FMHI vs QQQJ

Comparison between FIRST TRUST MUNICIPAL HIGH INCOME ETF (FMHI, ETF) and INVESCO NASDAQ NEXT GEN 100 ETF (QQQJ, ETF).

5-Year PerformanceQQQJ has outperformed FMHI, delivering a return of +6.9% compared to +0.9%

FMHI vs QQQJ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FMHI(ETF)	QQQJ(ETF)
Net Assets	$950M	$954M
Expense Ratio	0.49%	0.15%
Max Drawdown	22.72%	40.24%
Sharpe Ratio	1.45	1.75
5Y Beta	0.01	1.08
P/E Ratio	N/A	38.62
Forward P/E	N/A	20.11
5Y Dividends CAGR	4.06%	45.55%
5Y EPS CAGR	N/A	14.16%
Debt to Equity	N/A	33.91%
P/S Ratio	N/A	1.73
P/B Ratio	N/A	4.16

Net Assets

FMHI

$950M

Winner

QQQJ

$954M

Expense Ratio

FMHI

0.49%

Winner

QQQJ

0.15%

Max Drawdown

Winner

FMHI

22.72%

QQQJ

40.24%

Sharpe Ratio

FMHI

1.45

Winner

QQQJ

1.75

5Y Beta

Winner

FMHI

0.01

QQQJ

1.08

P/E Ratio

FMHI

N/A

QQQJ

38.62

Forward P/E

FMHI

N/A

QQQJ

20.11

5Y Dividends CAGR

FMHI

4.06%

Winner

QQQJ

45.55%

5Y EPS CAGR

FMHI

N/A

QQQJ

14.16%

Debt to Equity

FMHI

N/A

QQQJ

33.91%

P/S Ratio

FMHI

N/A

QQQJ

1.73

P/B Ratio

FMHI

N/A

QQQJ

4.16

FMHI vs QQQJ - Historical Returns

Returns include dividend reinvestment.

Period	FMHI	QQQJ
1 month	+0.91%	+6.25%
3 months	+1.19%	+16.90%
6 months	+3.19%	+17.51%
1 year	+8.43%	+41.27%
5 years(CAGR)	+0.89%	+6.89%
10 years(CAGR)	+3.20%	N/A
Max(CAGR)	+3.20%	+9.89%

FMHI

+0.91%

Winner

QQQJ

+6.25%

FMHI

+1.19%

Winner

QQQJ

+16.90%

FMHI

+3.19%

Winner

QQQJ

+17.51%

FMHI

+8.43%

Winner

QQQJ

+41.27%

5Y(CAGR)

FMHI

+0.89%

Winner

QQQJ

+6.89%

10Y(CAGR)

FMHI

+3.20%

QQQJ

N/A

Max(CAGR)

FMHI

+3.20%

Winner

QQQJ

+9.89%

FMHI vs QQQJ - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	FMHI	QQQJ
2026	+2.48%	+16.68%
2025	+3.38%	+20.32%
2024	+5.52%	+16.87%
2023	+7.03%	+14.35%
2022	-14.59%	-27.99%
2021	+7.78%	+11.36%
2020	+3.92%	+15.25%
2019	+10.38%	N/A
2018	+2.32%	N/A
2017	+1.08%	N/A

FMHI vs QQQJ Drawdown Comparison

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

The maximum drawdown for QQQJ was -39.57%, occurring on Oct 14, 2022. Recovery took 953 trading sessions.

The current FMHI drawdown is -0.08%. The current QQQJ drawdown is -4.27%.

Rank	FMHI	QQQJ
#1	-18.83% Dec 30, 2021 - Jan 7, 2026	-39.57% Nov 16, 2021 - Sep 5, 2025
#2	-16.66% Mar 6, 2020 - Dec 17, 2020	-12.87% Feb 12, 2021 - Aug 30, 2021
#3	-2.35% Feb 26, 2026 - May 28, 2026	-11.84% Jan 22, 2026 - Apr 13, 2026
#4	-1.96% Jul 19, 2021 - Dec 30, 2021	-7.77% Sep 3, 2021 - Nov 1, 2021
#5	-1.92% Feb 12, 2021 - Apr 8, 2021	-7.35% Nov 12, 2025 - Dec 5, 2025
#6	-1.83% Aug 31, 2018 - Dec 26, 2018	-6.98% Oct 13, 2020 - Nov 5, 2020
#7	-1.76% Feb 22, 2018 - May 7, 2018	-5.15% Jan 22, 2021 - Feb 4, 2021
#8	-1.73% Jan 3, 2018 - Feb 22, 2018	-4.27% Jun 2, 2026 - Jun 5, 2026
#9	-1.40% Aug 30, 2019 - Oct 8, 2019	-4.16% Oct 6, 2025 - Oct 27, 2025
#10	-1.02% Dec 7, 2017 - Jan 3, 2018	-4.13% Apr 20, 2026 - May 6, 2026
#11	-0.80% Oct 8, 2019 - Nov 26, 2019	-3.31% Dec 11, 2025 - Dec 22, 2025
#12	-0.62% Apr 11, 2019 - Apr 18, 2019	-2.96% May 6, 2026 - May 21, 2026
#13	-0.59% Jul 31, 2018 - Aug 13, 2018	-2.90% Dec 22, 2020 - Jan 7, 2021
#14	-0.52% May 7, 2018 - May 25, 2018	-2.56% Dec 22, 2025 - Jan 5, 2026
#15	-0.49% Aug 23, 2018 - Aug 31, 2018	-2.39% Sep 22, 2025 - Oct 2, 2025