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First Trust Managed Municipal ETF (FMB)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISINUS33739N1081
CUSIP33739N108
IssuerFirst Trust
Inception DateMay 13, 2014
RegionNorth America (U.S.)
CategoryMunicipal Bonds, Actively Managed
Index TrackedNo Index (Active)
Home Pagewww.ftportfolios.com
Asset ClassBond

Expense Ratio

The First Trust Managed Municipal ETF has a high expense ratio of 0.50%, indicating higher-than-average management fees.


0.50%1.00%1.50%2.00%0.50%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds to compare with FMB

First Trust Managed Municipal ETF

Popular comparisons: FMB vs. FTCS, FMB vs. VTSAX, FMB vs. LMBS, FMB vs. VOO, FMB vs. DFTIX

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in First Trust Managed Municipal ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


50.00%100.00%150.00%200.00%OctoberNovemberDecember2024FebruaryMarch
32.59%
180.54%
FMB (First Trust Managed Municipal ETF)
Benchmark (^GSPC)

S&P 500

Returns By Period

First Trust Managed Municipal ETF had a return of 0.28% year-to-date (YTD) and 4.50% in the last 12 months.


PeriodReturnBenchmark
Year-To-Date0.28%10.04%
1 month0.34%3.53%
6 months6.40%22.79%
1 year4.50%32.16%
5 years (annualized)1.55%13.15%
10 years (annualized)N/A10.96%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2024-0.02%0.20%
2023-1.05%-2.05%-1.38%5.24%2.63%

Risk-Adjusted Performance

Risk-Adjusted Performance Indicators

This table presents risk-adjusted performance metrics for First Trust Managed Municipal ETF (FMB) and compares them with a selected benchmark (^GSPC). These performance indicators assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
FMB
First Trust Managed Municipal ETF
1.16
^GSPC
S&P 500
2.76

Sharpe Ratio

The current First Trust Managed Municipal ETF Sharpe ratio is 1.16. A Sharpe ratio greater than 1.0 is considered acceptable.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00OctoberNovemberDecember2024FebruaryMarch
1.16
2.76
FMB (First Trust Managed Municipal ETF)
Benchmark (^GSPC)

Dividends

Dividend History

First Trust Managed Municipal ETF granted a 3.04% dividend yield in the last twelve months. The annual payout for that period amounted to $1.56 per share.


PeriodTTM2023202220212020201920182017201620152014
Dividend$1.56$1.54$1.24$1.12$1.24$1.37$1.36$1.33$1.50$1.60$0.88

Dividend yield

3.04%2.98%2.47%1.96%2.19%2.47%2.58%2.49%2.93%3.07%1.70%

Monthly Dividends

The table displays the monthly dividend distributions for First Trust Managed Municipal ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2024$0.14$0.14
2023$0.13$0.13$0.13$0.13$0.13$0.13$0.13$0.13$0.13$0.13$0.13$0.13
2022$0.09$0.09$0.09$0.09$0.10$0.10$0.11$0.11$0.11$0.12$0.12$0.12
2021$0.10$0.10$0.10$0.10$0.09$0.09$0.09$0.09$0.09$0.09$0.09$0.09
2020$0.11$0.11$0.11$0.11$0.11$0.11$0.10$0.10$0.10$0.10$0.10$0.10
2019$0.12$0.12$0.12$0.12$0.12$0.12$0.12$0.11$0.11$0.11$0.11$0.11
2018$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.12
2017$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11
2016$0.12$0.12$0.12$0.12$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.27
2015$0.12$0.12$0.12$0.12$0.12$0.12$0.12$0.12$0.12$0.12$0.12$0.33
2014$0.15$0.15$0.12$0.12$0.12$0.12$0.12

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-15.00%-10.00%-5.00%0.00%OctoberNovemberDecember2024FebruaryMarch
-4.45%
0
FMB (First Trust Managed Municipal ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the First Trust Managed Municipal ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the First Trust Managed Municipal ETF was 14.16%, occurring on Oct 26, 2022. The portfolio has not yet recovered.

The current First Trust Managed Municipal ETF drawdown is 4.45%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-14.16%Jul 20, 2021322Oct 26, 2022
-13.92%Mar 9, 202011Mar 23, 2020178Dec 3, 2020189
-6.01%Sep 8, 201660Dec 1, 2016127Jun 6, 2017187
-2.1%Feb 11, 202114Mar 3, 202158May 25, 202172
-2.02%Aug 16, 201856Nov 2, 201823Dec 7, 201879

Volatility

Volatility Chart

The current First Trust Managed Municipal ETF volatility is 0.52%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%OctoberNovemberDecember2024FebruaryMarch
0.52%
2.82%
FMB (First Trust Managed Municipal ETF)
Benchmark (^GSPC)