{
  "page": "compare",
  "query": {
    "a": "FSMB",
    "b": "FSTFX"
  },
  "retrieved_at": "2026-07-07T13:49:47+00:00",
  "disclaimer": "Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them.",
  "attribution": "Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC.",
  "terms": {
    "notice": "Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed.",
    "url": "https://fundwatcher.app/terms/"
  },
  "fund_a": {
    "name": "First Trust Short Duration Managed Municipal ETF",
    "ticker": "FSMB",
    "slug": "FSMB",
    "series_id": "S000063445",
    "html_url": "https://fundwatcher.app/funds/FSMB/"
  },
  "fund_b": {
    "name": "Fidelity Limited Term Municipal Income Fund",
    "ticker": "FSTFX",
    "slug": "FSTFX",
    "series_id": "S000007128",
    "html_url": "https://fundwatcher.app/funds/FSTFX/"
  },
  "overlap": {
    "coverage_a_by_b": "0.06584741051624194324705834313",
    "coverage_b_by_a": "0.06584741051624194324705834312",
    "shared_count": 50,
    "as_of": {
      "a": "2026-04-30",
      "b": "2026-03-31"
    },
    "a_top": [
      {
        "name": "Southeast Energy Authority, Alabama, Revenue Bonds Cooperative District Energy Supply Series 2024C",
        "value": "6372370.20",
        "weight": "0.01078087",
        "shared": true
      },
      {
        "name": "County of Utah UT",
        "value": "5000000.00",
        "weight": "0.00845907",
        "shared": false
      },
      {
        "name": "OH OHSDEV 11/01/2039",
        "value": "4805848.92",
        "weight": "0.00813060",
        "shared": false
      },
      {
        "name": "Wisconsin (State of) Public Finance Authority (Duke Energy Progress), Series 2022, Ref. RB",
        "value": "4281206.10",
        "weight": "0.00724301",
        "shared": false
      },
      {
        "name": "St. John the Baptist (Parish of), LA (Marathon Oil Corp.), Series 2017, Ref. RB",
        "value": "4026151.60",
        "weight": "0.00681150",
        "shared": false
      },
      {
        "name": "Main Street Energy, Inc., Series D",
        "value": "3895478.03",
        "weight": "0.00659043",
        "shared": false
      },
      {
        "name": "Palm Beach (County of), FL Health Facilities Authority (ACTS Retirement-Life Communities, Inc.), Series 2016, Ref. RB",
        "value": "3743929.08",
        "weight": "0.00633403",
        "shared": false
      },
      {
        "name": "NYC MUNI WTR FIN-BB",
        "value": "3500000.00",
        "weight": "0.00592135",
        "shared": false
      },
      {
        "name": "Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Refunding Series 2025A",
        "value": "3481712.58",
        "weight": "0.00589041",
        "shared": true
      },
      {
        "name": "Black Belt Energy Gas District",
        "value": "3440432.23",
        "weight": "0.00582057",
        "shared": false
      },
      {
        "name": "BLACK BELT ENERGY GAS VAR",
        "value": "3420591.24",
        "weight": "0.00578701",
        "shared": false
      },
      {
        "name": "NM MUNI ENERGY ACQ AU",
        "value": "3381642.53",
        "weight": "0.00572111",
        "shared": true
      },
      {
        "name": "NEW YORK ST HSG FIN AGY AFFORDABLE HSG REVENUE",
        "value": "3143053.75",
        "weight": "0.00531746",
        "shared": false
      },
      {
        "name": "LOS ANGELES CA DEPT OF ARPTS A REGD B/E AMT 5.00000000",
        "value": "3142415.10",
        "weight": "0.00531638",
        "shared": false
      },
      {
        "name": "ALLEGHENY HOSP DEV-A",
        "value": "3092031.90",
        "weight": "0.00523114",
        "shared": false
      },
      {
        "name": "WHITING IN ENVRNMNTL FACS REVE REGD V/R B/E AMT 5.00000000",
        "value": "3075758.09",
        "weight": "0.00520361",
        "shared": true
      },
      {
        "name": "MD CMNTY DEV-D-2",
        "value": "3035471.70",
        "weight": "0.00513545",
        "shared": false
      },
      {
        "name": "UNITED AIRLINES INC 4.0% 07-15-29",
        "value": "3018532.20",
        "weight": "0.00510680",
        "shared": false
      },
      {
        "name": "WASTE MANAGEMENT INC (MPT) 3.45% 11-01-44",
        "value": "3000298.80",
        "weight": "0.00507595",
        "shared": true
      },
      {
        "name": "NEW YORK NY REGD V/R B/E 2.65000000",
