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FLMI vs FENY

Comparison between FRANKLIN DYNAMIC MUNICIPAL BOND ETF (FLMI, ETF) and FIDELITY MSCI ENERGY INDEX ETF (FENY, ETF).

5-Year PerformanceFENY has outperformed FLMI, delivering a return of +20.0% compared to +2.2%

FLMI vs FENY - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
FLMI
$2B
FENY
$2B
Expense Ratio
FLMI
0.30%
Winner
FENY
0.08%
Max Drawdown
Winner
FLMI
17.26%
FENY
78.93%
Sharpe Ratio
FLMI
1.38
Winner
FENY
1.76
5Y Beta
Winner
FLMI
0.01
FENY
0.58
P/E Ratio
FLMI
N/A
FENY
26.14
Forward P/E
FLMI
N/A
FENY
13.05
5Y Dividends CAGR
Winner
FLMI
12.68%
FENY
9.85%
5Y EPS CAGR
FLMI
N/A
FENY
20.22%
P/S Ratio
FLMI
N/A
FENY
1.49
P/B Ratio
FLMI
N/A
FENY
2.32

FLMI vs FENY - Historical Returns

Returns include dividend reinvestment.

1M
Winner
FLMI
+0.89%
FENY
-3.91%
3M
FLMI
+0.52%
Winner
FENY
+2.40%
6M
FLMI
+2.81%
Winner
FENY
+26.87%
1Y
FLMI
+8.10%
Winner
FENY
+45.44%
5Y(CAGR)
FLMI
+2.20%
Winner
FENY
+20.05%
10Y(CAGR)
FLMI
+3.05%
Winner
FENY
+9.12%
Max(CAGR)
FLMI
+3.05%
Winner
FENY
+5.48%

FLMI vs FENY - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

YearFLMIFENY
2026+2.22%+27.00%
2025+5.73%+5.86%
2024+5.19%+5.52%
2023+7.38%+4.14%
2022-10.15%+57.99%
2021+4.02%+55.08%
2020+5.96%-33.65%
2019+6.69%+6.75%
2018+0.34%-21.32%
2017-0.02%-3.58%
2016N/A+27.18%
2015N/A-23.35%
2014N/A-8.54%
2013N/A+3.69%

FLMI vs FENY Drawdown Comparison

The maximum drawdown for FLMI was -14.66%, occurring on Oct 25, 2022. Recovery took 751 trading sessions.

The maximum drawdown for FENY was -74.36%, occurring on Mar 18, 2020. Recovery took 1969 trading sessions.

The current FLMI drawdown is -0.33%. The current FENY drawdown is -8.16%.

RankFLMIFENY
#1-14.66%
Aug 4, 2021 - Jul 31, 2024
-74.36%
Jun 23, 2014 - Apr 18, 2022
#2-13.63%
Mar 9, 2020 - Nov 17, 2020
-26.59%
Jun 7, 2022 - Nov 1, 2022
#3-4.66%
Mar 3, 2025 - Sep 5, 2025
-21.47%
Nov 22, 2024 - Jan 5, 2026
#4-2.90%
Feb 27, 2026 - Mar 24, 2026
-18.50%
Nov 15, 2022 - Sep 8, 2023
#5-2.61%
Nov 29, 2024 - Feb 25, 2025
-13.42%
Apr 5, 2024 - Nov 20, 2024
#6-2.57%
Feb 12, 2021 - May 24, 2021
-13.04%
Sep 14, 2023 - Mar 19, 2024
#7-2.21%
Jan 31, 2018 - Jan 3, 2019
-11.78%
Mar 27, 2026 - Apr 17, 2026
#8-1.95%
Oct 1, 2024 - Nov 29, 2024
-9.43%
Apr 18, 2022 - May 4, 2022
#9-1.56%
Sep 3, 2019 - Jan 24, 2020
-8.49%
May 6, 2022 - May 17, 2022
#10-0.90%
Jun 16, 2021 - Jul 8, 2021
-8.04%
Dec 31, 2013 - Mar 28, 2014
#11-0.90%
Sep 5, 2017 - Jan 8, 2018
-5.08%
Nov 8, 2022 - Nov 15, 2022
#12-0.73%
Aug 5, 2024 - Aug 20, 2024
-3.60%
Nov 22, 2013 - Dec 26, 2013
#13-0.52%
Sep 18, 2025 - Oct 1, 2025
-3.51%
Jan 5, 2026 - Jan 13, 2026
#14-0.52%
Oct 28, 2025 - Nov 11, 2025
-2.96%
May 17, 2022 - May 23, 2022
#15-0.44%
Aug 20, 2024 - Sep 3, 2024
-2.34%
Mar 2, 2026 - Mar 12, 2026

Correlation

Correlation between FLMI and FENY is 0.60 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.60
-101

Dividend Comparison (2013 - 2026)

FLMI vs FENY dividend yield comparison.

YearFLMIFENY
20261.64%0.59%
20253.89%3.18%
20244.08%3.05%
20233.71%3.33%
20223.08%3.33%
20212.22%3.69%
20202.09%4.60%
20192.71%6.43%
20182.41%3.21%
20170.34%2.94%
20160.00%2.29%
20150.00%3.05%
20140.00%1.91%
20130.00%0.32%

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