FNCL vs MHD

Comparison between FIDELITY MSCI FINANCIALS INDEX ETF (FNCL, ETF) and BlackRock MuniHoldings Fund Inc (MHD, ETF).

5-Year PerformanceFNCL has outperformed MHD, delivering a return of +8.7% compared to -1.7%

FNCL vs MHD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FNCL(ETF)	MHD(ETF)
Net Assets	$2.20B	$2.20B
Expense Ratio	0.08%	N/A
Max Drawdown	44.96%	52.64%
Sharpe Ratio	0.25	0.76
5Y Beta	0.86	0.20
P/E Ratio	16.09	N/A
Forward P/E	13.88	N/A
5Y Dividends CAGR	5.38%	1.25%
5Y EPS CAGR	11.67%	N/A
P/S Ratio	2.98	N/A
P/B Ratio	2.10	N/A

Net Assets

FNCL

$2.20B

MHD

$2.20B

Expense Ratio

FNCL

0.08%

MHD

N/A

Max Drawdown

Winner

FNCL

44.96%

MHD

52.64%

Sharpe Ratio

FNCL

0.25

Winner

MHD

0.76

5Y Beta

FNCL

0.86

Winner

MHD

0.20

P/E Ratio

FNCL

16.09

MHD

N/A

Forward P/E

FNCL

13.88

MHD

N/A

5Y Dividends CAGR

Winner

FNCL

5.38%

MHD

1.25%

5Y EPS CAGR

FNCL

11.67%

MHD

N/A

P/S Ratio

FNCL

2.98

MHD

N/A

P/B Ratio

FNCL

2.10

MHD

N/A

FNCL vs MHD - Historical Returns

Returns include dividend reinvestment.

Period	FNCL	MHD
1 month	+0.91%	+1.28%
3 months	-2.55%	+1.88%
6 months	-2.21%	+3.34%
1 year	+3.92%	+9.70%
5 years(CAGR)	+8.74%	-1.72%
10 years(CAGR)	+12.49%	+0.79%
Max(CAGR)	+11.21%	+5.78%

FNCL

+0.91%

Winner

MHD

+1.28%

FNCL

-2.55%

Winner

MHD

+1.88%

FNCL

-2.21%

Winner

MHD

+3.34%

FNCL

+3.92%

Winner

MHD

+9.70%

5Y(CAGR)

Winner

FNCL

+8.74%

MHD

-1.72%

10Y(CAGR)

Winner

FNCL

+12.49%

MHD

+0.79%

Max(CAGR)

Winner

FNCL

+11.21%

MHD

+5.78%

FNCL vs MHD - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	FNCL	MHD
2026	-5.85%	+2.90%
2025	+15.27%	+5.29%
2024	+30.29%	+3.21%
2023	+13.75%	+3.58%
2022	-13.26%	-23.27%
2021	+36.91%	+8.34%
2020	-2.92%	-0.26%
2019	+30.72%	+18.83%
2018	-13.32%	-5.10%
2017	+18.99%	+7.94%
2016	+27.37%	-0.22%
2015	-0.62%	+6.02%
2014	+14.62%	+26.00%
2013	+4.82%	-18.16%
2012	N/A	+19.47%
2011	N/A	+18.49%
2010	N/A	+11.41%
2009	N/A	+51.01%
2008	N/A	-26.35%
2007	N/A	-9.29%
2006	N/A	+8.54%
2005	N/A	+10.98%
2004	N/A	+11.87%
2003	N/A	+20.01%
2002	N/A	+6.02%
2001	N/A	+23.87%
2000	N/A	-7.41%
1999	N/A	-0.92%

FNCL vs MHD Drawdown Comparison

The maximum drawdown for FNCL was -44.36%, occurring on Mar 23, 2020. Recovery took 226 trading sessions.

The maximum drawdown for MHD was -45.88%, occurring on Dec 16, 2008. Recovery took 394 trading sessions.

The current FNCL drawdown is -8.40%. The current MHD drawdown is -13.40%.

Rank	FNCL	MHD
#1	-44.36% Feb 14, 2020 - Jan 7, 2021	-45.88% Feb 12, 2008 - Sep 3, 2009
#2	-25.68% Jan 12, 2022 - Feb 23, 2024	-36.66% Dec 20, 2021 - Oct 25, 2023
#3	-24.26% Jan 26, 2018 - Nov 1, 2019	-31.31% Feb 24, 2020 - May 24, 2021
#4	-20.91% Jul 22, 2015 - Aug 30, 2016	-24.35% Feb 11, 2013 - Jan 6, 2015
#5	-17.29% Feb 18, 2025 - Jun 30, 2025	-18.10% Aug 3, 2017 - May 16, 2019
#6	-14.78% Jan 6, 2026 - Mar 27, 2026	-17.00% Jul 7, 2000 - Apr 12, 2001
#7	-8.60% Mar 1, 2017 - Jul 25, 2017	-15.77% Jul 1, 2016 - Jul 21, 2017
#8	-8.18% Jun 4, 2021 - Aug 10, 2021	-15.08% Sep 10, 2010 - Sep 6, 2011
#9	-7.93% Nov 29, 2024 - Jan 27, 2025	-14.85% Mar 17, 2004 - Aug 31, 2004
#10	-7.82% Jan 14, 2021 - Feb 9, 2021	-13.53% May 11, 2007 - Feb 8, 2008
#11	-7.66% Nov 3, 2021 - Jan 7, 2022	-10.05% Oct 8, 2001 - Aug 5, 2002
#12	-7.10% Jul 30, 2024 - Aug 23, 2024	-10.05% Feb 3, 2015 - Oct 28, 2015
#13	-6.78% Dec 29, 2014 - Mar 20, 2015	-9.89% Nov 2, 1999 - Jun 30, 2000
#14	-6.68% Jan 15, 2014 - Mar 5, 2014	-9.42% Jul 1, 2019 - Nov 29, 2019
#15	-6.40% Sep 18, 2014 - Oct 30, 2014	-8.96% Nov 29, 2012 - Jan 11, 2013

Correlation

Correlation between FNCL and MHD is 0.43 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.43

-101

Dividend Comparison (2000 - 2026)

FNCL vs MHD dividend yield comparison.

Year	FNCL	MHD
2026	0.55%	2.02%
2025	1.45%	6.08%
2024	1.52%	5.58%
2023	1.91%	3.82%
2022	2.29%	5.63%
2021	1.75%	4.34%
2020	2.26%	4.49%
2019	2.17%	4.62%
2018	2.37%	6.11%
2017	1.60%	5.86%
2016	1.81%	6.16%
2015	2.17%	6.25%
2014	1.77%	6.20%
2013	0.43%	7.66%
2012	0.00%	7.14%
2011	0.00%	6.57%
2010	0.00%	7.69%
2009	0.00%	6.65%
2008	0.00%	8.83%
2007	0.00%	6.57%
2006	0.00%	5.62%
2005	0.00%	6.86%
2004	0.00%	7.22%
2003	0.00%	7.01%
2002	0.00%	6.90%
2001	0.00%	6.24%
2000	0.00%	2.80%