FLMB vs CEV

Comparison between FRANKLIN MUNICIPAL GREEN BOND ETF (FLMB, ETF) and Eaton Vance California Municipal Income Trust (CEV, ETF).

5-Year PerformanceFLMB has outperformed CEV, delivering a return of +0.3% compared to -0.9%

FLMB vs CEV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FLMB(ETF)	CEV(ETF)
Net Assets	$78M	$78M
Expense Ratio	0.30%	N/A
Max Drawdown	20.72%	61.83%
Sharpe Ratio	1.41	1.06
5Y Beta	0.01	0.12
5Y Dividends CAGR	15.97%	1.20%

Net Assets

Winner

FLMB

$78M

CEV

$78M

Expense Ratio

FLMB

0.30%

CEV

N/A

Max Drawdown

Winner

FLMB

20.72%

CEV

61.83%

Sharpe Ratio

Winner

FLMB

1.41

CEV

1.06

5Y Beta

Winner

FLMB

0.01

CEV

0.12

5Y Dividends CAGR

Winner

FLMB

15.97%

CEV

1.20%

FLMB vs CEV - Historical Returns

Returns include dividend reinvestment.

Period	FLMB	CEV
1 month	-0.82%	+0.47%
3 months	+0.12%	+1.84%
6 months	+1.20%	+5.15%
1 year	+8.47%	+14.60%
5 years(CAGR)	+0.28%	-0.93%
10 years(CAGR)	+2.23%	+1.51%
Max(CAGR)	+2.23%	+5.12%

FLMB

-0.82%

Winner

CEV

+0.47%

FLMB

+0.12%

Winner

CEV

+1.84%

FLMB

+1.20%

Winner

CEV

+5.15%

FLMB

+8.47%

Winner

CEV

+14.60%

5Y(CAGR)

Winner

FLMB

+0.28%

CEV

-0.93%

10Y(CAGR)

Winner

FLMB

+2.23%

CEV

+1.51%

Max(CAGR)

FLMB

+2.23%

Winner

CEV

+5.12%

FLMB vs CEV - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	FLMB	CEV
2026	+1.41%	+6.41%
2025	+3.70%	+5.19%
2024	+2.63%	+1.93%
2023	+7.35%	+8.06%
2022	-12.02%	-24.31%
2021	+0.71%	+2.98%
2020	+7.37%	+6.21%
2019	+8.70%	+25.02%
2018	+0.42%	-4.89%
2017	+0.62%	+2.64%
2016	N/A	-3.39%
2015	N/A	+7.78%
2014	N/A	+22.63%
2013	N/A	-17.98%
2012	N/A	+16.53%
2011	N/A	+23.43%
2010	N/A	+4.71%
2009	N/A	+60.06%
2008	N/A	-39.27%
2007	N/A	-7.13%
2006	N/A	+12.80%
2005	N/A	-2.30%
2004	N/A	+7.28%
2003	N/A	+15.22%
2002	N/A	+5.14%
2001	N/A	+21.58%
2000	N/A	+13.59%
1999	N/A	-7.78%

FLMB vs CEV Drawdown Comparison

The maximum drawdown for FLMB was -17.90%, occurring on Oct 26, 2022. Recovery took 1121 trading sessions.

The maximum drawdown for CEV was -58.45%, occurring on Dec 16, 2008. Recovery took 764 trading sessions.

The current FLMB drawdown is -1.30%. The current CEV drawdown is -8.19%.

Rank	FLMB	CEV
#1	-17.90% Jul 20, 2021 - Jan 6, 2026	-58.45% May 21, 2007 - Jun 2, 2010
#2	-13.94% Mar 9, 2020 - Jul 22, 2020	-32.99% Nov 12, 2021 - Oct 31, 2022
#3	-4.08% Dec 6, 2017 - Jan 3, 2019	-26.49% Feb 12, 2013 - Jan 29, 2015
#4	-3.52% Feb 11, 2021 - Jul 8, 2021	-25.93% Feb 19, 2020 - Jul 31, 2020
#5	-3.25% Feb 27, 2026 - Jun 29, 2026	-19.14% Apr 6, 2016 - Aug 2, 2019
#6	-2.34% Aug 20, 2019 - Jan 8, 2020	-18.74% Sep 7, 2010 - Aug 22, 2011
#7	-2.08% Aug 10, 2020 - Nov 30, 2020	-14.62% Nov 9, 1999 - Apr 12, 2000
#8	-1.30% Jul 6, 2026 - Jul 21, 2026	-14.25% Apr 13, 2000 - Aug 21, 2000
#9	-0.53% Mar 27, 2019 - Apr 24, 2019	-13.63% Mar 17, 2004 - Sep 14, 2004
#10	-0.48% Jan 8, 2026 - Feb 2, 2026	-12.41% Jul 2, 2003 - Dec 19, 2003
#11	-0.47% Jan 3, 2019 - Jan 31, 2019	-11.73% Oct 8, 2002 - May 14, 2003
#12	-0.45% Jan 31, 2020 - Feb 18, 2020	-11.55% Feb 14, 2005 - Mar 1, 2006
#13	-0.40% Jan 4, 2021 - Jan 21, 2021	-11.18% May 11, 2006 - Dec 1, 2006
#14	-0.32% Sep 29, 2017 - Nov 30, 2017	-10.25% Nov 12, 2001 - Feb 6, 2002
#15	-0.25% Jul 8, 2021 - Jul 16, 2021	-9.96% Feb 7, 2001 - Aug 1, 2001

Correlation

Correlation between FLMB and CEV is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.

0.93

-101

Dividend Comparison (1999 - 2026)

FLMB vs CEV dividend yield comparison.

Year	FLMB	CEV
2026	2.04%	3.38%
2025	3.86%	5.98%
2024	3.79%	5.58%
2023	3.49%	4.14%
2022	2.80%	5.24%
2021	1.66%	4.17%
2020	2.08%	4.00%
2019	2.40%	3.95%
2018	2.68%	4.25%
2017	0.54%	4.01%
2016	0.00%	4.81%
2015	0.00%	5.46%
2014	0.00%	5.75%
2013	0.00%	7.07%
2012	0.00%	5.84%
2011	0.00%	6.78%
2010	0.00%	7.57%
2009	0.00%	6.69%
2008	0.00%	8.81%
2007	0.00%	5.06%
2006	0.00%	4.87%
2005	0.00%	6.29%
2004	0.00%	6.81%
2003	0.00%	6.34%
2002	0.00%	6.71%
2001	0.00%	5.33%
2000	0.00%	5.99%
1999	0.00%	1.16%