First Trust Intermediate Government Opportunities ETF (MGOV) Alternatives
First Trust Intermediate Government Opportunities ETF (MGOV) belongs to the Government Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with MGOV. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to MGOV
MGOV charges 0.65% annually. Among ETFs in the Government Bonds category, these options have the lowest expense ratios among MGOV alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| SPDR Portfolio Long Term Treasury ETF | 0.03% | May 23, 2007 | MGOV vs SPTL | |
| SPDR Portfolio Short Term Treasury ETF | 0.03% | Nov 30, 2011 | MGOV vs SPTS | |
| Bondbloxx Bloomberg One Year Target Duration US Tr... | 0.03% | Sep 13, 2022 | MGOV vs XONE | |
| Schwab Mortgage-Backed Securities ETF | 0.03% | Nov 18, 2024 | MGOV vs SMBS | |
| State Street SPDR Portfolio Treasury ETF | 0.03% | May 20, 2024 | MGOV vs SPTB |
Best Risk-Adjusted Alternatives to MGOV
Among ETFs in the Government Bonds category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| SPDR Barclays 1-3 Month T-Bill ETF | 100 | May 25, 2007 | MGOV vs BIL | |
| iShares Short Treasury Bond ETF | 100 | Jan 11, 2007 | MGOV vs SHV | |
| Goldman Sachs Access Treasury 0-1 Year ETF | 100 | Sep 6, 2016 | MGOV vs GBIL | |
| iShares Treasury Floating Rate Bond ETF | 100 | Feb 3, 2014 | MGOV vs TFLO | |
| WisdomTree Bloomberg Floating Rate Treasury Fund | 100 | Feb 4, 2014 | MGOV vs USFR |
Top Performing MGOV Alternatives (YTD)
MGOV alternatives from the Government Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| SoFi Enhanced Yield ETF | 4.09% | Nov 14, 2023 | MGOV vs THTA | |
| Quadratic Deflation ETF | 3.22% | Sep 16, 2021 | MGOV vs BNDD | |
| Simplify Stable Income ETF | 0.97% | Oct 27, 2022 | MGOV vs BUCK | |
| WisdomTree Bloomberg Floating Rate Treasury Fund | 0.93% | Feb 4, 2014 | MGOV vs USFR | |
| iShares Treasury Floating Rate Bond ETF | 0.92% | Feb 3, 2014 | MGOV vs TFLO |
Lowest Volatility Alternatives to MGOV
MGOV alternatives from the Government Bonds category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| iShares iBonds Dec 2024 Term Treasury ETF | 0.00% | Feb 25, 2020 | MGOV vs IBTE | |
| iShares Short Treasury Bond ETF | 0.21% | Jan 11, 2007 | MGOV vs SHV | |
| SPDR Barclays 1-3 Month T-Bill ETF | 0.21% | May 25, 2007 | MGOV vs BIL | |
| Goldman Sachs Access Treasury 0-1 Year ETF | 0.25% | Sep 6, 2016 | MGOV vs GBIL | |
| WisdomTree Bloomberg Floating Rate Treasury Fund | 0.29% | Feb 4, 2014 | MGOV vs USFR |
Lowest Drawdown Alternatives to MGOV
MGOV alternatives from the Government Bonds category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| iShares Short Treasury Bond ETF | -0.01% | Jan 11, 2007 | MGOV vs SHV | |
| SPDR Barclays 1-3 Month T-Bill ETF | -0.01% | May 25, 2007 | MGOV vs BIL | |
| Goldman Sachs Access Treasury 0-1 Year ETF | -0.02% | Sep 6, 2016 | MGOV vs GBIL | |
| iShares Treasury Floating Rate Bond ETF | -0.02% | Feb 3, 2014 | MGOV vs TFLO | |
| iShares iBonds Dec 2025 Term Treasury ETF | -0.04% | Feb 25, 2020 | MGOV vs IBTF |
Other ETFs from First Trust
Most popular First Trust ETFs on PortfoliosLab, across asset classes.
Often Compared With MGOV
What investors most often compare with MGOV, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| First Trust Long Duration Opportunities ETF | Mortgage Backed Securities, Actively Managed | 31 | -0.13% | Jan 22, 2019 | MGOV vs LGOV |
Compare MGOV with Any Fund or Stock
Compare MGOV with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.