FSMB:NYE-First Trust Short Duration Managed Municipal ETF (USD)

ETF | Muni National Short |

Last Closing

USD 19.735

Change

-0.04 (-0.18)%

Market Cap

USD 0.42B

Volume

0.11M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

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Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-07-01 )

Largest Industry Peers for Muni National Short

Symbol Name Price(Change) Market Cap
SUB iShares Short-Term National Mu..

+0.09 (+0.09%)

USD 8.66B
SHM SPDR® Nuveen Bloomberg Short ..

+0.12 (+0.25%)

USD 3.78B
SMMU PIMCO Short Term Municipal Bon..

+0.07 (+0.14%)

USD 0.59B
FUMB First Trust Ultra Short Durati..

-0.01 (-0.02%)

USD 0.20B
PVI Invesco VRDO Tax-Free ETF

-0.08 (-0.32%)

USD 0.04B

ETFs Containing FSMB

N/A

Market Performance

  Market Performance vs. Industry/Classification (Muni National Short) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -1.08% 29% F 38% F
Dividend Return 1.38% 71% C- 37% F
Total Return 0.30% 43% F 35% F
Trailing 12 Months  
Capital Gain -0.13% 29% F 36% F
Dividend Return 2.66% 71% C- 39% F
Total Return 2.54% 43% F 34% F
Trailing 5 Years  
Capital Gain -3.24% 43% F 46% F
Dividend Return 7.21% 100% F 24% F
Total Return 3.97% 57% F 40% F
Average Annual (5 Year Horizon)  
Capital Gain -0.82% 17% F 36% F
Dividend Return 0.62% 50% F 33% F
Total Return 1.44% 100% F 34% F
Risk Return Profile  
Volatility (Standard Deviation) 2.81% 33% F 96% N/A
Risk Adjusted Return 22.12% 50% F 46% F
Market Capitalization 0.42B 57% F 43% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.