Overview Performance Dividends Correlations

1 Stock and 99 ETF FMHI (FIRST TRUST MUNICIPAL HIGH INCOME ETF) alternatives

The most close FMHI (FIRST TRUST MUNICIPAL HIGH INCOME ETF) alternative is ETF VTEL (Vanguard LongTerm TaxExempt Bond ETF). The correlation is 0.9811.

Stocks that highly correlated with FMHI

Symbol	Name	Market cap	Sector	Industry	Correlation
BON	Bon Natural Life Ltd	$4.72M	Basic Materials	Specialty Chemicals	0.91

ETFs that highly correlated with FMHI

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
VTEL	Vanguard LongTerm TaxExempt Bond ETF	$259M	0.09%	May 20, 2025	0.98
MINO	PIMCO MUNICIPAL INCOME OPPORTUNITIES ACTIVE EXCHANGE-TRADED FUND	$624M	0.39%	Sep 8, 2021	0.98
NHYM	Nuveen High Yield Municipal Income ETF	$133M	0.35%	Jan 22, 2025	0.97
FCAL	FIRST TRUST CALIFORNIA MUNICIPAL HIGH INCOME ETF	$205M	0.49%	Jun 20, 2017	0.97
SHYM	iShares High Yield Muni Income Active ETF	$545M	0.40%	Mar 16, 2021	0.97
FMNY	FIRST TRUST NEW YORK MUNICIPAL HIGH INCOME ETF	$37M	0.49%	May 12, 2021	0.97
EVYM	EATON VANCE HIGH INCOME MUNICIPAL ETF	$51M	0.40%	Feb 25, 2025	0.96
JMHI	JPMORGAN HIGH YIELD MUNICIPAL ETF	$271M	0.35%	Sep 17, 2007	0.96
CGHM	CAPITAL GROUP MUNICIPAL HIGH-INCOME ETF SHARE CLASS	$2.90B	0.34%	Jun 25, 2024	0.96
NUMI	Nuveen Municipal Income ETF	$80M	0.29%	Jan 22, 2025	0.96
JMSI	JPMORGAN SUSTAINABLE MUNICIPAL INCOME ETF	$364M	0.18%	Feb 9, 1993	0.96
HTAX	MACQUARIE NATIONAL HIGH-YIELD MUNICIPAL BOND ETF	$56M	0.49%	Mar 5, 2025	0.96
MMCA	NYLI MACKAY CALIFORNIA MUNI INTERMEDIATE ETF	$82M	0.36%	Dec 21, 2021	0.96
MBND	SPDR NUVEEN MUNICIPAL BOND ETF	$27M	0.40%	Feb 4, 2021	0.95
FMB	FIRST TRUST MANAGED MUNICIPAL ETF	$2B	0.39%	May 13, 2014	0.95
TAXF	AMERICAN CENTURY DIVERSIFIED MUNICIPAL BOND ETF	$627M	0.27%	Sep 10, 2018	0.95
RMCA	ROCKEFELLER CALIFORNIA MUNICIPAL BOND ETF	$16M	0.55%	Aug 12, 2024	0.95
MUNY	Vanguard New York TaxExempt Bond ETF	$372M	0.09%	May 20, 2025	0.95
DFCA	DIMENSIONAL CALIFORNIA MUNICIPAL BOND ETF	$678M	0.19%	Jun 26, 2023	0.95
MFSM	MFS ACTIVE INTERMEDIATE MUNI BOND ETF	$93M	0.34%	Dec 4, 2024	0.95
TAXM	BondBloxx ETF Trust IRM TaxAware ETF for Massachusetts Residents	$31M	0.35%	Mar 11, 2025	0.94
GMNY	GOLDMAN SACHS DYNAMIC NEW YORK MUNICIPAL INCOME ETF	$36M	0.30%	Jul 23, 2024	0.94
INMU	BlackRock Intermediate Muni Income Bond ETF	$458M	0.30%	Mar 16, 2021	0.94
BSMV	Invesco BulletShares 2031 Municipal Bond ETF	$184M	0.18%	Sep 15, 2021	0.94
MINN	MAIRS & POWER MINNESOTA MUNICIPAL BOND ETF	$46M	0.25%	Mar 11, 2021	0.94
BSMU	INVESCO BULLETSHARES 2030 MUNICIPAL BOND ETF	$251M	0.18%	Sep 16, 2020	0.94
