AFSM vs MBSD

Comparison between FIRST TRUST ACTIVE FACTOR SMALL CAP ETF (AFSM, ETF) and FLEXSHARES DISCIPLINED DURATION MBS INDEX FUND (MBSD, ETF).

5-Year PerformanceAFSM has outperformed MBSD, delivering a return of +8.2% compared to +0.6%

AFSM vs MBSD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	AFSM(ETF)	MBSD(ETF)
Net Assets	$94M	$94M
Expense Ratio	0.75%	0.20%
Max Drawdown	43.54%	23.73%
Sharpe Ratio	1.29	0.21
5Y Beta	1.03	0.02
P/E Ratio	22.53	N/A
Forward P/E	13.66	N/A
5Y Dividends CAGR	14.72%	5.51%
5Y EPS CAGR	14.18%	N/A
Debt to Equity	58.32%	N/A
P/S Ratio	1.36	N/A
P/B Ratio	2.28	N/A

Net Assets

AFSM

$94M

MBSD

$94M

Expense Ratio

AFSM

0.75%

Winner

MBSD

0.20%

Max Drawdown

AFSM

43.54%

Winner

MBSD

23.73%

Sharpe Ratio

Winner

AFSM

1.29

MBSD

0.21

5Y Beta

AFSM

1.03

Winner

MBSD

0.02

P/E Ratio

AFSM

22.53

MBSD

N/A

Forward P/E

AFSM

13.66

MBSD

N/A

5Y Dividends CAGR

Winner

AFSM

14.72%

MBSD

5.51%

5Y EPS CAGR

AFSM

14.18%

MBSD

N/A

Debt to Equity

AFSM

58.32%

MBSD

N/A

P/S Ratio

AFSM

1.36

MBSD

N/A

P/B Ratio

AFSM

2.28

MBSD

N/A

AFSM vs MBSD - Historical Returns

Returns include dividend reinvestment.

Period	AFSM	MBSD
1 month	-0.16%	-0.25%
3 months	+10.66%	-0.81%
6 months	+13.57%	+0.26%
1 year	+28.91%	+4.71%
5 years(CAGR)	+8.21%	+0.56%
10 years(CAGR)	N/A	+1.37%
Max(CAGR)	+10.91%	+1.56%

Winner

AFSM

-0.16%

MBSD

-0.25%

Winner

AFSM

+10.66%

MBSD

-0.81%

Winner

AFSM

+13.57%

MBSD

+0.26%

Winner

AFSM

+28.91%

MBSD

+4.71%

5Y(CAGR)

Winner

AFSM

+8.21%

MBSD

+0.56%

10Y(CAGR)

AFSM

N/A

MBSD

+1.37%

Max(CAGR)

Winner

AFSM

+10.91%

MBSD

+1.56%

AFSM vs MBSD - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	AFSM	MBSD
2026	+13.71%	+0.14%
2025	+9.99%	+7.10%
2024	+10.93%	+2.83%
2023	+22.85%	+4.23%
2022	-17.86%	-9.31%
2021	+27.36%	-1.24%
2020	+8.73%	+5.22%
2019	+2.63%	+5.89%
2018	N/A	+0.19%
2017	N/A	+0.94%
2016	N/A	+0.74%
2015	N/A	+1.76%
2014	N/A	+1.20%

AFSM vs MBSD Drawdown Comparison

The maximum drawdown for AFSM was -43.54%, occurring on Mar 23, 2020. Recovery took 224 trading sessions.

The maximum drawdown for MBSD was -14.36%, occurring on Oct 20, 2022. Recovery took 1152 trading sessions.

The current AFSM drawdown is -2.87%. The current MBSD drawdown is -1.49%.

Rank	AFSM	MBSD
#1	-43.54% Jan 16, 2020 - Dec 4, 2020	-14.36% Feb 2, 2021 - Sep 4, 2025
#2	-28.27% Nov 16, 2021 - Feb 15, 2024	-3.08% Nov 2, 2016 - Feb 15, 2019
#3	-25.07% Nov 11, 2024 - Sep 11, 2025	-2.98% Mar 9, 2020 - Apr 24, 2020
#4	-9.56% Feb 26, 2026 - Apr 14, 2026	-2.17% Feb 27, 2026 - Mar 26, 2026
#5	-9.26% Jul 31, 2024 - Oct 14, 2024	-2.10% Jan 20, 2016 - Jul 5, 2016
#6	-8.21% Mar 15, 2021 - Apr 26, 2021	-1.97% Aug 24, 2015 - Jan 14, 2016
#7	-8.17% Feb 12, 2021 - Mar 12, 2021	-1.27% Apr 17, 2015 - Aug 24, 2015
#8	-8.05% Sep 18, 2025 - Dec 10, 2025	-1.08% Jul 6, 2016 - Sep 28, 2016
#9	-7.71% Jul 1, 2021 - Aug 27, 2021	-0.97% Nov 4, 2019 - Dec 3, 2019
#10	-7.54% Mar 28, 2024 - May 15, 2024	-0.83% Sep 22, 2025 - Oct 16, 2025
#11	-6.30% Apr 27, 2021 - Jun 1, 2021	-0.72% Sep 5, 2019 - Oct 2, 2019
#12	-5.51% May 15, 2024 - Jul 15, 2024	-0.71% Jun 16, 2020 - Aug 4, 2020
#13	-4.91% Sep 2, 2021 - Oct 20, 2021	-0.68% Oct 28, 2025 - Nov 24, 2025
#14	-4.84% Jun 8, 2021 - Jul 1, 2021	-0.68% Oct 7, 2019 - Nov 4, 2019
#15	-4.45% Jan 22, 2021 - Feb 4, 2021	-0.67% Sep 28, 2016 - Nov 1, 2016

Correlation

Correlation between AFSM and MBSD is 0.34 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.34

-101

Dividend Comparison (2014 - 2026)

AFSM vs MBSD dividend yield comparison.

Year	AFSM	MBSD
2026	0.11%	1.48%
2025	0.58%	4.23%
2024	0.58%	3.91%
2023	0.92%	3.39%
2022	1.28%	3.03%
2021	0.35%	2.41%
2020	0.53%	2.78%
2019	0.32%	3.42%
2018	0.00%	3.22%
2017	0.00%	3.30%
2016	0.00%	3.02%
2015	0.00%	3.46%
2014	0.00%	0.83%