MHF vs FRTY

Comparison between Western Asset Municipal High Income Fund Inc (MHF, ETF) and ALGER MID CAP 40 ETF (FRTY, ETF).

5-Year PerformanceFRTY has outperformed MHF, delivering a return of +3.1% compared to +1.4%

MHF vs FRTY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MHF(ETF)	FRTY(ETF)
Net Assets	$154M	$154M
Expense Ratio	N/A	0.60%
Max Drawdown	35.92%	55.59%
Sharpe Ratio	0.35	0.51
5Y Beta	0.20	1.28
P/E Ratio	N/A	101.44
Forward P/E	N/A	37.95
PEG Ratio	N/A	0.41
5Y Dividends CAGR	10.64%	N/A
5Y EPS CAGR	N/A	16.91%
Debt to Equity	N/A	-10.63%
P/S Ratio	N/A	7.50
P/B Ratio	N/A	8.18

Net Assets

MHF

$154M

FRTY

$154M

Expense Ratio

MHF

N/A

FRTY

0.60%

Max Drawdown

Winner

MHF

35.92%

FRTY

55.59%

Sharpe Ratio

MHF

0.35

Winner

FRTY

0.51

5Y Beta

Winner

MHF

0.20

FRTY

1.28

P/E Ratio

MHF

N/A

FRTY

101.44

Forward P/E

MHF

N/A

FRTY

37.95

PEG Ratio

MHF

N/A

FRTY

0.41

5Y Dividends CAGR

MHF

10.64%

FRTY

N/A

5Y EPS CAGR

MHF

N/A

FRTY

16.91%

Debt to Equity

MHF

N/A

FRTY

-10.63%

P/S Ratio

MHF

N/A

FRTY

7.50

P/B Ratio

MHF

N/A

FRTY

8.18

MHF vs FRTY - Historical Returns

Returns include dividend reinvestment.

Period	MHF	FRTY
1 month	+0.50%	-6.35%
3 months	+0.91%	+8.04%
6 months	+3.02%	+2.88%
1 year	+8.12%	+18.49%
5 years(CAGR)	+1.43%	+3.09%
10 years(CAGR)	+2.71%	N/A
Max(CAGR)	+4.94%	+2.81%

Winner

MHF

+0.50%

FRTY

-6.35%

MHF

+0.91%

Winner

FRTY

+8.04%

Winner

MHF

+3.02%

FRTY

+2.88%

MHF

+8.12%

Winner

FRTY

+18.49%

5Y(CAGR)

MHF

+1.43%

Winner

FRTY

+3.09%

10Y(CAGR)

MHF

+2.71%

FRTY

N/A

Max(CAGR)

Winner

MHF

+4.94%

FRTY

+2.81%

MHF vs FRTY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	MHF	FRTY
2026	+3.92%	+5.52%
2025	+5.62%	+11.40%
2024	+11.13%	+40.62%
2023	+3.08%	+16.21%
2022	-17.27%	-42.24%
2021	+10.73%	+2.18%
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 FRTY Drawdown Comparison

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

The maximum drawdown for FRTY was -53.10%, occurring on Oct 14, 2022. Recovery took 1144 trading sessions.

The current MHF drawdown is -4.76%. The current FRTY drawdown is -8.80%.

Rank	MHF	FRTY
#1	-29.95% Jul 9, 2008 - Feb 26, 2010	-53.10% Nov 8, 2021 - Jun 2, 2026
#2	-26.72% Oct 25, 2021 - Feb 19, 2025	-11.62% Apr 28, 2021 - Jun 24, 2021
#3	-24.97% Feb 25, 2020 - Jan 26, 2021	-11.41% Jun 30, 2026 - Jul 20, 2026
#4	-24.71% Sep 26, 2012 - Dec 2, 2015	-9.54% Sep 23, 2021 - Nov 1, 2021
#5	-14.28% May 12, 2016 - Sep 19, 2017	-8.45% Mar 15, 2021 - Apr 26, 2021
#6	-14.13% Sep 28, 2010 - Sep 9, 2011	-8.37% Jun 2, 2026 - Jun 18, 2026
#7	-13.32% Mar 25, 2025 - Sep 19, 2025	-7.52% Mar 1, 2021 - Mar 15, 2021
#8	-13.25% Nov 12, 1999 - Jul 5, 2000	-6.78% Jul 6, 2021 - Jul 28, 2021
#9	-12.46% May 10, 2007 - May 30, 2008	-3.02% Sep 7, 2021 - Sep 16, 2021
#10	-11.92% Aug 24, 2001 - Jun 13, 2003	-3.00% Aug 5, 2021 - Aug 12, 2021
#11	-10.85% Mar 23, 2004 - May 26, 2005	-2.89% Aug 12, 2021 - Aug 23, 2021
#12	-9.99% Sep 19, 2017 - May 23, 2019	-2.85% Jun 22, 2026 - Jun 29, 2026
#13	-9.96% Sep 19, 2025 - Mar 27, 2026	-2.57% Sep 17, 2021 - Sep 22, 2021
#14	-9.23% Feb 27, 2012 - May 1, 2012	-1.34% Jun 28, 2021 - Jul 6, 2021
#15	-8.80% Jul 1, 2021 - Oct 25, 2021	-1.22% Jul 29, 2021 - Aug 4, 2021

Correlation

Correlation between MHF and FRTY is 0.89 which considered as a strong positive correlation - the stocks tend to move together.

0.89

-101

Dividend Comparison (1999 - 2026)

MHF vs FRTY dividend yield comparison.

Year	MHF	FRTY
2026	2.95%	0.00%
2025	5.93%	0.19%
2024	5.65%	0.10%
2023	3.78%	0.00%
2022	3.72%	0.00%
2021	3.23%	5.35%
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%