First Trust Enhanced Short Maturity ETF (FTSM) Alternatives
First Trust Enhanced Short Maturity ETF (FTSM) belongs to the Ultrashort Bond category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FTSM. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to FTSM
FTSM charges 0.44% annually. Among ETFs in the Ultrashort Bond category, these options have the lowest expense ratios among FTSM alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Global X 1-3 Month T-Bill ETF | 0.07% | Jun 20, 2023 | FTSM vs CLIP | |
| Vanguard Ultra-Short Treasury ETF | 0.07% | Feb 7, 2025 | FTSM vs VGUS | |
| Vanguard 0-3 Month Treasury Bill ETF | 0.07% | Feb 7, 2025 | FTSM vs VBIL | |
| Invesco Short Term Treasury ETF | 0.08% | Jan 10, 2017 | FTSM vs TBLL | |
| iShares Ultra Short Duration Bond Active ETF | 0.08% | Dec 11, 2013 | FTSM vs ICSH |
Best Risk-Adjusted Alternatives to FTSM
Among ETFs in the Ultrashort Bond category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | 100 | May 26, 2020 | FTSM vs SGOV | |
| PIMCO Ultra Short Government Active Exchange-Trade... | 100 | Jun 21, 2023 | FTSM vs BILZ | |
| Invesco Short Term Treasury ETF | 100 | Jan 10, 2017 | FTSM vs TBLL | |
| SPDR Bloomberg 3-12 Month T-Bill ETF | 100 | Sep 24, 2020 | FTSM vs BILS | |
| US Treasury 3 Month Bill ETF | 100 | Aug 8, 2022 | FTSM vs TBIL |
Top Performing FTSM Alternatives (YTD)
FTSM alternatives from the Ultrashort Bond category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| CrossingBridge Ultra-Short Duration ETF | 2.92% | Sep 20, 2021 | FTSM vs CUSD | |
| Neos Enhanced Income Cash Alternative ETF | 1.30% | Aug 29, 2022 | FTSM vs CSHI | |
| American Century Multisector Floating Income ETF | 1.05% | Mar 14, 2023 | FTSM vs FUSI | |
| Alpha Architect 1-3 Month Box ETF | 1.03% | Dec 27, 2022 | FTSM vs BOXX | |
| Strive Enhanced Income Short Maturity ETF | 0.99% | Aug 9, 2023 | FTSM vs BUXX |
Lowest Volatility Alternatives to FTSM
FTSM alternatives from the Ultrashort Bond category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Invesco Short Term Treasury ETF | 0.20% | Jan 10, 2017 | FTSM vs TBLL | |
| iShares 0-3 Month Treasury Bond ETF | 0.20% | May 26, 2020 | FTSM vs SGOV | |
| PIMCO Ultra Short Government Active Exchange-Trade... | 0.21% | Jun 21, 2023 | FTSM vs BILZ | |
| SPDR Bloomberg 3-12 Month T-Bill ETF | 0.24% | Sep 24, 2020 | FTSM vs BILS | |
| ClearShares Ultra-Short Maturity ETF | 0.28% | Jul 10, 2018 | FTSM vs OPER |
Lowest Drawdown Alternatives to FTSM
FTSM alternatives from the Ultrashort Bond category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | -0.01% | May 26, 2020 | FTSM vs SGOV | |
| PIMCO Ultra Short Government Active Exchange-Trade... | -0.02% | Jun 21, 2023 | FTSM vs BILZ | |
| ClearShares Ultra-Short Maturity ETF | -0.02% | Jul 10, 2018 | FTSM vs OPER | |
| US Treasury 3 Month Bill ETF | -0.02% | Aug 8, 2022 | FTSM vs TBIL | |
| SPDR Bloomberg 3-12 Month T-Bill ETF | -0.03% | Sep 24, 2020 | FTSM vs BILS |
Other ETFs from First Trust
Most popular First Trust ETFs on PortfoliosLab, across asset classes.
Often Compared With FTSM
What investors most often compare with FTSM, based on PortfoliosLab usage data.
Compare FTSM with Any Fund or Stock
Compare FTSM with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.