FSMB vs IXP

Comparison between FIRST TRUST SHORT DURATION MANAGED MUNICIPAL ETF (FSMB, ETF) and ISHARES GLOBAL COMM SERVICES ETF (IXP, ETF).

5-Year PerformanceIXP has outperformed FSMB, delivering a return of +8.5% compared to +1.5%

FSMB vs IXP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FSMB(ETF)	IXP(ETF)
Net Assets	$599M	$599M
Expense Ratio	0.34%	0.40%
Max Drawdown	7.98%	53.06%
Sharpe Ratio	0.25	0.77
5Y Beta	-0.01	0.82
P/E Ratio	N/A	19.25
Forward P/E	N/A	17.15
PEG Ratio	N/A	0.21
5Y Dividends CAGR	14.01%	31.13%
5Y EPS CAGR	N/A	23.89%
Debt to Equity	N/A	29.97%
P/S Ratio	N/A	2.98
P/B Ratio	N/A	3.68

Net Assets

Winner

FSMB

$599M

IXP

$599M

Expense Ratio

Winner

FSMB

0.34%

IXP

0.40%

Max Drawdown

Winner

FSMB

7.98%

IXP

53.06%

Sharpe Ratio

FSMB

0.25

Winner

IXP

0.77

5Y Beta

Winner

FSMB

-0.01

IXP

0.82

P/E Ratio

FSMB

N/A

IXP

19.25

Forward P/E

FSMB

N/A

IXP

17.15

PEG Ratio

FSMB

N/A

IXP

0.21

5Y Dividends CAGR

FSMB

14.01%

Winner

IXP

31.13%

5Y EPS CAGR

FSMB

N/A

IXP

23.89%

Debt to Equity

FSMB

N/A

IXP

29.97%

P/S Ratio

FSMB

N/A

IXP

2.98

P/B Ratio

FSMB

N/A

IXP

3.68

FSMB vs IXP - Historical Returns

Returns include dividend reinvestment.

Period	FSMB	IXP
1 month	+0.39%	-3.23%
3 months	-0.05%	-1.42%
6 months	+1.44%	-3.09%
1 year	+3.92%	+14.87%
5 years(CAGR)	+1.50%	+8.54%
10 years(CAGR)	N/A	+9.09%
Max(CAGR)	+2.18%	+6.69%

Winner

FSMB

+0.39%

IXP

-3.23%

Winner

FSMB

-0.05%

IXP

-1.42%

Winner

FSMB

+1.44%

IXP

-3.09%

FSMB

+3.92%

Winner

IXP

+14.87%

5Y(CAGR)

FSMB

+1.50%

Winner

IXP

+8.54%

10Y(CAGR)

FSMB

N/A

IXP

+9.09%

Max(CAGR)

FSMB

+2.18%

Winner

IXP

+6.69%

FSMB vs IXP - Annual Returns (2001 - 2026)

Returns include dividend reinvestment.

Year	FSMB	IXP
2026	+1.08%	-1.50%
2025	+4.14%	+28.75%
2024	+2.35%	+32.58%
2023	+3.49%	+36.66%
2022	-3.93%	-33.85%
2021	+1.17%	+13.71%
2020	+3.44%	+20.64%
2019	+3.90%	+24.18%
2018	+0.61%	-14.27%
2017	N/A	+5.52%
2016	N/A	+6.96%
2015	N/A	+0.08%
2014	N/A	-0.28%
2013	N/A	+21.66%
2012	N/A	+6.25%
2011	N/A	+0.31%
2010	N/A	+9.48%
2009	N/A	+10.09%
2008	N/A	-30.11%
2007	N/A	+23.94%
2006	N/A	+31.42%
2005	N/A	-5.20%
2004	N/A	+17.65%
2003	N/A	+21.44%
2002	N/A	-27.77%
2001	N/A	-0.87%

FSMB vs IXP Drawdown Comparison

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

The maximum drawdown for IXP was -50.11%, occurring on Mar 9, 2009. Recovery took 1479 trading sessions.

The current FSMB drawdown is -0.30%. The current IXP drawdown is -5.89%.

Rank	FSMB	IXP
#1	-6.32% Mar 6, 2020 - Jul 16, 2020	-50.11% Oct 29, 2007 - Sep 13, 2013
#2	-5.97% Jul 28, 2021 - Jul 9, 2024	-45.32% Jan 4, 2002 - Nov 26, 2004
#3	-1.76% Apr 3, 2025 - Jun 4, 2025	-44.29% Sep 7, 2021 - Jun 5, 2024
#4	-1.29% Feb 26, 2026 - Mar 24, 2026	-27.11% Feb 19, 2020 - Jul 8, 2020
#5	-0.93% Feb 10, 2021 - Apr 15, 2021	-19.89% Jan 26, 2018 - Apr 29, 2019
#6	-0.82% Oct 2, 2024 - Nov 27, 2024	-17.54% Feb 14, 2025 - Jun 6, 2025
#7	-0.80% Dec 9, 2024 - Jan 30, 2025	-13.99% Apr 28, 2015 - Apr 19, 2016
#8	-0.63% Aug 11, 2020 - Nov 4, 2020	-13.95% Aug 15, 2016 - Dec 12, 2017
#9	-0.55% Mar 10, 2025 - Apr 3, 2025	-12.26% Jan 29, 2026 - Mar 27, 2026
#10	-0.53% Aug 28, 2019 - Oct 9, 2019	-10.63% Sep 2, 2020 - Nov 5, 2020
#11	-0.39% Sep 17, 2025 - Nov 26, 2025	-9.22% Dec 31, 2004 - Mar 22, 2006
#12	-0.30% Feb 6, 2025 - Feb 21, 2025	-9.13% Apr 29, 2019 - Jul 26, 2019
#13	-0.29% Nov 1, 2019 - Nov 21, 2019	-8.98% Jul 29, 2014 - Apr 23, 2015
#14	-0.27% Apr 19, 2021 - May 25, 2021	-8.65% Jul 10, 2024 - Sep 20, 2024
#15	-0.27% Jan 6, 2020 - Jan 10, 2020	-8.28% Jul 19, 2007 - Sep 13, 2007

Correlation

Correlation between FSMB and IXP is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.

0.98

-101

Dividend Comparison (2001 - 2026)

FSMB vs IXP dividend yield comparison.

Year	FSMB	IXP
2026	1.33%	0.00%
2025	3.09%	2.98%
2024	2.88%	1.35%
2023	2.40%	1.24%
2022	1.47%	0.62%
2021	1.20%	1.80%
2020	1.79%	0.95%
2019	2.27%	2.18%
2018	0.19%	4.32%
2017	0.00%	3.41%
2016	0.00%	4.02%
2015	0.00%	3.89%
2014	0.00%	12.39%
2013	0.00%	3.40%
2012	0.00%	4.76%
2011	0.00%	5.44%
2010	0.00%	4.23%
2009	0.00%	4.05%
2008	0.00%	4.66%
2007	0.00%	1.96%
2006	0.00%	2.39%
2005	0.00%	2.53%
2004	0.00%	1.25%
2003	0.00%	1.42%
2002	0.00%	1.74%
2001	0.00%	0.03%