FMN vs HGRO
Comparison between Federated Hermes Premier Municipal Income Fund (FMN, ETF) and HEDGEYE QUALITY GROWTH ETF (HGRO, ETF).
FMN vs HGRO - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
FMN
$97M
Winner
HGRO
$97M
Expense Ratio
FMN
N/A
HGRO
0.70%
Max Drawdown
FMN
53.35%
Winner
HGRO
7.61%
Sharpe Ratio
FMN
0.96
Winner
HGRO
1.35
5Y Beta
Winner
FMN
0.14
HGRO
0.98
P/E Ratio
FMN
N/A
HGRO
39.23
Forward P/E
FMN
N/A
HGRO
25.46
PEG Ratio
FMN
N/A
HGRO
0.59
5Y Dividends CAGR
FMN
-1.83%
HGRO
N/A
5Y EPS CAGR
FMN
N/A
HGRO
28.27%
Debt to Equity
FMN
N/A
HGRO
55.03%
P/S Ratio
FMN
N/A
HGRO
4.36
P/B Ratio
FMN
N/A
HGRO
7.01
FMN vs HGRO - Historical Returns
Returns include dividend reinvestment.
1M
FMN
+0.45%
Winner
HGRO
+1.29%
3M
FMN
+0.28%
Winner
HGRO
+8.06%
6M
FMN
+2.69%
Winner
HGRO
+7.43%
1Y
FMN
+10.94%
Winner
HGRO
+22.58%
5Y(CAGR)
FMN
-1.93%
HGRO
N/A
10Y(CAGR)
FMN
+0.86%
HGRO
N/A
Max(CAGR)
FMN
+4.53%
Winner
HGRO
+23.02%
FMN vs HGRO - Annual Returns (2002 - 2026)
Returns include dividend reinvestment.
| Year | FMN | HGRO |
|---|---|---|
| 2026 | +2.55% | +7.65% |
| 2025 | +5.99% | +13.37% |
| 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 HGRO Drawdown Comparison
The maximum drawdown for FMN was -49.02%, occurring on Oct 10, 2008. Recovery took 558 trading sessions.
The maximum drawdown for HGRO was -7.61%, occurring on Mar 30, 2026. Recovery took 45 trading sessions.
The current FMN drawdown is -18.40%. The current HGRO drawdown is -3.43%.
| Rank | FMN | HGRO |
|---|---|---|
| #1 | -49.02% May 14, 2007 - Jul 30, 2009 | -7.61% Feb 25, 2026 - Apr 30, 2026 |
| #2 | -40.60% Sep 21, 2021 - Oct 30, 2023 | -4.69% Nov 12, 2025 - Nov 28, 2025 |
| #3 | -31.87% Mar 6, 2020 - Aug 12, 2020 | -3.43% Jun 4, 2026 - Jun 5, 2026 |
| #4 | -24.86% Oct 1, 2012 - May 28, 2015 | -3.23% Dec 11, 2025 - Dec 24, 2025 |
| #5 | -21.45% Sep 13, 2010 - Oct 21, 2011 | -3.06% Jan 12, 2026 - Feb 6, 2026 |
| #6 | -17.99% Aug 1, 2016 - Sep 30, 2019 | -2.94% Oct 8, 2025 - Oct 27, 2025 |
| #7 | -16.66% Oct 6, 2009 - Aug 5, 2010 | -2.85% May 14, 2026 - Jun 2, 2026 |
| #8 | -13.73% Sep 8, 2005 - Aug 21, 2006 | -2.54% Jul 25, 2025 - Aug 14, 2025 |
| #9 | -13.42% Mar 26, 2004 - Sep 7, 2004 | -2.24% Oct 29, 2025 - Nov 11, 2025 |
| #10 | -8.91% Mar 9, 2012 - Mar 30, 2012 | -2.09% Aug 14, 2025 - Aug 28, 2025 |
| #11 | -8.89% Dec 27, 2002 - Apr 25, 2003 | -1.87% Feb 9, 2026 - Feb 20, 2026 |
| #12 | -8.35% Jun 24, 2003 - Jan 9, 2004 | -1.78% Sep 22, 2025 - Oct 6, 2025 |
| #13 | -6.91% Aug 13, 2020 - Dec 30, 2020 | -1.50% Dec 29, 2025 - Jan 6, 2026 |
| #14 | -6.63% May 28, 2015 - Oct 16, 2015 | -1.49% Aug 28, 2025 - Sep 10, 2025 |
| #15 | -5.72% Feb 10, 2012 - Mar 9, 2012 | -1.33% May 6, 2026 - May 8, 2026 |
Correlation
Correlation between FMN and HGRO is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.
0.93
-101
Dividend Comparison (2003 - 2026)
FMN vs HGRO dividend yield comparison.
| Year | FMN | HGRO |
|---|---|---|
| 2026 | 2.01% | 0.00% |
| 2025 | 4.64% | 0.08% |
| 2024 | 4.06% | 0.00% |
| 2023 | 4.03% | 0.00% |
| 2022 | 5.30% | 0.00% |
| 2021 | 4.31% | 0.00% |
| 2020 | 4.16% | 0.00% |
| 2019 | 4.40% | 0.00% |
| 2018 | 5.57% | 0.00% |
| 2017 | 5.21% | 0.00% |
| 2016 | 6.07% | 0.00% |
| 2015 | 5.92% | 0.00% |
| 2014 | 6.19% | 0.00% |
| 2013 | 6.86% | 0.00% |
| 2012 | 6.18% | 0.00% |
| 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% |
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