FLRT vs FSMB

Comparison between PACER ARISTOTLE PACIFIC FLOATING RATE HIGH INCOME ETF (FLRT, ETF) and FIRST TRUST SHORT DURATION MANAGED MUNICIPAL ETF (FSMB, ETF).

5-Year PerformanceFLRT has outperformed FSMB, delivering a return of +6.1% compared to +1.4%

FLRT vs FSMB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FLRT(ETF)	FSMB(ETF)
Net Assets	$629M	$626M
Expense Ratio	0.60%	0.34%
Max Drawdown	25.83%	7.98%
Sharpe Ratio	0.88	-0.36
5Y Beta	0.08	-0.01
5Y Dividends CAGR	17.55%	15.73%

Net Assets

Winner

FLRT

$629M

FSMB

$626M

Expense Ratio

FLRT

0.60%

Winner

FSMB

0.34%

Max Drawdown

FLRT

25.83%

Winner

FSMB

7.98%

Sharpe Ratio

Winner

FLRT

0.88

FSMB

-0.36

5Y Beta

FLRT

0.08

Winner

FSMB

-0.01

5Y Dividends CAGR

Winner

FLRT

17.55%

FSMB

15.73%

FLRT vs FSMB - Historical Returns

Returns include dividend reinvestment.

Period	FLRT	FSMB
1 month	+0.46%	-0.12%
3 months	+1.85%	+0.40%
6 months	+1.73%	+0.72%
1 year	+5.21%	+3.21%
5 years(CAGR)	+6.06%	+1.40%
10 years(CAGR)	+4.81%	N/A
Max(CAGR)	+4.48%	+2.15%

Winner

FLRT

+0.46%

FSMB

-0.12%

Winner

FLRT

+1.85%

FSMB

+0.40%

Winner

FLRT

+1.73%

FSMB

+0.72%

Winner

FLRT

+5.21%

FSMB

+3.21%

5Y(CAGR)

Winner

FLRT

+6.06%

FSMB

+1.40%

10Y(CAGR)

FLRT

+4.81%

FSMB

N/A

Max(CAGR)

Winner

FLRT

+4.48%

FSMB

+2.15%

FLRT vs FSMB - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	FLRT	FSMB
2026	+2.25%	+1.11%
2025	+6.21%	+4.14%
2024	+9.20%	+2.35%
2023	+14.46%	+3.49%
2022	-2.73%	-3.93%
2021	+3.19%	+1.17%
2020	+2.59%	+3.44%
2019	+9.49%	+3.90%
2018	-0.90%	+0.61%
2017	+1.71%	N/A
2016	+9.89%	N/A
2015	-2.73%	N/A

FLRT vs FSMB Drawdown Comparison

The maximum drawdown for FLRT was -20.96%, occurring on Mar 24, 2020. Recovery took 205 trading sessions.

The maximum drawdown for FSMB was -6.32%, occurring on Mar 20, 2020. Recovery took 91 trading sessions.

The current FSMB drawdown is -0.33%.

Rank	FLRT	FSMB
#1	-20.96% Jan 21, 2020 - Nov 10, 2020	-6.32% Mar 6, 2020 - Jul 16, 2020
#2	-7.60% Jan 20, 2022 - Feb 1, 2023	-5.97% Jul 28, 2021 - Jul 9, 2024
#3	-6.60% Jan 19, 2017 - Aug 15, 2018	-1.76% Apr 3, 2025 - Jun 4, 2025
#4	-4.88% Aug 27, 2018 - Mar 5, 2019	-1.29% Feb 26, 2026 - Jun 26, 2026
#5	-4.41% Nov 25, 2016 - Dec 13, 2016	-0.93% Feb 10, 2021 - Apr 15, 2021
#6	-4.18% May 27, 2015 - Apr 25, 2016	-0.82% Oct 2, 2024 - Nov 27, 2024
#7	-3.67% Dec 13, 2016 - Jan 19, 2017	-0.80% Dec 9, 2024 - Jan 30, 2025
#8	-2.87% Feb 28, 2025 - May 13, 2025	-0.63% Aug 11, 2020 - Nov 4, 2020
#9	-2.39% Aug 15, 2018 - Aug 27, 2018	-0.55% Mar 10, 2025 - Apr 3, 2025
#10	-2.39% Oct 7, 2016 - Nov 11, 2016	-0.53% Aug 28, 2019 - Oct 9, 2019
#11	-2.19% Nov 11, 2016 - Nov 25, 2016	-0.39% Sep 17, 2025 - Nov 26, 2025
#12	-1.78% Jan 16, 2026 - Apr 24, 2026	-0.33% Jul 6, 2026 - Jul 21, 2026
#13	-1.65% Jun 8, 2016 - Jul 14, 2016	-0.30% Feb 6, 2025 - Feb 21, 2025
#14	-1.61% Feb 9, 2023 - Apr 4, 2023	-0.29% Nov 1, 2019 - Nov 21, 2019
#15	-1.59% May 14, 2015 - May 21, 2015	-0.27% Apr 19, 2021 - May 25, 2021

Correlation

Correlation between FLRT and FSMB is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92

-101

Dividend Comparison (2015 - 2026)

FLRT vs FSMB dividend yield comparison.

Year	FLRT	FSMB
2026	2.95%	1.86%
2025	6.93%	3.09%
2024	7.93%	2.88%
2023	8.40%	2.40%
2022	5.81%	1.47%
2021	3.16%	1.20%
2020	3.52%	1.79%
2019	4.30%	2.27%
2018	3.95%	0.19%
2017	3.20%	0.00%
2016	3.38%	0.00%
2015	3.21%	0.00%