FDL vs JMUB

Comparison between FIRST TRUST MORNINGSTAR DIVIDEND LEADERS INDEX FUND (FDL, ETF) and JPMorgan Municipal ETF (JMUB, ETF).

5-Year PerformanceFDL has outperformed JMUB, delivering a return of +12.2% compared to +1.2%

FDL vs JMUB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FDL(ETF)	JMUB(ETF)
Net Assets	$7.50B	$7.50B
Expense Ratio	0.43%	0.18%
Max Drawdown	68.60%	14.47%
Sharpe Ratio	1.58	0.64
5Y Beta	0.42	0.02
P/E Ratio	15.66	N/A
Forward P/E	11.82	N/A
PEG Ratio	0.47	N/A
5Y Dividends CAGR	6.98%	11.91%
5Y EPS CAGR	8.11%	N/A
Debt to Equity	-10.24%	N/A
P/S Ratio	1.37	N/A
P/B Ratio	2.02	N/A

Net Assets

FDL

$7.50B

JMUB

$7.50B

Expense Ratio

FDL

0.43%

Winner

JMUB

0.18%

Max Drawdown

FDL

68.60%

Winner

JMUB

14.47%

Sharpe Ratio

Winner

FDL

1.58

JMUB

0.64

5Y Beta

FDL

0.42

Winner

JMUB

0.02

P/E Ratio

FDL

15.66

JMUB

N/A

Forward P/E

FDL

11.82

JMUB

N/A

PEG Ratio

FDL

0.47

JMUB

N/A

5Y Dividends CAGR

FDL

6.98%

Winner

JMUB

11.91%

5Y EPS CAGR

FDL

8.11%

JMUB

N/A

Debt to Equity

FDL

-10.24%

JMUB

N/A

P/S Ratio

FDL

1.37

JMUB

N/A

P/B Ratio

FDL

2.02

JMUB

N/A

FDL vs JMUB - Historical Returns

Returns include dividend reinvestment.

Period	FDL	JMUB
1 month	-0.72%	-0.01%
3 months	-2.08%	-0.72%
6 months	+15.43%	+1.02%
1 year	+24.27%	+5.13%
5 years(CAGR)	+12.17%	+1.21%
10 years(CAGR)	+11.26%	N/A
Max(CAGR)	+8.74%	+2.97%

FDL

-0.72%

Winner

JMUB

-0.01%

FDL

-2.08%

Winner

JMUB

-0.72%

Winner

FDL

+15.43%

JMUB

+1.02%

Winner

FDL

+24.27%

JMUB

+5.13%

5Y(CAGR)

Winner

FDL

+12.17%

JMUB

+1.21%

10Y(CAGR)

FDL

+11.26%

JMUB

N/A

Max(CAGR)

Winner

FDL

+8.74%

JMUB

+2.97%

FDL vs JMUB - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	FDL	JMUB
2026	+11.34%	+0.56%
2025	+14.75%	+4.15%
2024	+16.15%	+1.90%
2023	+3.12%	+5.86%
2022	+6.12%	-7.39%
2021	+27.30%	+1.59%
2020	-4.69%	+4.88%
2019	+23.95%	+8.35%
2018	-6.43%	+2.81%
2017	+11.08%	N/A
2016	+21.68%	N/A
2015	+2.54%	N/A
2014	+14.35%	N/A
2013	+20.24%	N/A
2012	+9.29%	N/A
2011	+13.63%	N/A
2010	+15.25%	N/A
2009	+11.95%	N/A
2008	-29.98%	N/A
2007	-11.29%	N/A
2006	+18.40%	N/A

FDL vs JMUB Drawdown Comparison

The maximum drawdown for FDL was -65.91%, occurring on Mar 5, 2009. Recovery took 1446 trading sessions.

The maximum drawdown for JMUB was -12.50%, occurring on Mar 23, 2020. Recovery took 106 trading sessions.

The current FDL drawdown is -2.80%. The current JMUB drawdown is -1.21%.

Rank	FDL	JMUB
#1	-65.91% May 22, 2007 - Feb 19, 2013	-12.50% Mar 9, 2020 - Aug 7, 2020
#2	-41.40% Dec 23, 2019 - Feb 22, 2021	-12.06% Jul 30, 2021 - Sep 5, 2024
#3	-16.45% May 27, 2022 - Feb 1, 2023	-4.02% Feb 28, 2025 - Sep 5, 2025
#4	-14.67% Feb 13, 2023 - Jan 5, 2024	-2.55% Feb 27, 2026 - Mar 24, 2026
#5	-13.30% Jan 26, 2018 - Mar 13, 2019	-2.18% Oct 1, 2024 - Dec 4, 2024
#6	-12.24% Feb 28, 2025 - Jul 2, 2025	-2.17% Feb 12, 2021 - Jun 8, 2021
#7	-11.18% Jan 22, 2015 - Oct 22, 2015	-2.07% Dec 4, 2024 - Feb 26, 2025
#8	-8.90% Nov 29, 2024 - Feb 20, 2025	-1.36% Aug 15, 2019 - Oct 9, 2019
#9	-7.05% Jul 26, 2019 - Sep 11, 2019	-1.22% Aug 11, 2020 - Nov 20, 2020
#10	-6.20% May 10, 2021 - Dec 15, 2021	-1.18% Oct 9, 2019 - Jan 3, 2020
#11	-6.06% May 15, 2013 - Jul 23, 2013	-0.55% Jun 15, 2021 - Jul 8, 2021
#12	-5.82% Dec 29, 2015 - Feb 16, 2016	-0.48% Mar 28, 2019 - Apr 29, 2019
#13	-5.82% Apr 20, 2022 - May 26, 2022	-0.45% Nov 11, 2025 - Nov 28, 2025
#14	-5.55% Feb 20, 2007 - Apr 16, 2007	-0.42% Sep 17, 2025 - Oct 10, 2025
#15	-5.46% Mar 28, 2024 - May 13, 2024	-0.36% Jan 31, 2020 - Feb 19, 2020

Correlation

Correlation between FDL and JMUB is 0.72 which considered as a strong positive correlation - the stocks tend to move together.

0.72

-101

Dividend Comparison (2006 - 2026)

FDL vs JMUB dividend yield comparison.

Year	FDL	JMUB
2026	0.81%	1.20%
2025	4.04%	3.52%
2024	4.96%	3.50%
2023	4.58%	3.20%
2022	3.58%	2.16%
2021	4.59%	1.94%
2020	4.48%	2.13%
2019	3.75%	3.66%
2018	3.97%	0.45%
2017	3.18%	0.00%
2016	2.93%	0.00%
2015	3.65%	0.00%
2014	3.35%	0.00%
2013	3.13%	0.00%
2012	3.84%	0.00%
2011	3.47%	0.00%
2010	3.62%	0.00%
2009	4.01%	0.00%
2008	6.10%	0.00%
2007	4.38%	0.00%
2006	2.55%	0.00%