FLRG vs EOT

Comparison between FIDELITY U.S. MULTIFACTOR ETF (FLRG, ETF) and Eaton Vance National Municipal Opportunities Trust (EOT, ETF).

5-Year PerformanceFLRG has outperformed EOT, delivering a return of +12.6% compared to -1.4%

FLRG vs EOT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FLRG(ETF)	EOT(ETF)
Net Assets	$283M	$283M
Expense Ratio	0.15%	N/A
Max Drawdown	20.47%	40.61%
Sharpe Ratio	1.21	0.67
5Y Beta	0.84	0.16
P/E Ratio	19.98	N/A
Forward P/E	16.68	N/A
PEG Ratio	0.23	N/A
5Y Dividends CAGR	12.87%	2.88%
5Y EPS CAGR	30.11%	N/A
Debt to Equity	20.08%	N/A
P/S Ratio	3.60	N/A
P/B Ratio	4.60	N/A

Net Assets

FLRG

$283M

Winner

EOT

$283M

Expense Ratio

FLRG

0.15%

EOT

N/A

Max Drawdown

Winner

FLRG

20.47%

EOT

40.61%

Sharpe Ratio

Winner

FLRG

1.21

EOT

0.67

5Y Beta

FLRG

0.84

Winner

EOT

0.16

P/E Ratio

FLRG

19.98

EOT

N/A

Forward P/E

FLRG

16.68

EOT

N/A

PEG Ratio

FLRG

0.23

EOT

N/A

5Y Dividends CAGR

Winner

FLRG

12.87%

EOT

2.88%

5Y EPS CAGR

FLRG

30.11%

EOT

N/A

Debt to Equity

FLRG

20.08%

EOT

N/A

P/S Ratio

FLRG

3.60

EOT

N/A

P/B Ratio

FLRG

4.60

EOT

N/A

FLRG vs EOT - Historical Returns

Returns include dividend reinvestment.

Period	FLRG	EOT
1 month	+1.28%	-0.36%
3 months	+6.62%	-2.33%
6 months	+6.69%	+4.39%
1 year	+17.29%	+9.66%
5 years(CAGR)	+12.62%	-1.35%
10 years(CAGR)	N/A	+1.64%
Max(CAGR)	+15.23%	+4.10%

Winner

FLRG

+1.28%

EOT

-0.36%

Winner

FLRG

+6.62%

EOT

-2.33%

Winner

FLRG

+6.69%

EOT

+4.39%

Winner

FLRG

+17.29%

EOT

+9.66%

5Y(CAGR)

Winner

FLRG

+12.62%

EOT

-1.35%

10Y(CAGR)

FLRG

N/A

EOT

+1.64%

Max(CAGR)

Winner

FLRG

+15.23%

EOT

+4.10%

FLRG vs EOT - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

Year	FLRG	EOT
2026	+7.16%	+1.69%
2025	+13.36%	+6.79%
2024	+23.73%	+1.12%
2023	+18.87%	+7.34%
2022	-10.90%	-22.68%
2021	+31.29%	+12.12%
2020	+9.53%	-2.72%
2019	N/A	+19.35%
2018	N/A	-12.34%
2017	N/A	+14.03%
2016	N/A	+2.25%
2015	N/A	+7.26%
2014	N/A	+19.53%
2013	N/A	-14.49%
2012	N/A	+11.58%
2011	N/A	+16.47%
2010	N/A	+5.94%
2009	N/A	-0.62%

FLRG vs EOT Drawdown Comparison

The maximum drawdown for FLRG was -19.64%, occurring on Jun 16, 2022. Recovery took 417 trading sessions.

The maximum drawdown for EOT was -33.25%, occurring on Oct 19, 2023. This drawdown has not yet recovered.

The current FLRG drawdown is -2.18%. The current EOT drawdown is -13.54%.

Rank	FLRG	EOT
#1	-19.64% Jan 4, 2022 - Sep 1, 2023	-33.25% Dec 13, 2021 - Oct 19, 2023
#2	-16.53% Jan 23, 2025 - Jun 27, 2025	-30.08% Jul 11, 2019 - May 27, 2021
#3	-7.70% Sep 1, 2023 - Nov 20, 2023	-26.49% Nov 23, 2012 - Nov 23, 2015
#4	-7.46% Oct 12, 2020 - Nov 11, 2020	-18.61% Nov 4, 2010 - Dec 2, 2011
#5	-7.15% Jan 28, 2026 - Apr 15, 2026	-17.50% Aug 13, 2018 - Apr 9, 2019
#6	-6.46% Jul 16, 2024 - Aug 19, 2024	-12.99% Dec 27, 2017 - Aug 13, 2018
#7	-5.83% Mar 28, 2024 - May 15, 2024	-11.00% Jun 19, 2009 - Oct 1, 2009
#8	-5.39% Sep 3, 2021 - Nov 2, 2021	-10.20% Sep 28, 2016 - Jun 16, 2017
#9	-5.35% Dec 4, 2024 - Jan 22, 2025	-7.81% Feb 27, 2012 - Apr 20, 2012
#10	-4.90% Aug 30, 2024 - Sep 19, 2024	-7.47% Jul 28, 2021 - Dec 13, 2021
#11	-4.85% Oct 27, 2025 - Dec 23, 2025	-7.40% Jul 26, 2012 - Sep 24, 2012
#12	-4.41% Feb 12, 2021 - Mar 12, 2021	-6.43% Oct 16, 2017 - Nov 28, 2017
#13	-4.40% Nov 16, 2021 - Dec 8, 2021	-5.63% May 28, 2021 - Jul 8, 2021
#14	-3.64% May 7, 2021 - Jun 10, 2021	-5.19% Oct 8, 2009 - Jan 8, 2010
#15	-3.26% Jan 25, 2021 - Feb 5, 2021	-4.95% Oct 15, 2012 - Nov 16, 2012

Correlation

Correlation between FLRG and EOT is 0.09 which considered as a very weak or no correlation - the stocks move independently of each other.

0.09

-101

Dividend Comparison (2009 - 2026)

FLRG vs EOT dividend yield comparison.

Year	FLRG	EOT
2026	0.37%	2.02%
2025	1.42%	4.85%
2024	1.42%	4.77%
2023	1.39%	4.43%
2022	1.62%	4.56%
2021	1.36%	3.44%
2020	1.47%	3.80%
2019	0.00%	4.73%
2018	0.00%	6.13%
2017	0.00%	5.12%
2016	0.00%	5.96%
2015	0.00%	4.83%
2014	0.00%	4.90%
2013	0.00%	5.63%
2012	0.00%	4.91%
2011	0.00%	5.71%
2010	0.00%	7.15%
2009	0.00%	3.64%