First TrustMuni National ShortFUMB · NYSE Arca

First Trust Ultra Short Duration Municipal ETF (FUMB)

Compare Muni National Short ETFs Compare with others

Price: $20.03; —11 Sept 2026
Assets: $252.6M; Total net assets
Expense ratio: 0.29%; Category 0.54%
Yield: 2.73%; Trailing distributions

1Y return: 2.1%+0.7%; Category 1.4%
3Y CAGR: 2.9%-0.1%; Category 3.1%
5Y CAGR: 2.1%+0.4%; Category 1.7%

Loading NAV history…

First Trust Ultra Short Duration Municipal 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	0.0%	+0.4%	+0.8%	+1.7%	+2.1%	+2.9%	+2.1%	—	+1.8%
Muni National Short average	-0.4%	-0.1%	0.2%	1.0%	1.4%	3.1%	1.7%	1.5%	2.3%
Difference	+0.4%	+0.5%	+0.6%	+0.7%	+0.7%	-0.1%	+0.4%	—	-0.4%

Holdings

Allocation as last published by the fund.

Credit quality

Share of the bonds by rating.

AAA9.7%
AA53.9%
A31.1%
BBB3.6%
BB0.9%
Other0.9%

Asset mix

Bonds89.0%
Cash11.0%

ETF details

Issuer: First Trust
Category: Fixed Income · Muni National Short
Ticker: FUMB
Exchange: NYSE Arca
Inception: 1 Nov 2018 (7.9 years)
Structure: Exchange Traded Fund
Expense ratio: 0.29% (category 0.54%)
Holdings turnover: 113% (category 59%)
Distribution yield: 2.73%
Beta, 3 years: 0.07
Total net assets: $252.6M
Average duration: 4.33 years
Average maturity: 10.11 years

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

Other muni national short ETFs

Other ETFs in the Muni National Short category.

Compare Muni National Short ETFs