MHF vs FRNW

Comparison between Western Asset Municipal High Income Fund Inc (MHF, ETF) and FIDELITY CLEAN ENERGY ETF (FRNW, ETF).

5-Year PerformanceMHF has outperformed FRNW, delivering a return of +1.4% compared to -0.9%

MHF vs FRNW - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MHF(ETF)	FRNW(ETF)
Net Assets	$154M	$154M
Expense Ratio	N/A	0.39%
Max Drawdown	35.92%	60.67%
Sharpe Ratio	0.35	1.24
5Y Beta	0.20	0.88
P/E Ratio	N/A	-3.28
Forward P/E	N/A	19.26
PEG Ratio	N/A	-0.00
5Y Dividends CAGR	10.64%	N/A
Debt to Equity	N/A	-148.85%
P/S Ratio	N/A	0.58
P/B Ratio	N/A	3.72

Net Assets

Winner

MHF

$154M

FRNW

$154M

Expense Ratio

MHF

N/A

FRNW

0.39%

Max Drawdown

Winner

MHF

35.92%

FRNW

60.67%

Sharpe Ratio

MHF

0.35

Winner

FRNW

1.24

5Y Beta

Winner

MHF

0.20

FRNW

0.88

P/E Ratio

MHF

N/A

FRNW

-3.28

Forward P/E

MHF

N/A

FRNW

19.26

PEG Ratio

MHF

N/A

FRNW

-0.00

5Y Dividends CAGR

MHF

10.64%

FRNW

N/A

Debt to Equity

MHF

N/A

FRNW

-148.85%

P/S Ratio

MHF

N/A

FRNW

0.58

P/B Ratio

MHF

N/A

FRNW

3.72

MHF vs FRNW - Historical Returns

Returns include dividend reinvestment.

Period	MHF	FRNW
1 month	+0.50%	-8.53%
3 months	+0.91%	-1.68%
6 months	+3.02%	+7.03%
1 year	+8.12%	+38.01%
5 years(CAGR)	+1.43%	-0.91%
10 years(CAGR)	+2.71%	N/A
Max(CAGR)	+4.94%	-0.91%

Winner

MHF

+0.50%

FRNW

-8.53%

Winner

MHF

+0.91%

FRNW

-1.68%

MHF

+3.02%

Winner

FRNW

+7.03%

MHF

+8.12%

Winner

FRNW

+38.01%

5Y(CAGR)

Winner

MHF

+1.43%

FRNW

-0.91%

10Y(CAGR)

MHF

+2.71%

FRNW

N/A

Max(CAGR)

Winner

MHF

+4.94%

FRNW

-0.91%

MHF vs FRNW - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	MHF	FRNW
2026	+3.92%	+9.70%
2025	+5.62%	+48.65%
2024	+11.13%	-19.59%
2023	+3.08%	-19.15%
2022	-17.27%	-12.49%
2021	+10.73%	-2.85%
2020	+2.74%	N/A
2019	+11.83%	N/A
2018	-2.40%	N/A
2017	+7.69%	N/A
2016	-4.81%	N/A
2015	+6.80%	N/A
2014	+20.30%	N/A
2013	-12.41%	N/A
2012	+6.95%	N/A
2011	+16.94%	N/A
2010	+3.58%	N/A
2009	+18.79%	N/A
2008	-6.14%	N/A
2007	-3.49%	N/A
2006	+15.59%	N/A
2005	+6.05%	N/A
2004	-0.82%	N/A
2003	+9.44%	N/A
2002	-2.15%	N/A
2001	+2.25%	N/A
2000	+21.56%	N/A
1999	-5.06%	N/A

MHF vs FRNW Drawdown Comparison

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

The maximum drawdown for FRNW was -59.37%, occurring on Apr 8, 2025. This drawdown has not yet recovered.

The current MHF drawdown is -4.76%. The current FRNW drawdown is -17.26%.

Rank	MHF	FRNW
#1	-29.95% Jul 9, 2008 - Feb 26, 2010	-59.37% Nov 1, 2021 - Apr 8, 2025
#2	-26.72% Oct 25, 2021 - Feb 19, 2025	-1.71% Oct 7, 2021 - Oct 12, 2021
#3	-24.97% Feb 25, 2020 - Jan 26, 2021	-1.39% Oct 21, 2021 - Oct 25, 2021
#4	-24.71% Sep 26, 2012 - Dec 2, 2015	-0.52% Oct 25, 2021 - Oct 27, 2021
#5	-14.28% May 12, 2016 - Sep 19, 2017	-0.26% Oct 28, 2021 - Nov 1, 2021
#6	-14.13% Sep 28, 2010 - Sep 9, 2011	-0.19% Oct 15, 2021 - Oct 19, 2021
#7	-13.32% Mar 25, 2025 - Sep 19, 2025	N/A
#8	-13.25% Nov 12, 1999 - Jul 5, 2000	N/A
#9	-12.46% May 10, 2007 - May 30, 2008	N/A
#10	-11.92% Aug 24, 2001 - Jun 13, 2003	N/A
#11	-10.85% Mar 23, 2004 - May 26, 2005	N/A
#12	-9.99% Sep 19, 2017 - May 23, 2019	N/A
#13	-9.96% Sep 19, 2025 - Mar 27, 2026	N/A
#14	-9.23% Feb 27, 2012 - May 1, 2012	N/A
#15	-8.80% Jul 1, 2021 - Oct 25, 2021	N/A

Correlation

Correlation between MHF and FRNW is 0.07 which considered as a very weak or no correlation - the stocks move independently of each other.

0.07

-101

Dividend Comparison (1999 - 2026)

MHF vs FRNW dividend yield comparison.

Year	MHF	FRNW
2026	2.95%	0.67%
2025	5.93%	1.25%
2024	5.65%	1.43%
2023	3.78%	1.30%
2022	3.72%	0.69%
2021	3.23%	0.04%
2020	3.75%	0.00%
2019	4.02%	0.00%
2018	4.42%	0.00%
2017	4.14%	0.00%
2016	4.53%	0.00%
2015	4.45%	0.00%
2014	4.73%	0.00%
2013	5.59%	0.00%
2012	5.13%	0.00%
2011	5.57%	0.00%
2010	6.14%	0.00%
2009	5.98%	0.00%
2008	6.66%	0.00%
2007	5.66%	0.00%
2006	4.92%	0.00%
2005	6.10%	0.00%
2004	7.38%	0.00%
2003	7.22%	0.00%
2002	7.46%	0.00%
2001	7.17%	0.00%
2000	7.16%	0.00%
1999	1.34%	0.00%