FUMB vs SHM

First Trust Ultra Short Duration Municipal ETF compared with State Street SPDR Nuveen ICE Short Term Municipal Bond ETF on yield, payout growth, payment schedule, cost and risk.

FUMB

First Trust Ultra Short Duration Municipal ETF

2.73%

TTM yield · Monthly

VS

SHM

State Street SPDR Nuveen ICE Short Term Municipal Bond ETF

2.69%

TTM yield · Monthly

Quick take

Generated from the latest data on both pages. Not a recommendation.

Side by side

MetricFUMBSHM
Share price$20.06$47.55
TTM yield2.73%2.69%
Forward yield2.73%2.69%
Annual payout per share$0.547$1.281
Payment frequencyMonthlyMonthly
Next ex-dateSep 20, 2026 (est.)Oct 1, 2026 (est.)
Expense ratio0.29%0.20%
1-year payout growth-9.3%
5-year payout CAGR+36.4%
Consecutive years of increases0 years
Payout consistency (last 12)98/10098/100
1-year total return+2.4%+1.2%
1-year price return-0.3%-1.4%
Size (market cap / AUM)252.6M3.5B
Years paying7.718.9
Sector / categoryMuni National ShortMuni National Short

✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).

$10,000 invested today

FUMBSHM
Shares498.5210.3
Income per year$273$269
Income per month (avg)$23$22

At forward yields, before taxes. Model FUMB · Model SHM

Next payments

Ex-datePay datePer shareStatus
FUMB Sep 20, 2026Oct 4, 2026$0.0456Est.
FUMB Oct 20, 2026Nov 3, 2026$0.0456Est.
FUMB Nov 19, 2026Dec 3, 2026$0.0456Est.
SHM Oct 1, 2026Oct 15, 2026$0.1067Est.
SHM Oct 31, 2026Nov 14, 2026$0.1067Est.
SHM Nov 30, 2026Dec 14, 2026$0.1067Est.

Annual payouts per share

FUMBSHM

Annual dividend per share, FUMB vs SHM, 2019 to 2026SHMFUMB$0.00$0.75$1.50FUMB 2019: $0.35SHM 2019: $0.692019FUMB 2020: $0.19SHM 2020: $0.8222020FUMB 2021: $0.086SHM 2021: $0.4912021FUMB 2022: $0.204SHM 2022: $0.3572022FUMB 2023: $0.45SHM 2023: $0.5812023FUMB 2024: $0.574SHM 2024: $0.9752024FUMB 2025: $0.582SHM 2025: $1.252025FUMB 2026 (YTD): $0.362SHM 2026 (YTD): $0.8532026 YTD

Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.

FAQ

Which has the higher dividend yield, FUMB or SHM?

FUMB currently has the higher trailing yield: FUMB yields 2.73% and SHM yields 2.69%. Yield changes daily with price, so check the live figures above.

How often do FUMB and SHM pay?

FUMB pays every month and SHM pays every month. FUMB's next ex-date is Sep 20, 2026 and SHM's is Oct 1, 2026.

Is FUMB or SHM better for income?

It depends on what you are optimising for. FUMB and SHM differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.

FUMB dividend history →
SHM dividend history →

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