FXA vs FMN

Comparison between Invesco CurrencyShares Australian Dollar Trust (FXA, ETF) and Federated Hermes Premier Municipal Income Fund (FMN, ETF).

5-Year PerformanceFXA has outperformed FMN, delivering a return of -0.2% compared to -1.8%

FXA vs FMN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FXA(ETF)	FMN(ETF)
Net Assets	$99M	$98M
Expense Ratio	0.40%	N/A
Max Drawdown	47.90%	53.35%
Sharpe Ratio	0.62	1.19
5Y Beta	0.25	0.13
5Y Dividends CAGR	N/A	-1.78%

Net Assets

Winner

FXA

$99M

FMN

$98M

Expense Ratio

FXA

0.40%

FMN

N/A

Max Drawdown

Winner

FXA

47.90%

FMN

53.35%

Sharpe Ratio

FXA

0.62

Winner

FMN

1.19

5Y Beta

FXA

0.25

Winner

FMN

0.13

5Y Dividends CAGR

FXA

N/A

FMN

-1.78%

FXA vs FMN - Historical Returns

Returns include dividend reinvestment.

Period	FXA	FMN
1 month	+0.18%	-0.05%
3 months	-1.52%	+1.12%
6 months	+4.07%	+3.64%
1 year	+8.46%	+12.38%
5 years(CAGR)	-0.18%	-1.83%
10 years(CAGR)	-0.07%	+0.81%
Max(CAGR)	+1.70%	+4.57%

Winner

FXA

+0.18%

FMN

-0.05%

FXA

-1.52%

Winner

FMN

+1.12%

Winner

FXA

+4.07%

FMN

+3.64%

FXA

+8.46%

Winner

FMN

+12.38%

5Y(CAGR)

Winner

FXA

-0.18%

FMN

-1.83%

10Y(CAGR)

FXA

-0.07%

Winner

FMN

+0.81%

Max(CAGR)

FXA

+1.70%

Winner

FMN

+4.57%

FXA vs FMN - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

Year	FXA	FMN
2026	+5.19%	+3.92%
2025	+8.81%	+5.99%
2024	-6.94%	+2.75%
2023	+2.43%	+8.90%
2022	-5.42%	-26.45%
2021	-5.63%	+5.35%
2020	+10.01%	+9.98%
2019	+0.73%	+16.36%
2018	-9.19%	-8.66%
2017	+8.86%	+5.78%
2016	+1.31%	-0.95%
2015	-8.71%	+8.93%
2014	-6.72%	+16.63%
2013	-13.31%	-14.07%
2012	+3.23%	+12.58%
2011	+4.61%	+21.89%
2010	+16.03%	-3.72%
2009	+29.45%	+71.67%
2008	-14.79%	-27.59%
2007	+16.79%	-8.55%
2006	+10.78%	+10.98%
2005	N/A	+9.47%
2004	N/A	+6.40%
2003	N/A	+0.62%
2002	N/A	+0.00%

FXA vs FMN Drawdown Comparison

The maximum drawdown for FXA was -40.97%, occurring on Mar 19, 2020. This drawdown has not yet recovered.

The maximum drawdown for FMN was -49.02%, occurring on Oct 10, 2008. Recovery took 558 trading sessions.

The current FXA drawdown is -25.64%. The current FMN drawdown is -17.31%.

Rank	FXA	FMN
#1	-40.97% Apr 11, 2013 - Mar 19, 2020	-49.02% May 14, 2007 - Jul 30, 2009
#2	-37.26% Jul 15, 2008 - Nov 16, 2009	-40.60% Sep 21, 2021 - Oct 30, 2023
#3	-12.87% Apr 14, 2010 - Sep 9, 2010	-31.87% Mar 6, 2020 - Aug 12, 2020
#4	-12.72% Jul 27, 2011 - Feb 7, 2012	-24.86% Oct 1, 2012 - May 28, 2015
#5	-10.37% Jul 25, 2007 - Sep 26, 2007	-21.45% Sep 13, 2010 - Oct 21, 2011
#6	-9.47% Mar 1, 2012 - Dec 14, 2012	-17.99% Aug 1, 2016 - Sep 30, 2019
#7	-7.46% Nov 7, 2007 - Feb 19, 2008	-16.66% Oct 6, 2009 - Aug 5, 2010
#8	-7.22% Nov 16, 2009 - Apr 6, 2010	-13.73% Sep 8, 2005 - Aug 21, 2006
#9	-5.41% Nov 4, 2010 - Dec 29, 2010	-13.42% Mar 26, 2004 - Sep 7, 2004
#10	-5.24% Feb 28, 2008 - Apr 22, 2008	-8.91% Mar 9, 2012 - Mar 30, 2012
#11	-4.20% Apr 29, 2011 - Jul 26, 2011	-8.89% Dec 27, 2002 - Apr 25, 2003
#12	-3.50% Jan 10, 2013 - Apr 10, 2013	-8.35% Jun 24, 2003 - Jan 9, 2004
#13	-3.47% Feb 28, 2011 - Mar 24, 2011	-6.91% Aug 13, 2020 - Dec 30, 2020
#14	-3.37% Dec 31, 2010 - Feb 25, 2011	-6.63% May 28, 2015 - Oct 16, 2015
#15	-3.30% Sep 5, 2006 - Oct 27, 2006	-5.72% Feb 10, 2012 - Mar 9, 2012

Correlation

Correlation between FXA and FMN is 0.03 which considered as a very weak or no correlation - the stocks move independently of each other.

0.03

-101

Dividend Comparison (2003 - 2026)

FXA vs FMN dividend yield comparison.

Year	FXA	FMN
2026	0.61%	2.39%
2025	1.16%	4.64%
2024	1.66%	4.06%
2023	0.98%	4.03%
2022	0.05%	5.30%
2021	0.00%	4.31%
2020	0.03%	4.16%
2019	0.53%	4.40%
2018	1.04%	5.57%
2017	0.83%	5.21%
2016	1.01%	6.07%
2015	1.52%	5.92%
2014	2.01%	6.19%
2013	2.14%	6.86%
2012	3.10%	6.18%
2011	4.01%	6.71%
2010	3.02%	7.86%
2009	2.07%	6.95%
2008	7.17%	8.85%
2007	5.18%	6.04%
2006	2.23%	5.63%
2005	0.00%	6.61%
2004	0.00%	7.14%
2003	0.00%	6.51%