        "value": "3000000.00",
        "weight": "0.00507544",
        "shared": false
      },
      {
        "name": "NORTH CAROLINA ST HSG FIN AGYM REGD V/R B/E 5.00000000",
        "value": "2906436.68",
        "weight": "0.00491715",
        "shared": false
      },
      {
        "name": "TX TMGUTL 01/01/2054",
        "value": "2845828.47",
        "weight": "0.00481461",
        "shared": false
      },
      {
        "name": "FARM N MEX PCR 0% 6/1/2040 MT",
        "value": "2815916.35",
        "weight": "0.00476401",
        "shared": false
      },
      {
        "name": "Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Refunding Series 2024B",
        "value": "2731069.46",
        "weight": "0.00462046",
        "shared": false
      },
      {
        "name": "DFW ARPT 5% 11/1/2031 @",
        "value": "2725976.00",
        "weight": "0.00461185",
        "shared": false
      },
      {
        "name": "FLORIDA DEV FIN CORP HLTHCAREFACS REVENUE",
        "value": "2707992.75",
        "weight": "0.00458142",
        "shared": false
      },
      {
        "name": "City of Atlanta GA Department of Aviation",
        "value": "2697235.25",
        "weight": "0.00456322",
        "shared": false
      },
      {
        "name": "TN TNSUTL 05/01/2053",
        "value": "2573669.50",
        "weight": "0.00435417",
        "shared": false
      },
      {
        "name": "City of Philadelphia PA Airport Revenue",
        "value": "2566634.16",
        "weight": "0.00434227",
        "shared": false
      },
      {
        "name": "FAIRFAX C VA 5% 1/1/2045 MT",
        "value": "2555159.50",
        "weight": "0.00432286",
        "shared": true
      },
      {
        "name": "WASTE MANAGEMENT INC (MPT) 3.45% 10-01-41",
        "value": "2515175.25",
        "weight": "0.00425521",
        "shared": false
      },
      {
        "name": "NORTH BLOCK ASSOCIATES LLC HUD SECT 8 FHA 221(D)(4) (MPT) 3.4% 02-01-29",
        "value": "2511564.25",
        "weight": "0.00424910",
        "shared": false
      },
      {
        "name": "COUNTY OF TRIMBLE KY TRMENV 06/33 FIXED 3.75",
        "value": "2502465.75",
        "weight": "0.00423371",
        "shared": false
      },
      {
        "name": "ARKANSAS DEV FIN AUTH ENVIRONM REGD V/R B/E AMT 4.00000000",
        "value": "2495967.00",
        "weight": "0.00422271",
        "shared": false
      },
      {
        "name": "MOBILE PCR-VAR-AL PWR",
        "value": "2478086.00",
        "weight": "0.00419246",
        "shared": true
      },
      {
        "name": "MTRO WA DC ARPT 5% 10/1/2031 @",
        "value": "2455847.33",
        "weight": "0.00415484",
        "shared": false
      },
      {
        "name": "LEHIGH PA_IDA 3% 9/1/2029",
        "value": "2450784.00",
        "weight": "0.00414627",
        "shared": false
      },
      {
        "name": "INDIANAPOLIS IN LOCAL PUBLIC I REGD N/C B/E AMT 5.00000000",
        "value": "2438325.30",
        "weight": "0.00412519",
        "shared": false
      },
      {
        "name": "State of Illinois, Series C",
        "value": "2437731.08",
        "weight": "0.00412419",
        "shared": true
      },
      {
        "name": "NORTHWESTERN CORP 3.875% 07-01-28",
        "value": "2431955.57",
        "weight": "0.00411442",
        "shared": false
      },
      {
        "name": "HOUSTON-UTL SYS-B-REF",
        "value": "2424190.04",
        "weight": "0.00410128",
        "shared": false
      },
      {
        "name": "DE ST EDA 3.60% 1/1/31",
        "value": "2419505.95",
        "weight": "0.00409335",
        "shared": true
      },
      {
        "name": "PEFA INC VAR",
        "value": "2408907.05",
        "weight": "0.00407542",
        "shared": false
      },
      {
        "name": "TENNERGY CORP TN GAS REVENUE TENNERGY CORP/TN",
        "value": "2384879.46",
        "weight": "0.00403477",
        "shared": false
      },
      {
        "name": "NY TRANS CORP 5% 1/1/2032 @",
        "value": "2370014.59",
        "weight": "0.00400962",
        "shared": false
      },
      {
        "name": "SOUTHEAST ENERGY-F",
        "value": "2355034.34",
        "weight": "0.00398428",
        "shared": false
      },
      {
        "name": "SOUTHEAST ENERGY AUTH VAR",
        "value": "2342301.03",
        "weight": "0.00396274",
