FSMB, NYSE
First Trust Short Duration Managed Municipal ETF (FSMB)
Price (as of September 26)
19.56USD
Correlations
Lowest within Industry
| Symbol | Correlation |
|---|---|
|
InfraCap MLP ETF |
-0.39 |
|
Alerian MLP ETF |
-0.39 |
|
UBS AG London Branch |
-0.38 |
|
JPMorgan Chase & Company |
-0.38 |
|
ETRACS Alerian Midstream Energy Index ETN |
-0.35 |
|
ADVISORSHARES RESTAURANT ETF |
-0.14 |
|
Direxion Breakfast Commodities Strategy ETF |
-0.34 |
|
LeaderShares Dynamic Yield ETF |
-0.01 |
|
Global X E-commerce ETF |
-0.01 |
|
WisdomTree International High Dividend Fund |
-0.04 |
Highest within Industry
| Symbol | Correlation |
|---|---|
|
Global X FTSE Southeast Asia ETF |
0.33 |
|
FT Cboe Vest Fund of Nasdaq-100 Buffer ETF |
0.32 |
|
PowerShares DB Gold Double Short ETN |
0.32 |
|
BRAND VALUE ETF |
0.3 |
|
Barclays ETN Select MLP ETN |
0.29 |
|
iShares Agency Bond ETF |
0.11 |
|
Volt Crypto Industry Revolution and Tech ETF |
0.07 |
|
WisdomTree Emerging Market Local Debt Fund |
0.11 |
|
Davis Select International ETF |
0.02 |
|
Invesco Dow Jones Industrial Average Dividend ETF |
0.01 |
Lowest within Industry
| Symbol | Correlation |
|---|---|
|
Direxion Breakfast Commodities Strategy ETF |
-0.34 |
|
WisdomTree Emerging Currency Strategy Fund |
-0.21 |
|
Principal Real Estate Active Opportunities ETF |
-0.21 |
|
Direxion Daily MSCI Brazil Bull 2X Shares |
-0.19 |
|
Alerian MLP ETF |
-0.18 |
|
InfraCap MLP ETF |
-0 |
|
UBS AG London Branch |
-0.08 |
|
JPMorgan Chase & Company |
-0.06 |
|
Capital Group Core Plus Income ETF |
-0.17 |
|
ETRACS Alerian Midstream Energy Index ETN |
-0.09 |
Highest within Industry
| Symbol | Correlation |
|---|---|
|
FT Cboe Vest Fund of Nasdaq-100 Buffer ETF |
0.32 |
|
First Trust IndxxMetaverse ETF |
0.2 |
|
ProShares UltraShort MSCI Brazil Capped ETF |
0.2 |
|
PowerShares DB Gold Double Short ETN |
0.19 |
|
First Trust Nasdaq Lux Digital Health Solutions ETF |
0.18 |
|
AI Quality Growth ETF |
0.18 |
|
Global X Emerging Markets Bond ETF |
0.1 |
|
SPDR Bloomberg Emerging Markets USD Bond ETF |
0.17 |
|
iShares J.P. Morgan USD Emerging Markets Bond ETF |
0 |
|
PROSHARES MSCI TRANSFORMATIONAL CHANGES ETF |
0.11 |
Lowest within Industry
| Symbol | Correlation |
|---|---|
|
Direxion Breakfast Commodities Strategy ETF |
-0.34 |
|
Principal Real Estate Active Opportunities ETF |
-0.21 |
|
Capital Group Core Plus Income ETF |
-0.17 |
|
Simplify High Yield PLUS Credit Hedge ETF |
-0.17 |
|
Capital Group International Focus Equity ETF |
-0.16 |
|
Invesco BulletShares 2029 High Yield Corporate Bond ETF |
-0.14 |
|
Capital Group Global Growth Equity ETF |
-0.14 |
|
Capital Group Dividend Value ETF |
-0.14 |
|
Dimensional US Real Estate ETF |
-0.14 |
|
Capital Group Core Equity ETF |
-0.14 |
Highest within Industry
| Symbol | Correlation |
|---|---|
|
FT Cboe Vest Fund of Nasdaq-100 Buffer ETF |
