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ETFs

First Trust Exchange-Traded Fund IV First Trust Enhanced Short Maturity ETF

FTSM
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Aug 06 2014
Expense Ratio
0.45%
Type
US Bonds
Fund Owner
First Trust
Volume (1m avg. daily)
$53,697,089
AUM
$7,429,881,542
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
U.S. Treasury Note 4.625% due 06/30/2025
1.61%
n/a
U.S. Treasury Note 4.625% due 02/28/2025
1.61%
n/a
U.S. Treasury Note 3.875% due 04/30/2025
1.01%
n/a
ENERGY TRANSFER LP 0% due 09/25/2023
0.73%
n/a
AUTONATION INC 0% due 09/25/2023
0.68%
n/a
FMC CORP 0% due 09/25/2023
0.68%
n/a
GLOBAL PAYMENTS INC 0% due 09/25/2023
0.68%
n/a
JABIL INC 0% due 09/25/2023
0.60%
n/a
FHLMC Multifamily Structured Pass Through Certs. Series K041 Class A2 3.171% due 10/25/2024
0.59%
BAYZ4646627
BAYER US FINANCE II LLC 3.875% due 12/15/2023
0.56%
Invest with FTSM

What is FTSM?

The First Trust Enhanced Short Maturity ETF uses an actively managed strategy that invests in short-duration securities, which are primarily U.S. dollar-denominated, investment-grade securities. The fund will be invested across a broad range of asset classes to maintain diversification and at least 80% of the fund s assets will be investment-grade securities at the time of purchase.

ETFs related toFTSM

ETFs correlated to FTSM include LDUR, VUSB, SUSB

FTSM
First Trust Exchange-Traded Fund III - First Trust Enhanced Short Maturity ETF
LDUR
Pimco Exchange Traded Fund - PIMCO Enhanced Low Duration Active Exchange-Traded Fund
VUSB
Vanguard Group, Inc. - Vanguard Ultra-Short Bond ETF
SUSB
iShares Trust - iShares Trust iShares ESG Aware 1-5 Year USD Corporate Bond ETF
ISTB
BlackRock Institutional Trust Company N.A. - iShares Core 1-5 Year USD Bond ETF
SPTS
SSgA Active Trust - SPDR Portfolio Short Term Treasury ETF
VCSH
Vanguard Group, Inc. - Vanguard Short-Term Corporate Bond ETF
SLQD
BlackRock Institutional Trust Company N.A. - iShares 0-5 Year Investment Grade Corporate Bond ETF
BSV
Vanguard Group, Inc. - Vanguard Short-Term Bond ETF
AVSF
American Century ETF Trust - Avantis Short-Term Fixed Income ETF
IGSB
BlackRock Institutional Trust Company N.A. - iShares Trust iShares 1-5 Year Investment Grade Corporate Bond ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toFTSM

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Create your own algorithmic trading strategy with FTSM using Composer

FAQ

FTSM is a US Bonds ETF. The First Trust Enhanced Short Maturity ETF uses an actively managed strategy that invests in short-duration securities, which are primarily U.S. dollar-denominated, investment-grade securities. The fund will be invested across a broad range of asset classes to maintain diversification and at least 80% of the fund s assets will be investment-grade securities at the time of purchase.

Yes, FTSM is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, FTSM is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on FTSM is 0.0042%. This is the percent change in the value of FTSM over the most recent 1-month period. The 3-month return on FTSM is 0.0123%. This is the percent change in the value of FTSM over the most recent 3-month period.

The standard deviation of FTSM for the past year is 0.0124%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to FTSM include GVI, BLV, and BND.

ETFs correlated to FTSM include LDUR, VUSB, and SUSB.

ETFs that are inversely correlated to FTSM include TBX, PST, and GLL.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.