MBCE vs FMUN

Comparison between MONARCH BLUE CHIPS ELITE INDEX ETF (MBCE, ETF) and FIDELITY SYSTEMATIC MUNICIPAL BOND INDEX ETF (FMUN, ETF).

MBCE vs FMUN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MBCE(ETF)	FMUN(ETF)
Net Assets	$183M	$183M
Expense Ratio	1.14%	0.05%
Max Drawdown	11.95%	3.22%
Sharpe Ratio	-0.77	1.02
5Y Beta	2.28	0.07
P/E Ratio	36.40	N/A
Forward P/E	26.00	N/A
PEG Ratio	0.70	N/A
5Y EPS CAGR	20.22%	N/A
Debt to Equity	-39.22%	N/A
P/S Ratio	6.39	N/A
P/B Ratio	8.30	N/A

Net Assets

Winner

MBCE

$183M

FMUN

$183M

Expense Ratio

MBCE

1.14%

Winner

FMUN

0.05%

Max Drawdown

MBCE

11.95%

Winner

FMUN

3.22%

Sharpe Ratio

MBCE

-0.77

Winner

FMUN

1.02

5Y Beta

MBCE

2.28

Winner

FMUN

0.07

P/E Ratio

MBCE

36.40

FMUN

N/A

Forward P/E

MBCE

26.00

FMUN

N/A

PEG Ratio

MBCE

0.70

FMUN

N/A

5Y EPS CAGR

MBCE

20.22%

FMUN

N/A

Debt to Equity

MBCE

-39.22%

FMUN

N/A

P/S Ratio

MBCE

6.39

FMUN

N/A

P/B Ratio

MBCE

8.30

FMUN

N/A

MBCE vs FMUN - Historical Returns

Returns include dividend reinvestment.

Period	MBCE	FMUN
1 month	-7.26%	-0.18%
3 months	N/A	+0.50%
6 months	N/A	+0.65%
1 year	N/A	+6.87%
Max(CAGR)	-30.39%	+4.30%

MBCE

-7.26%

Winner

FMUN

-0.18%

MBCE

N/A

FMUN

+0.50%

MBCE

N/A

FMUN

+0.65%

MBCE

N/A

FMUN

+6.87%

Max(CAGR)

MBCE

-30.39%

Winner

FMUN

+4.30%

MBCE vs FMUN - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	MBCE	FMUN
2026	-4.65%	+1.18%
2025	N/A	+4.25%

MBCE vs FMUN Drawdown Comparison

The maximum drawdown for MBCE was -11.95%, occurring on Jul 20, 2026. This drawdown has not yet recovered.

The maximum drawdown for FMUN was -3.21%, occurring on Mar 27, 2026. This drawdown has not yet recovered.

The current MBCE drawdown is -8.80%. The current FMUN drawdown is -1.09%.

Rank	MBCE	FMUN
#1	-11.95% Jun 30, 2026 - Jul 20, 2026	-3.21% Feb 27, 2026 - Mar 27, 2026
#2	-7.04% Jun 3, 2026 - Jun 15, 2026	-2.93% Apr 7, 2025 - Aug 22, 2025
#3	-4.74% Jun 22, 2026 - Jun 30, 2026	-0.52% Nov 26, 2025 - Dec 23, 2025
#4	-2.53% Jun 15, 2026 - Jun 18, 2026	-0.46% Nov 12, 2025 - Nov 26, 2025
#5	N/A	-0.43% Sep 17, 2025 - Oct 7, 2025
#6	N/A	-0.37% Jan 16, 2026 - Jan 30, 2026
#7	N/A	-0.34% Aug 29, 2025 - Sep 3, 2025
#8	N/A	-0.26% Nov 4, 2025 - Nov 11, 2025
#9	N/A	-0.25% Oct 22, 2025 - Nov 4, 2025
#10	N/A	-0.13% Dec 29, 2025 - Jan 7, 2026
#11	N/A	-0.11% Aug 22, 2025 - Aug 28, 2025
#12	N/A	-0.11% Feb 10, 2026 - Feb 12, 2026
#13	N/A	-0.06% Feb 5, 2026 - Feb 9, 2026
#14	N/A	-0.05% Sep 11, 2025 - Sep 15, 2025
#15	N/A	-0.04% Feb 13, 2026 - Feb 19, 2026