FMN vs DRNZ
Comparison between Federated Hermes Premier Municipal Income Fund (FMN, ETF) and REX DRONE ETF (DRNZ, ETF).
FMN vs DRNZ - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
FMN
$98M
DRNZ
$98M
Expense Ratio
FMN
N/A
DRNZ
0.65%
Max Drawdown
FMN
53.35%
Winner
DRNZ
31.46%
Sharpe Ratio
Winner
FMN
0.94
DRNZ
-0.20
5Y Beta
Winner
FMN
0.13
DRNZ
1.96
P/E Ratio
FMN
N/A
DRNZ
-0.46
5Y Dividends CAGR
FMN
-1.90%
DRNZ
N/A
Debt to Equity
FMN
N/A
DRNZ
30.63%
P/S Ratio
FMN
N/A
DRNZ
4.65
P/B Ratio
FMN
N/A
DRNZ
2.64
FMN vs DRNZ - Historical Returns
Returns include dividend reinvestment.
1M
Winner
FMN
-1.37%
DRNZ
-3.79%
3M
Winner
FMN
+0.31%
DRNZ
-18.79%
6M
Winner
FMN
+3.00%
DRNZ
-24.66%
1Y
FMN
+11.29%
DRNZ
N/A
5Y(CAGR)
FMN
-2.15%
DRNZ
N/A
10Y(CAGR)
FMN
+0.84%
DRNZ
N/A
Max(CAGR)
Winner
FMN
+4.52%
DRNZ
-17.06%
FMN vs DRNZ - Annual Returns (2002 - 2026)
Returns include dividend reinvestment.
| Year | FMN | DRNZ |
|---|---|---|
| 2026 | +2.86% | -8.53% |
| 2025 | +5.99% | -10.89% |
| 2024 | +2.75% | N/A |
| 2023 | +8.90% | N/A |
| 2022 | -26.45% | N/A |
| 2021 | +5.35% | N/A |
| 2020 | +9.98% | N/A |
| 2019 | +16.36% | N/A |
| 2018 | -8.66% | N/A |
| 2017 | +5.78% | N/A |
| 2016 | -0.95% | N/A |
| 2015 | +8.93% | N/A |
| 2014 | +16.63% | N/A |
| 2013 | -14.07% | N/A |
| 2012 | +12.58% | N/A |
| 2011 | +21.89% | N/A |
| 2010 | -3.72% | N/A |
| 2009 | +71.67% | N/A |
| 2008 | -27.59% | N/A |
| 2007 | -8.55% | N/A |
| 2006 | +10.98% | N/A |
| 2005 | +9.47% | N/A |
| 2004 | +6.40% | N/A |
| 2003 | +0.62% | N/A |
| 2002 | +0.00% | N/A |
FMN vs DRNZ Drawdown Comparison
The maximum drawdown for FMN was -49.02%, occurring on Oct 10, 2008. Recovery took 558 trading sessions.
The maximum drawdown for DRNZ was -31.46%, occurring on Jul 17, 2026. This drawdown has not yet recovered.
The current FMN drawdown is -18.15%. The current DRNZ drawdown is -27.39%.
| Rank | FMN | DRNZ |
|---|---|---|
| #1 | -49.02% May 14, 2007 - Jul 30, 2009 | -31.46% May 29, 2026 - Jul 17, 2026 |
| #2 | -40.60% Sep 21, 2021 - Oct 30, 2023 | -24.52% Oct 29, 2025 - Jan 5, 2026 |
| #3 | -31.87% Mar 6, 2020 - Aug 12, 2020 | -22.26% Jan 16, 2026 - May 28, 2026 |
| #4 | -24.86% Oct 1, 2012 - May 28, 2015 | N/A |
| #5 | -21.45% Sep 13, 2010 - Oct 21, 2011 | N/A |
| #6 | -17.99% Aug 1, 2016 - Sep 30, 2019 | N/A |
| #7 | -16.66% Oct 6, 2009 - Aug 5, 2010 | N/A |
| #8 | -13.73% Sep 8, 2005 - Aug 21, 2006 | N/A |
| #9 | -13.42% Mar 26, 2004 - Sep 7, 2004 | N/A |
| #10 | -8.91% Mar 9, 2012 - Mar 30, 2012 | N/A |
| #11 | -8.89% Dec 27, 2002 - Apr 25, 2003 | N/A |
| #12 | -8.35% Jun 24, 2003 - Jan 9, 2004 | N/A |
| #13 | -6.91% Aug 13, 2020 - Dec 30, 2020 | N/A |
| #14 | -6.63% May 28, 2015 - Oct 16, 2015 | N/A |
| #15 | -5.72% Feb 10, 2012 - Mar 9, 2012 | N/A |
Correlation
Correlation between FMN and DRNZ is 0.27 which considered as a very weak or no correlation - the stocks move independently of each other.
0.27
-101
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