First TrustUltrashort BondFTSM · Nasdaq

First Trust Enhanced Short Maturity ETF (FTSM)

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Price: $59.69; —11 Sept 2026
Assets: $6.5B; Total net assets
Expense ratio: 0.29%; Category 0.38%
Yield: 4.10%; Trailing distributions

1Y return: 3.6%-0.3%; Category 3.9%
3Y CAGR: 4.7%-0.4%; Category 5.1%
5Y CAGR: 3.6%-0.3%; Category 3.9%

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First Trust Enhanced Short Maturity ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	+0.1%	+0.8%	+1.8%	+2.3%	+3.6%	+4.7%	+3.6%	+2.6%	+2.2%
Ultrashort Bond average	0.3%	0.8%	2.0%	2.6%	3.9%	5.1%	3.9%	3.0%	3.4%
Difference	-0.1%	-0.1%	-0.2%	-0.2%	-0.3%	-0.4%	-0.3%	-0.4%	-1.2%

Holdings

Allocation as last published by the fund.

Sector allocation

Share of the equity the fund holds.

Real estate100.0%

Asset mix

Bonds78.2%
Cash21.8%

Credit quality

Share of the bonds by rating.

US government2.6%
AAA29.9%
AA15.1%
A27.1%
BBB27.9%

ETF details

Issuer: First Trust
Category: Fixed Income · Ultrashort Bond
Ticker: FTSM
Exchange: Nasdaq
Inception: 5 Aug 2014 (12.1 years)
Structure: Exchange Traded Fund
Expense ratio: 0.29% (category 0.38%)
Holdings turnover: 76% (category 63%)
Distribution yield: 4.10%
Beta, 3 years: 0.05
Total net assets: $6.5B
Average duration: 4.41 years
Average maturity: 9.97 years

Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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