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FMB vs QDF

Comparison between FIRST TRUST MANAGED MUNICIPAL ETF (FMB, ETF) and FLEXSHARES QUALITY DIVIDEND INDEX FUND (QDF, ETF).

5-Year PerformanceQDF has outperformed FMB, delivering a return of +12.4% compared to +0.4%

FMB vs QDF - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
FMB
$2.10B
Winner
QDF
$2.20B
Expense Ratio
FMB
0.39%
QDF
0.39%
Max Drawdown
Winner
FMB
16.84%
QDF
37.16%
Sharpe Ratio
FMB
0.61
Winner
QDF
1.64
5Y Beta
Winner
FMB
0.02
QDF
0.88
P/E Ratio
FMB
N/A
QDF
23.42
Forward P/E
FMB
N/A
QDF
18.33
PEG Ratio
FMB
N/A
QDF
0.27
5Y Dividends CAGR
Winner
FMB
9.03%
QDF
3.70%
5Y EPS CAGR
FMB
N/A
QDF
22.89%
Debt to Equity
FMB
N/A
QDF
-13.32%
P/S Ratio
FMB
N/A
QDF
3.80
P/B Ratio
FMB
N/A
QDF
5.21

FMB vs QDF - Historical Returns

Returns include dividend reinvestment.

1M
FMB
-1.00%
Winner
QDF
+3.90%
3M
FMB
-0.19%
Winner
QDF
+8.35%
6M
FMB
-0.10%
Winner
QDF
+12.32%
1Y
FMB
+5.36%
Winner
QDF
+25.59%
5Y(CAGR)
FMB
+0.43%
Winner
QDF
+12.41%
10Y(CAGR)
FMB
+2.12%
Winner
QDF
+12.21%
Max(CAGR)
FMB
+2.87%
Winner
QDF
+12.90%

FMB vs QDF - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

YearFMBQDF
2026+1.00%+15.43%
2025+3.55%+16.90%
2024+2.11%+17.35%
2023+6.09%+20.23%
2022-9.81%-12.32%
2021+2.41%+28.22%
2020+4.36%+4.57%
2019+8.01%+25.67%
2018+1.23%-8.42%
2017+7.24%+16.35%
2016+1.40%+18.28%
2015+4.50%-0.87%
2014+4.26%+12.97%
2013N/A+33.51%
2012N/A-1.59%

FMB vs QDF Drawdown Comparison

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

The maximum drawdown for QDF was -36.64%, occurring on Mar 23, 2020. Recovery took 203 trading sessions.

The current FMB drawdown is -1.31%. The current QDF drawdown is -0.04%.

RankFMBQDF
#1-14.16%
Jul 19, 2021 - Oct 16, 2025
-36.64%
Feb 12, 2020 - Dec 1, 2020
#2-13.92%
Mar 6, 2020 - Dec 3, 2020
-22.06%
Jan 4, 2022 - Jul 19, 2023
#3-6.01%
Sep 7, 2016 - Jun 6, 2017
-19.87%
Sep 21, 2018 - Oct 21, 2019
#4-2.73%
Feb 27, 2026 - Jun 29, 2026
-18.01%
Dec 2, 2024 - Jun 27, 2025
#5-2.10%
Feb 10, 2021 - May 25, 2021
-13.20%
May 21, 2015 - Apr 13, 2016
#6-2.03%
Jul 6, 2026 - Jul 23, 2026
-10.62%
Jan 26, 2018 - Aug 21, 2018
#7-2.01%
Aug 15, 2018 - Dec 7, 2018
-10.52%
Jul 31, 2023 - Dec 11, 2023
#8-2.00%
Apr 14, 2015 - Oct 7, 2015
-7.89%
Feb 25, 2026 - Apr 17, 2026
#9-1.96%
Dec 6, 2017 - Jul 13, 2018
-6.90%
Sep 18, 2014 - Oct 31, 2014
#10-1.59%
Jan 28, 2015 - Mar 19, 2015
-6.04%
Dec 31, 2013 - Feb 28, 2014
#11-1.51%
Oct 30, 2014 - Dec 12, 2014
-5.75%
Jul 16, 2024 - Aug 19, 2024
#12-1.48%
Sep 3, 2019 - Oct 8, 2019
-5.75%
Mar 28, 2024 - May 15, 2024
#13-1.34%
Oct 8, 2019 - Jan 3, 2020
-5.22%
Aug 2, 2013 - Oct 17, 2013
#14-1.20%
May 16, 2014 - Jun 26, 2014
-5.18%
Jun 23, 2016 - Jul 8, 2016
#15-1.16%
Jun 26, 2014 - Jul 28, 2014
-5.05%
May 21, 2013 - Jul 9, 2013

Correlation

Correlation between FMB and QDF is 0.84 which considered as a strong positive correlation - the stocks tend to move together.

0.84
-101

Dividend Comparison (2012 - 2026)

FMB vs QDF dividend yield comparison.

YearFMBQDF
20262.15%0.59%
20253.37%1.65%
20243.22%1.93%
20232.98%2.19%
20222.47%2.45%
20211.96%1.90%
20202.19%2.38%
20192.47%3.05%
20182.58%4.29%
20172.49%2.70%
20162.93%3.07%
20153.07%3.04%
20141.70%2.70%
20130.00%2.08%
20120.00%0.49%

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