TFLR vs FSMB
Comparison between T. ROWE PRICE FLOATING RATE ETF (TFLR, ETF) and FIRST TRUST SHORT DURATION MANAGED MUNICIPAL ETF (FSMB, ETF).
TFLR vs FSMB - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
TFLR
$613M
FSMB
$611M
Expense Ratio
TFLR
0.61%
Winner
FSMB
0.34%
Max Drawdown
Winner
TFLR
5.55%
FSMB
7.98%
Sharpe Ratio
Winner
TFLR
0.74
FSMB
0.14
5Y Beta
TFLR
0.17
Winner
FSMB
-0.01
5Y Dividends CAGR
TFLR
N/A
FSMB
14.01%
TFLR vs FSMB - Historical Returns
Returns include dividend reinvestment.
1M
TFLR
+0.18%
Winner
FSMB
+0.64%
3M
Winner
TFLR
+1.78%
FSMB
+0.27%
6M
Winner
TFLR
+1.62%
FSMB
+1.41%
1Y
Winner
TFLR
+5.39%
FSMB
+3.86%
5Y(CAGR)
TFLR
N/A
FSMB
+1.47%
Max(CAGR)
Winner
TFLR
+7.85%
FSMB
+2.18%
TFLR vs FSMB - Annual Returns (2018 - 2026)
Returns include dividend reinvestment.
| Year | TFLR | FSMB |
|---|---|---|
| 2026 | +1.30% | +1.15% |
| 2025 | +6.40% | +4.14% |
| 2024 | +8.86% | +2.35% |
| 2023 | +11.92% | +3.49% |
| 2022 | -0.41% | -3.93% |
| 2021 | N/A | +1.17% |
| 2020 | N/A | +3.44% |
| 2019 | N/A | +3.90% |
| 2018 | N/A | +0.61% |
TFLR vs FSMB Drawdown Comparison
The maximum drawdown for TFLR was -4.01%, occurring on Apr 4, 2025. Recovery took 50 trading sessions.
The maximum drawdown for FSMB was -6.32%, occurring on Mar 20, 2020. Recovery took 91 trading sessions.
The current TFLR drawdown is -0.16%. The current FSMB drawdown is -0.22%.
| Rank | TFLR | FSMB |
|---|---|---|
| #1 | -4.01% Feb 21, 2025 - May 5, 2025 | -6.32% Mar 6, 2020 - Jul 16, 2020 |
| #2 | -2.17% Jan 22, 2026 - Apr 17, 2026 | -5.97% Jul 28, 2021 - Jul 9, 2024 |
| #3 | -1.48% Mar 8, 2023 - Apr 5, 2023 | -1.76% Apr 3, 2025 - Jun 4, 2025 |
| #4 | -1.05% Jul 31, 2024 - Aug 23, 2024 | -1.29% Feb 26, 2026 - Mar 24, 2026 |
| #5 | -0.97% Nov 17, 2022 - Jan 4, 2023 | -0.93% Feb 10, 2021 - Apr 15, 2021 |
| #6 | -0.81% Sep 14, 2023 - Nov 2, 2023 | -0.82% Oct 2, 2024 - Nov 27, 2024 |
| #7 | -0.62% Jun 13, 2024 - Jul 2, 2024 | -0.80% Dec 9, 2024 - Jan 30, 2025 |
| #8 | -0.61% May 1, 2023 - Jun 2, 2023 | -0.63% Aug 11, 2020 - Nov 4, 2020 |
| #9 | -0.50% Feb 7, 2023 - Mar 8, 2023 | -0.55% Mar 10, 2025 - Apr 3, 2025 |
| #10 | -0.50% Oct 2, 2025 - Oct 22, 2025 | -0.53% Aug 28, 2019 - Oct 9, 2019 |
| #11 | -0.48% Mar 20, 2024 - Apr 5, 2024 | -0.39% Sep 17, 2025 - Nov 26, 2025 |
| #12 | -0.37% Apr 24, 2023 - Apr 27, 2023 | -0.30% Feb 6, 2025 - Feb 21, 2025 |
| #13 | -0.35% May 27, 2026 - Jun 10, 2026 | -0.29% Nov 1, 2019 - Nov 21, 2019 |
| #14 | -0.30% Oct 4, 2024 - Oct 9, 2024 | -0.27% Apr 19, 2021 - May 25, 2021 |
| #15 | -0.29% Jul 21, 2025 - Aug 13, 2025 | -0.27% Jan 6, 2020 - Jan 10, 2020 |
Correlation
Correlation between TFLR and FSMB is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.
0.97
-101
Dividend Comparison (2018 - 2026)
TFLR vs FSMB dividend yield comparison.
| Year | TFLR | FSMB |
|---|---|---|
| 2026 | 2.67% | 1.32% |
| 2025 | 6.93% | 3.09% |
| 2024 | 8.18% | 2.88% |
| 2023 | 7.76% | 2.40% |
| 2022 | 0.58% | 1.47% |
| 2021 | 0.00% | 1.20% |
| 2020 | 0.00% | 1.79% |
| 2019 | 0.00% | 2.27% |
| 2018 | 0.00% | 0.19% |
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