NasdaqGM - Delayed Quote USD

First Trust Managed Municipal ETF (FMB)

50.83 -0.03 (-0.06%)
At close: April 24 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 -0.56%
5y Average Return 1.34%
Rank in Category (ytd) --
% Rank in Category (ytd) --
Beta (5Y Monthly) 0.88
Morningstar Risk Rating --

Risk Statistics

3 Years5 Years10 Years
FMBCategory AverageFMBCategory AverageFMBCategory Average
Alpha -0.58 -0.54 -0.05 -0.31 0 -0.43
BETA 0.88 0.84 0.97 0.87 0 0.88
Mean Annual Return -0.03 -0.02 0.15 0.13 0 0.18
R-squared 97.89 97.62 94.1 95.81 0 95.06
Standard Deviation 6.58 6.34 6.43 5.75 0 4.53
Sharpe Ratio -0.51 -0.52 -0.06 -0.12 0 0.14
Treynor Ratio -4.02 -4.1 -0.62 -1.01 0 0.62

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