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FMB vs LMBS

First Trust Managed Municipal ETF vs First Trust Low Duration Opportunities ETF

FMB

First Trust Managed Municipal ETF

First Trust

Annual cost

0.39%

Fund size

$2.0B

LMBS

First Trust Low Duration Opportunities ETF

First Trust

Annual cost

0.66%

Fund size

$6.2B

Key differences

  • FMB costs 0.27% less per year.
  • LMBS is significantly larger than FMB — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, LMBS has delivered higher annualized returns.

Side-by-side comparison

FMBLMBS
Annual cost (TER)0.39%0.66%
Fund size (AUM)$2.0B$6.2B
Since20142014
Dividend yield3.48%4.09%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+6.0%+6.4%
CAGR 3Y+3.4%+5.6%
CAGR 5Y+0.6%+3.0%
Sharpe 3Y-0.030.75
Volatility 1Y2.67%1.96%
Max drawdown-14.16%-6.48%

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

Similar to FMB and LMBS