0.32 |
|
First Trust IndxxMetaverse ETF |
0.2 |
|
First Trust Nasdaq Lux Digital Health Solutions ETF |
0.18 |
|
AI Quality Growth ETF |
0.18 |
|
American Customer Satisfaction ETF |
0.18 |
|
SPDR Bloomberg Emerging Markets USD Bond ETF |
0.17 |
|
WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund |
0.17 |
|
iShares Core U.S. Aggregate Bond ETF |
0.16 |
|
Absolute Core Strategy ETF |
0.15 |
|
Simplify Emerging Markets Equity PLUS Downside Convexity ETF |
0.15 |
Lowest within Industry
| Symbol | Correlation |
|---|---|
|
Direxion Breakfast Commodities Strategy ETF |
-0.34 |
|
Principal Real Estate Active Opportunities ETF |
-0.21 |
|
Capital Group Core Plus Income ETF |
-0.17 |
|
Simplify High Yield PLUS Credit Hedge ETF |
-0.17 |
|
Capital Group International Focus Equity ETF |
-0.16 |
|
Invesco BulletShares 2029 High Yield Corporate Bond ETF |
-0.14 |
|
Capital Group Global Growth Equity ETF |
-0.14 |
|
Capital Group Dividend Value ETF |
-0.14 |
|
Dimensional US Real Estate ETF |
-0.14 |
|
Capital Group Core Equity ETF |
-0.14 |
Highest within Industry
| Symbol | Correlation |
|---|---|
|
FT Cboe Vest Fund of Nasdaq-100 Buffer ETF |
0.32 |
|
First Trust IndxxMetaverse ETF |
0.2 |
|
First Trust Nasdaq Lux Digital Health Solutions ETF |
0.18 |
|
AI Quality Growth ETF |
0.18 |
|
American Customer Satisfaction ETF |
0.18 |
|
SPDR Bloomberg Emerging Markets USD Bond ETF |
0.17 |
|
WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund |
0.17 |
|
iShares Core U.S. Aggregate Bond ETF |
0.16 |
|
Absolute Core Strategy ETF |
0.15 |
|
Simplify Emerging Markets Equity PLUS Downside Convexity ETF |
0.15 |
No correlations found.
No correlations found.
No correlations found.
No correlations found.
No correlations found.
No correlations found.
No correlations found.
No correlations found.
Lowest Overall
| Symbol | Correlation |
|---|---|
|
Amplify Energy Corp. |
-0.43 |
|
InfraCap MLP ETF |
-0.39 |
|
Alerian MLP ETF |
-0.39 |
|
UBS AG London Branch |
-0.38 |
|
JPMorgan Chase & Company |
-0.38 |
|
A SPAC II Acquisition Corporation |
-0.37 |
|
Better World Acquisition Corp. |
-0.07 |
|
Aileron Therapeutics, Inc. |
0 |
|
ETRACS Alerian Midstream Energy Index ETN |
-0.09 |
|
ADVISORSHARES RESTAURANT ETF |
-0.14 |
Highest Overall
| Symbol | Correlation |
|---|---|
|
BRP Group, Inc. |
0.45 |
|
C5 Acquisition Corporation |
0.44 |
|
Assembly Biosciences, Inc. |
0.42 |
|
argenx SE |
0.4 |
|
BTRS Holdings Inc. |
0.38 |
|
ARC Document Solutions, Inc. |
-0.03 |
|
Avast plc |
-0.02 |
|
Aziyo Biologics, Inc. |
0.15 |
|
American Eagle Outfitters, Inc. |
-0.02 |
|
DICK'S Sporting Goods, Inc. |
-0.03 |
Lowest Overall
| Symbol | Correlation |
|---|---|
|
A SPAC II Acquisition Corporation |
-0.37 |
|
Direxion Breakfast Commodities Strategy ETF |
-0.34 |
|
Brenmiller Energy Ltd |
-0.27 |
|
Bright Green Corporation |
