EEMX vs FTMS

Comparison between STATE STREET(R) SPDR(R) MSCI EMERGING MARKETS FOSSIL FUEL RESERVES FREE ETF (EEMX, ETF) and Franklin ShortTerm Municipal Income ETF (FTMS, ETF).

EEMX vs FTMS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EEMX(ETF)	FTMS(ETF)
Net Assets	$183M	$183M
Expense Ratio	0.30%	0.21%
Max Drawdown	41.23%	1.59%
Sharpe Ratio	1.70	-0.58
5Y Beta	0.85	0.01
5Y Dividends CAGR	8.73%	N/A

Net Assets

Winner

EEMX

$183M

FTMS

$183M

Expense Ratio

EEMX

0.30%

Winner

FTMS

0.21%

Max Drawdown

EEMX

41.23%

Winner

FTMS

1.59%

Sharpe Ratio

Winner

EEMX

1.70

FTMS

-0.58

5Y Beta

EEMX

0.85

Winner

FTMS

0.01

5Y Dividends CAGR

EEMX

8.73%

FTMS

N/A

EEMX vs FTMS - Historical Returns

Returns include dividend reinvestment.

Period	EEMX	FTMS
1 month	+3.83%	+0.49%
3 months	+19.88%	+0.43%
6 months	+28.72%	+1.60%
1 year	+48.12%	N/A
5 years(CAGR)	+7.64%	N/A
10 years(CAGR)	+9.31%	N/A
Max(CAGR)	+9.31%	+2.71%

Winner

EEMX

+3.83%

FTMS

+0.49%

Winner

EEMX

+19.88%

FTMS

+0.43%

Winner

EEMX

+28.72%

FTMS

+1.60%

EEMX

+48.12%

FTMS

N/A

5Y(CAGR)

EEMX

+7.64%

FTMS

N/A

10Y(CAGR)

EEMX

+9.31%

FTMS

N/A

Max(CAGR)

Winner

EEMX

+9.31%

FTMS

+2.71%

EEMX vs FTMS - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	EEMX	FTMS
2026	+22.42%	+1.26%
2025	+35.36%	+0.37%
2024	+8.80%	N/A
2023	+8.73%	N/A
2022	-19.82%	N/A
2021	-4.28%	N/A
2020	+17.45%	N/A
2019	+18.04%	N/A
2018	-18.13%	N/A
2017	+38.45%	N/A
2016	-6.70%	N/A

EEMX vs FTMS Drawdown Comparison

The maximum drawdown for EEMX was -39.90%, occurring on Oct 24, 2022. Recovery took 1146 trading sessions.

The maximum drawdown for FTMS was -1.23%, occurring on Mar 26, 2026. This drawdown has not yet recovered.

The current EEMX drawdown is -4.00%. The current FTMS drawdown is -0.11%.

Rank	EEMX	FTMS
#1	-39.90% Feb 16, 2021 - Sep 9, 2025	-1.23% Feb 27, 2026 - Mar 26, 2026
#2	-36.38% Jan 26, 2018 - Nov 16, 2020	-0.45% Nov 18, 2025 - Dec 3, 2025
#3	-13.89% Feb 25, 2026 - Apr 17, 2026	-0.25% Oct 27, 2025 - Nov 17, 2025
#4	-9.04% Jun 2, 2026 - Jun 5, 2026	-0.20% Jan 9, 2026 - Jan 28, 2026
#5	-7.92% Oct 25, 2016 - Feb 15, 2017	-0.15% Dec 3, 2025 - Dec 23, 2025
#6	-5.55% Oct 29, 2025 - Jan 2, 2026	-0.09% Jan 30, 2026 - Feb 4, 2026
#7	-5.52% May 11, 2026 - May 26, 2026	-0.06% Feb 20, 2026 - Feb 24, 2026
#8	-5.41% Jan 21, 2021 - Feb 9, 2021	-0.05% Dec 23, 2025 - Dec 26, 2025
#9	-5.41% Nov 22, 2017 - Dec 28, 2017	-0.05% Feb 4, 2026 - Feb 9, 2026
#10	-4.69% Oct 8, 2025 - Oct 17, 2025	-0.04% Feb 13, 2026 - Feb 20, 2026
#11	-4.06% Aug 8, 2017 - Aug 29, 2017	-0.02% Jan 28, 2026 - Jan 30, 2026
#12	-3.98% Mar 17, 2017 - Mar 24, 2017	N/A
#13	-3.76% Jan 28, 2026 - Feb 11, 2026	N/A
#14	-3.55% May 15, 2017 - Jul 13, 2017	N/A
#15	-3.36% Oct 13, 2017 - Nov 21, 2017	N/A

Correlation

Correlation between EEMX and FTMS is 0.88 which considered as a strong positive correlation - the stocks tend to move together.

0.88

-101

Dividend Comparison (2016 - 2026)

EEMX vs FTMS dividend yield comparison.

Year	EEMX	FTMS
2026	0.22%	1.41%
2025	2.28%	0.57%
2024	2.26%	0.00%
2023	2.20%	0.00%
2022	2.38%	0.00%
2021	1.72%	0.00%
2020	1.42%	0.00%
2019	2.57%	0.00%
2018	2.41%	0.00%
2017	2.45%	0.00%
2016	0.15%	0.00%