MFM vs XES

Comparison between MFS Municipal Income Trust (MFM, ETF) and STATE STREET(R) SPDR(R) S&P(R) OIL & GAS EQUIPMENT & SERVICES ETF (XES, ETF).

5-Year PerformanceXES has outperformed MFM, delivering a return of +17.0% compared to -0.5%

MFM vs XES - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MFM(ETF)	XES(ETF)
Net Assets	$464M	$467M
Expense Ratio	N/A	0.35%
Max Drawdown	59.26%	96.13%
Sharpe Ratio	1.07	1.97
5Y Beta	0.16	1.21
P/E Ratio	N/A	2.58
Forward P/E	N/A	16.35
5Y Dividends CAGR	0.16%	8.97%
Debt to Equity	N/A	57.12%
P/S Ratio	N/A	1.44
P/B Ratio	N/A	1.88

Net Assets

MFM

$464M

Winner

XES

$467M

Expense Ratio

MFM

N/A

XES

0.35%

Max Drawdown

Winner

MFM

59.26%

XES

96.13%

Sharpe Ratio

MFM

1.07

Winner

XES

1.97

5Y Beta

Winner

MFM

0.16

XES

1.21

P/E Ratio

MFM

N/A

XES

2.58

Forward P/E

MFM

N/A

XES

16.35

5Y Dividends CAGR

MFM

0.16%

Winner

XES

8.97%

Debt to Equity

MFM

N/A

XES

57.12%

P/S Ratio

MFM

N/A

XES

1.44

P/B Ratio

MFM

N/A

XES

1.88

MFM vs XES - Historical Returns

Returns include dividend reinvestment.

Period	MFM	XES
1 month	+0.97%	-0.03%
3 months	+3.39%	-2.72%
6 months	+3.89%	+20.45%
1 year	+15.16%	+82.57%
5 years(CAGR)	-0.48%	+17.04%
10 years(CAGR)	+1.92%	-3.37%
Max(CAGR)	+5.08%	-3.39%

Winner

MFM

+0.97%

XES

-0.03%

Winner

MFM

+3.39%

XES

-2.72%

MFM

+3.89%

Winner

XES

+20.45%

MFM

+15.16%

Winner

XES

+82.57%

5Y(CAGR)

MFM

-0.48%

Winner

XES

+17.04%

10Y(CAGR)

Winner

MFM

+1.92%

XES

-3.37%

Max(CAGR)

Winner

MFM

+5.08%

XES

-3.39%

MFM vs XES - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	MFM	XES
2026	+6.30%	+35.66%
2025	+6.36%	+3.14%
2024	+7.72%	-4.25%
2023	+4.52%	+13.12%
2022	-21.84%	+51.13%
2021	+9.78%	+10.31%
2020	-1.42%	-43.49%
2019	+16.86%	-11.19%
2018	-5.41%	-47.99%
2017	+8.63%	-23.97%
2016	+1.49%	+26.40%
2015	+8.74%	-37.08%
2014	+13.39%	-33.64%
2013	-14.36%	+23.60%
2012	+14.85%	-3.16%
2011	+18.24%	-5.35%
2010	+0.65%	+25.70%
2009	+70.75%	+57.07%
2008	-36.78%	-58.54%
2007	-13.70%	+45.43%
2006	+11.48%	+4.12%
2005	+9.19%	N/A
2004	+8.26%	N/A
2003	+13.39%	N/A
2002	-1.94%	N/A
2001	+10.39%	N/A
2000	+13.66%	N/A
1999	-7.97%	N/A

MFM vs XES Drawdown Comparison

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

The maximum drawdown for XES was -95.65%, occurring on Mar 18, 2020. This drawdown has not yet recovered.

The current MFM drawdown is -5.42%. The current XES drawdown is -72.82%.

Rank	MFM	XES
#1	-54.24% Apr 2, 2007 - Apr 7, 2010	-95.65% Jun 23, 2008 - Mar 18, 2020
#2	-34.38% Jul 29, 2021 - Oct 27, 2023	-20.51% Jul 3, 2006 - Dec 14, 2006
#3	-29.37% Feb 14, 2020 - May 6, 2021	-17.98% Jan 3, 2008 - Apr 14, 2008
#4	-24.74% Oct 1, 2012 - Dec 24, 2015	-15.62% Dec 14, 2006 - Mar 26, 2007
#5	-15.37% Mar 25, 2004 - Oct 27, 2004	-13.81% Jul 23, 2007 - Sep 19, 2007
#6	-15.26% Oct 29, 2010 - Sep 12, 2011	-12.31% Oct 15, 2007 - Jan 3, 2008
#7	-13.45% Nov 4, 1999 - Jun 2, 2000	-6.47% Apr 21, 2008 - May 8, 2008
#8	-12.02% Jul 8, 2016 - Jun 6, 2017	-4.97% May 20, 2008 - Jun 9, 2008
#9	-11.92% Sep 17, 2001 - Oct 4, 2002	-4.70% Jun 4, 2007 - Jun 14, 2007
#10	-11.67% Jul 13, 2017 - Feb 20, 2019	-3.68% Jun 9, 2008 - Jun 17, 2008
#11	-10.96% Aug 31, 2000 - Jan 4, 2001	-3.66% Apr 16, 2007 - Apr 25, 2007
#12	-10.86% Oct 4, 2002 - May 9, 2003	-3.59% May 21, 2007 - Jun 4, 2007
#13	-10.56% Jun 11, 2003 - Jan 6, 2004	-3.51% Jun 22, 2007 - Jul 6, 2007
#14	-9.57% Sep 13, 2005 - Jan 19, 2006	-3.28% Sep 21, 2007 - Oct 10, 2007
#15	-8.19% Feb 11, 2005 - May 11, 2005	-2.65% Jul 12, 2007 - Jul 19, 2007

Correlation

Correlation between MFM and XES is -0.73 which considered as a strong negative correlation - the stocks tend to move in opposite directions.

-0.73

-101

Dividend Comparison (2000 - 2026)

MFM vs XES dividend yield comparison.

Year	MFM	XES
2026	3.15%	0.55%
2025	5.08%	1.69%
2024	4.65%	1.32%
2023	4.12%	0.66%
2022	4.85%	0.36%
2021	4.34%	1.81%
2020	4.70%	1.33%
2019	4.71%	1.43%
2018	5.91%	1.14%
2017	5.62%	1.68%
2016	5.72%	0.64%
2015	5.76%	2.47%
2014	6.04%	1.59%
2013	7.08%	0.63%
2012	6.31%	0.73%
2011	7.09%	0.29%
2010	7.86%	0.86%
2009	7.32%	0.62%
2008	11.29%	1.05%
2007	6.82%	0.47%
2006	5.82%	0.05%
2005	6.93%	0.00%
2004	7.10%	0.00%
2003	7.04%	0.00%
2002	7.38%	0.00%
2001	6.92%	0.00%
2000	3.01%	0.00%