FTSM ETF Analysis: Enhanced Short Maturity | NASDAQ
Ultrashort Bond | NASDAQ, USA | Market Cap: 6.506m USD | 12M Return: 4% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 38.4M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
The First Trust Enhanced Short Maturity ETF (FTSM) is an actively managed ultrashort bond ETF listed on NASDAQ that aims to generate income by investing at least 80% of its net assets in U.S. dollar-denominated fixed- and variable-rate debt securities. The fund targets an average duration of less than one year and an average maturity of less than three years, positioning it in the ultrashort bond category that seeks higher yields than money market funds while limiting interest rate sensitivity.
Launched in August 2014 and managed by First Trust Advisors, FTSM serves as a short-duration core or cash-equivalent holding for investors seeking modest incremental yield with relatively low duration risk. As an actively managed ETF, the Advisor has flexibility in security selection across the short end of the U.S. fixed-income curve, distinguishing it from passive ultrashort index products.
- Rising Fed rates boost ultrashort bond ETF yield
- Money market fund competition pressures ETF inflows
- Credit spread widening impacts underlying portfolio NAV
As of July 25, 2026, the stock is trading at USD 59.85 with a total of 444,763 shares traded. Over the past week, the price has changed by -0.02%, over one month by +0.26%, over three months by +0.81% and over the past year by +3.95%.
Current recommended Stop Loss: 59.70 (which is 0.3% or 3.7 ATR below the current price).
Enhanced Short Maturity has no consensus analysts rating.