FMB vs EWW

Comparison between FIRST TRUST MANAGED MUNICIPAL ETF (FMB, ETF) and ISHARES MSCI MEXICO ETF (EWW, ETF).

5-Year PerformanceEWW has outperformed FMB, delivering a return of +13.2% compared to +0.8%

FMB vs EWW - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FMB(ETF)	EWW(ETF)
Net Assets	$2B	$2B
Expense Ratio	0.39%	0.50%
Max Drawdown	16.84%	67.25%
Sharpe Ratio	1.11	1.25
5Y Beta	0.02	0.71
5Y Dividends CAGR	8.25%	28.77%

Net Assets

FMB

$2B

EWW

$2B

Expense Ratio

Winner

FMB

0.39%

EWW

0.50%

Max Drawdown

Winner

FMB

16.84%

EWW

67.25%

Sharpe Ratio

FMB

1.11

Winner

EWW

1.25

5Y Beta

Winner

FMB

0.02

EWW

0.71

5Y Dividends CAGR

FMB

8.25%

Winner

EWW

28.77%

FMB vs EWW - Historical Returns

Returns include dividend reinvestment.

Period	FMB	EWW
1 month	+1.34%	-2.49%
3 months	+1.76%	+6.64%
6 months	+2.03%	+6.73%
1 year	+6.76%	+33.41%
5 years(CAGR)	+0.77%	+13.16%
10 years(CAGR)	+2.31%	+6.74%
Max(CAGR)	+2.97%	+8.72%

Winner

FMB

+1.34%

EWW

-2.49%

FMB

+1.76%

Winner

EWW

+6.64%

FMB

+2.03%

Winner

EWW

+6.73%

FMB

+6.76%

Winner

EWW

+33.41%

5Y(CAGR)

FMB

+0.77%

Winner

EWW

+13.16%

10Y(CAGR)

FMB

+2.31%

Winner

EWW

+6.74%

Max(CAGR)

FMB

+2.97%

Winner

EWW

+8.72%

FMB vs EWW - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	FMB	EWW
2026	+1.85%	+8.85%
2025	+3.55%	+50.79%
2024	+2.11%	-27.50%
2023	+6.09%	+37.88%
2022	-9.81%	+1.62%
2021	+2.41%	+19.36%
2020	+4.36%	-5.63%
2019	+8.01%	+9.60%
2018	+1.23%	-16.43%
2017	+7.24%	+15.39%
2016	+1.40%	-8.93%
2015	+4.50%	-12.01%
2014	+4.26%	-9.08%
2013	N/A	-3.45%
2012	N/A	+29.12%
2011	N/A	-12.73%
2010	N/A	+22.58%
2009	N/A	+47.44%
2008	N/A	-39.59%
2007	N/A	+10.36%
2006	N/A	+38.32%
2005	N/A	+44.74%
2004	N/A	+49.57%
2003	N/A	+30.13%
2002	N/A	-15.30%
2001	N/A	+18.13%
2000	N/A	-24.70%
1999	N/A	+29.00%

FMB vs EWW Drawdown Comparison

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

The maximum drawdown for EWW was -64.95%, occurring on Mar 9, 2009. Recovery took 867 trading sessions.

The current FMB drawdown is -0.32%. The current EWW drawdown is -6.66%.

Rank	FMB	EWW
#1	-14.16% Jul 19, 2021 - Oct 16, 2025	-64.95% Jul 6, 2007 - Dec 13, 2010
#2	-13.92% Mar 6, 2020 - Dec 3, 2020	-62.21% Apr 11, 2013 - May 9, 2023
#3	-6.01% Sep 7, 2016 - Jun 6, 2017	-40.81% Mar 9, 2000 - Jan 20, 2004
#4	-2.73% Feb 27, 2026 - Mar 26, 2026	-31.16% Apr 8, 2024 - Sep 15, 2025
#5	-2.10% Feb 10, 2021 - May 25, 2021	-28.07% May 9, 2006 - Oct 5, 2006
#6	-2.01% Aug 15, 2018 - Dec 7, 2018	-26.01% Apr 29, 2011 - Apr 2, 2012
#7	-2.00% Apr 14, 2015 - Oct 7, 2015	-18.59% Jul 28, 2023 - Dec 13, 2023
#8	-1.96% Dec 6, 2017 - Jul 13, 2018	-18.14% Apr 12, 2004 - Oct 27, 2004
#9	-1.59% Jan 28, 2015 - Mar 19, 2015	-16.05% Mar 7, 2005 - Jun 17, 2005
#10	-1.51% Oct 30, 2014 - Dec 12, 2014	-15.67% Apr 2, 2012 - Jul 17, 2012
#11	-1.48% Sep 3, 2019 - Oct 8, 2019	-13.98% Feb 20, 2026 - Mar 20, 2026
#12	-1.34% Oct 8, 2019 - Jan 3, 2020	-13.43% Feb 14, 2007 - Apr 2, 2007
#13	-1.20% May 16, 2014 - Jun 26, 2014	-12.78% Jan 14, 2000 - Feb 8, 2000
#14	-1.16% Jun 26, 2014 - Jul 28, 2014	-9.93% Oct 3, 2005 - Nov 10, 2005
#15	-1.05% Feb 19, 2016 - Apr 4, 2016	-8.88% Jan 3, 2000 - Jan 10, 2000

Correlation

Correlation between FMB and EWW is 0.36 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.36

-101

Dividend Comparison (2000 - 2026)

FMB vs EWW dividend yield comparison.

Year	FMB	EWW
2026	1.51%	1.52%
2025	3.37%	3.48%
2024	3.22%	4.39%
2023	2.98%	2.19%
2022	2.47%	3.64%
2021	1.96%	2.06%
2020	2.19%	1.43%
2019	2.47%	2.92%
2018	2.58%	2.30%
2017	2.49%	2.22%
2016	2.93%	1.77%
2015	3.07%	2.34%
2014	1.70%	1.23%
2013	0.00%	1.96%
2012	0.00%	1.05%
2011	0.00%	1.45%
2010	0.00%	0.87%
2009	0.00%	1.44%
2008	0.00%	3.02%
2007	0.00%	1.87%
2006	0.00%	0.89%
2005	0.00%	1.33%
2004	0.00%	1.10%
2003	0.00%	1.21%
2002	0.00%	4.20%
2001	0.00%	1.19%
2000	0.00%	3.73%