        "shared": false
      },
      {
        "name": "South Carolina Jobs-Economic Development Authority, Series 2023A",
        "value": "2313365.26",
        "weight": "0.00391378",
        "shared": false
      },
      {
        "name": "MTRO WA DC ARPT 5% 10/1/2035 @",
        "value": "2304524.08",
        "weight": "0.00389883",
        "shared": false
      },
      {
        "name": "NYC HSG DEV CORP-F-2A",
        "value": "2260772.92",
        "weight": "0.00382481",
        "shared": false
      }
    ],
    "b_top": [
      {
        "name": "Fidelity Municipal Cash Central Fund",
        "value": "158021763.87",
        "weight": "0.05452223",
        "shared": false
      },
      {
        "name": "SOUTHEAST ENERGY-E",
        "value": "39132195.22",
        "weight": "0.01350178",
        "shared": false
      },
      {
        "name": "WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE",
        "value": "26901471.34",
        "weight": "0.00928181",
        "shared": false
      },
      {
        "name": "WA ST HLTH CAR 5% 10/1/2035",
        "value": "21534540.30",
        "weight": "0.00743006",
        "shared": false
      },
      {
        "name": "MTRO WA DC ARPT 5% 10/1/2028 @",
        "value": "21508335.55",
        "weight": "0.00742102",
        "shared": false
      },
      {
        "name": "NYC NY 5% 8/1/2028",
        "value": "19720940.63",
        "weight": "0.00680431",
        "shared": false
      },
      {
        "name": "BLACK BELT ENERGY GAS VAR",
        "value": "19250469.37",
        "weight": "0.00664199",
        "shared": true
      },
      {
        "name": "Southeast Energy Authority, Alabama, Revenue Bonds Cooperative District Energy Supply Series 2024C",
        "value": "19209510.73",
        "weight": "0.00662786",
        "shared": true
      },
      {
        "name": "WA ST HLTH CAR 5% MT",
        "value": "17844626.17",
        "weight": "0.00615693",
        "shared": false
      },
      {
        "name": "WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE",
        "value": "17483841.22",
        "weight": "0.00603245",
        "shared": false
      },
      {
        "name": "WA ST HLTH CAR 5% 10/1/2030",
        "value": "17232398.40",
        "weight": "0.00594569",
        "shared": false
      },
      {
        "name": "MAIN STR NAT GA 4% MT",
        "value": "17160844.64",
        "weight": "0.00592100",
        "shared": false
      },
      {
        "name": "WHITING IN ENVRNMNTL FACS REVE REGD V/R B/E AMT 5.00000000",
        "value": "16040723.71",
        "weight": "0.00553453",
        "shared": true
      },
      {
        "name": "MAIN STR NAT GA 4% 07/01/2052 MT",
        "value": "15174726.00",
        "weight": "0.00523573",
        "shared": true
      },
      {
        "name": "School District of Broward County, Series 2025A",
        "value": "14703540.60",
        "weight": "0.00507316",
        "shared": false
      },
      {
        "name": "OKLAHOMA CTY OK 3% 7/1/2026",
        "value": "14534165.71",
        "weight": "0.00501472",
        "shared": false
      },
      {
        "name": "CHICAGO IL BRD OF EDU",
        "value": "14124221.75",
        "weight": "0.00487328",
        "shared": false
      },
      {
        "name": "DFW ARPT 5% 11/1/2050 MT @",
        "value": "14043718.00",
        "weight": "0.00484550",
        "shared": false
      },
      {
        "name": "California Community Choice Financing Authority",
        "value": "13772313.10",
        "weight": "0.00475186",
        "shared": false
      },
      {
        "name": "WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE",
        "value": "13760202.76",
        "weight": "0.00474768",
        "shared": false
      },
      {
        "name": "NYC NY 5% 8/1/2027",
        "value": "13618665.11",
        "weight": "0.00469885",
        "shared": false
      },
      {
        "name": "State of New Jersey, Series 2020A",
        "value": "13472482.14",
        "weight": "0.00464841",
        "shared": false
      },
      {
        "name": "NY TRANS CORP 5% 12/1/2026 @",
        "value": "13453616.33",
        "weight": "0.00464190",
        "shared": false
      },
      {
        "name": "UT CNTY UT HOSP 5% MT",
        "value": "13293922.47",
        "weight": "0.00458680",
