FSMB vs FTCA
Comparison between FIRST TRUST SHORT DURATION MANAGED MUNICIPAL ETF (FSMB, ETF) and Franklin California Municipal Income ETF (FTCA, ETF).
FSMB vs FTCA - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
FSMB
$611M
FTCA
$611M
Expense Ratio
Winner
FSMB
0.34%
FTCA
0.35%
Max Drawdown
FSMB
7.98%
Winner
FTCA
3.21%
Sharpe Ratio
Winner
FSMB
0.14
FTCA
0.03
5Y Beta
Winner
FSMB
-0.01
FTCA
0.09
5Y Dividends CAGR
FSMB
14.01%
FTCA
N/A
FSMB vs FTCA - Historical Returns
Returns include dividend reinvestment.
1M
FSMB
+0.42%
Winner
FTCA
+0.72%
3M
FSMB
+0.32%
Winner
FTCA
+1.56%
6M
FSMB
+1.43%
Winner
FTCA
+2.81%
1Y
FSMB
+3.87%
FTCA
N/A
5Y(CAGR)
FSMB
+1.47%
FTCA
N/A
Max(CAGR)
FSMB
+2.18%
Winner
FTCA
+3.83%
FSMB vs FTCA - Annual Returns (2018 - 2026)
Returns include dividend reinvestment.
| Year | FSMB | FTCA |
|---|---|---|
| 2026 | +1.15% | +2.04% |
| 2025 | +4.14% | +0.06% |
| 2024 | +2.35% | N/A |
| 2023 | +3.49% | N/A |
| 2022 | -3.93% | N/A |
| 2021 | +1.17% | N/A |
| 2020 | +3.44% | N/A |
| 2019 | +3.90% | N/A |
| 2018 | +0.61% | N/A |
FSMB vs FTCA Drawdown Comparison
The maximum drawdown for FSMB was -6.32%, occurring on Mar 20, 2020. Recovery took 91 trading sessions.
The maximum drawdown for FTCA was -2.91%, occurring on Mar 24, 2026. Recovery took 65 trading sessions.
The current FSMB drawdown is -0.22%. The current FTCA drawdown is -0.14%.
| Rank | FSMB | FTCA |
|---|---|---|
| #1 | -6.32% Mar 6, 2020 - Jul 16, 2020 | -2.91% Feb 27, 2026 - Jun 2, 2026 |
| #2 | -5.97% Jul 28, 2021 - Jul 9, 2024 | -1.10% Nov 11, 2025 - Jan 2, 2026 |
| #3 | -1.76% Apr 3, 2025 - Jun 4, 2025 | -0.65% Oct 27, 2025 - Nov 11, 2025 |
| #4 | -1.29% Feb 26, 2026 - Mar 24, 2026 | -0.54% Jan 13, 2026 - Feb 4, 2026 |
| #5 | -0.93% Feb 10, 2021 - Apr 15, 2021 | -0.14% Jun 3, 2026 - Jun 5, 2026 |
| #6 | -0.82% Oct 2, 2024 - Nov 27, 2024 | -0.13% Feb 12, 2026 - Feb 17, 2026 |
| #7 | -0.80% Dec 9, 2024 - Jan 30, 2025 | -0.07% Feb 6, 2026 - Feb 10, 2026 |
| #8 | -0.63% Aug 11, 2020 - Nov 4, 2020 | N/A |
| #9 | -0.55% Mar 10, 2025 - Apr 3, 2025 | N/A |
| #10 | -0.53% Aug 28, 2019 - Oct 9, 2019 | N/A |
| #11 | -0.39% Sep 17, 2025 - Nov 26, 2025 | N/A |
| #12 | -0.30% Feb 6, 2025 - Feb 21, 2025 | N/A |
| #13 | -0.29% Nov 1, 2019 - Nov 21, 2019 | N/A |
| #14 | -0.27% Apr 19, 2021 - May 25, 2021 | N/A |
| #15 | -0.27% Jan 6, 2020 - Jan 10, 2020 | N/A |
Correlation
Correlation between FSMB and FTCA is 0.94 which considered as a very strong positive correlation - the stocks move almost identically together.
0.94
-101
Dividend Comparison (2018 - 2026)
FSMB vs FTCA dividend yield comparison.
| Year | FSMB | FTCA |
|---|---|---|
| 2026 | 1.32% | 1.61% |
| 2025 | 3.09% | 0.74% |
| 2024 | 2.88% | 0.00% |
| 2023 | 2.40% | 0.00% |
| 2022 | 1.47% | 0.00% |
| 2021 | 1.20% | 0.00% |
| 2020 | 1.79% | 0.00% |
| 2019 | 2.27% | 0.00% |
| 2018 | 0.19% | 0.00% |
Select Stocks to Compare
Popular: FSMB vs SPYFTCA vs SPY
More Comparisons
Compare with similar stocks