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FSMB vs LDSF

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

FSMB

First Trust Short Duration Managed Municipal ETF

First Trust

Annual cost

0.34%

Fund size

$599M

LDSF

First Trust Low Duration Strategic Focus ETF

First Trust

Annual cost

0.77%

Fund size

$160M

Key differences

  • FSMB costs 0.43% less per year.
  • FSMB is significantly larger than LDSF — larger funds tend to be more liquid and less likely to close.
  • FSMB follows a index tracking strategy; LDSF uses active selection.
  • Over the last 3 years, LDSF has delivered higher annualized returns.

Side-by-side comparison

FSMBLDSF
Annual cost (TER)0.34%0.77%
Fund size (AUM)$599M$160M
Since20182019
Dividend yield3.14%4.61%
Asset classfixed incomefixed income
Regionnorth america
Strategyindex trackingactive selection
CAGR 1Y+3.9%+5.3%
CAGR 3Y+3.2%+5.2%
CAGR 5Y+1.4%+2.4%
Sharpe 3Y-0.170.55
Volatility 1Y1.39%2.05%
Max drawdown-6.32%-8.56%

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

Similar to FSMB and LDSF