NasdaqGM - Delayed Quote USD

First Trust Managed Municipal ETF (FMB)

51.75 +0.17 (+0.33%)
At close: October 15 at 4:00 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 2.59%
5y Average Return 1.13%
Rank in Category (ytd) --
% Rank in Category (ytd) --
Beta (5Y Monthly) 0.87
Morningstar Risk Rating --

Risk Statistics

3 Years5 Years10 Years
FMBCategory AverageFMBCategory AverageFMBCategory Average
Alpha -0.77 -0.55 -0.2 -0.31 0.41 -0.4
BETA 0.87 0.85 0.96 0.88 0.97 0.88
Mean Annual Return 0 0.03 0.12 0.12 0.25 0.18
R-squared 98.1 97.64 94.03 95.85 94.15 95.11
Standard Deviation 6.63 6.46 6.4 5.81 5.06 4.58
Sharpe Ratio -0.58 -0.56 -0.16 -0.2 0.25 0.07
Treynor Ratio -4.65 -4.52 -1.3 -1.52 1.2 0.24

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