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FMB vs LDSF

First Trust Managed Municipal ETF vs First Trust Low Duration Strategic Focus ETF

FMB

First Trust Managed Municipal ETF

First Trust

Annual cost

0.39%

Fund size

$2.0B

LDSF

First Trust Low Duration Strategic Focus ETF

First Trust

Annual cost

0.77%

Fund size

$160M

Key differences

  • FMB costs 0.38% less per year.
  • FMB is significantly larger than LDSF — larger funds tend to be more liquid and less likely to close.
  • FMB follows a index tracking strategy; LDSF uses active selection.
  • Over the last 3 years, LDSF has delivered higher annualized returns.
  • FMB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FMBLDSF
Annual cost (TER)0.39%0.77%
Fund size (AUM)$2.0B$160M
Since20142019
Dividend yield3.48%4.61%
Asset classfixed incomefixed income
Regionnorth america
Strategyindex trackingactive selection
CAGR 1Y+6.0%+5.3%
CAGR 3Y+3.4%+5.2%
CAGR 5Y+0.6%+2.4%
Sharpe 3Y-0.030.55
Volatility 1Y2.67%2.05%
Max drawdown-14.16%-8.56%

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

Similar to FMB and LDSF