GVAL vs MFM

Comparison between CAMBRIA GLOBAL VALUE ETF (GVAL, ETF) and MFS Municipal Income Trust (MFM, ETF).

5-Year PerformanceGVAL has outperformed MFM, delivering a return of +15.3% compared to -1.2%

GVAL vs MFM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GVAL(ETF)	MFM(ETF)
Net Assets	$584M	$585M
Expense Ratio	0.66%	N/A
Max Drawdown	50.58%	59.26%
Sharpe Ratio	1.86	0.67
5Y Beta	0.69	0.16
5Y Dividends CAGR	28.78%	1.13%

Net Assets

GVAL

$584M

Winner

MFM

$585M

Expense Ratio

GVAL

0.66%

MFM

N/A

Max Drawdown

Winner

GVAL

50.58%

MFM

59.26%

Sharpe Ratio

Winner

GVAL

1.86

MFM

0.67

5Y Beta

GVAL

0.69

Winner

MFM

0.16

5Y Dividends CAGR

Winner

GVAL

28.78%

MFM

1.13%

GVAL vs MFM - Historical Returns

Returns include dividend reinvestment.

Period	GVAL	MFM
1 month	+5.85%	+0.75%
3 months	+9.77%	+2.67%
6 months	+10.28%	-0.23%
1 year	+37.97%	+11.64%
5 years(CAGR)	+15.30%	-1.19%
10 years(CAGR)	+11.32%	+1.72%
Max(CAGR)	+7.22%	+5.01%

Winner

GVAL

+5.85%

MFM

+0.75%

Winner

GVAL

+9.77%

MFM

+2.67%

Winner

GVAL

+10.28%

MFM

-0.23%

Winner

GVAL

+37.97%

MFM

+11.64%

5Y(CAGR)

Winner

GVAL

+15.30%

MFM

-1.19%

10Y(CAGR)

Winner

GVAL

+11.32%

MFM

+1.72%

Max(CAGR)

Winner

GVAL

+7.22%

MFM

+5.01%

GVAL vs MFM - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	GVAL	MFM
2026	+23.36%	+4.76%
2025	+57.23%	+6.36%
2024	+3.68%	+7.72%
2023	+14.39%	+4.52%
2022	-8.72%	-21.84%
2021	+10.00%	+9.78%
2020	-9.89%	-1.42%
2019	+15.47%	+16.86%
2018	-15.91%	-5.41%
2017	+27.73%	+8.63%
2016	+18.62%	+1.49%
2015	-8.38%	+8.74%
2014	-19.20%	+13.39%
2013	N/A	-14.36%
2012	N/A	+14.85%
2011	N/A	+18.24%
2010	N/A	+0.65%
2009	N/A	+70.75%
2008	N/A	-36.78%
2007	N/A	-13.70%
2006	N/A	+11.48%
2005	N/A	+9.19%
2004	N/A	+8.26%
2003	N/A	+13.39%
2002	N/A	-1.94%
2001	N/A	+10.39%
2000	N/A	+13.66%
1999	N/A	-7.97%

GVAL vs MFM Drawdown Comparison

The maximum drawdown for GVAL was -46.84%, occurring on Mar 18, 2020. Recovery took 1581 trading sessions.

The maximum drawdown for MFM was -54.24%, occurring on Dec 16, 2008. Recovery took 759 trading sessions.

The current GVAL drawdown is -0.26%. The current MFM drawdown is -6.78%.

Rank	GVAL	MFM
#1	-46.84% Jan 26, 2018 - May 9, 2024	-54.24% Apr 2, 2007 - Apr 7, 2010
#2	-37.79% Jun 10, 2014 - Jul 18, 2017	-34.38% Jul 29, 2021 - Oct 27, 2023
#3	-15.72% Mar 5, 2025 - May 13, 2025	-29.37% Feb 14, 2020 - May 6, 2021
#4	-11.50% Feb 25, 2026 - Apr 14, 2026	-24.74% Oct 1, 2012 - Dec 24, 2015
#5	-9.45% May 20, 2024 - Sep 24, 2024	-15.37% Mar 25, 2004 - Oct 27, 2004
#6	-9.19% Oct 7, 2024 - Feb 11, 2025	-15.26% Oct 29, 2010 - Sep 12, 2011
#7	-5.19% Sep 11, 2017 - Jan 2, 2018	-13.45% Nov 4, 1999 - Jun 2, 2000
#8	-4.86% Apr 9, 2014 - Jun 6, 2014	-12.02% Jul 8, 2016 - Jun 6, 2017
#9	-4.63% Jun 15, 2026 - Jul 31, 2026	-11.92% Sep 17, 2001 - Oct 4, 2002
#10	-4.52% Apr 17, 2026 - Jun 2, 2026	-11.67% Jul 13, 2017 - Feb 20, 2019
#11	-3.69% Jun 2, 2026 - Jun 12, 2026	-10.96% Aug 31, 2000 - Jan 4, 2001
#12	-3.14% Nov 12, 2025 - Dec 2, 2025	-10.86% Oct 4, 2002 - May 9, 2003
#13	-3.02% Oct 1, 2025 - Oct 23, 2025	-10.56% Jun 11, 2003 - Jan 6, 2004
#14	-2.63% Jul 25, 2025 - Aug 7, 2025	-9.57% Sep 13, 2005 - Jan 19, 2006
#15	-2.50% Aug 7, 2017 - Aug 25, 2017	-8.19% Feb 11, 2005 - May 11, 2005

Correlation

Correlation between GVAL and MFM is 0.54 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.54

-101

Dividend Comparison (2000 - 2026)

GVAL vs MFM dividend yield comparison.

Year	GVAL	MFM
2026	1.11%	4.34%
2025	2.93%	5.08%
2024	4.75%	4.65%
2023	6.12%	4.12%
2022	5.05%	4.85%
2021	2.97%	4.34%
2020	1.90%	4.70%
2019	2.84%	4.71%
2018	4.65%	5.91%
2017	2.00%	5.62%
2016	2.53%	5.72%
2015	2.11%	5.76%
2014	2.70%	6.04%
2013	0.00%	7.08%
2012	0.00%	6.31%
2011	0.00%	7.09%
2010	0.00%	7.86%
2009	0.00%	7.32%
2008	0.00%	11.29%
2007	0.00%	6.82%
2006	0.00%	5.82%
2005	0.00%	6.93%
2004	0.00%	7.10%
2003	0.00%	7.04%
2002	0.00%	7.38%
2001	0.00%	6.92%
2000	0.00%	3.01%