HGRO vs FMN

Comparison between HEDGEYE QUALITY GROWTH ETF (HGRO, ETF) and Federated Hermes Premier Municipal Income Fund (FMN, ETF).

HGRO vs FMN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HGRO(ETF)	FMN(ETF)
Net Assets	$97M	$97M
Expense Ratio	0.70%	N/A
Max Drawdown	7.61%	53.35%
Sharpe Ratio	1.35	0.96
5Y Beta	0.98	0.14
P/E Ratio	39.23	N/A
Forward P/E	25.46	N/A
PEG Ratio	0.59	N/A
5Y Dividends CAGR	N/A	-1.83%
5Y EPS CAGR	28.27%	N/A
Debt to Equity	55.03%	N/A
P/S Ratio	4.36	N/A
P/B Ratio	7.01	N/A

Net Assets

Winner

HGRO

$97M

FMN

$97M

Expense Ratio

HGRO

0.70%

FMN

N/A

Max Drawdown

Winner

HGRO

7.61%

FMN

53.35%

Sharpe Ratio

Winner

HGRO

1.35

FMN

0.96

5Y Beta

HGRO

0.98

Winner

FMN

0.14

P/E Ratio

HGRO

39.23

FMN

N/A

Forward P/E

HGRO

25.46

FMN

N/A

PEG Ratio

HGRO

0.59

FMN

N/A

5Y Dividends CAGR

HGRO

N/A

FMN

-1.83%

5Y EPS CAGR

HGRO

28.27%

FMN

N/A

Debt to Equity

HGRO

55.03%

FMN

N/A

P/S Ratio

HGRO

4.36

FMN

N/A

P/B Ratio

HGRO

7.01

FMN

N/A

HGRO vs FMN - Historical Returns

Returns include dividend reinvestment.

Period	HGRO	FMN
1 month	+1.29%	+0.45%
3 months	+8.06%	+0.28%
6 months	+7.43%	+2.69%
1 year	+22.58%	+10.94%
5 years(CAGR)	N/A	-1.93%
10 years(CAGR)	N/A	+0.86%
Max(CAGR)	+23.02%	+4.53%

Winner

HGRO

+1.29%

FMN

+0.45%

Winner

HGRO

+8.06%

FMN

+0.28%

Winner

HGRO

+7.43%

FMN

+2.69%

Winner

HGRO

+22.58%

FMN

+10.94%

5Y(CAGR)

HGRO

N/A

FMN

-1.93%

10Y(CAGR)

HGRO

N/A

FMN

+0.86%

Max(CAGR)

Winner

HGRO

+23.02%

FMN

+4.53%

HGRO vs FMN - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

Year	HGRO	FMN
2026	+7.65%	+2.55%
2025	+13.37%	+5.99%
2024	N/A	+2.75%
2023	N/A	+8.90%
2022	N/A	-26.45%
2021	N/A	+5.35%
2020	N/A	+9.98%
2019	N/A	+16.36%
2018	N/A	-8.66%
2017	N/A	+5.78%
2016	N/A	-0.95%
2015	N/A	+8.93%
2014	N/A	+16.63%
2013	N/A	-14.07%
2012	N/A	+12.58%
2011	N/A	+21.89%
2010	N/A	-3.72%
2009	N/A	+71.67%
2008	N/A	-27.59%
2007	N/A	-8.55%
2006	N/A	+10.98%
2005	N/A	+9.47%
2004	N/A	+6.40%
2003	N/A	+0.62%
2002	N/A	+0.00%

HGRO vs FMN Drawdown Comparison

The maximum drawdown for HGRO was -7.61%, occurring on Mar 30, 2026. Recovery took 45 trading sessions.

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

The current HGRO drawdown is -3.43%. The current FMN drawdown is -18.40%.

Rank	HGRO	FMN
#1	-7.61% Feb 25, 2026 - Apr 30, 2026	-49.02% May 14, 2007 - Jul 30, 2009
#2	-4.69% Nov 12, 2025 - Nov 28, 2025	-40.60% Sep 21, 2021 - Oct 30, 2023
#3	-3.43% Jun 4, 2026 - Jun 5, 2026	-31.87% Mar 6, 2020 - Aug 12, 2020
#4	-3.23% Dec 11, 2025 - Dec 24, 2025	-24.86% Oct 1, 2012 - May 28, 2015
#5	-3.06% Jan 12, 2026 - Feb 6, 2026	-21.45% Sep 13, 2010 - Oct 21, 2011
#6	-2.94% Oct 8, 2025 - Oct 27, 2025	-17.99% Aug 1, 2016 - Sep 30, 2019
#7	-2.85% May 14, 2026 - Jun 2, 2026	-16.66% Oct 6, 2009 - Aug 5, 2010
#8	-2.54% Jul 25, 2025 - Aug 14, 2025	-13.73% Sep 8, 2005 - Aug 21, 2006
#9	-2.24% Oct 29, 2025 - Nov 11, 2025	-13.42% Mar 26, 2004 - Sep 7, 2004
#10	-2.09% Aug 14, 2025 - Aug 28, 2025	-8.91% Mar 9, 2012 - Mar 30, 2012
#11	-1.87% Feb 9, 2026 - Feb 20, 2026	-8.89% Dec 27, 2002 - Apr 25, 2003
#12	-1.78% Sep 22, 2025 - Oct 6, 2025	-8.35% Jun 24, 2003 - Jan 9, 2004
#13	-1.50% Dec 29, 2025 - Jan 6, 2026	-6.91% Aug 13, 2020 - Dec 30, 2020
#14	-1.49% Aug 28, 2025 - Sep 10, 2025	-6.63% May 28, 2015 - Oct 16, 2015
#15	-1.33% May 6, 2026 - May 8, 2026	-5.72% Feb 10, 2012 - Mar 9, 2012

Correlation

Correlation between HGRO and FMN is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.

0.93

-101

Dividend Comparison (2003 - 2026)

HGRO vs FMN dividend yield comparison.

Year	HGRO	FMN
2026	0.00%	2.01%
2025	0.08%	4.64%
2024	0.00%	4.06%
2023	0.00%	4.03%
2022	0.00%	5.30%
2021	0.00%	4.31%
2020	0.00%	4.16%
2019	0.00%	4.40%
2018	0.00%	5.57%
2017	0.00%	5.21%
2016	0.00%	6.07%
2015	0.00%	5.92%
2014	0.00%	6.19%
2013	0.00%	6.86%
2012	0.00%	6.18%
2011	0.00%	6.71%
2010	0.00%	7.86%
2009	0.00%	6.95%
2008	0.00%	8.85%
2007	0.00%	6.04%
2006	0.00%	5.63%
2005	0.00%	6.61%
2004	0.00%	7.14%
2003	0.00%	6.51%