FSMB vs FLRT

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

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

FSMB vs FLRT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

FSMB

$626M

Winner

FLRT

$629M

Expense Ratio

Winner

FSMB

0.34%

FLRT

0.60%

Max Drawdown

Winner

FSMB

7.98%

FLRT

25.83%

Sharpe Ratio

FSMB

-0.36

Winner

FLRT

0.88

5Y Beta

Winner

FSMB

-0.01

FLRT

0.08

5Y Dividends CAGR

FSMB

15.73%

Winner

FLRT

17.55%

FSMB vs FLRT - Historical Returns

Returns include dividend reinvestment.

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

FSMB

-0.12%

Winner

FLRT

+0.46%

FSMB

+0.40%

Winner

FLRT

+1.85%

FSMB

+0.72%

Winner

FLRT

+1.73%

FSMB

+3.21%

Winner

FLRT

+5.21%

5Y(CAGR)

FSMB

+1.40%

Winner

FLRT

+6.06%

10Y(CAGR)

FSMB

N/A

FLRT

+4.81%

Max(CAGR)

FSMB

+2.15%

Winner

FLRT

+4.48%

FSMB vs FLRT - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

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

FSMB vs FLRT Drawdown Comparison

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

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

The current FSMB drawdown is -0.33%.

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

Correlation

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

0.92

-101

Dividend Comparison (2015 - 2026)

FSMB vs FLRT dividend yield comparison.

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