FLMB vs MRNY

Comparison between FRANKLIN MUNICIPAL GREEN BOND ETF (FLMB, ETF) and YIELDMAX(R) MRNA OPTION INCOME STRATEGY ETF (MRNY, ETF).

FLMB vs MRNY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FLMB(ETF)	MRNY(ETF)
Net Assets	$83M	$83M
Expense Ratio	0.30%	1.00%
Max Drawdown	20.72%	94.55%
Sharpe Ratio	1.25	0.93
5Y Beta	0.01	1.15
5Y Dividends CAGR	14.58%	N/A

Net Assets

FLMB

$83M

Winner

MRNY

$83M

Expense Ratio

Winner

FLMB

0.30%

MRNY

1.00%

Max Drawdown

Winner

FLMB

20.72%

MRNY

94.55%

Sharpe Ratio

Winner

FLMB

1.25

MRNY

0.93

5Y Beta

Winner

FLMB

0.01

MRNY

1.15

5Y Dividends CAGR

FLMB

14.58%

MRNY

N/A

FLMB vs MRNY - Historical Returns

Returns include dividend reinvestment.

Period	FLMB	MRNY
1 month	+0.52%	-4.29%
3 months	+1.46%	-4.72%
6 months	+2.29%	+48.84%
1 year	+8.32%	+46.58%
5 years(CAGR)	+0.49%	N/A
10 years(CAGR)	+2.32%	N/A
Max(CAGR)	+2.32%	-24.60%

Winner

FLMB

+0.52%

MRNY

-4.29%

Winner

FLMB

+1.46%

MRNY

-4.72%

FLMB

+2.29%

Winner

MRNY

+48.84%

FLMB

+8.32%

Winner

MRNY

+46.58%

5Y(CAGR)

FLMB

+0.49%

MRNY

N/A

10Y(CAGR)

FLMB

+2.32%

MRNY

N/A

Max(CAGR)

Winner

FLMB

+2.32%

MRNY

-24.60%

FLMB vs MRNY - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	FLMB	MRNY
2026	+1.93%	+46.71%
2025	+3.70%	-36.30%
2024	+2.63%	-61.26%
2023	+7.35%	+19.62%
2022	-12.02%	N/A
2021	+0.71%	N/A
2020	+7.37%	N/A
2019	+8.70%	N/A
2018	+0.42%	N/A
2017	+0.62%	N/A

FLMB vs MRNY Drawdown Comparison

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

The maximum drawdown for MRNY was -82.16%, occurring on Nov 20, 2025. This drawdown has not yet recovered.

The current FLMB drawdown is -0.46%. The current MRNY drawdown is -67.97%.

Rank	FLMB	MRNY
#1	-17.90% Jul 20, 2021 - Jan 6, 2026	-82.16% May 24, 2024 - Nov 20, 2025
#2	-13.94% Mar 9, 2020 - Jul 22, 2020	-20.83% Jan 8, 2024 - Mar 25, 2024
#3	-4.08% Dec 6, 2017 - Jan 3, 2019	-11.09% Oct 24, 2023 - Dec 11, 2023
#4	-3.52% Feb 11, 2021 - Jul 8, 2021	-6.19% Mar 27, 2024 - Apr 9, 2024
#5	-3.25% Feb 27, 2026 - Mar 27, 2026	-5.56% May 2, 2024 - May 14, 2024
#6	-2.34% Aug 20, 2019 - Jan 8, 2020	-4.28% Dec 11, 2023 - Dec 14, 2023
#7	-2.08% Aug 10, 2020 - Nov 30, 2020	-3.27% Apr 9, 2024 - Apr 24, 2024
#8	-0.53% Mar 27, 2019 - Apr 24, 2019	-2.50% Dec 19, 2023 - Dec 21, 2023
#9	-0.48% Jan 8, 2026 - Feb 2, 2026	-1.45% Apr 24, 2024 - Apr 26, 2024
#10	-0.47% Jan 3, 2019 - Jan 31, 2019	-1.42% Mar 25, 2024 - Mar 27, 2024
#11	-0.45% Jan 31, 2020 - Feb 18, 2020	-0.85% Dec 27, 2023 - Dec 29, 2023
#12	-0.40% Jan 4, 2021 - Jan 21, 2021	-0.72% Apr 29, 2024 - May 1, 2024
#13	-0.32% Sep 29, 2017 - Nov 30, 2017	-0.67% Dec 15, 2023 - Dec 19, 2023
#14	-0.25% Jul 8, 2021 - Jul 16, 2021	-0.55% May 22, 2024 - May 24, 2024
#15	-0.23% Jan 16, 2020 - Jan 23, 2020	-0.16% Jan 2, 2024 - Jan 4, 2024

Correlation

Correlation between FLMB and MRNY is -0.53 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.53

-101