Performance analysis of FSMB (FIRST TRUST SHORT DURATION MANAGED MUNICIPAL ETF)
Annual Return
Over the past 3 years, FSMB has had an average annual return of +3.57%, underperforming the benchmark SPY, which returned +22.45% annual.
Over the past 5 years, FSMB has had an average annual return of +1.52%, underperforming the benchmark SPY, which returned +13.88% annual.
Since Nov 27, 2018, FSMB has had an average annual return of +2.18%, underperforming the benchmark SPY, which returned +16.50% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +1.15% | +4.22% | +2.36% | +3.54% | -3.75% | +1.20% | +3.51% | +3.80% | +0.61% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.61% | +0.79% | -1.03% | +0.42% | +0.32% | +0.05% | +1.15% | ||||||
| 2025 | +0.61% | +0.53% | -0.22% | -0.29% | +0.53% | +0.72% | +0.43% | +0.67% | +0.57% | +0.10% | +0.23% | +0.27% | +4.22% |
| 2024 | +0.06% | +0.10% | -0.07% | -0.24% | -0.03% | +0.66% | +0.88% | +0.67% | +0.40% | -0.40% | +0.71% | -0.40% | +2.36% |
| 2023 | +1.32% | -1.27% | +1.23% | -0.11% | -0.51% | +0.51% | +0.16% | -0.29% | -1.03% | -0.02% | +2.23% | +1.33% | +3.54% |
| 2022 | -1.50% | -0.34% | -1.41% | -1.13% | +0.73% | -0.45% | +1.23% | -1.05% | -1.59% | -0.23% | +1.98% | +0.03% | -3.75% |
| 2021 | +0.46% | -0.45% | +0.38% | +0.38% | +0.16% | +0.20% | +0.30% | -0.00912% | -0.19% | -0.10% | +0.13% | -0.05% | +1.20% |
| 2020 | +0.91% | +0.46% | -2.65% | -0.39% | +1.52% | +1.43% | +0.88% | -0.14% | +0.39% | -0.08% | +0.66% | +0.54% | +3.51% |
| 2019 | +0.19% | +0.29% | +0.55% | +0.11% | +0.56% | +0.54% | +0.56% | +0.47% | -0.03% | +0.19% | +0.09% | +0.21% | +3.80% |
| 2018 | +0% | +0.61% | +0.61% |
Drawdown analysis of FSMB (FIRST TRUST SHORT DURATION MANAGED MUNICIPAL ETF)
The maximum drawdown for the FSMB was -6.32%, occurring on Mar 20, 2020. Recovery took 81 trading sessions.
The current FSMB drawdown is -0.25%.
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -6.32% | Mar 6, 2020 | 10 | Mar 20, 2020 | 81 | Jul 16, 2020 | 91 |
| -5.98% | Jul 28, 2021 | 313 | Oct 24, 2022 | 427 | Jul 9, 2024 | 740 |
| -1.76% | Apr 3, 2025 | 4 | Apr 9, 2025 | 38 | Jun 4, 2025 | 42 |
| -1.29% | Feb 26, 2026 | 18 | Mar 24, 2026 | Ongoing | Ongoing | Ongoing |
| -0.94% | Feb 10, 2021 | 12 | Mar 1, 2021 | 32 | Apr 15, 2021 | 44 |
| -0.82% | Oct 2, 2024 | 25 | Nov 6, 2024 | 16 | Nov 29, 2024 | 41 |
| -0.80% | Dec 9, 2024 | 8 | Dec 19, 2024 | 26 | Jan 30, 2025 | 34 |
| -0.63% | Aug 11, 2020 | 11 | Aug 26, 2020 | 49 | Nov 4, 2020 | 60 |
| -0.54% | Mar 10, 2025 | 13 | Mar 27, 2025 | 5 | Apr 3, 2025 | 18 |
| -0.54% | Aug 28, 2019 | 11 | Sep 13, 2019 | 18 | Oct 9, 2019 | 29 |
| -0.39% | Sep 17, 2025 | 20 | Oct 15, 2025 | 40 | Dec 11, 2025 | 60 |
| -0.30% | Feb 6, 2025 | 4 | Feb 12, 2025 | 6 | Feb 21, 2025 | 10 |
| -0.30% | Nov 1, 2019 | 11 | Nov 18, 2019 | 3 | Nov 21, 2019 | 14 |
| -0.27% | Apr 19, 2021 | 8 | Apr 29, 2021 | 18 | May 25, 2021 | 26 |
| -0.27% | Jan 6, 2020 | 2 | Jan 8, 2020 | 2 | Jan 10, 2020 | 4 |
| -0.26% | Jun 14, 2021 | 9 | Jun 25, 2021 | 7 | Jul 7, 2021 | 16 |
| -0.26% | Jul 10, 2025 | 8 | Jul 22, 2025 | 5 | Jul 29, 2025 | 13 |
| -0.25% | Dec 7, 2018 | 2 | Dec 11, 2018 | 13 | Dec 31, 2018 | 15 |
| -0.23% | Oct 10, 2019 | 13 | Oct 29, 2019 | 3 | Nov 1, 2019 | 16 |
| -0.22% | Jan 23, 2019 | 3 | Jan 28, 2019 | 5 | Feb 4, 2019 | 8 |
| -0.21% | Aug 2, 2024 | 4 | Aug 8, 2024 | 9 | Aug 21, 2024 | 13 |
| -0.19% | Jan 13, 2021 | 4 | Jan 20, 2021 | 1 | Jan 21, 2021 | 5 |
| -0.19% | Jun 7, 2019 | 1 | Jun 10, 2019 | 10 | Jun 24, 2019 | 11 |
| -0.16% | Jul 23, 2020 | 2 | Jul 27, 2020 | 3 | Jul 30, 2020 | 5 |
| -0.16% | Mar 29, 2019 | 9 | Apr 11, 2019 | 8 | Apr 24, 2019 | 17 |