MBSD vs AFSM

Comparison between FLEXSHARES DISCIPLINED DURATION MBS INDEX FUND (MBSD, ETF) and FIRST TRUST ACTIVE FACTOR SMALL CAP ETF (AFSM, ETF).

5-Year PerformanceAFSM has outperformed MBSD, delivering a return of +8.2% compared to +0.6%

MBSD vs AFSM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MBSD(ETF)	AFSM(ETF)
Net Assets	$94M	$94M
Expense Ratio	0.20%	0.75%
Max Drawdown	23.73%	43.54%
Sharpe Ratio	0.21	1.29
5Y Beta	0.02	1.03
P/E Ratio	N/A	22.53
Forward P/E	N/A	13.66
5Y Dividends CAGR	5.51%	14.72%
5Y EPS CAGR	N/A	14.18%
Debt to Equity	N/A	58.32%
P/S Ratio	N/A	1.36
P/B Ratio	N/A	2.28

Net Assets

MBSD

$94M

AFSM

$94M

Expense Ratio

Winner

MBSD

0.20%

AFSM

0.75%

Max Drawdown

Winner

MBSD

23.73%

AFSM

43.54%

Sharpe Ratio

MBSD

0.21

Winner

AFSM

1.29

5Y Beta

Winner

MBSD

0.02

AFSM

1.03

P/E Ratio

MBSD

N/A

AFSM

22.53

Forward P/E

MBSD

N/A

AFSM

13.66

5Y Dividends CAGR

MBSD

5.51%

Winner

AFSM

14.72%

5Y EPS CAGR

MBSD

N/A

AFSM

14.18%

Debt to Equity

MBSD

N/A

AFSM

58.32%

P/S Ratio

MBSD

N/A

AFSM

1.36

P/B Ratio

MBSD

N/A

AFSM

2.28

MBSD vs AFSM - Historical Returns

Returns include dividend reinvestment.

Period	MBSD	AFSM
1 month	-0.25%	-0.16%
3 months	-0.81%	+10.66%
6 months	+0.26%	+13.57%
1 year	+4.71%	+28.91%
5 years(CAGR)	+0.56%	+8.21%
10 years(CAGR)	+1.37%	N/A
Max(CAGR)	+1.56%	+10.91%

MBSD

-0.25%

Winner

AFSM

-0.16%

MBSD

-0.81%

Winner

AFSM

+10.66%

MBSD

+0.26%

Winner

AFSM

+13.57%

MBSD

+4.71%

Winner

AFSM

+28.91%

5Y(CAGR)

MBSD

+0.56%

Winner

AFSM

+8.21%

10Y(CAGR)

MBSD

+1.37%

AFSM

N/A

Max(CAGR)

MBSD

+1.56%

Winner

AFSM

+10.91%

MBSD vs AFSM - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	MBSD	AFSM
2026	+0.14%	+13.71%
2025	+7.10%	+9.99%
2024	+2.83%	+10.93%
2023	+4.23%	+22.85%
2022	-9.31%	-17.86%
2021	-1.24%	+27.36%
2020	+5.22%	+8.73%
2019	+5.89%	+2.63%
2018	+0.19%	N/A
2017	+0.94%	N/A
2016	+0.74%	N/A
2015	+1.76%	N/A
2014	+1.20%	N/A

MBSD vs AFSM Drawdown Comparison

The maximum drawdown for MBSD was -14.36%, occurring on Oct 20, 2022. Recovery took 1152 trading sessions.

The maximum drawdown for AFSM was -43.54%, occurring on Mar 23, 2020. Recovery took 224 trading sessions.

The current MBSD drawdown is -1.49%. The current AFSM drawdown is -2.87%.

Rank	MBSD	AFSM
#1	-14.36% Feb 2, 2021 - Sep 4, 2025	-43.54% Jan 16, 2020 - Dec 4, 2020
#2	-3.08% Nov 2, 2016 - Feb 15, 2019	-28.27% Nov 16, 2021 - Feb 15, 2024
#3	-2.98% Mar 9, 2020 - Apr 24, 2020	-25.07% Nov 11, 2024 - Sep 11, 2025
#4	-2.17% Feb 27, 2026 - Mar 26, 2026	-9.56% Feb 26, 2026 - Apr 14, 2026
#5	-2.10% Jan 20, 2016 - Jul 5, 2016	-9.26% Jul 31, 2024 - Oct 14, 2024
#6	-1.97% Aug 24, 2015 - Jan 14, 2016	-8.21% Mar 15, 2021 - Apr 26, 2021
#7	-1.27% Apr 17, 2015 - Aug 24, 2015	-8.17% Feb 12, 2021 - Mar 12, 2021
#8	-1.08% Jul 6, 2016 - Sep 28, 2016	-8.05% Sep 18, 2025 - Dec 10, 2025
#9	-0.97% Nov 4, 2019 - Dec 3, 2019	-7.71% Jul 1, 2021 - Aug 27, 2021
#10	-0.83% Sep 22, 2025 - Oct 16, 2025	-7.54% Mar 28, 2024 - May 15, 2024
#11	-0.72% Sep 5, 2019 - Oct 2, 2019	-6.30% Apr 27, 2021 - Jun 1, 2021
#12	-0.71% Jun 16, 2020 - Aug 4, 2020	-5.51% May 15, 2024 - Jul 15, 2024
#13	-0.68% Oct 28, 2025 - Nov 24, 2025	-4.91% Sep 2, 2021 - Oct 20, 2021
#14	-0.68% Oct 7, 2019 - Nov 4, 2019	-4.84% Jun 8, 2021 - Jul 1, 2021
#15	-0.67% Sep 28, 2016 - Nov 1, 2016	-4.45% Jan 22, 2021 - Feb 4, 2021

Correlation

Correlation between MBSD and AFSM is 0.34 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.34

-101

Dividend Comparison (2014 - 2026)

MBSD vs AFSM dividend yield comparison.

Year	MBSD	AFSM
2026	1.48%	0.11%
2025	4.23%	0.58%
2024	3.91%	0.58%
2023	3.39%	0.92%
2022	3.03%	1.28%
2021	2.41%	0.35%
2020	2.78%	0.53%
2019	3.42%	0.32%
2018	3.22%	0.00%
2017	3.30%	0.00%
2016	3.02%	0.00%
2015	3.46%	0.00%
2014	0.83%	0.00%