FMHI vs DJP

Comparison between FIRST TRUST MUNICIPAL HIGH INCOME ETF (FMHI, ETF) and iPath Bloomberg Commodity Index Total Return ETN (DJP, ETF).

5-Year PerformanceDJP has outperformed FMHI, delivering a return of +11.2% compared to +0.8%

FMHI vs DJP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FMHI(ETF)	DJP(ETF)
Net Assets	$976M	$975M
Expense Ratio	0.49%	0.70%
Max Drawdown	22.72%	78.35%
Sharpe Ratio	1.45	1.04
5Y Beta	0.01	0.17
5Y Dividends CAGR	4.06%	N/A

Net Assets

Winner

FMHI

$976M

DJP

$975M

Expense Ratio

Winner

FMHI

0.49%

DJP

0.70%

Max Drawdown

Winner

FMHI

22.72%

DJP

78.35%

Sharpe Ratio

Winner

FMHI

1.45

DJP

1.04

5Y Beta

Winner

FMHI

0.01

DJP

0.17

5Y Dividends CAGR

FMHI

4.06%

DJP

N/A

FMHI vs DJP - Historical Returns

Returns include dividend reinvestment.

Period	FMHI	DJP
1 month	+1.67%	-9.66%
3 months	+2.60%	-1.74%
6 months	+3.23%	+18.62%
1 year	+8.04%	+27.88%
5 years(CAGR)	+0.81%	+11.20%
10 years(CAGR)	+3.23%	+6.26%
Max(CAGR)	+3.23%	-0.42%

Winner

FMHI

+1.67%

DJP

-9.66%

Winner

FMHI

+2.60%

DJP

-1.74%

FMHI

+3.23%

Winner

DJP

+18.62%

FMHI

+8.04%

Winner

DJP

+27.88%

5Y(CAGR)

FMHI

+0.81%

Winner

DJP

+11.20%

10Y(CAGR)

FMHI

+3.23%

Winner

DJP

+6.26%

Max(CAGR)

Winner

FMHI

+3.23%

DJP

-0.42%

FMHI vs DJP - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	FMHI	DJP
2026	+2.85%	+18.72%
2025	+3.38%	+16.15%
2024	+5.52%	+6.33%
2023	+7.03%	-7.71%
2022	-14.59%	+16.89%
2021	+7.78%	+29.92%
2020	+3.92%	-4.33%
2019	+10.38%	+7.53%
2018	+2.32%	-13.67%
2017	+1.08%	+2.61%
2016	N/A	+13.81%
2015	N/A	-27.59%
2014	N/A	-18.30%
2013	N/A	-11.27%
2012	N/A	-4.42%
2011	N/A	-14.13%
2010	N/A	+13.97%
2009	N/A	+16.26%
2008	N/A	-39.03%
2007	N/A	+18.96%
2006	N/A	+0.80%

FMHI vs DJP Drawdown Comparison

The maximum drawdown for FMHI was -18.83%, occurring on Oct 27, 2022. Recovery took 1008 trading sessions.

The maximum drawdown for DJP was -78.35%, occurring on Apr 21, 2020. This drawdown has not yet recovered.

The current FMHI drawdown is -0.01%. The current DJP drawdown is -38.85%.

Rank	FMHI	DJP
#1	-18.83% Dec 30, 2021 - Jan 7, 2026	-78.35% Jul 2, 2008 - Apr 21, 2020
#2	-16.66% Mar 6, 2020 - Dec 17, 2020	-10.49% Mar 13, 2008 - May 21, 2008
#3	-2.35% Feb 26, 2026 - May 28, 2026	-10.48% Nov 30, 2006 - Feb 26, 2007
#4	-1.96% Jul 19, 2021 - Dec 30, 2021	-8.29% Jun 15, 2007 - Sep 18, 2007
#5	-1.92% Feb 12, 2021 - Apr 8, 2021	-6.22% Jan 14, 2008 - Feb 8, 2008
#6	-1.83% Aug 31, 2018 - Dec 26, 2018	-4.79% Feb 26, 2007 - Apr 10, 2007
#7	-1.76% Feb 22, 2018 - May 7, 2018	-4.53% Nov 6, 2007 - Dec 26, 2007
#8	-1.73% Jan 3, 2018 - Feb 22, 2018	-4.42% May 21, 2008 - Jun 6, 2008
#9	-1.40% Aug 30, 2019 - Oct 8, 2019	-4.18% Sep 27, 2007 - Oct 18, 2007
#10	-1.02% Dec 7, 2017 - Jan 3, 2018	-3.41% Mar 5, 2008 - Mar 13, 2008
#11	-0.80% Oct 8, 2019 - Nov 26, 2019	-3.38% Nov 9, 2006 - Nov 24, 2006
#12	-0.62% Apr 11, 2019 - Apr 18, 2019	-3.22% Jun 4, 2007 - Jun 15, 2007
#13	-0.59% Jul 31, 2018 - Aug 13, 2018	-2.67% May 21, 2007 - Jun 4, 2007
#14	-0.52% May 7, 2018 - May 25, 2018	-2.17% Jun 6, 2008 - Jun 11, 2008
#15	-0.49% Aug 23, 2018 - Aug 31, 2018	-2.08% Mar 3, 2008 - Mar 5, 2008