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FTSM vs FTBI

First Trust Enhanced Short Maturity ETF vs First Trust Balanced Income ETF

FTSM

First Trust Enhanced Short Maturity ETF

First Trust

Annual cost

0.29%

Fund size

$6.4B

FTBI

First Trust Balanced Income ETF

First Trust

Annual cost

0.97%

Fund size

$20M

Key differences

  • FTSM costs 0.68% less per year.
  • FTSM is significantly larger than FTBI — larger funds tend to be more liquid and less likely to close.
  • FTSM is classified as fixed income, while FTBI is mixed asset — different risk/return profiles.
  • FTSM has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FTSMFTBI
Annual cost (TER)0.29%0.97%
Fund size (AUM)$6.4B$20M
Since20142025
Dividend yield4.20%
Asset classfixed incomemixed asset
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+4.3%N/A
CAGR 3Y+4.9%N/A
CAGR 5Y+3.5%N/A
Sharpe 3Y2.51N/A
Volatility 1Y0.48%
Max drawdown-4.12%-5.34%

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

Similar to FTSM and FTBI