FMB
First Trust Managed Municipal ETF
First Trust Exchange-Traded Fund III
ETF

Average annual returns

Through 2025
1 year
3.69%
3 year
3.90%
5 year
0.76%
10 year
2.59%

Standardized average annual total returns (before tax), from calendar-year returns; recent years derived from N-PORT monthly data.

Calendar-year returns

Risk statistics

81 months through April 30, 2026
Volatility (ann.)
4.85%
Sharpe
0.73
Sortino
1.40
Max drawdown
-13.78%
Best month
5.31%
Worst month
-5.83%

Derived from N-PORT monthly total returns; distinct from the prospectus returns above.

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