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NasdaqGM - Nasdaq Real Time Price USD

First Trust Managed Municipal ETF (FMB)

50.49
-0.14
(-0.28%)
At close: April 2 at 4:00:00 PM EDT
50.49
0.00
(0.00%)
After hours: April 2 at 4:05:09 PM EDT

ETF Summary

Under normal market conditions, the fund seeks to achieve its investment objectives by investing at least 80% of its net assets (including investment borrowings) in municipal debt securities that pay interest that is exempt from regular federal income taxes.

Risk Overview

Performance & Risk

YTD Return -0.33%
5y Average Return 1.24%
Rank in Category (ytd) --
% Rank in Category (ytd) --
Beta (5Y Monthly) 0.86
Morningstar Risk Rating --

Risk Statistics

3 Years 5 Years 10 Years
FMBCategory AverageFMBCategory AverageFMBCategory Average
Alpha -0.7 -0.41 -0.3 -0.25 0.29 -0.37
BETA 0.86 0.85 0.95 0.89 0.97 0.89
Mean Annual Return 0.08 0.11 0.06 0.07 0.23 0.17
R-squared 98.24 97.63 94.05 95.58 94.22 95.05
Standard Deviation 6.56 6.48 6.4 5.93 5.08 4.65
Sharpe Ratio -0.53 -0.5 -0.32 -0.33 0.16 0.01
Treynor Ratio -4.3 -4.08 -2.37 -2.41 0.7 -0.08

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