First Trust Enhanced Short Maturity ETF (FTSM)
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 compared to other funds.
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. PARYX, FTSM vs. JSOSX, FTSM vs. PSDSX, FTSM vs. JPST, FTSM vs. GOVT, FTSM vs. ITOT, FTSM vs. SCHO, FTSM vs. AGG
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in First Trust Enhanced Short Maturity ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
First Trust Enhanced Short Maturity ETF had a return of 4.57% year-to-date (YTD) and 5.53% in the last 12 months. Over the past 10 years, First Trust Enhanced Short Maturity ETF had an annualized return of 1.94%, while the S&P 500 had an annualized return of 11.39%, indicating that First Trust Enhanced Short Maturity ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 4.57% | 25.48% |
| 1 month | 0.25% | 2.14% |
| 6 months | 2.69% | 12.76% |
| 1 year | 5.53% | 33.14% |
| 5 years (annualized) | 2.41% | 13.96% |
| 10 years (annualized) | 1.94% | 11.39% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.51% | 0.25% | 0.42% | 0.30% | 0.50% | 0.41% | 0.62% | 0.58% | 0.50% | 0.27% | 4.57% | ||
| 2023 | 0.41% | 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% |
| 2021 | 0.02% | -0.01% | 0.01% | 0.03% | 0.05% | -0.02% | 0.03% | 0.02% | 0.03% | -0.10% | -0.04% | -0.03% | -0.01% |
| 2020 | 0.23% | 0.15% | -1.67% | 0.99% | 0.64% | 0.34% | 0.19% | 0.06% | -0.01% | 0.09% | 0.07% | 0.04% | 1.12% |
| 2019 | 0.33% | 0.26% | 0.26% | 0.24% | 0.28% | 0.23% | 0.22% | 0.21% | 0.18% | 0.22% | 0.13% | 0.22% | 2.83% |
| 2018 | 0.22% | 0.09% | 0.09% | 0.23% | 0.17% | 0.17% | 0.23% | 0.25% | 0.16% | 0.13% | 0.10% | 0.09% | 1.94% |
| 2017 | 0.08% | 0.18% | 0.09% | 0.11% | 0.13% | 0.14% | 0.14% | 0.12% | 0.11% | 0.18% | 0.11% | 0.06% | 1.45% |
| 2016 | 0.16% | 0.09% | -0.01% | 0.18% | 0.08% | 0.07% | 0.13% | 0.15% | 0.08% | 0.03% | 0.15% | 0.12% | 1.23% |
| 2015 | 0.32% | -0.05% | 0.08% | 0.10% | 0.03% | -0.07% | -0.12% | 1.84% | -1.79% | 0.12% | -0.04% | -0.00% | 0.38% |
| 2014 | 0.06% | -0.04% | 0.01% | 0.03% | -0.13% | -0.07% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of FTSM is 100, placing it in the top 0% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
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.
Dividends
Dividend History
First Trust Enhanced Short Maturity ETF provided a 4.95% dividend yield over the last twelve months, with an annual payout of $2.97 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.97 | $2.76 | $0.96 | $0.24 | $0.72 | $1.43 | $1.29 | $0.83 | $0.62 | $0.29 | $0.12 |
Dividend yield | 4.95% | 4.62% | 1.62% | 0.39% | 1.20% | 2.38% | 2.15% | 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.26 | $0.24 | $0.25 | $0.25 | $0.25 | $0.25 | $0.25 | $0.25 | $0.25 | $0.24 | $0.00 | $2.47 | |
| 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 | $1.29 |
| 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 | $0.12 |
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.
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, 2020 | 13 | Mar 20, 2020 | 54 | Jun 8, 2020 | 67 |
| -1.79% | Sep 1, 2015 | 25 | Oct 6, 2015 | 401 | May 10, 2017 | 426 |
| -0.65% | Oct 6, 2021 | 115 | Mar 21, 2022 | 157 | Nov 2, 2022 | 272 |
| -0.35% | May 22, 2015 | 68 | Aug 27, 2015 | 2 | Aug 31, 2015 | 70 |
| -0.27% | Nov 4, 2014 | 40 | Dec 31, 2014 | 14 | Jan 22, 2015 | 54 |
Volatility
Volatility Chart
The current First Trust Enhanced Short Maturity ETF volatility is 0.13%, 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.