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FTSM vs FSMB

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

FTSM

First Trust Enhanced Short Maturity ETF

First Trust

Annual cost

0.29%

Fund size

$6.4B

FSMB

First Trust Short Duration Managed Municipal ETF

First Trust

Annual cost

0.34%

Fund size

$599M

Key differences

  • FTSM costs 0.05% less per year.
  • FTSM is significantly larger than FSMB — 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

FTSMFSMB
Annual cost (TER)0.29%0.34%
Fund size (AUM)$6.4B$599M
Since20142018
Dividend yield4.20%3.14%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+4.3%+3.9%
CAGR 3Y+4.9%+3.2%
CAGR 5Y+3.5%+1.4%
Sharpe 3Y2.51-0.17
Volatility 1Y0.48%1.39%
Max drawdown-4.12%-6.32%

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

Similar to FTSM and FSMB