FTMU vs AAEQ

Comparison between Franklin Municipal Income ETF (FTMU, ETF) and ALPHA ARCHITECT US EQUITY 2 ETF (AAEQ, ETF).

FTMU vs AAEQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FTMU(ETF)	AAEQ(ETF)
Net Assets	$481M	$480M
Expense Ratio	0.30%	0.15%
Max Drawdown	3.38%	10.35%
Sharpe Ratio	0.14	0.48
5Y Beta	0.08	1.04
P/E Ratio	N/A	29.15
Forward P/E	N/A	23.27
5Y EPS CAGR	N/A	29.61%
Debt to Equity	N/A	37.10%
P/S Ratio	N/A	4.20
P/B Ratio	N/A	6.13

Net Assets

Winner

FTMU

$481M

AAEQ

$480M

Expense Ratio

FTMU

0.30%

Winner

AAEQ

0.15%

Max Drawdown

Winner

FTMU

3.38%

AAEQ

10.35%

Sharpe Ratio

FTMU

0.14

Winner

AAEQ

0.48

5Y Beta

Winner

FTMU

0.08

AAEQ

1.04

P/E Ratio

FTMU

N/A

AAEQ

29.15

Forward P/E

FTMU

N/A

AAEQ

23.27

5Y EPS CAGR

FTMU

N/A

AAEQ

29.61%

Debt to Equity

FTMU

N/A

AAEQ

37.10%

P/S Ratio

FTMU

N/A

AAEQ

4.20

P/B Ratio

FTMU

N/A

AAEQ

6.13

FTMU vs AAEQ - Historical Returns

Returns include dividend reinvestment.

Period	FTMU	AAEQ
1 month	+0.82%	+1.89%
3 months	+0.83%	+8.23%
6 months	+2.93%	+4.63%
Max(CAGR)	+4.14%	+9.79%

FTMU

+0.82%

Winner

AAEQ

+1.89%

FTMU

+0.83%

Winner

AAEQ

+8.23%

FTMU

+2.93%

Winner

AAEQ

+4.63%

Max(CAGR)

FTMU

+4.14%

Winner

AAEQ

+9.79%

FTMU vs AAEQ - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	FTMU	AAEQ
2026	+2.37%	+6.83%
2025	-0.02%	-1.99%

FTMU vs AAEQ Drawdown Comparison

The maximum drawdown for FTMU was -3.06%, occurring on Mar 24, 2026. Recovery took 66 trading sessions.

The maximum drawdown for AAEQ was -10.26%, occurring on Mar 30, 2026. Recovery took 86 trading sessions.

The current FTMU drawdown is -0.26%. The current AAEQ drawdown is -2.72%.

Rank	FTMU	AAEQ
#1	-3.06% Feb 27, 2026 - Jun 3, 2026	-10.26% Dec 11, 2025 - Apr 17, 2026
#2	-0.87% Oct 27, 2025 - Dec 30, 2025	-2.72% Jun 2, 2026 - Jun 5, 2026
#3	-0.44% Jan 14, 2026 - Feb 3, 2026	-1.80% May 14, 2026 - May 26, 2026
#4	-0.26% Jun 4, 2026 - Jun 5, 2026	-0.92% Apr 17, 2026 - Apr 22, 2026
#5	-0.19% Jan 7, 2026 - Jan 14, 2026	-0.56% Apr 27, 2026 - Apr 30, 2026
#6	-0.13% Feb 10, 2026 - Feb 12, 2026	-0.55% May 1, 2026 - May 5, 2026
#7	-0.13% Feb 17, 2026 - Feb 23, 2026	-0.40% Apr 22, 2026 - Apr 24, 2026
#8	-0.06% Dec 30, 2025 - Jan 2, 2026	-0.37% May 6, 2026 - May 8, 2026
#9	N/A	-0.04% May 11, 2026 - May 13, 2026