FLV vs AFB

Comparison between AMERICAN CENTURY FOCUSED LARGE CAP VALUE ETF (FLV, ETF) and AllianceBernstein National Municipal Income Fund Inc (AFB, ETF).

5-Year PerformanceFLV has outperformed AFB, delivering a return of +8.7% compared to -1.4%

FLV vs AFB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FLV(ETF)	AFB(ETF)
Net Assets	$347M	$345M
Expense Ratio	0.42%	N/A
Max Drawdown	16.01%	56.18%
Sharpe Ratio	1.54	1.39
5Y Beta	0.46	0.11
P/E Ratio	20.04	N/A
Forward P/E	16.07	N/A
PEG Ratio	1.06	N/A
5Y Dividends CAGR	28.37%	-2.44%
5Y EPS CAGR	9.10%	N/A
Debt to Equity	126.88%	N/A
P/S Ratio	2.20	N/A
P/B Ratio	2.83	N/A

Net Assets

Winner

FLV

$347M

AFB

$345M

Expense Ratio

FLV

0.42%

AFB

N/A

Max Drawdown

Winner

FLV

16.01%

AFB

56.18%

Sharpe Ratio

Winner

FLV

1.54

AFB

1.39

5Y Beta

FLV

0.46

Winner

AFB

0.11

P/E Ratio

FLV

20.04

AFB

N/A

Forward P/E

FLV

16.07

AFB

N/A

PEG Ratio

FLV

1.06

AFB

N/A

5Y Dividends CAGR

Winner

FLV

28.37%

AFB

-2.44%

5Y EPS CAGR

FLV

9.10%

AFB

N/A

Debt to Equity

FLV

126.88%

AFB

N/A

P/S Ratio

FLV

2.20

AFB

N/A

P/B Ratio

FLV

2.83

AFB

N/A

FLV vs AFB - Historical Returns

Returns include dividend reinvestment.

Period	FLV	AFB
1 month	+1.13%	+0.63%
3 months	+1.63%	+3.43%
6 months	+7.32%	+5.35%
1 year	+20.65%	+15.10%
5 years(CAGR)	+8.71%	-1.37%
10 years(CAGR)	N/A	+1.54%
Max(CAGR)	+15.39%	+4.43%

Winner

FLV

+1.13%

AFB

+0.63%

FLV

+1.63%

Winner

AFB

+3.43%

Winner

FLV

+7.32%

AFB

+5.35%

Winner

FLV

+20.65%

AFB

+15.10%

5Y(CAGR)

Winner

FLV

+8.71%

AFB

-1.37%

10Y(CAGR)

FLV

N/A

AFB

+1.54%

Max(CAGR)

Winner

FLV

+15.39%

AFB

+4.43%

FLV vs AFB - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

Year	FLV	AFB
2026	+6.48%	+5.15%
2025	+16.20%	+3.74%
2024	+10.57%	+3.62%
2023	+6.04%	+6.52%
2022	+0.78%	-26.36%
2021	+18.59%	+7.80%
2020	+39.27%	+8.62%
2019	N/A	+17.80%
2018	N/A	-5.64%
2017	N/A	+5.98%
2016	N/A	+0.60%
2015	N/A	+6.57%
2014	N/A	+17.08%
2013	N/A	-16.19%
2012	N/A	+12.31%
2011	N/A	+23.79%
2010	N/A	+2.72%
2009	N/A	+46.56%
2008	N/A	-26.19%
2007	N/A	-7.62%
2006	N/A	+5.59%
2005	N/A	+17.67%
2004	N/A	+6.73%
2003	N/A	+9.12%
2002	N/A	-3.10%

FLV vs AFB Drawdown Comparison

The maximum drawdown for FLV was -15.07%, occurring on Sep 30, 2022. Recovery took 184 trading sessions.

The maximum drawdown for AFB was -51.00%, occurring on Oct 10, 2008. Recovery took 746 trading sessions.

The current FLV drawdown is -1.25%. The current AFB drawdown is -10.10%.

Rank	FLV	AFB
#1	-15.07% Apr 20, 2022 - Jan 12, 2023	-51.00% Oct 19, 2006 - Oct 7, 2009
#2	-12.41% Nov 29, 2024 - Jul 2, 2025	-35.14% Dec 16, 2021 - Oct 20, 2023
#3	-9.75% Jun 8, 2020 - Aug 10, 2020	-26.40% Jan 18, 2013 - Jan 7, 2016
#4	-9.64% Jul 24, 2023 - Dec 13, 2023	-23.23% Mar 6, 2020 - Nov 27, 2020
#5	-7.97% Feb 2, 2023 - Jul 19, 2023	-18.03% Oct 7, 2010 - Sep 13, 2011
#6	-7.89% Apr 29, 2020 - May 27, 2020	-14.00% Mar 17, 2004 - Nov 1, 2004
#7	-7.53% Feb 27, 2026 - Mar 20, 2026	-13.99% Jul 8, 2016 - Jun 13, 2019
#8	-6.60% Oct 12, 2020 - Nov 9, 2020	-12.35% Jan 29, 2002 - Apr 28, 2003
#9	-6.25% Sep 2, 2020 - Oct 9, 2020	-9.33% Oct 7, 2009 - Jan 25, 2010
#10	-6.06% Aug 16, 2021 - Dec 27, 2021	-8.25% Mar 2, 2012 - May 17, 2012
#11	-5.94% Jan 12, 2022 - Mar 29, 2022	-8.16% Jun 13, 2003 - Jan 9, 2004
#12	-4.91% Mar 28, 2024 - May 10, 2024	-6.23% Oct 1, 2012 - Jan 7, 2013
#13	-4.53% May 17, 2024 - Jul 17, 2024	-6.06% Sep 7, 2005 - Dec 15, 2005
#14	-4.23% Jun 4, 2021 - Aug 3, 2021	-5.38% Jul 11, 2006 - Aug 1, 2006
#15	-3.89% Jan 14, 2021 - Feb 16, 2021	-5.24% Jan 30, 2012 - Mar 2, 2012

Correlation

Correlation between FLV and AFB is -0.02 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.02

-101

Dividend Comparison (2002 - 2026)

FLV vs AFB dividend yield comparison.

Year	FLV	AFB
2026	0.26%	2.71%
2025	1.90%	4.72%
2024	2.07%	3.83%
2023	2.07%	3.62%
2022	4.98%	5.26%
2021	4.05%	4.32%
2020	0.87%	4.18%
2019	0.00%	3.93%
2018	0.00%	4.53%
2017	0.00%	4.70%
2016	0.00%	5.34%
2015	0.00%	5.80%
2014	0.00%	6.35%
2013	0.00%	7.06%
2012	0.00%	5.98%
2011	0.00%	6.29%
2010	0.00%	7.19%
2009	0.00%	6.64%
2008	0.00%	8.37%
2007	0.00%	5.91%
2006	0.00%	6.29%
2005	0.00%	6.48%
2004	0.00%	7.14%
2003	0.00%	6.81%
2002	0.00%	5.18%