FMB vs SPUS

Comparison between FIRST TRUST MANAGED MUNICIPAL ETF (FMB, ETF) and SP FUNDS S&P 500 SHARIA INDUSTRY EXCLUSIONS ETF (SPUS, ETF).

5-Year PerformanceSPUS has outperformed FMB, delivering a return of +16.3% compared to +0.8%

FMB vs SPUS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FMB(ETF)	SPUS(ETF)
Net Assets	$2B	$2B
Expense Ratio	0.39%	0.45%
Max Drawdown	16.84%	30.80%
Sharpe Ratio	0.92	2.32
5Y Beta	0.02	1.12
P/E Ratio	N/A	33.83
Forward P/E	N/A	23.97
PEG Ratio	N/A	0.43
5Y Dividends CAGR	7.87%	2.91%
5Y EPS CAGR	N/A	32.51%
Debt to Equity	N/A	20.81%
P/S Ratio	N/A	5.13
P/B Ratio	N/A	8.86

Net Assets

FMB

$2B

SPUS

$2B

Expense Ratio

Winner

FMB

0.39%

SPUS

0.45%

Max Drawdown

Winner

FMB

16.84%

SPUS

30.80%

Sharpe Ratio

FMB

0.92

Winner

SPUS

2.32

5Y Beta

Winner

FMB

0.02

SPUS

1.12

P/E Ratio

FMB

N/A

SPUS

33.83

Forward P/E

FMB

N/A

SPUS

23.97

PEG Ratio

FMB

N/A

SPUS

0.43

5Y Dividends CAGR

Winner

FMB

7.87%

SPUS

2.91%

5Y EPS CAGR

FMB

N/A

SPUS

32.51%

Debt to Equity

FMB

N/A

SPUS

20.81%

P/S Ratio

FMB

N/A

SPUS

5.13

P/B Ratio

FMB

N/A

SPUS

8.86

FMB vs SPUS - Historical Returns

Returns include dividend reinvestment.

Period	FMB	SPUS
1 month	+0.50%	+12.46%
3 months	-0.04%	+8.65%
6 months	+1.70%	+12.38%
1 year	+6.45%	+43.41%
5 years(CAGR)	+0.76%	+16.29%
10 years(CAGR)	+2.31%	N/A
Max(CAGR)	+2.95%	+18.68%

FMB

+0.50%

Winner

SPUS

+12.46%

FMB

-0.04%

Winner

SPUS

+8.65%

FMB

+1.70%

Winner

SPUS

+12.38%

FMB

+6.45%

Winner

SPUS

+43.41%

5Y(CAGR)

FMB

+0.76%

Winner

SPUS

+16.29%

10Y(CAGR)

FMB

+2.31%

SPUS

N/A

Max(CAGR)

FMB

+2.95%

Winner

SPUS

+18.68%

FMB vs SPUS - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	FMB	SPUS
2026	+1.20%	+10.04%
2025	+3.55%	+19.94%
2024	+2.11%	+27.91%
2023	+6.09%	+35.56%
2022	-9.81%	-23.12%
2021	+2.41%	+37.94%
2020	+4.36%	+23.99%
2019	+8.01%	+0.81%
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 SPUS Drawdown Comparison

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

The maximum drawdown for SPUS was -30.80%, occurring on Mar 23, 2020. Recovery took 95 trading sessions.

The current FMB drawdown is -0.96%.

Rank	FMB	SPUS
#1	-14.16% Jul 19, 2021 - Oct 16, 2025	-30.80% Feb 19, 2020 - Jul 6, 2020
#2	-13.92% Mar 6, 2020 - Dec 3, 2020	-28.06% Dec 27, 2021 - Dec 12, 2023
#3	-6.01% Sep 7, 2016 - Jun 6, 2017	-22.82% Jan 23, 2025 - Jul 2, 2025
#4	-2.73% Feb 27, 2026 - Mar 26, 2026	-11.46% Jul 10, 2024 - Oct 14, 2024
#5	-2.10% Feb 10, 2021 - May 25, 2021	-10.66% Jan 28, 2026 - Apr 15, 2026
#6	-2.01% Aug 15, 2018 - Dec 7, 2018	-9.94% Sep 2, 2020 - Dec 8, 2020
#7	-2.00% Apr 14, 2015 - Oct 7, 2015	-8.19% Feb 12, 2021 - Apr 5, 2021
#8	-1.96% Dec 6, 2017 - Jul 13, 2018	-6.71% Sep 3, 2021 - Oct 26, 2021
#9	-1.59% Jan 28, 2015 - Mar 19, 2015	-6.56% Mar 22, 2024 - May 15, 2024
#10	-1.51% Oct 30, 2014 - Dec 12, 2014	-5.74% Oct 29, 2025 - Jan 27, 2026
#11	-1.48% Sep 3, 2019 - Oct 8, 2019	-4.76% Apr 23, 2021 - Jun 10, 2021
#12	-1.34% Oct 8, 2019 - Jan 3, 2020	-4.50% Dec 16, 2024 - Jan 23, 2025
#13	-1.20% May 16, 2014 - Jun 26, 2014	-3.69% Jan 26, 2021 - Feb 4, 2021
#14	-1.16% Jun 26, 2014 - Jul 28, 2014	-3.59% Nov 19, 2021 - Dec 8, 2021
#15	-1.05% Feb 19, 2016 - Apr 4, 2016	-3.50% Dec 15, 2021 - Dec 27, 2021

Correlation

Correlation between FMB and SPUS is 0.62 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.62

-101

Dividend Comparison (2014 - 2026)

FMB vs SPUS dividend yield comparison.

Year	FMB	SPUS
2026	1.21%	0.18%
2025	3.37%	0.60%
2024	3.22%	0.70%
2023	2.98%	0.87%
2022	2.47%	1.21%
2021	1.96%	1.15%
2020	2.19%	1.04%
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%