FTMA vs FDEV

Comparison between Franklin Massachusetts Municipal Income ETF (FTMA, ETF) and FIDELITY INTERNATIONAL MULTIFACTOR ETF (FDEV, ETF).

FTMA vs FDEV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FTMA(ETF)	FDEV(ETF)
Net Assets	$273M	$271M
Expense Ratio	0.35%	0.18%
Max Drawdown	2.54%	31.73%
Sharpe Ratio	0.20	0.86
5Y Beta	0.11	0.52
5Y Dividends CAGR	N/A	12.95%

Net Assets

Winner

FTMA

$273M

FDEV

$271M

Expense Ratio

FTMA

0.35%

Winner

FDEV

0.18%

Max Drawdown

Winner

FTMA

2.54%

FDEV

31.73%

Sharpe Ratio

FTMA

0.20

Winner

FDEV

0.86

5Y Beta

Winner

FTMA

0.11

FDEV

0.52

5Y Dividends CAGR

FTMA

N/A

FDEV

12.95%

FTMA vs FDEV - Historical Returns

Returns include dividend reinvestment.

Period	FTMA	FDEV
1 month	+0.97%	-3.37%
3 months	+0.90%	-1.00%
6 months	+2.64%	+6.16%
1 year	N/A	+14.14%
5 years(CAGR)	N/A	+6.88%
Max(CAGR)	+4.34%	+7.90%

Winner

FTMA

+0.97%

FDEV

-3.37%

Winner

FTMA

+0.90%

FDEV

-1.00%

FTMA

+2.64%

Winner

FDEV

+6.16%

FTMA

N/A

FDEV

+14.14%

5Y(CAGR)

FTMA

N/A

FDEV

+6.88%

Max(CAGR)

FTMA

+4.34%

Winner

FDEV

+7.90%

FTMA vs FDEV - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

Year	FTMA	FDEV
2026	+1.98%	+2.50%
2025	+0.43%	+30.59%
2024	N/A	+6.77%
2023	N/A	+13.09%
2022	N/A	-16.50%
2021	N/A	+10.36%
2020	N/A	+4.72%
2019	N/A	+10.06%

FTMA vs FDEV Drawdown Comparison

The maximum drawdown for FTMA was -2.27%, occurring on Mar 24, 2026. Recovery took 64 trading sessions.

The maximum drawdown for FDEV was -30.10%, occurring on Mar 23, 2020. Recovery took 218 trading sessions.

The current FTMA drawdown is -0.11%. The current FDEV drawdown is -5.40%.

Rank	FTMA	FDEV
#1	-2.27% Feb 26, 2026 - May 29, 2026	-30.10% Jan 17, 2020 - Nov 27, 2020
#2	-0.82% Nov 26, 2025 - Jan 2, 2026	-29.01% Sep 3, 2021 - Jul 12, 2024
#3	-0.72% Nov 11, 2025 - Nov 26, 2025	-9.82% Mar 19, 2025 - Apr 22, 2025
#4	-0.61% Jan 14, 2026 - Feb 3, 2026	-8.82% Sep 26, 2024 - Mar 5, 2025
#5	-0.17% Feb 24, 2026 - Feb 26, 2026	-8.44% Feb 27, 2026 - Mar 20, 2026
#6	-0.17% Feb 5, 2026 - Feb 10, 2026	-5.85% Jul 3, 2019 - Oct 28, 2019
#7	-0.16% Feb 10, 2026 - Feb 12, 2026	-5.44% Feb 16, 2021 - Apr 5, 2021
#8	-0.11% Jan 7, 2026 - Jan 14, 2026	-4.81% Jul 12, 2024 - Aug 16, 2024
#9	-0.11% Jun 2, 2026 - Jun 5, 2026	-3.89% Nov 12, 2025 - Nov 28, 2025
#10	-0.11% Feb 18, 2026 - Feb 20, 2026	-3.82% Jan 8, 2021 - Feb 12, 2021
#11	-0.09% May 29, 2026 - Jun 2, 2026	-3.59% Jul 23, 2025 - Aug 13, 2025
#12	-0.06% Jan 5, 2026 - Jan 7, 2026	-3.01% Jun 15, 2021 - Jul 28, 2021
#13	-0.05% Feb 20, 2026 - Feb 24, 2026	-2.90% May 7, 2021 - May 24, 2021
#14	N/A	-2.61% Sep 12, 2025 - Oct 27, 2025
#15	N/A	-2.48% Oct 27, 2025 - Nov 11, 2025