FMB vs BKAG

Comparison between FIRST TRUST MANAGED MUNICIPAL ETF (FMB, ETF) and BNY MELLON CORE BOND ETF (BKAG, ETF).

5-Year PerformanceFMB has outperformed BKAG, delivering a return of +0.6% compared to +0.0%

FMB vs BKAG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FMB(ETF)	BKAG(ETF)
Net Assets	$2B	$2.10B
Expense Ratio	0.39%	N/A
Max Drawdown	16.84%	23.43%
Sharpe Ratio	1.13	0.29
5Y Beta	0.02	0.04
5Y Dividends CAGR	8.25%	16.07%

Net Assets

FMB

$2B

Winner

BKAG

$2.10B

Expense Ratio

FMB

0.39%

BKAG

N/A

Max Drawdown

Winner

FMB

16.84%

BKAG

23.43%

Sharpe Ratio

Winner

FMB

1.13

BKAG

0.29

5Y Beta

Winner

FMB

0.02

BKAG

0.04

5Y Dividends CAGR

FMB

8.25%

Winner

BKAG

16.07%

FMB vs BKAG - Historical Returns

Returns include dividend reinvestment.

Period	FMB	BKAG
1 month	+0.65%	+0.41%
3 months	+1.02%	+0.39%
6 months	+2.21%	+0.88%
1 year	+6.60%	+4.45%
5 years(CAGR)	+0.63%	+0.01%
10 years(CAGR)	+2.27%	N/A
Max(CAGR)	+2.96%	+0.09%

Winner

FMB

+0.65%

BKAG

+0.41%

Winner

FMB

+1.02%

BKAG

+0.39%

Winner

FMB

+2.21%

BKAG

+0.88%

Winner

FMB

+6.60%

BKAG

+4.45%

5Y(CAGR)

Winner

FMB

+0.63%

BKAG

+0.01%

10Y(CAGR)

FMB

+2.27%

BKAG

N/A

Max(CAGR)

Winner

FMB

+2.96%

BKAG

+0.09%

FMB vs BKAG - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	FMB	BKAG
2026	+1.67%	+0.42%
2025	+3.55%	+7.12%
2024	+2.11%	+1.52%
2023	+6.09%	+4.86%
2022	-9.81%	-12.72%
2021	+2.41%	-1.44%
2020	+4.36%	+2.15%
2019	+8.01%	N/A
2018	+1.23%	N/A
2017	+7.24%	N/A
2016	+1.40%	N/A
2015	+4.50%	N/A
2014	+4.26%	N/A

FMB vs BKAG Drawdown Comparison

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

The maximum drawdown for BKAG was -18.53%, occurring on Oct 20, 2022. This drawdown has not yet recovered.

The current FMB drawdown is -0.49%. The current BKAG drawdown is -2.10%.

Rank	FMB	BKAG
#1	-14.16% Jul 19, 2021 - Oct 16, 2025	-18.53% Aug 4, 2020 - Oct 20, 2022
#2	-13.92% Mar 6, 2020 - Dec 3, 2020	-0.67% Apr 30, 2020 - May 20, 2020
#3	-6.01% Sep 7, 2016 - Jun 6, 2017	-0.41% Jun 2, 2020 - Jun 10, 2020
#4	-2.73% Feb 27, 2026 - Mar 26, 2026	-0.20% Jun 19, 2020 - Jun 26, 2020
#5	-2.10% Feb 10, 2021 - May 25, 2021	-0.17% Jul 23, 2020 - Jul 30, 2020
#6	-2.01% Aug 15, 2018 - Dec 7, 2018	-0.14% Apr 24, 2020 - Apr 28, 2020
#7	-2.00% Apr 14, 2015 - Oct 7, 2015	-0.06% Jun 12, 2020 - Jun 18, 2020
#8	-1.96% Dec 6, 2017 - Jul 13, 2018	-0.06% Jul 9, 2020 - Jul 15, 2020
#9	-1.59% Jan 28, 2015 - Mar 19, 2015	-0.05% May 22, 2020 - May 29, 2020
#10	-1.51% Oct 30, 2014 - Dec 12, 2014	N/A
#11	-1.48% Sep 3, 2019 - Oct 8, 2019	N/A
#12	-1.34% Oct 8, 2019 - Jan 3, 2020	N/A
#13	-1.20% May 16, 2014 - Jun 26, 2014	N/A
#14	-1.16% Jun 26, 2014 - Jul 28, 2014	N/A
#15	-1.05% Feb 19, 2016 - Apr 4, 2016	N/A

Correlation

Correlation between FMB and BKAG is 0.75 which considered as a strong positive correlation - the stocks tend to move together.

0.75

-101

Dividend Comparison (2014 - 2026)

FMB vs BKAG dividend yield comparison.

Year	FMB	BKAG
2026	1.51%	1.74%
2025	3.37%	4.17%
2024	3.22%	4.26%
2023	2.98%	3.33%
2022	2.47%	2.49%
2021	1.96%	1.55%
2020	2.19%	1.16%
2019	2.47%	0.00%
2018	2.58%	0.00%
2017	2.49%	0.00%
2016	2.93%	0.00%
2015	3.07%	0.00%
2014	1.70%	0.00%