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FMB vs DFEV

Comparison between FIRST TRUST MANAGED MUNICIPAL ETF (FMB, ETF) and DIMENSIONAL EMERGING MARKETS VALUE ETF (DFEV, ETF).

FMB vs DFEV - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
FMB
$2B
DFEV
$2B
Expense Ratio
Winner
FMB
0.39%
DFEV
0.43%
Max Drawdown
Winner
FMB
16.84%
DFEV
20.42%
Sharpe Ratio
FMB
1.11
Winner
DFEV
1.98
5Y Beta
Winner
FMB
0.02
DFEV
0.72
5Y Dividends CAGR
FMB
8.25%
DFEV
N/A

FMB vs DFEV - Historical Returns

Returns include dividend reinvestment.

1M
FMB
+1.56%
Winner
DFEV
+2.61%
3M
FMB
+2.62%
Winner
DFEV
+19.84%
6M
FMB
+2.14%
Winner
DFEV
+26.88%
1Y
FMB
+6.93%
Winner
DFEV
+45.95%
5Y(CAGR)
FMB
+0.82%
Winner
DFEV
+17.18%
10Y(CAGR)
FMB
+2.22%
DFEV
N/A
Max(CAGR)
FMB
+2.99%
Winner
DFEV
+17.18%

FMB vs DFEV - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

YearFMBDFEV
2026+2.07%+23.82%
2025+3.55%+33.08%
2024+2.11%+8.41%
2023+6.09%+15.21%
2022-9.81%-6.68%
2021+2.41%N/A
2020+4.36%N/A
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 DFEV Drawdown Comparison

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

The maximum drawdown for DFEV was -18.47%, occurring on Oct 31, 2022. Recovery took 279 trading sessions.

The current FMB drawdown is -0.11%. The current DFEV drawdown is -4.76%.

RankFMBDFEV
#1-14.16%
Jul 19, 2021 - Oct 16, 2025
-18.47%
May 4, 2022 - Jun 14, 2023
#2-13.92%
Mar 6, 2020 - Dec 3, 2020
-17.94%
Oct 7, 2024 - Jun 4, 2025
#3-6.01%
Sep 7, 2016 - Jun 6, 2017
-11.35%
Feb 25, 2026 - Apr 17, 2026
#4-2.73%
Feb 27, 2026 - Mar 26, 2026
-10.73%
Jul 31, 2023 - Dec 28, 2023
#5-2.10%
Feb 10, 2021 - May 25, 2021
-9.35%
Jul 12, 2024 - Sep 24, 2024
#6-2.01%
Aug 15, 2018 - Dec 7, 2018
-7.91%
Jun 2, 2026 - Jun 18, 2026
#7-2.00%
Apr 14, 2015 - Oct 7, 2015
-5.71%
Dec 29, 2023 - Feb 16, 2024
#8-1.96%
Dec 6, 2017 - Jul 13, 2018
-5.09%
May 11, 2026 - May 26, 2026
#9-1.59%
Jan 28, 2015 - Mar 19, 2015
-4.78%
Jun 22, 2026 - Jun 23, 2026
#10-1.51%
Oct 30, 2014 - Dec 12, 2014
-4.66%
Apr 9, 2024 - Apr 29, 2024
#11-1.48%
Sep 3, 2019 - Oct 8, 2019
-4.26%
May 17, 2024 - Jul 3, 2024
#12-1.34%
Oct 8, 2019 - Jan 3, 2020
-4.11%
Nov 12, 2025 - Dec 26, 2025
#13-1.20%
May 16, 2014 - Jun 26, 2014
-3.57%
Oct 6, 2025 - Oct 16, 2025
#14-1.16%
Jun 26, 2014 - Jul 28, 2014
-3.42%
Jun 15, 2023 - Jul 12, 2023
#15-1.05%
Feb 19, 2016 - Apr 4, 2016
-3.42%
Jul 23, 2025 - Aug 13, 2025

Correlation

Correlation between FMB and DFEV is 0.90 which considered as a very strong positive correlation - the stocks move almost identically together.

0.90
-101

Dividend Comparison (2014 - 2026)

FMB vs DFEV dividend yield comparison.

YearFMBDFEV
20261.51%0.65%
20253.37%2.69%
20243.22%3.17%
20232.98%3.47%
20222.47%3.35%
20211.96%0.00%
20202.19%0.00%
20192.47%0.00%
20182.58%0.00%
20172.49%0.00%
20162.93%0.00%
20153.07%0.00%
20141.70%0.00%

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