FMB vs ARTY

Comparison between FIRST TRUST MANAGED MUNICIPAL ETF (FMB, ETF) and ISHARES FUTURE AI & TECH ETF (ARTY, ETF).

5-Year PerformanceARTY has outperformed FMB, delivering a return of +11.2% compared to +0.8%

FMB vs ARTY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FMB(ETF)	ARTY(ETF)
Net Assets	$2B	$2.10B
Expense Ratio	0.39%	0.47%
Max Drawdown	16.84%	55.76%
Sharpe Ratio	0.92	2.49
5Y Beta	0.02	1.55
P/E Ratio	N/A	62.29
Forward P/E	N/A	24.21
PEG Ratio	N/A	0.27
5Y Dividends CAGR	7.87%	8.09%
Debt to Equity	N/A	83.43%
P/S Ratio	N/A	7.22
P/B Ratio	N/A	10.52

Net Assets

FMB

$2B

Winner

ARTY

$2.10B

Expense Ratio

Winner

FMB

0.39%

ARTY

0.47%

Max Drawdown

Winner

FMB

16.84%

ARTY

55.76%

Sharpe Ratio

FMB

0.92

Winner

ARTY

2.49

5Y Beta

Winner

FMB

0.02

ARTY

1.55

P/E Ratio

FMB

N/A

ARTY

62.29

Forward P/E

FMB

N/A

ARTY

24.21

PEG Ratio

FMB

N/A

ARTY

0.27

5Y Dividends CAGR

FMB

7.87%

Winner

ARTY

8.09%

Debt to Equity

FMB

N/A

ARTY

83.43%

P/S Ratio

FMB

N/A

ARTY

7.22

P/B Ratio

FMB

N/A

ARTY

10.52

FMB vs ARTY - Historical Returns

Returns include dividend reinvestment.

Period	FMB	ARTY
1 month	+0.50%	+34.37%
3 months	-0.04%	+32.19%
6 months	+1.70%	+41.93%
1 year	+6.45%	+98.78%
5 years(CAGR)	+0.76%	+11.22%
10 years(CAGR)	+2.31%	N/A
Max(CAGR)	+2.95%	+15.38%

FMB

+0.50%

Winner

ARTY

+34.37%

FMB

-0.04%

Winner

ARTY

+32.19%

FMB

+1.70%

Winner

ARTY

+41.93%

FMB

+6.45%

Winner

ARTY

+98.78%

5Y(CAGR)

FMB

+0.76%

Winner

ARTY

+11.22%

10Y(CAGR)

FMB

+2.31%

ARTY

N/A

Max(CAGR)

FMB

+2.95%

Winner

ARTY

+15.38%

FMB vs ARTY - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	FMB	ARTY
2026	+1.20%	+37.81%
2025	+3.55%	+29.45%
2024	+2.11%	+10.75%
2023	+6.09%	+35.02%
2022	-9.81%	-38.41%
2021	+2.41%	+6.59%
2020	+4.36%	+45.71%
2019	+8.01%	+33.74%
2018	+1.23%	-14.31%
2017	+7.24%	N/A
2016	+1.40%	N/A
2015	+4.50%	N/A
2014	+4.26%	N/A

FMB vs ARTY Drawdown Comparison

The maximum drawdown for FMB was -14.16%, occurring on Oct 26, 2022. Recovery took 1067 trading sessions.

The maximum drawdown for ARTY was -54.49%, occurring on Oct 14, 2022. Recovery took 1167 trading sessions.

The current FMB drawdown is -0.96%.

Rank	FMB	ARTY
#1	-14.16% Jul 19, 2021 - Oct 16, 2025	-54.49% Feb 16, 2021 - Oct 8, 2025
#2	-13.92% Mar 6, 2020 - Dec 3, 2020	-32.23% Feb 12, 2020 - Jun 5, 2020
#3	-6.01% Sep 7, 2016 - Jun 6, 2017	-24.26% Sep 26, 2018 - Apr 3, 2019
#4	-2.73% Feb 27, 2026 - Mar 26, 2026	-18.81% Jan 28, 2026 - Apr 14, 2026
#5	-2.10% Feb 10, 2021 - May 25, 2021	-14.10% Oct 29, 2025 - Jan 16, 2026
#6	-2.01% Aug 15, 2018 - Dec 7, 2018	-13.00% Apr 23, 2019 - Nov 5, 2019
#7	-2.00% Apr 14, 2015 - Oct 7, 2015	-8.95% Sep 2, 2020 - Nov 4, 2020
#8	-1.96% Dec 6, 2017 - Jul 13, 2018	-6.09% Jan 17, 2020 - Feb 12, 2020
#9	-1.59% Jan 28, 2015 - Mar 19, 2015	-5.05% Jun 8, 2020 - Jun 17, 2020
#10	-1.51% Oct 30, 2014 - Dec 12, 2014	-4.78% Oct 9, 2025 - Oct 27, 2025
#11	-1.48% Sep 3, 2019 - Oct 8, 2019	-4.58% Jul 25, 2018 - Aug 24, 2018
#12	-1.34% Oct 8, 2019 - Jan 3, 2020	-3.62% Apr 24, 2026 - May 1, 2026
#13	-1.20% May 16, 2014 - Jun 26, 2014	-3.51% Jan 26, 2021 - Feb 2, 2021
#14	-1.16% Jun 26, 2014 - Jul 28, 2014	-3.04% Aug 29, 2018 - Sep 26, 2018
#15	-1.05% Feb 19, 2016 - Apr 4, 2016	-3.01% Nov 6, 2020 - Nov 16, 2020

Correlation

Correlation between FMB and ARTY is 0.86 which considered as a strong positive correlation - the stocks tend to move together.

0.86

-101

Dividend Comparison (2014 - 2026)

FMB vs ARTY dividend yield comparison.

Year	FMB	ARTY
2026	1.21%	0.00%
2025	3.37%	0.00%
2024	3.22%	0.50%
2023	2.98%	0.88%
2022	2.47%	0.75%
2021	1.96%	2.41%
2020	2.19%	0.53%
2019	2.47%	0.69%
2018	2.58%	0.34%
2017	2.49%	0.00%
2016	2.93%	0.00%
2015	3.07%	0.00%
2014	1.70%	0.00%