MFLX vs RVNU
First Trust Flexible Municipal High Income ETF vs Xtrackers Municipal Infrastructure Revenue Bond Active ETF
Which is better, MFLX or RVNU?
Each has led over a different period.
RVNU has a lower expense ratio. MFLX led over 3Y, RVNU over 1Y, 5Y 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 | MFLX | RVNU |
|---|---|---|
| Expense Ratio | 0.93% | 0.15%Best |
| AUM | $20M | $131M |
| Dividend Yield | 4.51% | 3.84% |
| Holdings | 160 | 513 |
| YTD Return | -3.07% | -2.34%Best |
| 1Y Return | -2.70% | -2.40%Best |
| 3Y Return (annualized) | +4.24%Best | +3.67% |
| 5Y Return (annualized) | -1.53% | -1.20%Best |
| Volatility (annualized) | 8.6%Tie | 8.6%Tie |
| Max Drawdown | -26.9% | -23.5%Best |
| $10,000 over 5 years | $9,258 | $9,414Best |
| Fund Family | First Trust Portfolios (US) | Xtrackers ETFs |
| Category | Tax Preferred | Tax Preferred |
| Style | Municipal Bond | Municipal Bond |
| Inception | Sep 27, 2016 | Jun 4, 2013 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 29, 2016 to Oct 14, 2026 (10 years).
MFLX vs RVNU 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 10 years both funds cover.
MFLX vs RVNU Performance
First Trust Flexible Municipal High Income ETF (MFLX) is an ETF from First Trust Portfolios (US) and Xtrackers Municipal Infrastructure Revenue Bond Active ETF (RVNU) is an ETF from Xtrackers ETFs. Over the past year MFLX returned -2.70% while RVNU returned -2.40%. Year to date, MFLX is down 3.07% versus a loss of 2.34% for RVNU.
Over three years, MFLX compounded at +4.24% per year against +3.67% for RVNU; over five years the annualized figures are -1.53% and -1.20% respectively. Across the full 10-year window we track, RVNU has the edge at +0.03% annualized vs -0.15%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MFLX and RVNU have been equally volatile, both at 8.6% annualized.
The deepest peak-to-trough decline in our data was -26.9% for MFLX and -23.5% for RVNU. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
MFLX charges 0.93% per year while RVNU charges 0.15%. On a $10,000 position that is $93 vs $15 annually, a gap of $78 per year that compounds over a long holding period. On income, MFLX currently yields 4.51% against 3.84% for RVNU.
Holdings Overlap
We hold position weights for 1 holding in MFLX and 115 in RVNU, totalling 0.5% and 35.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in MFLX and 115 in RVNU, against full books of 160 and 513.
You are not choosing between two funds in isolation.
Whichever of MFLX and RVNU 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 is cheaper, MFLX or RVNU?
MFLX has an expense ratio of 0.93% while RVNU charges 0.15%. RVNU is the cheaper option, by $78 a year on a $10,000 investment.
Which performed better, MFLX or RVNU?
Over the past year MFLX returned -2.70% vs -2.40% for RVNU, so RVNU leads on 1-year performance. Over the longest common window we track (10 years), MFLX annualized -0.15% vs +0.03% for RVNU. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MFLX or RVNU?
MFLX and RVNU have been equally volatile, both at 8.6% annualized. Worst drawdown: MFLX -26.9% vs RVNU -23.5%.
Should I hold both MFLX and RVNU?
MFLX and RVNU have a monthly-return correlation of 0.82, 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, MFLX or RVNU?
MFLX yields 4.51% while RVNU yields 3.84%, so MFLX currently pays the higher dividend yield.
Is RVNU better than MFLX?
RVNU has a lower expense ratio. MFLX led over 3Y, RVNU over 1Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.