FTSM vs ICSH: Differences, Returns & Fees

On Jul 31, 2026 FTSM's duration was 0.7 years and ICSH's 0.7; ICSH charges 0.08% to FTSM's 0.29%. Net assets on Oct 20, 2026: $6.7bn for First Trust Enhanced Short Maturity ETF and $9.0bn for iShares Ultra Short Duration Bond Active ETF.

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Answers cite the figures on this page.

ICSH costs 0.21 points a year less; their one-year returns differ by 0.1 points; ICSH is 1.3 times larger.

FTSM vs ICSH: Differences, Returns & Fees
FTSMICSH
Expense ratio0.29%0.08%
Net assets$6.7bn$9.0bn
Total return, 1 year+3.4%+3.5%
What it tracksNo index, actively managedNo index, actively managed
Holdings in commonnot published
+3.4%
FTSM total return, 1 year
+3.5%
ICSH total return, 1 year
0.29%
FTSM expense ratio
0.08%
ICSH expense ratio

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Client brief · page 1 of 2Report BR-ADF8C746C4

FTSM and ICSH are built for the same job. How do they differ in cost, holdings and results?

  1. Cost. FTSM charges 0.29% of assets a year and ICSH 0.08%, a gap of 0.21 points.
  2. What each follows (similar). Both follow No index, actively managed.
  3. One-year total return (similar). Over 1 year to Oct 20, 2026 FTSM returned +3.4% and ICSH +3.5% with distributions reinvested, a gap of 0.1 points.

Data as of Oct 20, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.

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On the same fields

FTSM
First Trust Enhanced Short Maturity ETF
ICSH
iShares Ultra Short Duration Bond Active ETF
Where it sits Bond ETF Bond ETF
What it is Actively managed Actively managed
Total return, 1 year +3.4% +3.5%
Its benchmark over the same days −1.9% (AGG) not measured
Gap to its benchmark +5.4 pts vs AGG not measured
Expense ratio 0.29% 0.08%
Holdings 740 407
Net assets $6.7bn $9.0bn

FTSM and ICSH on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About FTSM

FTSM is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +3.4% with distributions reinvested, against −1.9% for its benchmark, the Bloomberg US Aggregate Bond Index. The prospectus expense ratio is 0.29% a year.

About ICSH

ICSH is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +3.5% with distributions reinvested. The prospectus expense ratio is 0.08% a year.

Questions people ask

Which returned more over the last year, FTSM or ICSH?
In the year to Oct 20, 2026, with distributions reinvested, FTSM returned +3.4% and ICSH +3.5%.
Which is cheaper, FTSM or ICSH?
ICSH is cheaper, by 0.21 percentage points a year. That is about $21 on $10,000 held for a year. Fees come from each fund's prospectus.
Cite this pageCitation, APA and Markdown

ETFIQ, FTSM against ICSH, data as of Oct 20, 2026. https://etfiq.com/compare/any/ftsm-vs-icsh

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.