FBUF vs MFLX

Comparison between Fidelity Dynamic Buffered Equity ETF (FBUF, ETF) and FIRST TRUST FLEXIBLE MUNICIPAL HIGH INCOME ETF (MFLX, ETF).

FBUF vs MFLX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FBUF(ETF)	MFLX(ETF)
Net Assets	$19M	$19M
Expense Ratio	0.48%	0.75%
Max Drawdown	11.28%	29.72%
Sharpe Ratio	1.64	1.21
5Y Beta	0.56	-0.05
P/E Ratio	26.81	N/A
Forward P/E	21.19	N/A
PEG Ratio	0.24	N/A
5Y Dividends CAGR	N/A	1.25%
5Y EPS CAGR	29.41%	N/A
Debt to Equity	49.90%	N/A
P/S Ratio	3.68	N/A
P/B Ratio	5.62	N/A

Net Assets

Winner

FBUF

$19M

MFLX

$19M

Expense Ratio

Winner

FBUF

0.48%

MFLX

0.75%

Max Drawdown

Winner

FBUF

11.28%

MFLX

29.72%

Sharpe Ratio

Winner

FBUF

1.64

MFLX

1.21

5Y Beta

FBUF

0.56

Winner

MFLX

-0.05

P/E Ratio

FBUF

26.81

MFLX

N/A

Forward P/E

FBUF

21.19

MFLX

N/A

PEG Ratio

FBUF

0.24

MFLX

N/A

5Y Dividends CAGR

FBUF

N/A

MFLX

1.25%

5Y EPS CAGR

FBUF

29.41%

MFLX

N/A

Debt to Equity

FBUF

49.90%

MFLX

N/A

P/S Ratio

FBUF

3.68

MFLX

N/A

P/B Ratio

FBUF

5.62

MFLX

N/A

FBUF vs MFLX - Historical Returns

Returns include dividend reinvestment.

Period	FBUF	MFLX
1 month	+0.62%	+1.03%
3 months	+2.90%	+1.30%
6 months	+4.08%	+3.63%
1 year	+17.52%	+8.70%
5 years(CAGR)	N/A	-0.06%
10 years(CAGR)	N/A	+2.13%
Max(CAGR)	+12.94%	+2.13%

FBUF

+0.62%

Winner

MFLX

+1.03%

Winner

FBUF

+2.90%

MFLX

+1.30%

Winner

FBUF

+4.08%

MFLX

+3.63%

Winner

FBUF

+17.52%

MFLX

+8.70%

5Y(CAGR)

FBUF

N/A

MFLX

-0.06%

10Y(CAGR)

FBUF

N/A

MFLX

+2.13%

Max(CAGR)

Winner

FBUF

+12.94%

MFLX

+2.13%

FBUF vs MFLX - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	FBUF	MFLX
2026	+3.47%	+3.03%
2025	+14.10%	+4.12%
2024	+10.12%	+4.73%
2023	N/A	+8.91%
2022	N/A	-19.65%
2021	N/A	+8.96%
2020	N/A	+7.00%
2019	N/A	+15.75%
2018	N/A	-4.71%
2017	N/A	+5.57%
2016	N/A	-7.63%

FBUF vs MFLX Drawdown Comparison

The maximum drawdown for FBUF was -11.09%, occurring on Apr 8, 2025. Recovery took 89 trading sessions.

The maximum drawdown for MFLX was -26.76%, occurring on Mar 18, 2020. Recovery took 193 trading sessions.

The current FBUF drawdown is -1.98%. The current MFLX drawdown is -3.94%.

Rank	FBUF	MFLX
#1	-11.09% Feb 19, 2025 - Jun 27, 2025	-26.76% Feb 24, 2020 - Nov 25, 2020
#2	-5.61% Feb 2, 2026 - Apr 30, 2026	-25.88% Aug 24, 2021 - Oct 27, 2022
#3	-4.66% Jul 16, 2024 - Aug 27, 2024	-10.10% Sep 29, 2016 - Mar 26, 2019
#4	-3.31% Nov 12, 2025 - Dec 3, 2025	-4.45% Feb 11, 2021 - Apr 14, 2021
#5	-2.80% Dec 6, 2024 - Feb 14, 2025	-3.82% Sep 4, 2019 - Dec 11, 2019
#6	-2.64% Aug 30, 2024 - Sep 19, 2024	-1.54% Jul 12, 2021 - Jul 28, 2021
#7	-2.52% Apr 11, 2024 - May 14, 2024	-1.42% May 10, 2021 - May 26, 2021
#8	-2.16% Oct 6, 2025 - Oct 20, 2025	-1.05% Dec 11, 2020 - Dec 31, 2020
#9	-1.98% Jun 1, 2026 - Jun 5, 2026	-0.81% Apr 15, 2019 - May 2, 2019
#10	-1.92% Jan 9, 2026 - Jan 26, 2026	-0.73% Dec 31, 2020 - Jan 19, 2021
#11	-1.68% Dec 11, 2025 - Dec 22, 2025	-0.71% Dec 26, 2019 - Jan 7, 2020
#12	-1.51% Nov 11, 2024 - Nov 26, 2024	-0.69% Jun 10, 2021 - Jun 28, 2021
#13	-1.36% Nov 3, 2025 - Nov 11, 2025	-0.69% Dec 11, 2019 - Dec 26, 2019
#14	-1.32% Jul 28, 2025 - Aug 6, 2025	-0.67% Aug 4, 2021 - Aug 10, 2021
#15	-1.16% Oct 18, 2024 - Nov 6, 2024	-0.62% Aug 20, 2019 - Aug 28, 2019

Correlation

Correlation between FBUF and MFLX is 0.90 which considered as a very strong positive correlation - the stocks move almost identically together.

0.90

-101

Dividend Comparison (2016 - 2026)

FBUF vs MFLX dividend yield comparison.

Year	FBUF	MFLX
2026	0.19%	1.75%
2025	0.64%	4.06%
2024	0.54%	3.81%
2023	0.00%	3.65%
2022	0.00%	4.27%
2021	0.00%	3.69%
2020	0.00%	3.21%
2019	0.00%	2.94%
2018	0.00%	3.74%
2017	0.00%	3.80%
2016	0.00%	0.98%