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MGOV vs FSMB

First Trust Intermediate Government Opportunities ETF vs First Trust Short Duration Managed Municipal ETF

MGOV

First Trust Intermediate Government Opportunities ETF

First Trust

Annual cost

0.49%

Fund size

$102M

FSMB

First Trust Short Duration Managed Municipal ETF

First Trust

Annual cost

0.34%

Fund size

$599M

Key differences

  • FSMB costs 0.15% less per year.
  • FSMB is significantly larger than MGOV — larger funds tend to be more liquid and less likely to close.
  • FSMB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MGOVFSMB
Annual cost (TER)0.49%0.34%
Fund size (AUM)$102M$599M
Since20232018
Dividend yield4.95%3.14%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+7.3%+4.2%
CAGR 3YN/A+3.5%
CAGR 5YN/A+1.5%
Sharpe 3YN/A-0.05
Volatility 1Y4.71%1.40%
Max drawdown-6.11%-6.32%

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

Similar to MGOV and FSMB