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First Trust Enhanced Short Maturity ETF (FTSM)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

First Trust Enhanced Short Maturity ETF (FTSM)

ETF · Currency in USD · Last updated May 18, 2025

FTSM is an actively managed ETF by First Trust. FTSM launched on Aug 5, 2014 and has a 0.25% expense ratio.

ETF Info

ISIN

US33739Q4082

CUSIP

33739Q408

Issuer

First Trust

Inception Date

Aug 5, 2014

Region

North America (U.S.)

Category

Total Bond Market, Actively Managed

Leveraged

1x

Index Tracked

No Index (Active)

Home Page

www.ftportfolios.com

Asset Class

Bond

Expense Ratio

FTSM has an expense ratio of 0.25%, which is considered low.

Share Price Chart

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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Popular comparisons:
FTSM vs. PIMIX FTSM vs. PSDYX FTSM vs. JSOSX FTSM vs. PARYX FTSM vs. PSDSX FTSM vs. GOVT FTSM vs. JPST FTSM vs. UCON FTSM vs. SCHO FTSM vs. AGG
Popular comparisons:
FTSM vs. PIMIX FTSM vs. PSDYX FTSM vs. JSOSX FTSM vs. PARYX FTSM vs. PSDSX FTSM vs. GOVT FTSM vs. JPST FTSM vs. UCON FTSM vs. SCHO FTSM vs. AGG

Performance

Performance Chart

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Returns By Period

First Trust Enhanced Short Maturity ETF (FTSM) returned 1.69% year-to-date (YTD) and 5.09% over the past 12 months. Over the past 10 years, FTSM returned 2.15% annually, underperforming the S&P 500 benchmark at 10.89%.

FTSM

YTD

1.69%

1M

0.34%

6M

2.29%

1Y

5.09%

5Y*

2.81%

10Y*

2.15%

^GSPC (Benchmark)

YTD

1.30%

1M

12.79%

6M

1.49%

1Y

12.35%

5Y*

15.12%

10Y*

10.89%

*Annualized

Monthly Returns

The table below presents the monthly returns of FTSM, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20250.39%0.44%0.37%0.41%0.07%1.69%
20240.51%0.25%0.42%0.30%0.50%0.41%0.62%0.58%0.50%0.27%0.39%0.35%5.22%
20230.41%0.29%0.45%0.38%0.32%0.27%0.49%0.45%0.31%0.43%0.63%0.59%5.12%
2022-0.04%-0.09%-0.23%0.03%0.07%-0.14%0.19%0.17%0.03%0.18%0.42%0.42%1.02%
20210.01%-0.01%0.01%0.03%0.05%-0.02%0.03%0.02%0.03%-0.10%-0.04%-0.03%-0.01%
20200.23%0.15%-1.67%0.99%0.64%0.34%0.19%0.06%-0.01%0.09%0.07%0.04%1.12%
20190.33%0.26%0.26%0.24%0.28%0.23%0.22%0.21%0.18%0.22%0.13%0.22%2.82%
20180.22%0.09%0.09%0.23%0.17%0.17%0.23%0.25%0.16%0.13%0.10%0.09%1.94%
20170.08%0.18%0.09%0.11%0.13%0.14%0.14%0.12%0.10%0.18%0.11%0.06%1.45%
20160.16%0.09%-0.01%0.18%0.08%0.07%0.13%0.15%0.08%0.03%0.15%0.12%1.23%
20150.32%-0.05%0.08%0.10%0.03%-0.07%-0.12%1.84%-1.80%0.12%-0.04%-0.00%0.38%
20140.06%-0.04%0.01%0.02%-0.13%-0.08%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 99, FTSM is among the top 1% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.

The Risk-Adjusted Performance Rank of FTSM is 9999
Overall Rank
The Sharpe Ratio Rank of FTSM is 9999
Sharpe Ratio Rank
The Sortino Ratio Rank of FTSM is 9999
Sortino Ratio Rank
The Omega Ratio Rank of FTSM is 9999
Omega Ratio Rank
The Calmar Ratio Rank of FTSM is 100100
Calmar Ratio Rank
The Martin Ratio Rank of FTSM is 9999
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for First Trust Enhanced Short Maturity ETF (FTSM) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

First Trust Enhanced Short Maturity ETF Sharpe ratios as of May 18, 2025 (values are recalculated daily):

  • 1-Year: 9.52
  • 5-Year: 5.70
  • 10-Year: 1.78
  • All Time: 1.73

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of First Trust Enhanced Short Maturity ETF compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.

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Dividends

Dividend History

First Trust Enhanced Short Maturity ETF provided a 4.68% dividend yield over the last twelve months, with an annual payout of $2.80 per share. The fund has been increasing its distributions for 3 consecutive years.

0.00%1.00%2.00%3.00%4.00%5.00%$0.00$0.50$1.00$1.50$2.00$2.50$3.0020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$2.80$2.93$2.76$0.96$0.24$0.72$1.43$1.28$0.83$0.62$0.29$0.11

Dividend yield

4.68%4.91%4.62%1.62%0.39%1.20%2.38%2.14%1.38%1.03%0.48%0.19%

Monthly Dividends

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

JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.23$0.20$0.22$0.21$0.00$0.86
2024$0.26$0.24$0.25$0.25$0.25$0.25$0.25$0.25$0.25$0.24$0.23$0.23$2.93
2023$0.20$0.20$0.21$0.21$0.23$0.23$0.24$0.25$0.25$0.24$0.24$0.25$2.76
2022$0.02$0.02$0.02$0.03$0.04$0.06$0.08$0.10$0.11$0.14$0.16$0.19$0.96
2021$0.03$0.03$0.03$0.03$0.02$0.02$0.02$0.01$0.01$0.01$0.01$0.02$0.24
2020$0.10$0.09$0.09$0.08$0.07$0.06$0.05$0.04$0.04$0.04$0.03$0.04$0.72
2019$0.13$0.13$0.13$0.13$0.13$0.13$0.13$0.12$0.11$0.11$0.11$0.10$1.43
2018$0.08$0.08$0.09$0.10$0.10$0.11$0.12$0.12$0.12$0.12$0.12$0.12$1.28
2017$0.06$0.06$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.08$0.08$0.08$0.83
2016$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.06$0.06$0.06$0.06$0.06$0.62
2015$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.03$0.03$0.04$0.04$0.29
2014$0.02$0.02$0.02$0.02$0.04$0.11

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

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Worst Drawdowns

The table below displays the maximum drawdowns of the First Trust Enhanced Short Maturity 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 Enhanced Short Maturity ETF was 4.12%, occurring on Mar 20, 2020. Recovery took 54 trading sessions.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-4.12%Mar 4, 202013Mar 20, 202054Jun 8, 202067
-1.8%Sep 1, 201521Sep 30, 2015405May 10, 2017426
-0.65%Oct 6, 2021115Mar 21, 2022157Nov 2, 2022272
-0.35%Jun 8, 201558Aug 27, 20152Aug 31, 201560
-0.27%Nov 4, 201440Dec 31, 201414Jan 22, 201554

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

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