LMBS vs SHY
First Trust Low Duration Opportunities ETF compared with iShares 1-3 Year Treasury Bond ETF on yield, payout growth, payment schedule, cost and risk.
LMBS
First Trust Low Duration Opportunities ETF
TTM yield · Monthly
SHY
iShares 1-3 Year Treasury Bond ETF
TTM yield · Monthly
Quick take
- LMBS yields more today: 4.19% vs 3.62% (forward).
- Both pay every month.
- Over the last year SHY delivered the higher total return: +1.8% vs +1.6% (price change plus payouts).
- SHY is cheaper to own: 0.15% vs 0.66% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | LMBS | SHY |
|---|---|---|
| Share price | $48.74 | $81.50 |
| TTM yield | 3.84% | 3.62% |
| Forward yield | 4.19% | 3.62% |
| Annual payout per share | $2.04 | $2.947 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 24, 2026 (est.) | Oct 31, 2026 (est.) |
| Expense ratio | 0.66% | 0.15% |
| 1-year payout growth | — | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | — | — |
| Payout consistency (last 12) | 100/100 | 96/100 |
| 1-year total return | +1.6% | +1.8% |
| 1-year price return | -2.1% | -1.8% |
| Size (market cap / AUM) | 6.4B | 26.3B |
| Years paying | 11.9 | 24.1 |
| Sector / category | Short Government | Short Government |
✓ 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
| LMBS | SHY | |
|---|---|---|
| Shares | 205.2 | 122.7 |
| Income per year | $419 | $362 |
| Income per month (avg) | $35 | $30 |
At forward yields, before taxes. Model LMBS · Model SHY
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| LMBS Nov 23, 2026 | Dec 1, 2026 | $0.17 | Est. |
| LMBS Dec 23, 2026 | Dec 31, 2026 | $0.17 | Est. |
| LMBS Jan 22, 2027 | Jan 30, 2027 | $0.17 | Est. |
| SHY Oct 31, 2026 | Nov 3, 2026 | $0.2456 | Est. |
| SHY Nov 30, 2026 | Dec 3, 2026 | $0.2456 | Est. |
| SHY Dec 30, 2026 | Jan 2, 2027 | $0.2456 | Est. |
Annual payouts per share
LMBSSHY
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, LMBS or SHY?
LMBS currently has the higher trailing yield: LMBS yields 3.84% and SHY yields 3.62%. Yield changes daily with price, so check the live figures above.
How often do LMBS and SHY pay?
LMBS pays every month and SHY pays every month. LMBS's next ex-date is Oct 24, 2026 and SHY's is Oct 31, 2026.
Is LMBS or SHY better for income?
It depends on what you are optimising for. LMBS and SHY 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.