CATF	AMERICAN CENTURY CALIFORNIA MUNICIPAL BOND ETF	$75M	0.27%	Jul 16, 2024	0.94
HIMU	iShares High Yield Muni Active ETF	$2.10B	0.39%	Aug 1, 2006	0.94
BSMY	Invesco BulletShares 2034 Municipal Bond ETF	$130M	0.18%	Sep 11, 2024	0.93
GCAL	GOLDMAN SACHS DYNAMIC CALIFORNIA MUNICIPAL INCOME ETF	$165M	0.30%	Jul 23, 2024	0.93
BSMW	Invesco BulletShares 2032 Municipal Bond ETF	$197M	0.18%	Mar 1, 2023	0.93
RMNY	ROCKEFELLER NEW YORK MUNICIPAL BOND ETF	$23M	0.55%	Aug 12, 2024	0.93
TXXI	BondBloxx ETF Trust IRM TaxAware Intermediate Duration	$29M	0.35%	Mar 11, 2025	0.93
RTAI	RAREVIEW TAX ADVANTAGED INCOME ETF	$18M	4.59%	Oct 20, 2020	0.93
FLMI	FRANKLIN DYNAMIC MUNICIPAL BOND ETF	$2B	0.30%	Aug 31, 2017	0.93
HMOP	HARTFORD MUNICIPAL OPPORTUNITIES ETF	$740M	0.29%	Dec 13, 2017	0.92
IROC	INVESCO ROCHESTER HIGH YIELD MUNICIPAL ETF	$114M	0.39%	Dec 9, 2022	0.92
BSSX	Invesco BulletShares 2033 Municipal Bond ETF	$123M	0.18%	Sep 20, 2023	0.92
CEFZ	RIVERNORTH ACTIVE INCOME ETF	$39M	3.36%	Dec 27, 2006	0.92
MFLX	FIRST TRUST FLEXIBLE MUNICIPAL HIGH INCOME ETF	$19M	0.75%	Sep 27, 2016	0.92
JLQD	JANUS HENDERSON CORPORATE BOND ETF	$25M	0.20%	Sep 8, 2021	0.91
NZF	Nuveen Municipal Credit Income Fund	$2.40B	N/A	N/A	0.91
BSMQ	INVESCO BULLETSHARES 2026 MUNICIPAL BOND ETF	$304M	0.18%	Sep 25, 2019	0.91
AVMU	AVANTIS CORE MUNICIPAL FIXED INCOME ETF	$159M	0.15%	Dec 10, 2020	0.91
RVNU	XTRACKERS MUNICIPAL INFRASTRUCTURE REVENUE BOND ETF	$136M	0.15%	Jun 4, 2013	0.91
NRK	Nuveen New York AMT-Free Quality Municipal Income Fund	$941M	N/A	N/A	0.91
XMPT	VANECK CEF MUNI INCOME ETF	$206M	1.97%	Jul 12, 2011	0.91
JHCB	JOHN HANCOCK CORPORATE BOND ETF	$107M	0.29%	Mar 30, 2021	0.91
DFNM	DIMENSIONAL NATIONAL MUNICIPAL BOND ETF	$2.10B	0.17%	Nov 15, 2021	0.90
HYMB	SPDR(R) NUVEEN BLOOMBERG HIGH YIELD MUNICIPAL BOND ETF	$2.90B	0.35%	Apr 13, 2011	0.90
CXE	MFS High Income Municipal Trust	$130M	N/A	N/A	0.90
MFM	MFS Municipal Income Trust	$246M	N/A	N/A	0.90
LQDB	ISHARES BBB RATED CORPORATE BOND ETF	$52M	0.15%	May 18, 2021	0.90
SCMB	SCHWAB MUNICIPAL BOND ETF	$3.70B	0.03%	Oct 11, 2022	0.90
MNBD	ALPS \| BBH INTERMEDIATE MUNICIPAL BOND ETF	$55M	0.44%	May 19, 2022	0.90
PTRB	PGIM TOTAL RETURN BOND ETF	$918M	0.49%	Dec 2, 2021	0.90
PWZ	INVESCO CALIFORNIA AMT-FREE MUNICIPAL BOND ETF	$1.10B	0.28%	Oct 11, 2007	0.89
FEIG	FLEXSHARES ESG & CLIMATE INVESTMENT GRADE CORPORATE CORE INDEX FUND	$43M	0.12%	Sep 20, 2021	0.89
CMU	MFS High Yield Municipal Trust	$96M	N/A	N/A	0.89
MUST	COLUMBIA MULTI-SECTOR MUNICIPAL INCOME ETF	$594M	0.23%	Oct 10, 2018	0.89
CGMU	CAPITAL GROUP MUNICIPAL INCOME ETF SHARE CLASS	$5.80B	0.27%	Oct 25, 2022	0.89
FSMB	FIRST TRUST SHORT DURATION MANAGED MUNICIPAL ETF	$599M	0.34%	Nov 1, 2018	0.89
