(FTSM) Enhanced Short Maturity - Overview

ETF Category: Ultrashort Bond | Exchange: NASDAQ (USA) | Market Cap: 6.428m USD | Total Return: 3.9% in 12m

Short-Term Bonds, Commercial Paper, Treasury Bills, Corporate Debt
Total Rating 46
Safety 63
Buy Signal -0.41
Ultrashort Bond
Category Rotation: +3.7
TER: 0.45%
AUM: 6.43B
Avg Turnover: 45.7M
Risk 3d forecast
Volatility0.89%
VaR 5th Pctl0.15%
VaR vs Median-6.32%
Reward TTM
Sharpe Ratio-0.77
Rel. Str. IBD32.7
Rel. Str. Peer Group1.3
Character TTM
Beta0.003
Beta Downside-0.031
Hurst Exponent0.411
Drawdowns 3y
Max DD0.29%
CAGR/Max DD16.35
CAGR/Mean DD521.94

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Description: FTSM Enhanced Short Maturity

The First Trust Enhanced Short Maturity ETF (FTSM) is an actively managed fund focused on U.S. dollar-denominated fixed and variable-rate debt securities. Its primary objective is to maintain a high level of liquidity and capital preservation by targeting a portfolio duration of less than one year and an average maturity under three years.

The ultrashort bond sector typically functions as a cash-management tool, offering higher yields than traditional money market funds while assuming slightly more interest rate risk. This business model relies on selecting investment-grade corporate notes, mortgage-backed securities, and government debt to generate income in a low-duration framework. For a deeper look at how these holdings impact overall portfolio volatility, explore the analytical tools available on ValueRay.

Headlines to Watch Out For
  • Federal Reserve interest rate decisions impact yield attractiveness and net asset flows
  • Shifts in short-term credit spreads influence portfolio valuation and total returns
  • Changes in the U.S. Treasury yield curve affect underlying security pricing
  • Investor demand for cash alternatives drives management fee revenue through AUM growth
  • Regulatory shifts in money market fund alternatives impact competitive positioning and flows
What is the price of FTSM shares?

As of May 30, 2026, the stock is trading at USD 59.78 with a total of 621,604 shares traded.
Over the past week, the price has changed by -0.18%, over one month by +0.04%, over three months by +0.42% and over the past year by +3.87%.

Is FTSM a buy, sell or hold?

Enhanced Short Maturity has no consensus analysts rating.