FNGO vs FSMB
Comparison between Bank of Montreal (FNGO, ETF) and FIRST TRUST SHORT DURATION MANAGED MUNICIPAL ETF (FSMB, ETF).
5-Year PerformanceFNGO has outperformed FSMB, delivering a return of +24.0% compared to +1.4%
FNGO vs FSMB - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
FNGO vs FSMB - Historical Returns
Returns include dividend reinvestment.
FNGO vs FSMB - Annual Returns (2018 - 2026)
Returns include dividend reinvestment.
| Year | FNGO | FSMB |
|---|---|---|
| 2026 | +18.66% | +1.11% |
| 2025 | +26.09% | +4.14% |
| 2024 | +112.25% | +2.35% |
| 2023 | +247.27% | +3.49% |
| 2022 | -72.76% | -3.93% |
| 2021 | +29.72% | +1.17% |
| 2020 | +219.34% | +3.44% |
| 2019 | +76.58% | +3.90% |
| 2018 | -40.52% | +0.61% |
FNGO vs FSMB Drawdown Comparison
The maximum drawdown for FNGO was -78.39%, occurring on Nov 9, 2022. Recovery took 566 trading sessions.
The maximum drawdown for FSMB was -6.32%, occurring on Mar 20, 2020. Recovery took 91 trading sessions.
The current FNGO drawdown is -13.89%. The current FSMB drawdown is -0.33%.
| Rank | FNGO | FSMB |
|---|---|---|
| #1 | -78.39% Nov 4, 2021 - Feb 7, 2024 | -6.32% Mar 6, 2020 - Jul 16, 2020 |
| #2 | -60.28% Feb 19, 2020 - Jun 10, 2020 | -5.97% Jul 28, 2021 - Jul 9, 2024 |
| #3 | -50.95% Aug 7, 2018 - Dec 23, 2019 | -1.76% Apr 3, 2025 - Jun 4, 2025 |
| #4 | -47.64% Feb 14, 2025 - Jun 26, 2025 | -1.29% Feb 26, 2026 - Jun 26, 2026 |
| #5 | -42.73% Oct 29, 2025 - May 26, 2026 | -0.93% Feb 10, 2021 - Apr 15, 2021 |
| #6 | -33.53% Jul 10, 2024 - Dec 3, 2024 | -0.82% Oct 2, 2024 - Nov 27, 2024 |
| #7 | -31.08% Feb 16, 2021 - Sep 7, 2021 | -0.80% Dec 9, 2024 - Jan 30, 2025 |
| #8 | -25.96% Sep 2, 2020 - Dec 7, 2020 | -0.63% Aug 11, 2020 - Nov 4, 2020 |
| #9 | -23.28% Jun 1, 2026 - Jun 25, 2026 | -0.55% Mar 10, 2025 - Apr 3, 2025 |
| #10 | -18.66% Apr 11, 2024 - May 15, 2024 | -0.53% Aug 28, 2019 - Oct 9, 2019 |
| #11 | -18.44% Sep 7, 2021 - Oct 19, 2021 | -0.39% Sep 17, 2025 - Nov 26, 2025 |
| #12 | -15.30% Dec 16, 2024 - Feb 14, 2025 | -0.33% Jul 6, 2026 - Jul 21, 2026 |
| #13 | -10.97% Jun 23, 2020 - Jul 2, 2020 | -0.30% Feb 6, 2025 - Feb 21, 2025 |
| #14 | -10.44% Jul 10, 2020 - Aug 5, 2020 | -0.29% Nov 1, 2019 - Nov 21, 2019 |
| #15 | -10.34% Jan 26, 2021 - Feb 4, 2021 | -0.27% Apr 19, 2021 - May 25, 2021 |
Correlation
Correlation between FNGO and FSMB is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.
Select Stocks to Compare
More Comparisons
Compare with similar stocks