FMUN vs MINV
Comparison between FIDELITY SYSTEMATIC MUNICIPAL BOND INDEX ETF (FMUN, ETF) and MATTHEWS ASIA INNOVATORS ACTIVE ETF (MINV, ETF).
FMUN vs MINV - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
FMUN
$181M
Winner
MINV
$181M
Expense Ratio
Winner
FMUN
0.05%
MINV
0.79%
Max Drawdown
Winner
FMUN
3.22%
MINV
23.49%
Sharpe Ratio
FMUN
1.09
Winner
MINV
2.14
5Y Beta
Winner
FMUN
0.07
MINV
0.98
FMUN vs MINV - Historical Returns
Returns include dividend reinvestment.
1M
FMUN
+0.18%
Winner
MINV
+5.68%
3M
FMUN
+0.72%
Winner
MINV
+39.48%
6M
FMUN
+1.89%
Winner
MINV
+53.67%
1Y
FMUN
+6.92%
Winner
MINV
+78.53%
Max(CAGR)
FMUN
+4.75%
Winner
MINV
+22.28%
FMUN vs MINV - Annual Returns (2022 - 2026)
Returns include dividend reinvestment.
| Year | FMUN | MINV |
|---|---|---|
| 2026 | +1.24% | +46.86% |
| 2025 | +4.25% | +31.39% |
| 2024 | N/A | +19.04% |
| 2023 | N/A | -5.31% |
| 2022 | N/A | -3.11% |
FMUN vs MINV Drawdown Comparison
The maximum drawdown for FMUN was -3.21%, occurring on Mar 27, 2026. This drawdown has not yet recovered.
The maximum drawdown for MINV was -23.49%, occurring on Oct 24, 2022. Recovery took 115 trading sessions.
The current FMUN drawdown is -1.03%. The current MINV drawdown is -6.24%.
| Rank | FMUN | MINV |
|---|---|---|
| #1 | -3.21% Feb 27, 2026 - Mar 27, 2026 | -23.49% Jul 21, 2022 - Jan 4, 2023 |
| #2 | -2.93% Apr 7, 2025 - Aug 22, 2025 | -23.10% Jan 26, 2023 - Jul 9, 2024 |
| #3 | -0.52% Nov 26, 2025 - Dec 23, 2025 | -19.81% Oct 7, 2024 - Jun 6, 2025 |
| #4 | -0.46% Nov 12, 2025 - Nov 26, 2025 | -12.67% Jul 12, 2024 - Sep 24, 2024 |
| #5 | -0.43% Sep 17, 2025 - Oct 7, 2025 | -10.91% Jun 1, 2026 - Jun 5, 2026 |
| #6 | -0.37% Jan 16, 2026 - Jan 30, 2026 | -10.86% Feb 25, 2026 - Apr 10, 2026 |
| #7 | -0.34% Aug 29, 2025 - Sep 3, 2025 | -10.85% Oct 6, 2025 - Jan 12, 2026 |
| #8 | -0.26% Nov 4, 2025 - Nov 11, 2025 | -5.41% May 14, 2026 - May 22, 2026 |
| #9 | -0.25% Oct 22, 2025 - Nov 4, 2025 | -5.19% Jan 28, 2026 - Feb 11, 2026 |
| #10 | -0.13% Dec 29, 2025 - Jan 7, 2026 | -3.92% Jan 12, 2026 - Jan 28, 2026 |
| #11 | -0.11% Aug 22, 2025 - Aug 28, 2025 | -3.80% Jul 23, 2025 - Aug 12, 2025 |
| #12 | -0.11% Feb 10, 2026 - Feb 12, 2026 | -2.96% Jan 13, 2023 - Jan 20, 2023 |
| #13 | -0.06% Feb 5, 2026 - Feb 9, 2026 | -2.82% May 11, 2026 - May 13, 2026 |
| #14 | -0.05% Sep 11, 2025 - Sep 15, 2025 | -2.60% Apr 22, 2026 - Apr 30, 2026 |
| #15 | -0.04% Feb 13, 2026 - Feb 19, 2026 | -2.26% Jun 11, 2025 - Jun 24, 2025 |
Correlation
Correlation between FMUN and MINV is 0.77 which considered as a strong positive correlation - the stocks tend to move together.
0.77
-101
Dividend Comparison (2023 - 2026)
FMUN vs MINV dividend yield comparison.
| Year | FMUN | MINV |
|---|---|---|
| 2026 | 1.35% | 0.00% |
| 2025 | 2.41% | 1.51% |
| 2024 | 0.00% | 0.25% |
| 2023 | 0.00% | 1.00% |
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