        "shared": false
      },
      {
        "name": "MTRO WA DC ARPT 5% 10/1/2026@",
        "value": "13053775.29",
        "weight": "0.00450394",
        "shared": false
      },
      {
        "name": "NY TRANS CORP 5% 12/1/2027 @",
        "value": "12959276.13",
        "weight": "0.00447134",
        "shared": false
      },
      {
        "name": "TN TNSUTL 5 11/01/2034",
        "value": "12922186.21",
        "weight": "0.00445854",
        "shared": true
      },
      {
        "name": "COLORADO ST HLTH FACS AUTH REVENUE",
        "value": "12895617.24",
        "weight": "0.00444937",
        "shared": false
      },
      {
        "name": "TX SANUTL 02/01/2055",
        "value": "12711678.30",
        "weight": "0.00438591",
        "shared": false
      },
      {
        "name": "PORT NY NJ 5% 12/1/2028 @",
        "value": "12580493.26",
        "weight": "0.00434065",
        "shared": false
      },
      {
        "name": "KY HSG SFM 6% 7/1/2054",
        "value": "12415634.02",
        "weight": "0.00428376",
        "shared": false
      },
      {
        "name": "MAIN STR NAT GA 5% MT",
        "value": "12413840.35",
        "weight": "0.00428315",
        "shared": true
      },
      {
        "name": "LOVE FLD MOD TX 5% 11/1/2029 @",
        "value": "12412291.01",
        "weight": "0.00428261",
        "shared": false
      },
      {
        "name": "MINNEAPOLS MN 5% MT",
        "value": "12400011.18",
        "weight": "0.00427837",
        "shared": false
      },
      {
        "name": "NYC NY 5% 8/1/2028",
        "value": "12084992.42",
        "weight": "0.00416968",
        "shared": false
      },
      {
        "name": "TARRANT TX EDFC 5% MT",
        "value": "11755803.40",
        "weight": "0.00405610",
        "shared": false
      },
      {
        "name": "LOVE FLD MOD TX 5% 11/1/2028 @",
        "value": "11663622.52",
        "weight": "0.00402430",
        "shared": false
      },
      {
        "name": "OHIO HOUSING FINANCE AGENCY FNMA/GNMA/FHLMC 3.25% 03-01-51",
        "value": "11223312.44",
        "weight": "0.00387238",
        "shared": false
      },
      {
        "name": "NJ ST TRANSN TR FD",
        "value": "11043267.63",
        "weight": "0.00381026",
        "shared": false
      },
      {
        "name": "MAIN STR NAT GA 5% MT",
        "value": "10966924.66",
        "weight": "0.00378392",
        "shared": false
      },
      {
        "name": "NE CENPWR 08/01/2055",
        "value": "10834241.85",
        "weight": "0.00373814",
        "shared": true
      },
      {
        "name": "GRAND PKWY TRANSPRTN",
        "value": "10781003.92",
        "weight": "0.00371977",
        "shared": false
      },
      {
        "name": "CALIFORNIA COMMUNITY VAR",
        "value": "10660342.67",
        "weight": "0.00367814",
        "shared": false
      },
      {
        "name": "SAN ANTONIO TX ELEC   GAS REVE SANUTL 12/45 ADJUSTABLE VAR",
        "value": "10607678.96",
        "weight": "0.00365997",
        "shared": false
      },
      {
        "name": "HARRIS TX CED 5% MT",
        "value": "10579638.00",
        "weight": "0.00365029",
        "shared": false
      },
      {
        "name": "New Jersey Transportation Trust Fund Authority",
        "value": "10510606.00",
        "weight": "0.00362647",
        "shared": false
      },
      {
        "name": "SOUTHEAST ENRG 5% MT",
        "value": "10494150.00",
        "weight": "0.00362080",
        "shared": false
      },
      {
        "name": "GEORGIA POWER CO (MPT) 2.9% 08-01-43",
        "value": "10412157.56",
        "weight": "0.00359251",
        "shared": false
      },
      {
        "name": "MAIN STR NAT GA 5% MT",
        "value": "10283132.04",
        "weight": "0.00354799",
        "shared": true
      },
      {
        "name": "HI ST 5% 10/1/2026",
        "value": "10037376.00",
        "weight": "0.00346319",
        "shared": false
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0000940400-26-025147",
      "as_of": "2026-04-30",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1424212/000094040026025147/0000940400-26-025147-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0000035402-26-003413",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/35373/000003540226003413/0000035402-26-003413-index.htm"
    }
  ]
}