ILTB vs FSMB

Comparison between ISHARES CORE 10+ YEAR USD BOND ETF (ILTB, ETF) and FIRST TRUST SHORT DURATION MANAGED MUNICIPAL ETF (FSMB, ETF).

5-Year PerformanceFSMB has outperformed ILTB, delivering a return of +1.4% compared to -4.1%

ILTB vs FSMB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ILTB(ETF)	FSMB(ETF)
Net Assets	$625M	$626M
Expense Ratio	0.06%	0.34%
Max Drawdown	43.92%	7.98%
Sharpe Ratio	0.05	-0.36
5Y Beta	0.16	-0.01
5Y Dividends CAGR	-0.40%	15.73%

Net Assets

ILTB

$625M

Winner

FSMB

$626M

Expense Ratio

Winner

ILTB

0.06%

FSMB

0.34%

Max Drawdown

ILTB

43.92%

Winner

FSMB

7.98%

Sharpe Ratio

Winner

ILTB

0.05

FSMB

-0.36

5Y Beta

ILTB

0.16

Winner

FSMB

-0.01

5Y Dividends CAGR

ILTB

-0.40%

Winner

FSMB

15.73%

ILTB vs FSMB - Historical Returns

Returns include dividend reinvestment.

Period	ILTB	FSMB
1 month	-2.33%	-0.12%
3 months	-1.80%	+0.40%
6 months	-1.65%	+0.72%
1 year	+3.35%	+3.21%
5 years(CAGR)	-4.11%	+1.40%
10 years(CAGR)	+0.73%	N/A
Max(CAGR)	+3.79%	+2.15%

ILTB

-2.33%

Winner

FSMB

-0.12%

ILTB

-1.80%

Winner

FSMB

+0.40%

ILTB

-1.65%

Winner

FSMB

+0.72%

Winner

ILTB

+3.35%

FSMB

+3.21%

5Y(CAGR)

ILTB

-4.11%

Winner

FSMB

+1.40%

10Y(CAGR)

ILTB

+0.73%

FSMB

N/A

Max(CAGR)

Winner

ILTB

+3.79%

FSMB

+2.15%

ILTB vs FSMB - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

Year	ILTB	FSMB
2026	-1.23%	+1.11%
2025	+7.18%	+4.14%
2024	-2.26%	+2.35%
2023	+6.68%	+3.49%
2022	-25.30%	-3.93%
2021	-2.14%	+1.17%
2020	+15.27%	+3.44%
2019	+19.13%	+3.90%
2018	-4.25%	+0.61%
2017	+11.16%	N/A
2016	+7.20%	N/A
2015	-4.94%	N/A
2014	+19.44%	N/A
2013	-9.09%	N/A
2012	+8.57%	N/A
2011	+23.29%	N/A
2010	+10.29%	N/A
2009	-0.86%	N/A

ILTB vs FSMB Drawdown Comparison

The maximum drawdown for ILTB was -36.88%, occurring on Oct 19, 2023. This drawdown has not yet recovered.

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

The current ILTB drawdown is -22.63%. The current FSMB drawdown is -0.33%.

Rank	ILTB	FSMB
#1	-36.88% Aug 6, 2020 - Oct 19, 2023	-6.32% Mar 6, 2020 - Jul 16, 2020
#2	-19.62% Mar 6, 2020 - Jul 7, 2020	-5.97% Jul 28, 2021 - Jul 9, 2024
#3	-15.32% Jul 25, 2012 - Jul 17, 2014	-1.76% Apr 3, 2025 - Jun 4, 2025
#4	-11.94% Jul 8, 2016 - Dec 6, 2017	-1.29% Feb 26, 2026 - Jun 26, 2026
#5	-11.80% Jan 30, 2015 - May 13, 2016	-0.93% Feb 10, 2021 - Apr 15, 2021
#6	-10.19% Sep 1, 2010 - Aug 2, 2011	-0.82% Oct 2, 2024 - Nov 27, 2024
#7	-9.29% Dec 15, 2017 - Mar 25, 2019	-0.80% Dec 9, 2024 - Jan 30, 2025
#8	-6.65% Sep 22, 2011 - Jan 17, 2012	-0.63% Aug 11, 2020 - Nov 4, 2020
#9	-5.61% Aug 28, 2019 - Jan 23, 2020	-0.55% Mar 10, 2025 - Apr 3, 2025
#10	-5.49% Jan 31, 2012 - May 4, 2012	-0.53% Aug 28, 2019 - Oct 9, 2019
#11	-4.04% Aug 28, 2014 - Oct 13, 2014	-0.39% Sep 17, 2025 - Nov 26, 2025
#12	-3.34% Aug 10, 2011 - Aug 18, 2011	-0.33% Jul 6, 2026 - Jul 21, 2026
#13	-3.27% Aug 19, 2011 - Sep 2, 2011	-0.30% Feb 6, 2025 - Feb 21, 2025
#14	-3.27% Jan 17, 2012 - Jan 31, 2012	-0.29% Nov 1, 2019 - Nov 21, 2019
#15	-3.18% May 6, 2010 - May 20, 2010	-0.27% Apr 19, 2021 - May 25, 2021

Correlation

Correlation between ILTB and FSMB is 0.02 which considered as a very weak or no correlation - the stocks move independently of each other.

0.02

-101

Dividend Comparison (2009 - 2026)

ILTB vs FSMB dividend yield comparison.

Year	ILTB	FSMB
2026	2.55%	1.86%
2025	4.83%	3.09%
2024	4.91%	2.88%
2023	4.38%	2.40%
2022	4.31%	1.47%
2021	3.04%	1.20%
2020	3.32%	1.79%
2019	3.45%	2.27%
2018	4.13%	0.19%
2017	3.97%	0.00%
2016	3.99%	0.00%
2015	4.20%	0.00%
2014	3.62%	0.00%
2013	4.94%	0.00%
2012	3.42%	0.00%
2011	4.07%	0.00%
2010	4.59%	0.00%
2009	0.27%	0.00%