Which Funds Can FMNY Replace?

First Trust New York Municipal High Income ETF Fund Opportunity uses the published comparison universe. Data as of 2026-10-02.

Funds FMNY Can Replace

29 funds

FSI > 80 out of 510 similar funds

Competing Fund AUM

$16.56B

Assets in funds FMNY can compete with and replace

Outperformance Rank

#311

Rank among 510 similar funds

Who Holds Credible Replacements?

472 firms

114,392 connected advisors

Opportunity analysis

FMNY can replace 29 funds with FSI above 80 out of 510 similar funds, representing $16.56B in competing fund AUM. Its outperformance rank is #311 among those similar funds. 472 13F firms and 114,392 advisors are connected to credible replacements. The AUM-weighted historical probability of positive Information Ratio is 25.0%.

Fund details

Vehicle
ETF
Issuer
AJM Ventures LLC
Focus
Broad credit
Net expense ratio
0.49%
Assets under management
$36.0M

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