FLMI vs NUV

Comparison between FRANKLIN DYNAMIC MUNICIPAL BOND ETF (FLMI, ETF) and Nuveen Municipal Value Fund Inc (NUV, ETF).

5-Year PerformanceFLMI has outperformed NUV, delivering a return of +2.2% compared to -0.4%

FLMI vs NUV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FLMI(ETF)	NUV(ETF)
Net Assets	$1.90B	$1.90B
Expense Ratio	0.30%	N/A
Max Drawdown	17.26%	33.92%
Sharpe Ratio	1.14	0.99
5Y Beta	0.00	0.12
5Y Dividends CAGR	13.20%	2.58%

Net Assets

FLMI

$1.90B

NUV

$1.90B

Expense Ratio

FLMI

0.30%

NUV

N/A

Max Drawdown

Winner

FLMI

17.26%

NUV

33.92%

Sharpe Ratio

Winner

FLMI

1.14

NUV

0.99

5Y Beta

Winner

FLMI

0.00

NUV

0.12

5Y Dividends CAGR

Winner

FLMI

13.20%

NUV

2.58%

FLMI vs NUV - Historical Returns

Returns include dividend reinvestment.

Period	FLMI	NUV
1 month	+0.52%	+0.68%
3 months	+0.13%	+1.51%
6 months	+2.26%	+3.51%
1 year	+7.46%	+10.70%
5 years(CAGR)	+2.20%	-0.43%
10 years(CAGR)	+3.00%	+2.55%
Max(CAGR)	+3.00%	+4.84%

FLMI

+0.52%

Winner

NUV

+0.68%

FLMI

+0.13%

Winner

NUV

+1.51%

FLMI

+2.26%

Winner

NUV

+3.51%

FLMI

+7.46%

Winner

NUV

+10.70%

5Y(CAGR)

Winner

FLMI

+2.20%

NUV

-0.43%

10Y(CAGR)

Winner

FLMI

+3.00%

NUV

+2.55%

Max(CAGR)

FLMI

+3.00%

Winner

NUV

+4.84%

FLMI vs NUV - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	FLMI	NUV
2026	+1.60%	+2.88%
2025	+5.73%	+9.25%
2024	+5.19%	+3.56%
2023	+7.38%	+2.79%
2022	-10.15%	-13.94%
2021	+4.02%	-3.67%
2020	+5.96%	+7.81%
2019	+6.69%	+17.97%
2018	+0.34%	-4.83%
2017	-0.02%	+10.10%
2016	N/A	-2.44%
2015	N/A	+9.91%
2014	N/A	+11.31%
2013	N/A	-8.62%
2012	N/A	+8.82%
2011	N/A	+13.18%
2010	N/A	-0.41%
2009	N/A	+11.52%
2008	N/A	-2.97%
2007	N/A	-4.18%
2006	N/A	+12.63%
2005	N/A	+11.40%
2004	N/A	+4.76%
2003	N/A	+6.25%
2002	N/A	+6.99%
2001	N/A	+9.72%
2000	N/A	+14.20%
1999	N/A	-8.03%

FLMI vs NUV Drawdown Comparison

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

The maximum drawdown for NUV was -28.29%, occurring on Oct 26, 2023. This drawdown has not yet recovered.

The current FLMI drawdown is -0.93%. The current NUV drawdown is -6.46%.

Rank	FLMI	NUV
#1	-14.66% Aug 4, 2021 - Jul 31, 2024	-28.29% Aug 11, 2021 - Oct 26, 2023
#2	-13.63% Mar 9, 2020 - Nov 17, 2020	-23.00% Feb 25, 2020 - Oct 20, 2020
#3	-4.66% Mar 3, 2025 - Sep 5, 2025	-20.55% May 19, 2008 - Sep 9, 2009
#4	-2.90% Feb 27, 2026 - Mar 24, 2026	-14.71% Dec 6, 2012 - Jan 5, 2015
#5	-2.61% Nov 29, 2024 - Feb 25, 2025	-12.54% Jul 7, 2016 - Sep 14, 2017
#6	-2.57% Feb 12, 2021 - May 24, 2021	-11.19% Sep 28, 2010 - Sep 21, 2011
#7	-2.21% Jan 31, 2018 - Jan 3, 2019	-9.77% Mar 17, 2004 - Oct 29, 2004
#8	-1.95% Oct 1, 2024 - Nov 29, 2024	-9.49% Nov 1, 1999 - Jul 7, 2000
#9	-1.56% Sep 3, 2019 - Jan 24, 2020	-9.15% Mar 13, 2007 - Apr 1, 2008
#10	-0.90% Jun 16, 2021 - Jul 8, 2021	-8.45% Sep 14, 2017 - Mar 21, 2019
#11	-0.90% Sep 5, 2017 - Jan 8, 2018	-7.42% Feb 2, 2015 - Oct 23, 2015
#12	-0.73% Aug 5, 2024 - Aug 20, 2024	-6.81% Feb 9, 2021 - Jul 2, 2021
#13	-0.52% Sep 18, 2025 - Oct 1, 2025	-6.78% Aug 30, 2001 - Nov 8, 2001
#14	-0.52% Oct 28, 2025 - Nov 11, 2025	-6.27% Oct 1, 2002 - Mar 6, 2003
#15	-0.44% Aug 20, 2024 - Sep 3, 2024	-6.19% Mar 7, 2012 - Apr 30, 2012

Correlation

Correlation between FLMI and NUV is 0.78 which considered as a strong positive correlation - the stocks tend to move together.

0.78

-101

Dividend Comparison (2000 - 2026)

FLMI vs NUV dividend yield comparison.

Year	FLMI	NUV
2026	1.31%	1.41%
2025	3.89%	4.30%
2024	4.08%	4.16%
2023	3.71%	3.94%
2022	3.08%	3.91%
2021	2.22%	3.41%
2020	2.09%	3.35%
2019	2.71%	3.48%
2018	2.41%	4.01%
2017	0.34%	3.99%
2016	0.00%	4.10%
2015	0.00%	3.95%
2014	0.00%	4.44%
2013	0.00%	4.97%
2012	0.00%	4.16%
2011	0.00%	5.04%
2010	0.00%	5.33%
2009	0.00%	4.50%
2008	0.00%	5.46%
2007	0.00%	5.34%
2006	0.00%	4.75%
2005	0.00%	5.06%
2004	0.00%	5.82%
2003	0.00%	5.60%
2002	0.00%	5.73%
2001	0.00%	5.62%
2000	0.00%	2.70%