-0.26 |
|
Aimfinity Investment Corp. I |
-0.24 |
|
Edible Garden AG Incorporated |
-0.23 |
|
Verizon Communications Inc. |
-0 |
|
Denali Capital Acquisition Corp. |
-0.21 |
|
WisdomTree Emerging Currency Strategy Fund |
-0.05 |
|
Principal Real Estate Active Opportunities ETF |
-0.21 |
Highest Overall
| Symbol | Correlation |
|---|---|
|
FT Cboe Vest Fund of Nasdaq-100 Buffer ETF |
0.32 |
|
Austin Gold Corp. |
0.29 |
|
C5 Acquisition Corporation |
0.23 |
|
Battery Future Acquisition Corp. |
0.22 |
|
Direct Digital Holdings, Inc. |
0.21 |
|
Belite Bio, Inc |
0.21 |
|
Alpha and Omega Semiconductor Limited |
-0.02 |
|
argenx SE |
0.04 |
|
First Trust IndxxMetaverse ETF |
0.2 |
|
ProShares UltraShort MSCI Brazil Capped ETF |
0.02 |
Lowest Overall
| Symbol | Correlation |
|---|---|
|
A SPAC II Acquisition Corporation |
-0.37 |
|
Direxion Breakfast Commodities Strategy ETF |
-0.34 |
|
Brenmiller Energy Ltd |
-0.27 |
|
Bright Green Corporation |
-0.26 |
|
Aimfinity Investment Corp. I |
-0.24 |
|
Edible Garden AG Incorporated |
-0.23 |
|
Denali Capital Acquisition Corp. |
-0.21 |
|
Principal Real Estate Active Opportunities ETF |
-0.21 |
|
AIkido Pharma Inc. |
-0.19 |
|
Alvotech |
-0.18 |
Highest Overall
| Symbol | Correlation |
|---|---|
|
FT Cboe Vest Fund of Nasdaq-100 Buffer ETF |
0.32 |
|
Austin Gold Corp. |
0.29 |
|
C5 Acquisition Corporation |
0.23 |
|
Battery Future Acquisition Corp. |
0.22 |
|
Direct Digital Holdings, Inc. |
0.21 |
|
Dow Jones Industrial Average |
0.21 |
|
Belite Bio, Inc |
0.21 |
|
AAON, Inc. |
0.2 |
|
Allied Healthcare Products, Inc. |
0.2 |
|
First Trust IndxxMetaverse ETF |
0.2 |
Lowest Overall
| Symbol | Correlation |
|---|---|
|
A SPAC II Acquisition Corporation |
-0.37 |
|
Direxion Breakfast Commodities Strategy ETF |
-0.34 |
|
Brenmiller Energy Ltd |
-0.27 |
|
Bright Green Corporation |
-0.26 |
|
Aimfinity Investment Corp. I |
-0.24 |
|
Edible Garden AG Incorporated |
-0.23 |
|
Denali Capital Acquisition Corp. |
-0.21 |
|
Principal Real Estate Active Opportunities ETF |
-0.21 |
|
AIkido Pharma Inc. |
-0.19 |
|
Alvotech |
-0.18 |
Highest Overall
| Symbol | Correlation |
|---|---|
|
FT Cboe Vest Fund of Nasdaq-100 Buffer ETF |
0.32 |
|
Austin Gold Corp. |
0.29 |
|
C5 Acquisition Corporation |
0.23 |
|
Battery Future Acquisition Corp. |
0.22 |
|
Direct Digital Holdings, Inc. |
0.21 |
|
Dow Jones Industrial Average |
0.21 |
|
Belite Bio, Inc |
0.21 |
|
AAON, Inc. |
0.2 |
|
Allied Healthcare Products, Inc. |
0.2 |
|
First Trust IndxxMetaverse ETF |
0.2 |
Profile
- Sector:
- Muni National Short
- Industry:
- Exchange Traded Funds
Under normal market conditions, the fund seeks to achieve its investment objective 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. The municipal securities in which the fund invests may be fixed, variable or floating-rate securities.