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FSMB vs CATF

First Trust Short Duration Managed Municipal ETF vs American Century California Municipal Bond ETF

FSMB

First Trust Short Duration Managed Municipal ETF

Annual cost

0.34%

Fund size

$611M

CATF

American Century California Municipal Bond ETF

Annual cost

0.27%

Fund size

$78M

Key differences

Both FSMB and CATF are fixed income ETFs. FSMB charges 0.34% a year and CATF 0.27%. The main difference: CATF costs 0.07% less per year.

  • CATF costs 0.07% less per year.
  • FSMB is much larger than CATF. Larger funds are usually more liquid and less likely to close.
  • FSMB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FSMBCATF
Annual cost (TER)0.34%0.27%
Fund size (AUM)$611M$78M
Since20182024
Dividend yield3.15%3.50%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionactive selection
CAGR 1Y+4.0%+7.7%
CAGR 3Y+3.5%N/A
CAGR 5Y+1.5%N/A
Sharpe 3Y-0.03N/A
Volatility 1Y1.40%3.10%
Max drawdown-6.32%-4.83%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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