AFMC vs. LMBS
Compare and contrast key facts about First Trust Active Factor Mid Cap ETF (AFMC) and First Trust Low Duration Mortgage Opportunities ETF (LMBS).
AFMC and LMBS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AFMC is an actively managed fund by First Trust. It was launched on Dec 3, 2019. LMBS is an actively managed fund by First Trust. It was launched on Nov 4, 2014.
Performance
AFMC vs. LMBS - Performance Comparison
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AFMC vs. LMBS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
AFMC First Trust Active Factor Mid Cap ETF | 4.44% | 10.23% | 19.06% | 21.46% | -15.55% | 25.75% | 5.87% | 2.56% |
LMBS First Trust Low Duration Mortgage Opportunities ETF | 0.70% | 7.05% | 5.15% | 6.10% | -3.07% | -0.91% | 1.64% | -0.08% |
Returns By Period
In the year-to-date period, AFMC achieves a 4.44% return, which is significantly higher than LMBS's 0.70% return.
AFMC
- 1D
- 1.24%
- 1M
- -4.27%
- YTD
- 4.44%
- 6M
- 5.29%
- 1Y
- 18.27%
- 3Y*
- 16.83%
- 5Y*
- 9.05%
- 10Y*
- —
LMBS
- 1D
- 0.04%
- 1M
- -0.68%
- YTD
- 0.70%
- 6M
- 2.00%
- 1Y
- 5.59%
- 3Y*
- 5.70%
- 5Y*
- 2.96%
- 10Y*
- 2.84%
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AFMC vs. LMBS - Expense Ratio Comparison
AFMC has a 0.65% expense ratio, which is lower than LMBS's 0.68% expense ratio.
Return for Risk
AFMC vs. LMBS — Risk / Return Rank
AFMC
LMBS
AFMC vs. LMBS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Active Factor Mid Cap ETF (AFMC) and First Trust Low Duration Mortgage Opportunities ETF (LMBS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| AFMC | LMBS | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.94 | 2.19 | -1.24 |
Sortino ratioReturn per unit of downside risk | 1.45 | 2.92 | -1.46 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.47 | -0.27 |
Calmar ratioReturn relative to maximum drawdown | 1.45 | 3.26 | -1.81 |
Martin ratioReturn relative to average drawdown | 6.22 | 13.88 | -7.66 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AFMC | LMBS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.94 | 2.19 | -1.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.48 | 1.17 | -0.69 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.20 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 1.13 | -0.65 |
Correlation
The correlation between AFMC and LMBS is 0.06, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
AFMC vs. LMBS - Dividend Comparison
AFMC's dividend yield for the trailing twelve months is around 0.87%, less than LMBS's 4.09% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AFMC First Trust Active Factor Mid Cap ETF | 0.87% | 0.96% | 0.64% | 0.87% | 1.42% | 0.84% | 1.05% | 0.29% | 0.00% | 0.00% | 0.00% | 0.00% |
LMBS First Trust Low Duration Mortgage Opportunities ETF | 4.09% | 4.08% | 4.28% | 3.96% | 2.22% | 2.04% | 2.27% | 2.55% | 2.76% | 2.73% | 2.84% | 3.03% |
Drawdowns
AFMC vs. LMBS - Drawdown Comparison
The maximum AFMC drawdown since its inception was -42.14%, which is greater than LMBS's maximum drawdown of -6.49%. Use the drawdown chart below to compare losses from any high point for AFMC and LMBS.
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Drawdown Indicators
| AFMC | LMBS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.14% | -6.49% | -35.65% |
Max Drawdown (1Y)Largest decline over 1 year | -13.18% | -1.72% | -11.46% |
Max Drawdown (5Y)Largest decline over 5 years | -25.40% | -6.16% | -19.24% |
Max Drawdown (10Y)Largest decline over 10 years | — | -6.49% | — |
Current DrawdownCurrent decline from peak | -4.60% | -0.87% | -3.73% |
Average DrawdownAverage peak-to-trough decline | -7.79% | -0.81% | -6.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.07% | 0.40% | +2.67% |
Volatility
AFMC vs. LMBS - Volatility Comparison
First Trust Active Factor Mid Cap ETF (AFMC) has a higher volatility of 6.02% compared to First Trust Low Duration Mortgage Opportunities ETF (LMBS) at 0.88%. This indicates that AFMC's price experiences larger fluctuations and is considered to be riskier than LMBS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AFMC | LMBS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.02% | 0.88% | +5.14% |
Volatility (6M)Calculated over the trailing 6-month period | 11.42% | 1.37% | +10.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.45% | 2.57% | +16.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.97% | 2.55% | +16.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.11% | 2.38% | +20.73% |