First Trust Global Engineering and Construction ETF (FLM) belongs to the Building & Construction category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FLM. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FLM
FLM charges 0.70% annually. There are 3 ETFs in the Building & Construction category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR S&P Homebuilders ETF | 0.35% | 1.52B | Jan 2006 | FLM vs XHB | |
| iShares U.S. Home Construction ETF | 0.42% | 2.56B | May 2006 | FLM vs ITB | |
| Invesco Dynamic Building & Construction ETF | 0.60% | 458.03M | Oct 2005 | FLM vs PKB | |
| First Trust RBA American Industrial Renaissance ET... | 0.70% | 10.62B | Mar 2014 | FLM vs AIRR |
Best Risk-Adjusted Alternatives to FLM
FLM has a PortfoliosLab risk / return rank of 68. There is 1 ETF in the Building & Construction category with a higher risk-adjusted rank, going as high as 78.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust RBA American Industrial Renaissance ET... | 78 | 10.62B | Mar 2014 | FLM vs AIRR | |
| Invesco Dynamic Building & Construction ETF | 42 | 458.03M | Oct 2005 | FLM vs PKB | |
| SPDR S&P Homebuilders ETF | 14 | 1.52B | Jan 2006 | FLM vs XHB | |
| iShares U.S. Home Construction ETF | 11 | 2.56B | May 2006 | FLM vs ITB |
Top Performing FLM Alternatives (YTD)
FLM is at 19.89% YTD. There is 1 ETF in the Building & Construction category with a higher YTD return, going as high as 31.77%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust RBA American Industrial Renaissance ET... | 31.77% | 10.62B | Mar 2014 | FLM vs AIRR | |
| Invesco Dynamic Building & Construction ETF | 13.11% | 458.03M | Oct 2005 | FLM vs PKB | |
| SPDR S&P Homebuilders ETF | 1.06% | 1.52B | Jan 2006 | FLM vs XHB | |
| iShares U.S. Home Construction ETF | -3.80% | 2.56B | May 2006 | FLM vs ITB |
Lowest Volatility Alternatives to FLM
FLM has 13.45% 1-year volatility. No ETFs in the Building & Construction category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 23.04%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Dynamic Building & Construction ETF | 23.04% | 458.03M | Oct 2005 | FLM vs PKB | |
| First Trust RBA American Industrial Renaissance ET... | 25.40% | 10.62B | Mar 2014 | FLM vs AIRR | |
| SPDR S&P Homebuilders ETF | 27.75% | 1.52B | Jan 2006 | FLM vs XHB | |
| iShares U.S. Home Construction ETF | 29.47% | 2.56B | May 2006 | FLM vs ITB |
Lowest Drawdown Alternatives to FLM
FLM has a 1-year max drawdown of -7.19%. No ETFs in the Building & Construction category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -13.09%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust RBA American Industrial Renaissance ET... | -13.09% | 10.62B | Mar 2014 | FLM vs AIRR | |
| Invesco Dynamic Building & Construction ETF | -15.41% | 458.03M | Oct 2005 | FLM vs PKB | |
| SPDR S&P Homebuilders ETF | -21.71% | 1.52B | Jan 2006 | FLM vs XHB | |
| iShares U.S. Home Construction ETF | -26.04% | 2.56B | May 2006 | FLM vs ITB |
Other ETFs from First Trust
The 10 most viewed First Trust ETFs shown here include CIBR, GRID, NFTY and span 11 categories. AUM among these funds goes as high as $14B.
Often Compared With FLM
Investors most often compare FLM with VOO, FIW, RBIL. These 20 comparison targets span 19 categories, based on PortfoliosLab usage data.
Compare FLM with Any Fund or Stock
Compare FLM with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FLM with funds that move differently
First Trust Global Engineering and Construction ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FLM.
Explore FLM Diversifiers