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LDSF vs FSMB

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

LDSF

First Trust Low Duration Strategic Focus ETF

First Trust

Annual cost

0.77%

Fund size

$160M

FSMB

First Trust Short Duration Managed Municipal ETF

First Trust

Annual cost

0.34%

Fund size

$599M

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.
  • LDSF follows a active selection strategy; FSMB uses index tracking.
  • Over the last 3 years, LDSF has delivered higher annualized returns.

Side-by-side comparison

LDSFFSMB
Annual cost (TER)0.77%0.34%
Fund size (AUM)$160M$599M
Since20192018
Dividend yield4.61%3.14%
Asset classfixed incomefixed income
Regionnorth america
Strategyactive selectionindex tracking
CAGR 1Y+5.3%+3.9%
CAGR 3Y+5.2%+3.2%
CAGR 5Y+2.4%+1.4%
Sharpe 3Y0.55-0.17
Volatility 1Y2.05%1.39%
Max drawdown-8.56%-6.32%

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

Similar to LDSF and FSMB