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FSMB vs ICSH

First Trust Short Duration Managed Municipal ETF vs iShares Ultra Short Duration Bond Active ETF

FSMB

First Trust Short Duration Managed Municipal ETF

Annual cost

0.34%

Fund size

$611M

ICSH

iShares Ultra Short Duration Bond Active ETF

Annual cost

0.08%

Fund size

$7.6B

Key differences

Both FSMB and ICSH are fixed income ETFs. FSMB charges 0.34% a year and ICSH 0.08%. The main difference: ICSH costs 0.26% less per year.

  • ICSH costs 0.26% less per year.
  • ICSH is much larger than FSMB. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, ICSH has delivered higher annualized returns.
  • ICSH has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FSMBICSH
Annual cost (TER)0.34%0.08%
Fund size (AUM)$611M$7.6B
Since20182013
Dividend yield3.15%4.38%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionactive selection
CAGR 1Y+4.0%+4.3%
CAGR 3Y+3.5%+5.2%
CAGR 5Y+1.5%+3.7%
Sharpe 3Y-0.033.41
Volatility 1Y1.40%0.41%
Max drawdown-6.32%-3.94%

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

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