First TrustShort GovernmentLMBS · Nasdaq

First Trust Low Duration Opportunities ETF (LMBS)

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Price: $48.99; —30 Oct 2026
Assets: $6.4B; Total net assets
Expense ratio: 0.66%; Category 0.52%
Yield: 4.21%; Trailing distributions

1Y return: 2.3%+0.3%; Category 2.0%
3Y CAGR: 5.9%+1.6%; Category 4.4%
5Y CAGR: 3.1%+1.0%; Category 2.2%

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First Trust Low Duration Opportunities 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	+1.5%	0.0%	+0.3%	+1.4%	+2.3%	+5.9%	+3.1%	+2.4%	+2.9%
Short Government average	1.0%	0.5%	0.7%	1.2%	2.0%	4.4%	2.2%	1.9%	2.7%
Difference	+0.5%	-0.5%	-0.4%	+0.2%	+0.3%	+1.6%	+1.0%	+0.5%	+0.2%

Holdings

Allocation as last published by the fund.

Credit quality

Share of the bonds by rating.

AAA98.4%
AA0.6%
A0.4%
BBB0.1%
BB0.0%
Below B0.0%
Other0.5%

Asset mix

Bonds83.7%
Cash16.3%
Other0.0%

ETF details

Issuer: First Trust
Category: Fixed Income · Short Government
Ticker: LMBS
Exchange: Nasdaq
Inception: 4 Nov 2014 (12.0 years)
Structure: Exchange Traded Fund
Expense ratio: 0.66% (category 0.52%)
Holdings turnover: 268% (category 192%)
Distribution yield: 4.21%
Beta, 3 years: 0.49
Total net assets: $6.4B
Average duration: 4.08 years
Average maturity: 8.68 years

Prices and returns as of 30 Oct 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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