FINS and -6.3% for MGOV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.42. They move together some of the time, and apart the rest.
Holdings Overlap
We hold position weights for 63 holdings in FINS and 10 in MGOV, totalling 37.4% and 10.2% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 63 days apart, FINS as of Jul 31, 2026 and MGOV as of Oct 2, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 63 positions we hold weights for in FINS and 10 in MGOV, against full books of 242 and 406.
You are not choosing between two funds in isolation.
Whichever of FINS and MGOV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which performed better, FINS or MGOV?
Over the past year FINS returned +0.95% vs -3.14% for MGOV, so FINS leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FINS or MGOV?
FINS has been the more volatile fund at 6.9% annualized versus 6.7% for MGOV. Worst drawdown: FINS -10.8% vs MGOV -6.3%.
Should I hold both FINS and MGOV?
FINS and MGOV have a monthly-return correlation of 0.42, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, FINS or MGOV?
FINS yields 10.60% while MGOV yields 5.00%, so FINS currently pays the higher dividend yield.
Is MGOV better than FINS?
FINS led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.