IMOM vs MHF

Comparison between ALPHA ARCHITECT INTERNATIONAL QUANTITATIVE MOMENTUM ETF (IMOM, ETF) and Western Asset Municipal High Income Fund Inc (MHF, ETF).

5-Year PerformanceIMOM has outperformed MHF, delivering a return of +7.5% compared to +1.3%

IMOM vs MHF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IMOM(ETF)	MHF(ETF)
Net Assets	$153M	$153M
Expense Ratio	0.38%	N/A
Max Drawdown	47.07%	35.92%
Sharpe Ratio	1.43	0.15
5Y Beta	0.85	0.20
5Y Dividends CAGR	53.23%	10.43%

Net Assets

Winner

IMOM

$153M

MHF

$153M

Expense Ratio

IMOM

0.38%

MHF

N/A

Max Drawdown

IMOM

47.07%

Winner

MHF

35.92%

Sharpe Ratio

Winner

IMOM

1.43

MHF

0.15

5Y Beta

IMOM

0.85

Winner

MHF

0.20

5Y Dividends CAGR

Winner

IMOM

53.23%

MHF

10.43%

IMOM vs MHF - Historical Returns

Returns include dividend reinvestment.

Period	IMOM	MHF
1 month	-4.02%	-0.81%
3 months	+2.06%	-0.17%
6 months	+17.13%	+0.66%
1 year	+34.79%	+5.15%
5 years(CAGR)	+7.45%	+1.31%
10 years(CAGR)	+7.44%	+2.56%
Max(CAGR)	+7.52%	+4.91%

IMOM

-4.02%

Winner

MHF

-0.81%

Winner

IMOM

+2.06%

MHF

-0.17%

Winner

IMOM

+17.13%

MHF

+0.66%

Winner

IMOM

+34.79%

MHF

+5.15%

5Y(CAGR)

Winner

IMOM

+7.45%

MHF

+1.31%

10Y(CAGR)

Winner

IMOM

+7.44%

MHF

+2.56%

Max(CAGR)

Winner

IMOM

+7.52%

MHF

+4.91%

IMOM vs MHF - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	IMOM	MHF
2026	+11.17%	+2.36%
2025	+46.80%	+5.62%
2024	+6.38%	+11.13%
2023	+9.92%	+3.08%
2022	-22.11%	-17.27%
2021	-2.16%	+10.73%
2020	+26.49%	+2.74%
2019	+18.49%	+11.83%
2018	-23.45%	-2.40%
2017	+33.06%	+7.69%
2016	-8.55%	-4.81%
2015	N/A	+6.80%
2014	N/A	+20.30%
2013	N/A	-12.41%
2012	N/A	+6.95%
2011	N/A	+16.94%
2010	N/A	+3.58%
2009	N/A	+18.79%
2008	N/A	-6.14%
2007	N/A	-3.49%
2006	N/A	+15.59%
2005	N/A	+6.05%
2004	N/A	-0.82%
2003	N/A	+9.44%
2002	N/A	-2.15%
2001	N/A	+2.25%
2000	N/A	+21.56%
1999	N/A	-5.06%

IMOM vs MHF Drawdown Comparison

The maximum drawdown for IMOM was -45.70%, occurring on Mar 18, 2020. Recovery took 716 trading sessions.

The maximum drawdown for MHF was -29.95%, occurring on Oct 6, 2008. Recovery took 412 trading sessions.

The current IMOM drawdown is -6.76%. The current MHF drawdown is -6.19%.

Rank	IMOM	MHF
#1	-45.70% Jan 29, 2018 - Dec 1, 2020	-29.95% Jul 9, 2008 - Feb 26, 2010
#2	-39.27% Sep 15, 2021 - Jun 24, 2025	-26.72% Oct 25, 2021 - Feb 19, 2025
#3	-16.48% Jul 29, 2016 - Jun 2, 2017	-24.97% Feb 25, 2020 - Jan 26, 2021
#4	-16.22% Feb 16, 2021 - Sep 7, 2021	-24.71% Sep 26, 2012 - Dec 2, 2015
#5	-15.61% Feb 25, 2026 - May 6, 2026	-14.28% May 12, 2016 - Sep 19, 2017
#6	-14.05% Jan 4, 2016 - Apr 4, 2016	-14.13% Sep 28, 2010 - Sep 9, 2011
#7	-6.76% May 26, 2026 - Jun 5, 2026	-13.32% Mar 25, 2025 - Sep 19, 2025
#8	-5.71% Jun 20, 2016 - Jul 1, 2016	-13.25% Nov 12, 1999 - Jul 5, 2000
#9	-5.57% Jan 25, 2021 - Feb 9, 2021	-12.46% May 10, 2007 - May 30, 2008
#10	-4.92% Jan 27, 2026 - Feb 9, 2026	-11.92% Aug 24, 2001 - Jun 13, 2003
#11	-4.74% Nov 24, 2017 - Jan 3, 2018	-10.85% Mar 23, 2004 - May 26, 2005
#12	-4.30% May 13, 2026 - May 26, 2026	-9.99% Sep 19, 2017 - May 23, 2019
#13	-4.17% Nov 13, 2025 - Dec 10, 2025	-9.96% Sep 19, 2025 - Mar 27, 2026
#14	-4.15% Jun 8, 2017 - Jul 19, 2017	-9.23% Feb 27, 2012 - May 1, 2012
#15	-3.92% Oct 6, 2025 - Nov 10, 2025	-8.80% Jul 1, 2021 - Oct 25, 2021

Correlation

Correlation between IMOM and MHF is 0.81 which considered as a strong positive correlation - the stocks tend to move together.

0.81

-101

Dividend Comparison (1999 - 2026)

IMOM vs MHF dividend yield comparison.

Year	IMOM	MHF
2026	0.00%	2.48%
2025	2.53%	5.93%
2024	4.52%	5.65%
2023	2.95%	3.78%
2022	6.06%	3.72%
2021	1.27%	3.23%
2020	0.59%	3.75%
2019	1.17%	4.02%
2018	0.78%	4.42%
2017	1.11%	4.14%
2016	0.54%	4.53%
2015	0.00%	4.45%
2014	0.00%	4.73%
2013	0.00%	5.59%
2012	0.00%	5.13%
2011	0.00%	5.57%
2010	0.00%	6.14%
2009	0.00%	5.98%
2008	0.00%	6.66%
2007	0.00%	5.66%
2006	0.00%	4.92%
2005	0.00%	6.10%
2004	0.00%	7.38%
2003	0.00%	7.22%
2002	0.00%	7.46%
2001	0.00%	7.17%
2000	0.00%	7.16%
1999	0.00%	1.34%