FMQQ vs MFLX

Comparison between FMQQ THE NEXT FRONTIER INTERNET ETF (FMQQ, ETF) and FIRST TRUST FLEXIBLE MUNICIPAL HIGH INCOME ETF (MFLX, ETF).

5-Year PerformanceMFLX has outperformed FMQQ, delivering a return of -0.3% compared to -13.7%

FMQQ vs MFLX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FMQQ(ETF)	MFLX(ETF)
Net Assets	$20M	$20M
Expense Ratio	0.86%	0.75%
Max Drawdown	64.51%	29.72%
Sharpe Ratio	-1.05	1.40
5Y Beta	0.86	-0.05
5Y Dividends CAGR	N/A	0.95%

Net Assets

FMQQ

$20M

Winner

MFLX

$20M

Expense Ratio

FMQQ

0.86%

Winner

MFLX

0.75%

Max Drawdown

FMQQ

64.51%

Winner

MFLX

29.72%

Sharpe Ratio

FMQQ

-1.05

Winner

MFLX

1.40

5Y Beta

FMQQ

0.86

Winner

MFLX

-0.05

5Y Dividends CAGR

FMQQ

N/A

MFLX

0.95%

FMQQ vs MFLX - Historical Returns

Returns include dividend reinvestment.

Period	FMQQ	MFLX
1 month	+4.84%	-0.48%
3 months	-0.12%	+1.22%
6 months	-8.33%	+3.07%
1 year	-16.57%	+9.31%
5 years(CAGR)	-13.69%	-0.34%
10 years(CAGR)	N/A	+2.13%
Max(CAGR)	-13.69%	+2.13%

Winner

FMQQ

+4.84%

MFLX

-0.48%

FMQQ

-0.12%

Winner

MFLX

+1.22%

FMQQ

-8.33%

Winner

MFLX

+3.07%

FMQQ

-16.57%

Winner

MFLX

+9.31%

5Y(CAGR)

FMQQ

-13.69%

Winner

MFLX

-0.34%

10Y(CAGR)

FMQQ

N/A

MFLX

+2.13%

Max(CAGR)

FMQQ

-13.69%

Winner

MFLX

+2.13%

FMQQ vs MFLX - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	FMQQ	MFLX
2026	-12.57%	+3.34%
2025	+8.74%	+4.12%
2024	+14.13%	+4.73%
2023	+16.04%	+8.91%
2022	-54.27%	-19.65%
2021	-15.21%	+8.96%
2020	N/A	+7.00%
2019	N/A	+15.75%
2018	N/A	-4.71%
2017	N/A	+5.57%
2016	N/A	-7.63%

FMQQ vs MFLX Drawdown Comparison

The maximum drawdown for FMQQ was -64.51%, occurring on Oct 14, 2022. This drawdown has not yet recovered.

The maximum drawdown for MFLX was -26.76%, occurring on Mar 18, 2020. Recovery took 193 trading sessions.

The current FMQQ drawdown is -52.39%. The current MFLX drawdown is -3.65%.

Rank	FMQQ	MFLX
#1	-64.51% Oct 19, 2021 - Oct 14, 2022	-26.76% Feb 24, 2020 - Nov 25, 2020
#2	-3.78% Oct 1, 2021 - Oct 15, 2021	-25.88% Aug 24, 2021 - Oct 27, 2022
#3	-0.37% Sep 28, 2021 - Sep 30, 2021	-10.10% Sep 29, 2016 - Mar 26, 2019
#4	N/A	-4.45% Feb 11, 2021 - Apr 14, 2021
#5	N/A	-3.82% Sep 4, 2019 - Dec 11, 2019
#6	N/A	-1.54% Jul 12, 2021 - Jul 28, 2021
#7	N/A	-1.42% May 10, 2021 - May 26, 2021
#8	N/A	-1.05% Dec 11, 2020 - Dec 31, 2020
#9	N/A	-0.81% Apr 15, 2019 - May 2, 2019
#10	N/A	-0.73% Dec 31, 2020 - Jan 19, 2021
#11	N/A	-0.71% Dec 26, 2019 - Jan 7, 2020
#12	N/A	-0.69% Jun 10, 2021 - Jun 28, 2021
#13	N/A	-0.69% Dec 11, 2019 - Dec 26, 2019
#14	N/A	-0.67% Aug 4, 2021 - Aug 10, 2021
#15	N/A	-0.62% Aug 20, 2019 - Aug 28, 2019

Correlation

Correlation between FMQQ and MFLX is 0.65 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.65

-101

Dividend Comparison (2016 - 2026)

FMQQ vs MFLX dividend yield comparison.

Year	FMQQ	MFLX
2026	0.00%	2.47%
2025	0.61%	4.06%
2024	0.45%	3.81%
2023	0.11%	3.65%
2022	0.00%	4.27%
2021	0.00%	3.69%
2020	0.00%	3.21%
2019	0.00%	2.94%
2018	0.00%	3.74%
2017	0.00%	3.80%
2016	0.00%	0.98%