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FSMB vs ULST

First Trust Short Duration Managed Municipal ETF vs State Street Ultra Short Term Bond ETF

FSMB

First Trust Short Duration Managed Municipal ETF

Annual cost

0.34%

Fund size

$611M

ULST

State Street Ultra Short Term Bond ETF

Annual cost

0.20%

Fund size

$552M

Key differences

Both FSMB and ULST are fixed income ETFs. FSMB charges 0.34% a year and ULST 0.20%. The main difference: ULST costs 0.14% less per year.

  • ULST costs 0.14% less per year.
  • Over the last three years, ULST has delivered higher annualized returns.
  • ULST has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FSMBULST
Annual cost (TER)0.34%0.20%
Fund size (AUM)$611M$552M
Since20182013
Dividend yield3.15%4.22%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionactive selection
CAGR 1Y+4.0%+3.9%
CAGR 3Y+3.5%+4.9%
CAGR 5Y+1.5%+3.5%
Sharpe 3Y-0.031.22
Volatility 1Y1.40%0.66%
Max drawdown-6.32%-6.20%

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

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