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FTSM vs FMB

First Trust Enhanced Short Maturity ETF vs First Trust Managed Municipal ETF

FTSM

First Trust Enhanced Short Maturity ETF

First Trust

Annual cost

0.29%

Fund size

$6.4B

FMB

First Trust Managed Municipal ETF

First Trust

Annual cost

0.39%

Fund size

$2.0B

Key differences

  • FTSM costs 0.10% less per year.
  • FTSM is significantly larger than FMB — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, FTSM has delivered higher annualized returns.

Side-by-side comparison

FTSMFMB
Annual cost (TER)0.29%0.39%
Fund size (AUM)$6.4B$2.0B
Since20142014
Dividend yield4.20%3.48%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+4.3%+6.0%
CAGR 3Y+4.9%+3.4%
CAGR 5Y+3.5%+0.6%
Sharpe 3Y2.51-0.03
Volatility 1Y0.48%2.67%
Max drawdown-4.12%-14.16%

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

Similar to FTSM and FMB