FMN vs FGM

Comparison between Federated Hermes Premier Municipal Income Fund (FMN, ETF) and FIRST TRUST GERMANY ALPHADEX FUND (FGM, ETF).

5-Year PerformanceFGM has outperformed FMN, delivering a return of +4.8% compared to -1.8%

FMN vs FGM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FMN(ETF)	FGM(ETF)
Net Assets	$98M	$98M
Expense Ratio	N/A	0.80%
Max Drawdown	53.35%	54.06%
Sharpe Ratio	1.19	0.56
5Y Beta	0.13	0.81
5Y Dividends CAGR	-1.78%	0.58%

Net Assets

Winner

FMN

$98M

FGM

$98M

Expense Ratio

FMN

N/A

FGM

0.80%

Max Drawdown

Winner

FMN

53.35%

FGM

54.06%

Sharpe Ratio

Winner

FMN

1.19

FGM

0.56

5Y Beta

Winner

FMN

0.13

FGM

0.81

5Y Dividends CAGR

FMN

-1.78%

Winner

FGM

0.58%

FMN vs FGM - Historical Returns

Returns include dividend reinvestment.

Period	FMN	FGM
1 month	-0.05%	-2.22%
3 months	+1.12%	-2.30%
6 months	+3.64%	-2.42%
1 year	+12.38%	+13.22%
5 years(CAGR)	-1.83%	+4.78%
10 years(CAGR)	+0.81%	+8.25%
Max(CAGR)	+4.57%	+7.27%

Winner

FMN

-0.05%

FGM

-2.22%

Winner

FMN

+1.12%

FGM

-2.30%

Winner

FMN

+3.64%

FGM

-2.42%

FMN

+12.38%

Winner

FGM

+13.22%

5Y(CAGR)

FMN

-1.83%

Winner

FGM

+4.78%

10Y(CAGR)

FMN

+0.81%

Winner

FGM

+8.25%

Max(CAGR)

FMN

+4.57%

Winner

FGM

+7.27%

FMN vs FGM - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

Year	FMN	FGM
2026	+3.92%	+0.19%
2025	+5.99%	+65.26%
2024	+2.75%	+2.60%
2023	+8.90%	+11.42%
2022	-26.45%	-30.59%
2021	+5.35%	+4.62%
2020	+9.98%	+16.20%
2019	+16.36%	+21.50%
2018	-8.66%	-25.68%
2017	+5.78%	+43.92%
2016	-0.95%	+4.18%
2015	+8.93%	+2.14%
2014	+16.63%	-10.52%
2013	-14.07%	+26.99%
2012	+12.58%	+10.55%
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 FGM Drawdown Comparison

The maximum drawdown for FMN was -49.02%, occurring on Oct 10, 2008. Recovery took 558 trading sessions.

The maximum drawdown for FGM was -51.56%, occurring on Mar 18, 2020. Recovery took 743 trading sessions.

The current FMN drawdown is -17.31%. The current FGM drawdown is -9.33%.

Rank	FMN	FGM
#1	-49.02% May 14, 2007 - Jul 30, 2009	-51.56% Jan 23, 2018 - Jan 5, 2021
#2	-40.60% Sep 21, 2021 - Oct 30, 2023	-51.07% Jun 7, 2021 - May 20, 2025
#3	-31.87% Mar 6, 2020 - Aug 12, 2020	-25.83% Jun 6, 2014 - May 4, 2017
#4	-24.86% Oct 1, 2012 - May 28, 2015	-18.47% Mar 23, 2012 - Sep 14, 2012
#5	-21.45% Sep 13, 2010 - Oct 21, 2011	-17.76% Feb 9, 2026 - Mar 20, 2026
#6	-17.99% Aug 1, 2016 - Sep 30, 2019	-11.00% Feb 1, 2013 - Aug 8, 2013
#7	-16.66% Oct 6, 2009 - Aug 5, 2010	-6.91% Oct 3, 2025 - Dec 10, 2025
#8	-13.73% Sep 8, 2005 - Aug 21, 2006	-6.40% Sep 14, 2012 - Nov 28, 2012
#9	-13.42% Mar 26, 2004 - Sep 7, 2004	-6.26% Jan 16, 2014 - Feb 13, 2014
#10	-8.91% Mar 9, 2012 - Mar 30, 2012	-5.96% Jul 23, 2025 - Aug 22, 2025
#11	-8.89% Dec 27, 2002 - Apr 25, 2003	-5.78% Mar 6, 2014 - May 30, 2014
#12	-8.35% Jun 24, 2003 - Jan 9, 2004	-4.72% Apr 16, 2021 - May 18, 2021
#13	-6.91% Aug 13, 2020 - Dec 30, 2020	-4.71% Feb 16, 2021 - Mar 17, 2021
#14	-6.63% May 28, 2015 - Oct 16, 2015	-4.56% Aug 14, 2013 - Sep 10, 2013
#15	-5.72% Feb 10, 2012 - Mar 9, 2012	-3.92% Aug 22, 2025 - Sep 30, 2025

Correlation

Correlation between FMN and FGM is 0.71 which considered as a strong positive correlation - the stocks tend to move together.

0.71

-101

Dividend Comparison (2003 - 2026)

FMN vs FGM dividend yield comparison.

Year	FMN	FGM
2026	2.39%	1.34%
2025	4.64%	0.66%
2024	4.06%	2.56%
2023	4.03%	2.82%
2022	5.30%	5.44%
2021	4.31%	1.43%
2020	4.16%	1.33%
2019	4.40%	2.30%
2018	5.57%	2.18%
2017	5.21%	2.11%
2016	6.07%	1.33%
2015	5.92%	1.13%
2014	6.19%	1.92%
2013	6.86%	1.56%
2012	6.18%	1.23%
2011	6.71%	0.00%
2010	7.86%	0.00%
2009	6.95%	0.00%
2008	8.85%	0.00%
2007	6.04%	0.00%
2006	5.63%	0.00%
2005	6.61%	0.00%
2004	7.14%	0.00%
2003	6.51%	0.00%