CMU vs FMET

Comparison between MFS High Yield Municipal Trust (CMU, ETF) and FIDELITY METAVERSE ETF (FMET, ETF).

CMU vs FMET - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CMU(ETF)	FMET(ETF)
Net Assets	$47M	$48M
Expense Ratio	N/A	0.39%
Max Drawdown	62.40%	29.30%
Sharpe Ratio	0.59	0.56
5Y Beta	0.10	1.24
P/E Ratio	N/A	78.59
Forward P/E	N/A	21.99
PEG Ratio	N/A	0.69
5Y Dividends CAGR	5.31%	N/A
5Y EPS CAGR	N/A	20.17%
Debt to Equity	N/A	51.90%
P/S Ratio	N/A	3.24
P/B Ratio	N/A	6.26

Net Assets

CMU

$47M

Winner

FMET

$48M

Expense Ratio

CMU

N/A

FMET

0.39%

Max Drawdown

CMU

62.40%

Winner

FMET

29.30%

Sharpe Ratio

Winner

CMU

0.59

FMET

0.56

5Y Beta

Winner

CMU

0.10

FMET

1.24

P/E Ratio

CMU

N/A

FMET

78.59

Forward P/E

CMU

N/A

FMET

21.99

PEG Ratio

CMU

N/A

FMET

0.69

5Y Dividends CAGR

CMU

5.31%

FMET

N/A

5Y EPS CAGR

CMU

N/A

FMET

20.17%

Debt to Equity

CMU

N/A

FMET

51.90%

P/S Ratio

CMU

N/A

FMET

3.24

P/B Ratio

CMU

N/A

FMET

6.26

CMU vs FMET - Historical Returns

Returns include dividend reinvestment.

Period	CMU	FMET
1 month	-2.42%	-2.30%
3 months	-4.36%	+13.87%
6 months	+1.57%	+1.78%
1 year	+9.28%	+13.30%
5 years(CAGR)	-1.33%	+11.08%
10 years(CAGR)	+1.58%	N/A
Max(CAGR)	+4.15%	+11.08%

CMU

-2.42%

Winner

FMET

-2.30%

CMU

-4.36%

Winner

FMET

+13.87%

CMU

+1.57%

Winner

FMET

+1.78%

CMU

+9.28%

Winner

FMET

+13.30%

5Y(CAGR)

CMU

-1.33%

Winner

FMET

+11.08%

10Y(CAGR)

CMU

+1.58%

FMET

N/A

Max(CAGR)

CMU

+4.15%

Winner

FMET

+11.08%

CMU vs FMET - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	CMU	FMET
2026	+0.80%	+1.15%
2025	+5.08%	+22.17%
2024	+11.57%	+9.02%
2023	+9.93%	+40.85%
2022	-27.51%	-16.56%
2021	+7.14%	N/A
2020	-2.97%	N/A
2019	+15.00%	N/A
2018	-4.85%	N/A
2017	+9.07%	N/A
2016	+3.06%	N/A
2015	+8.58%	N/A
2014	+11.97%	N/A
2013	-11.33%	N/A
2012	+11.02%	N/A
2011	+17.45%	N/A
2010	+5.32%	N/A
2009	+65.81%	N/A
2008	-38.99%	N/A
2007	-15.35%	N/A
2006	+15.27%	N/A
2005	+1.30%	N/A
2004	+7.63%	N/A
2003	+9.50%	N/A
2002	+8.27%	N/A
2001	+7.99%	N/A
2000	-1.55%	N/A
1999	-6.38%	N/A

CMU vs FMET Drawdown Comparison

The maximum drawdown for CMU was -57.26%, occurring on Dec 16, 2008. Recovery took 848 trading sessions.

The maximum drawdown for FMET was -29.22%, occurring on Nov 3, 2022. Recovery took 267 trading sessions.

The current CMU drawdown is -10.68%. The current FMET drawdown is -8.27%.

Rank	CMU	FMET
#1	-57.26% May 21, 2007 - Sep 30, 2010	-29.22% May 4, 2022 - May 26, 2023
#2	-37.22% Sep 1, 2021 - Oct 31, 2022	-25.02% Feb 20, 2025 - Jun 12, 2025
#3	-32.82% Feb 25, 2020 - May 4, 2021	-23.00% Oct 27, 2025 - May 28, 2026
#4	-23.41% Apr 22, 2013 - Feb 3, 2015	-16.20% Jul 31, 2023 - Dec 13, 2023
#5	-16.02% Aug 23, 2016 - Oct 19, 2017	-15.22% Jul 10, 2024 - Feb 10, 2025
#6	-15.71% Nov 5, 2010 - Oct 17, 2011	-10.43% Mar 12, 2024 - May 15, 2024
#7	-14.29% Nov 3, 1999 - Aug 10, 2000	-10.25% Jun 2, 2026 - Jun 10, 2026
#8	-14.22% Mar 9, 2004 - Oct 19, 2004	-5.46% Apr 21, 2022 - May 4, 2022
#9	-13.94% Aug 11, 2000 - Jan 31, 2001	-5.17% Dec 28, 2023 - Jan 25, 2024
#10	-11.98% Aug 24, 2001 - Jun 3, 2002	-5.02% Feb 15, 2024 - Mar 12, 2024
#11	-10.37% Oct 19, 2017 - Feb 1, 2019	-4.90% Jun 16, 2023 - Jul 12, 2023
#12	-10.31% Feb 14, 2005 - Jan 25, 2006	-4.64% Oct 8, 2025 - Oct 27, 2025
#13	-10.14% Mar 4, 2015 - Oct 30, 2015	-3.56% Aug 13, 2025 - Sep 8, 2025
#14	-8.79% Sep 23, 2002 - Apr 23, 2003	-3.40% Jul 13, 2023 - Jul 31, 2023
#15	-8.20% Sep 26, 2012 - Apr 15, 2013	-2.88% May 20, 2024 - Jun 12, 2024

Correlation

Correlation between CMU and FMET is 0.87 which considered as a strong positive correlation - the stocks tend to move together.

0.87

-101

Dividend Comparison (2000 - 2026)

CMU vs FMET dividend yield comparison.

Year	CMU	FMET
2026	5.02%	0.15%
2025	5.38%	0.81%
2024	4.69%	0.44%
2023	4.05%	0.40%
2022	5.57%	0.18%
2021	4.53%	0.00%
2020	4.93%	0.00%
2019	4.81%	0.00%
2018	6.09%	0.00%
2017	5.87%	0.00%
2016	6.13%	0.00%
2015	6.22%	0.00%
2014	6.63%	0.00%
2013	6.98%	0.00%
2012	6.69%	0.00%
2011	7.54%	0.00%
2010	8.17%	0.00%
2009	7.53%	0.00%
2008	11.70%	0.00%
2007	6.42%	0.00%
2006	5.82%	0.00%
2005	6.95%	0.00%
2004	7.47%	0.00%
2003	7.54%	0.00%
2002	7.58%	0.00%
2001	6.98%	0.00%
2000	3.27%	0.00%