MMU vs QSPT

Comparison between Western Asset Managed Municipals Fund Inc (MMU, ETF) and FT VEST NASDAQ-100 BUFFER ETF - SEPTEMBER (QSPT, ETF).

5-Year PerformanceQSPT has outperformed MMU, delivering a return of +12.1% compared to -0.6%

MMU vs QSPT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MMU(ETF)	QSPT(ETF)
Net Assets	$598M	$596M
Expense Ratio	N/A	0.90%
Max Drawdown	46.70%	22.64%
Sharpe Ratio	0.77	1.49
5Y Beta	0.18	0.72
5Y Dividends CAGR	5.88%	N/A

Net Assets

Winner

MMU

$598M

QSPT

$596M

Expense Ratio

MMU

N/A

QSPT

0.90%

Max Drawdown

MMU

46.70%

Winner

QSPT

22.64%

Sharpe Ratio

MMU

0.77

Winner

QSPT

1.49

5Y Beta

Winner

MMU

0.18

QSPT

0.72

5Y Dividends CAGR

MMU

5.88%

QSPT

N/A

MMU vs QSPT - Historical Returns

Returns include dividend reinvestment.

Period	MMU	QSPT
1 month	+0.15%	+1.34%
3 months	-1.96%	+8.33%
6 months	-0.42%	+7.89%
1 year	+10.31%	+19.68%
5 years(CAGR)	-0.57%	+12.10%
10 years(CAGR)	+1.22%	N/A
Max(CAGR)	+5.83%	+12.10%

MMU

+0.15%

Winner

QSPT

+1.34%

MMU

-1.96%

Winner

QSPT

+8.33%

MMU

-0.42%

Winner

QSPT

+7.89%

MMU

+10.31%

Winner

QSPT

+19.68%

5Y(CAGR)

MMU

-0.57%

Winner

QSPT

+12.10%

10Y(CAGR)

MMU

+1.22%

QSPT

N/A

Max(CAGR)

MMU

+5.83%

Winner

QSPT

+12.10%

MMU vs QSPT - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	MMU	QSPT
2026	-0.46%	+8.26%
2025	+6.96%	+14.68%
2024	+5.34%	+17.55%
2023	+4.91%	+43.15%
2022	-19.58%	-20.72%
2021	+6.24%	+4.49%
2020	+0.29%	N/A
2019	+5.60%	N/A
2018	-4.82%	N/A
2017	+8.30%	N/A
2016	+1.72%	N/A
2015	+10.34%	N/A
2014	+18.47%	N/A
2013	-11.35%	N/A
2012	+14.07%	N/A
2011	+20.27%	N/A
2010	+3.61%	N/A
2009	+37.35%	N/A
2008	-9.63%	N/A
2007	+3.15%	N/A
2006	+10.06%	N/A
2005	+3.14%	N/A
2004	+0.27%	N/A
2003	+14.43%	N/A
2002	+8.40%	N/A
2001	+7.38%	N/A
2000	+16.78%	N/A
1999	-6.08%	N/A

MMU vs QSPT Drawdown Comparison

The maximum drawdown for MMU was -34.50%, occurring on Mar 18, 2020. This drawdown has not yet recovered.

The maximum drawdown for QSPT was -22.64%, occurring on Oct 14, 2022. Recovery took 368 trading sessions.

The current MMU drawdown is -7.32%. The current QSPT drawdown is -1.47%.

Rank	MMU	QSPT
#1	-34.50% Aug 8, 2019 - Mar 18, 2020	-22.64% Dec 27, 2021 - Jun 14, 2023
#2	-32.11% May 28, 2008 - Apr 21, 2009	-15.38% Feb 19, 2025 - Jun 3, 2025
#3	-26.42% Nov 26, 2012 - Mar 4, 2015	-7.23% Jan 28, 2026 - Apr 14, 2026
#4	-16.43% Dec 20, 2017 - Feb 26, 2019	-4.76% Oct 11, 2023 - Nov 3, 2023
#5	-14.63% Aug 23, 2016 - Dec 20, 2017	-4.42% Jul 10, 2024 - Aug 15, 2024
#6	-13.52% Sep 10, 2010 - Sep 7, 2011	-4.42% Oct 29, 2025 - Jan 6, 2026
#7	-12.27% Mar 8, 2004 - Nov 26, 2004	-3.46% Sep 24, 2021 - Oct 18, 2021
#8	-9.50% Feb 9, 2012 - May 3, 2012	-3.39% Apr 11, 2024 - May 6, 2024
#9	-8.49% Nov 16, 1999 - Jun 22, 2000	-3.31% Nov 19, 2021 - Dec 27, 2021
#10	-7.74% Oct 6, 2009 - Jan 14, 2010	-3.05% Sep 15, 2023 - Oct 11, 2023
#11	-7.60% Apr 24, 2015 - Jul 29, 2015	-2.38% Dec 16, 2024 - Jan 22, 2025
#12	-7.25% Sep 7, 2001 - Nov 7, 2001	-2.17% Oct 8, 2025 - Oct 20, 2025
#13	-7.17% Jul 27, 2012 - Sep 21, 2012	-2.08% Dec 28, 2023 - Jan 11, 2024
#14	-7.06% May 14, 2007 - Jan 3, 2008	-2.07% Jul 18, 2023 - Aug 29, 2023
#15	-6.87% Oct 2, 2002 - May 14, 2003	-2.03% Jan 13, 2026 - Jan 26, 2026