FTMN vs FBL
Comparison between Franklin Minnesota Municipal Income ETF (FTMN, ETF) and GRANITESHARES 2X LONG META DAILY ETF (FBL, ETF).
FTMN vs FBL - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
FTMN
$186M
FBL
$185M
Expense Ratio
FTMN
0.35%
FBL
N/A
Max Drawdown
Winner
FTMN
3.34%
FBL
61.93%
Sharpe Ratio
Winner
FTMN
-0.02
FBL
-0.43
5Y Beta
Winner
FTMN
0.10
FBL
2.76
P/E Ratio
FTMN
N/A
FBL
24.90
Forward P/E
FTMN
N/A
FBL
19.08
PEG Ratio
FTMN
N/A
FBL
1.12
5Y EPS CAGR
FTMN
N/A
FBL
36.87%
Debt to Equity
FTMN
N/A
FBL
24.11%
P/S Ratio
FTMN
N/A
FBL
7.50
P/B Ratio
FTMN
N/A
FBL
6.62
FTMN vs FBL - Historical Returns
Returns include dividend reinvestment.
1M
Winner
FTMN
+0.38%
FBL
-5.96%
3M
Winner
FTMN
+0.29%
FBL
-24.92%
6M
Winner
FTMN
+2.15%
FBL
-31.05%
1Y
FTMN
N/A
FBL
-39.74%
Max(CAGR)
FTMN
+3.50%
Winner
FBL
+73.04%
FTMN vs FBL - Annual Returns (2022 - 2026)
Returns include dividend reinvestment.
| Year | FTMN | FBL |
|---|---|---|
| 2026 | +1.40% | -25.63% |
| 2025 | +0.61% | -3.86% |
| 2024 | N/A | +119.98% |
| 2023 | N/A | +316.78% |
| 2022 | N/A | -1.22% |
FTMN vs FBL Drawdown Comparison
The maximum drawdown for FTMN was -3.10%, occurring on Mar 26, 2026. This drawdown has not yet recovered.
The maximum drawdown for FBL was -61.13%, occurring on Mar 27, 2026. This drawdown has not yet recovered.
The current FTMN drawdown is -0.58%. The current FBL drawdown is -53.14%.
| Rank | FTMN | FBL |
|---|---|---|
| #1 | -3.10% Feb 26, 2026 - Mar 26, 2026 | -61.13% Feb 14, 2025 - Mar 27, 2026 |
| #2 | -0.56% Nov 11, 2025 - Nov 21, 2025 | -35.25% Apr 5, 2024 - Sep 19, 2024 |
| #3 | -0.51% Nov 28, 2025 - Dec 29, 2025 | -19.35% Jul 28, 2023 - Nov 14, 2023 |
| #4 | -0.34% Jan 14, 2026 - Feb 2, 2026 | -17.08% Feb 7, 2023 - Mar 14, 2023 |
| #5 | -0.33% Feb 12, 2026 - Feb 25, 2026 | -14.92% Oct 4, 2024 - Dec 3, 2024 |
| #6 | -0.28% Feb 10, 2026 - Feb 12, 2026 | -14.87% Dec 11, 2024 - Jan 24, 2025 |
| #7 | -0.17% Dec 30, 2025 - Jan 5, 2026 | -11.60% Jul 19, 2023 - Jul 28, 2023 |
| #8 | -0.13% Jan 7, 2026 - Jan 14, 2026 | -11.14% Mar 7, 2024 - Apr 5, 2024 |
| #9 | -0.11% Nov 21, 2025 - Nov 28, 2025 | -10.70% Nov 22, 2023 - Dec 18, 2023 |
| #10 | -0.06% Feb 5, 2026 - Feb 9, 2026 | -9.75% Apr 14, 2023 - Apr 27, 2023 |
| #11 | N/A | -8.91% Dec 14, 2022 - Jan 3, 2023 |
| #12 | N/A | -8.39% Feb 2, 2024 - Feb 15, 2024 |
| #13 | N/A | -7.20% Mar 16, 2023 - Mar 24, 2023 |
| #14 | N/A | -6.73% May 1, 2023 - May 18, 2023 |
| #15 | N/A | -6.49% Feb 15, 2024 - Feb 22, 2024 |
Correlation
Correlation between FTMN and FBL is -0.04 which considered as a very weak or no correlation - the stocks move independently of each other.
-0.04
-101
Dividend Comparison (2023 - 2026)
FTMN vs FBL dividend yield comparison.
| Year | FTMN | FBL |
|---|---|---|
| 2026 | 1.34% | 0.00% |
| 2025 | 0.50% | 2.07% |
| 2023 | 0.00% | 51.58% |
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