VTEC	VANGUARD CALIFORNIA TAX-EXEMPT BOND ETF ETF SHARES	$2.40B	0.06%	Jan 26, 2024	0.89
JMUB	JPMorgan Municipal ETF	$7.50B	0.18%	Oct 29, 2018	0.89
BSMT	INVESCO BULLETSHARES 2029 MUNICIPAL BOND ETF	$260M	0.18%	Sep 25, 2019	0.89
DDX	DEFINED DURATION 10 ETF	$66M	0.25%	Sep 20, 2021	0.89
BSMR	INVESCO BULLETSHARES 2027 MUNICIPAL BOND ETF	$337M	0.18%	Sep 25, 2019	0.89
TAXE	T. ROWE PRICE INTERMEDIATE MUNICIPAL INCOME ETF	$157M	0.24%	Jul 9, 2024	0.89
BSCV	Invesco BulletShares 2031 Corporate Bond ETF	$1.70B	0.10%	Sep 15, 2021	0.89
JHMU	JOHN HANCOCK DYNAMIC MUNICIPAL BOND ETF	$43M	0.39%	Nov 1, 2023	0.88
IBDW	ISHARES IBONDS DEC 2031 TERM CORPORATE ETF	$2.40B	0.10%	Jun 22, 2021	0.88
CXH	MFS Investment Grade Municipal Trust	$70M	N/A	N/A	0.88
MLN	VANECK LONG MUNI ETF	$701M	0.24%	Jan 2, 2008	0.88
PZT	INVESCO NEW YORK AMT-FREE MUNICIPAL BOND ETF	$130M	0.28%	Oct 11, 2007	0.88
MHD	BlackRock MuniHoldings Fund Inc	$2.20B	N/A	N/A	0.88
MYN	BlackRock MuniYield New York Quality Fund Inc	$1B	N/A	N/A	0.88
NVG	Nuveen AMT-Free Municipal Credit Income Fund	$2.70B	N/A	N/A	0.88
SIFI	HARBOR SCIENTIFIC ALPHA INCOME ETF	$33M	0.50%	Sep 14, 2021	0.88
PMIO	PGIM MUNICIPAL INCOME OPPORTUNITIES ETF	$44M	0.25%	Jun 14, 2024	0.88
GMUB	GOLDMAN SACHS MUNICIPAL INCOME ETF	$263M	0.18%	Jul 23, 2024	0.87
PZA	INVESCO NATIONAL AMT-FREE MUNICIPAL BOND ETF	$4B	0.28%	Oct 11, 2007	0.87
OVT	Overlay Shares Short Term Bond ETF	$59M	0.79%	Jan 14, 2021	0.87
MYI	BlackRock MuniYield Quality Fund III Inc	$1.40B	N/A	N/A	0.87
DFCF	DIMENSIONAL CORE FIXED INCOME ETF	$10B	0.17%	Nov 15, 2021	0.87
NAD	Nuveen Quality Municipal Income Fund	$2.80B	N/A	N/A	0.87
MMIT	NYLI MACKAY MUNI INTERMEDIATE ETF	$1.60B	0.30%	Oct 18, 2017	0.87
AFB	AllianceBernstein National Municipal Income Fund Inc	$345M	N/A	N/A	0.87
PAB	PGIM ACTIVE AGGREGATE BOND ETF	$107M	0.19%	Apr 12, 2021	0.87
OBND	SPDR LOOMIS SAYLES OPPORTUNISTIC BOND ETF	$56M	0.55%	Sep 27, 2021	0.87
TOTR	T. ROWE PRICE TOTAL RETURN ETF	$547M	0.31%	Sep 28, 2021	0.87
EVIM	EATON VANCE INTERMEDIATE MUNICIPAL INCOME ETF	$209M	0.11%	Oct 16, 2023	0.87
IQI	Invesco Quality Municipal Income Trust	$534M	N/A	N/A	0.87
NBH	Neuberger Berman Municipal Fund Inc	$333M	N/A	N/A	0.87
KTF	DWS Municipal Income Trust	$360M	N/A	N/A	0.87
NXJ	Nuveen New Jersey Quality Municipal Income Fund	$512M	N/A	N/A	0.87
FIGB	FIDELITY INVESTMENT GRADE BOND ETF	$465M	0.36%	Mar 2, 2021	0.87
RDFI	RAREVIEW DYNAMIC FIXED INCOME ETF	$79M	4.23%	Oct 20, 2020	0.87
SBI	Western Asset Intermediate Muni Fund Inc	$119M	N/A	N/A	0.87
OVM	OVERLAY SHARES MUNICIPAL BOND ETF	$36M	0.81%	Sep 30, 2019	0.87