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FMB vs FSMB

First Trust Managed Municipal ETF vs First Trust Short Duration Managed Municipal ETF

FMB

First Trust Managed Municipal ETF

First Trust

Annual cost

0.39%

Fund size

$2.0B

FSMB

First Trust Short Duration Managed Municipal ETF

First Trust

Annual cost

0.34%

Fund size

$599M

Key differences

  • FMB is significantly larger than FSMB — larger funds tend to be more liquid and less likely to close.

Side-by-side comparison

FMBFSMB
Annual cost (TER)0.39%0.34%
Fund size (AUM)$2.0B$599M
Since20142018
Dividend yield3.48%3.14%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+6.0%+3.9%
CAGR 3Y+3.4%+3.2%
CAGR 5Y+0.6%+1.4%
Sharpe 3Y-0.03-0.17
Volatility 1Y2.67%1.39%
Max drawdown-14.16%-6.32%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to FMB and FSMB