MFLX vs LDRI

Comparison between FIRST TRUST FLEXIBLE MUNICIPAL HIGH INCOME ETF (MFLX, ETF) and ISHARES IBONDS 1-5 YEAR TIPS LADDER ETF (LDRI, ETF).

5-Year PerformanceLDRI has outperformed MFLX, delivering a return of +1.3% compared to -0.1%

MFLX vs LDRI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MFLX(ETF)	LDRI(ETF)
Net Assets	$19M	$20M
Expense Ratio	0.75%	0.10%
Max Drawdown	29.72%	9.81%
Sharpe Ratio	1.29	0.48
5Y Beta	-0.05	-0.01
5Y Dividends CAGR	1.25%	N/A

Net Assets

MFLX

$19M

Winner

LDRI

$20M

Expense Ratio

MFLX

0.75%

Winner

LDRI

0.10%

Max Drawdown

MFLX

29.72%

Winner

LDRI

9.81%

Sharpe Ratio

Winner

MFLX

1.29

LDRI

0.48

5Y Beta

Winner

MFLX

-0.05

LDRI

-0.01

5Y Dividends CAGR

MFLX

1.25%

LDRI

N/A

MFLX vs LDRI - Historical Returns

Returns include dividend reinvestment.

Period	MFLX	LDRI
1 month	+0.88%	-0.16%
3 months	+2.16%	+1.01%
6 months	+3.76%	+2.08%
1 year	+8.72%	+4.54%
5 years(CAGR)	-0.12%	+1.29%
10 years(CAGR)	+2.15%	+1.76%
Max(CAGR)	+2.15%	+1.74%

Winner

MFLX

+0.88%

LDRI

-0.16%

Winner

MFLX

+2.16%

LDRI

+1.01%

Winner

MFLX

+3.76%

LDRI

+2.08%

Winner

MFLX

+8.72%

LDRI

+4.54%

5Y(CAGR)

MFLX

-0.12%

Winner

LDRI

+1.29%

10Y(CAGR)

Winner

MFLX

+2.15%

LDRI

+1.76%

Max(CAGR)

Winner

MFLX

+2.15%

LDRI

+1.74%

MFLX vs LDRI - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	MFLX	LDRI
2026	+3.30%	+2.05%
2025	+4.12%	+5.86%
2024	+4.73%	+0.10%
2023	+8.91%	N/A
2022	-19.65%	N/A
2021	+8.96%	N/A
2020	+7.00%	+0.88%
2019	+15.75%	+5.76%
2018	-4.71%	+1.04%
2017	+5.57%	+1.99%
2016	-7.63%	+2.23%
2015	N/A	-0.13%
2014	N/A	+0.61%

MFLX vs LDRI Drawdown Comparison

The maximum drawdown for MFLX was -26.76%, occurring on Mar 18, 2020. Recovery took 193 trading sessions.

The maximum drawdown for LDRI was -6.67%, occurring on Feb 11, 2015. Recovery took 1008 trading sessions.

The current MFLX drawdown is -3.69%. The current LDRI drawdown is -0.19%.

Rank	MFLX	LDRI
#1	-26.76% Feb 24, 2020 - Nov 25, 2020	-6.67% Feb 3, 2015 - Feb 5, 2019
#2	-25.88% Aug 24, 2021 - Oct 27, 2022	-1.40% Oct 13, 2014 - Dec 30, 2014
#3	-10.10% Sep 29, 2016 - Mar 26, 2019	-1.32% Dec 30, 2014 - Feb 3, 2015
#4	-4.45% Feb 11, 2021 - Apr 14, 2021	-1.17% Jun 24, 2019 - Jul 3, 2019
#5	-3.82% Sep 4, 2019 - Dec 11, 2019	-0.91% Sep 23, 2014 - Oct 9, 2014
#6	-1.54% Jul 12, 2021 - Jul 28, 2021	-0.85% Apr 3, 2025 - Apr 28, 2025
#7	-1.42% May 10, 2021 - May 26, 2021	-0.75% Apr 30, 2025 - Jun 23, 2025
#8	-1.05% Dec 11, 2020 - Dec 31, 2020	-0.70% Dec 6, 2024 - Jan 15, 2025
#9	-0.81% Apr 15, 2019 - May 2, 2019	-0.67% Mar 10, 2025 - Mar 28, 2025
#10	-0.73% Dec 31, 2020 - Jan 19, 2021	-0.59% Dec 22, 2025 - Jan 29, 2026
#11	-0.71% Dec 26, 2019 - Jan 7, 2020	-0.59% Oct 9, 2019 - Dec 11, 2019
#12	-0.69% Jun 10, 2021 - Jun 28, 2021	-0.57% Mar 18, 2026 - Apr 9, 2026
#13	-0.69% Dec 11, 2019 - Dec 26, 2019	-0.55% Aug 23, 2019 - Sep 24, 2019
#14	-0.67% Aug 4, 2021 - Aug 10, 2021	-0.54% Jun 30, 2025 - Jul 21, 2025
#15	-0.62% Aug 20, 2019 - Aug 28, 2019	-0.52% Aug 5, 2019 - Aug 20, 2019

Correlation

Correlation between MFLX and LDRI is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97

-101

Dividend Comparison (2014 - 2026)

MFLX vs LDRI dividend yield comparison.

Year	MFLX	LDRI
2026	1.74%	0.25%
2025	4.06%	4.23%
2024	3.81%	0.83%
2023	3.65%	0.00%
2022	4.27%	0.00%
2021	3.69%	0.00%
2020	3.21%	2.55%
2019	2.94%	2.52%
2018	3.74%	2.23%
2017	3.80%	1.86%
2016	0.98%	1.78%
2015	0.00%	1.53%
2014	0.00%	0.29%