# FTMS (Franklin Short-Term Municipal Income ETF)

Franklin · Bond ETFs · Municipal, national, short · data as of Oct 2, 2026

FTMS is actively managed and returned +0.7% since it listed on Oct 27, 2025.

## Key facts

- FTMS, total return, 1 year: +0.7%, as of Oct 2, 2026.
- FTMS, expense ratio: 0.21%, as of Oct 2, 2026.
- FTMS, holdings: 241, as of Oct 2, 2026.
- FTMS, below its high: −1.5%, as of Oct 2, 2026.
- FTMS, net assets: $211m (issuer page, as of Oct 2, 2026).

## FTMS over each window to Oct 2, 2026

| Window | Total return | S&P 500 | Gap to S&P 500 | Gap to Nasdaq-100 |
| --- | --- | --- | --- | --- |
| 3 months | −1.2% | +3.6% | −4.8 pts | −6.5 pts |
| 6 months | −0.1% | +17.9% | −18.1 pts | −28.6 pts |
| Since listing | +0.7% | +13.5% | −12.8 pts | −19.2 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| What it tracks | No index, actively managed | ETFIQ |
| Fund type | Bond fund | ETFIQ |
| Category | Bonds · Municipal, national, short | ETFIQ |
| Expense ratio | 0.21% | 485BPOS XBRL, Mar 25, 2026 |
| Price | $9.72 | ETFIQ |
| Listed since | Oct 27, 2025 | ETFIQ |
| Net assets | $211m | issuer page, as of Oct 2, 2026 |
| Below its high | −1.5% | ETFIQ |
| Holdings | 241 | ETFIQ |
| Top ten weight | 13.4% | ETFIQ |
| Holdings as of | May 29, 2026 | SEC N-PORT |

## Questions

### What does FTMS cost?

The prospectus expense ratio is 0.21% a year.

### How far is FTMS below its high?

1.5% below its high of Aug 19, 2026, measured on the reinvested series to Oct 2, 2026.


## Cite this page

ETFIQ, FTMS, data as of Oct 2, 2026. https://etfiq.com/funds/ftms
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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