FSMB
First Trust Short Duration Managed Municipal ETF
First Trust Exchange-Traded Fund III
ETF

Average annual returns

Through 2025 · incl. N-PORT-derived 2025
1 year
4.18%
3 year
3.34%
5 year
1.48%
10 year

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

Calendar-year returns

2025 onward derived from N-PORT monthly returns

Risk statistics

81 months through April 30, 2026
Volatility (ann.)
2.17%
Sharpe
1.49
Sortino
3.18
Max drawdown
-5.86%
Best month
2.34%
Worst month
-2.74%

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

Machine-readable: JSON · Markdown. Programmatic access via the agent surface.