MMU vs SEEM

Comparison between Western Asset Managed Municipals Fund Inc (MMU, ETF) and SEI SELECT EMERGING MARKETS EQUITY ETF (SEEM, ETF).

MMU vs SEEM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MMU(ETF)	SEEM(ETF)
Net Assets	$600M	$599M
Expense Ratio	N/A	0.60%
Max Drawdown	46.70%	14.84%
Sharpe Ratio	0.82	1.89
5Y Beta	0.18	0.83
5Y Dividends CAGR	5.88%	N/A

Net Assets

Winner

MMU

$600M

SEEM

$599M

Expense Ratio

MMU

N/A

SEEM

0.60%

Max Drawdown

MMU

46.70%

Winner

SEEM

14.84%

Sharpe Ratio

MMU

0.82

Winner

SEEM

1.89

5Y Beta

Winner

MMU

0.18

SEEM

0.83

5Y Dividends CAGR

MMU

5.88%

SEEM

N/A

MMU vs SEEM - Historical Returns

Returns include dividend reinvestment.

Period	MMU	SEEM
1 month	+1.23%	+3.89%
3 months	-0.51%	+21.50%
6 months	+1.64%	+31.38%
1 year	+10.04%	+52.09%
5 years(CAGR)	-0.31%	N/A
10 years(CAGR)	+1.28%	N/A
Max(CAGR)	+5.88%	+34.81%

MMU

+1.23%

Winner

SEEM

+3.89%

MMU

-0.51%

Winner

SEEM

+21.50%

MMU

+1.64%

Winner

SEEM

+31.38%

MMU

+10.04%

Winner

SEEM

+52.09%

5Y(CAGR)

MMU

-0.31%

SEEM

N/A

10Y(CAGR)

MMU

+1.28%

SEEM

N/A

Max(CAGR)

MMU

+5.88%

Winner

SEEM

+34.81%

MMU vs SEEM - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	MMU	SEEM
2026	+0.91%	+24.64%
2025	+6.96%	+38.43%
2024	+5.34%	-6.86%
2023	+4.91%	N/A
2022	-19.58%	N/A
2021	+6.24%	N/A
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 SEEM 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 SEEM was -14.33%, occurring on Apr 8, 2025. Recovery took 33 trading sessions.

The current MMU drawdown is -6.04%. The current SEEM drawdown is -3.41%.

Rank	MMU	SEEM
#1	-34.50% Aug 8, 2019 - Mar 18, 2020	-14.33% Mar 17, 2025 - May 2, 2025
#2	-32.11% May 28, 2008 - Apr 21, 2009	-14.01% Feb 25, 2026 - Apr 17, 2026
#3	-26.42% Nov 26, 2012 - Mar 4, 2015	-9.42% Oct 11, 2024 - Feb 20, 2025
#4	-16.43% Dec 20, 2017 - Feb 26, 2019	-8.30% Jun 2, 2026 - Jun 5, 2026
#5	-14.63% Aug 23, 2016 - Dec 20, 2017	-5.30% May 11, 2026 - May 26, 2026
#6	-13.52% Sep 10, 2010 - Sep 7, 2011	-4.73% Oct 8, 2025 - Oct 20, 2025
#7	-12.27% Mar 8, 2004 - Nov 26, 2004	-4.66% Feb 20, 2025 - Mar 17, 2025
#8	-9.50% Feb 9, 2012 - May 3, 2012	-4.47% Oct 29, 2025 - Dec 24, 2025
#9	-8.49% Nov 16, 1999 - Jun 22, 2000	-3.45% Jul 23, 2025 - Aug 12, 2025
#10	-7.74% Oct 6, 2009 - Jan 14, 2010	-3.05% Jan 28, 2026 - Feb 9, 2026
#11	-7.60% Apr 24, 2015 - Jul 29, 2015	-2.29% Apr 17, 2026 - Apr 30, 2026
#12	-7.25% Sep 7, 2001 - Nov 7, 2001	-2.29% May 20, 2025 - Jun 4, 2025
#13	-7.17% Jul 27, 2012 - Sep 21, 2012	-2.27% Jun 11, 2025 - Jun 24, 2025
#14	-7.06% May 14, 2007 - Jan 3, 2008	-1.82% Sep 17, 2025 - Oct 1, 2025
#15	-6.87% Oct 2, 2002 - May 14, 2003	-1.78% Aug 22, 2025 - Sep 8, 2025

Correlation

Correlation between MMU and SEEM is 0.86 which considered as a strong positive correlation - the stocks tend to move together.

0.86

-101

Dividend Comparison (1999 - 2026)

MMU vs SEEM dividend yield comparison.

Year	MMU	SEEM
2026	2.65%	0.25%
2025	6.26%	3.31%
2024	6.16%	0.31%
2023	4.36%	0.00%
2022	4.65%	0.00%
2021	3.88%	0.00%
2020	4.21%	0.00%
2019	4.96%	0.00%
2018	5.68%	0.00%
2017	5.37%	0.00%
2016	5.67%	0.00%
2015	5.50%	0.00%
2014	5.74%	0.00%
2013	6.39%	0.00%
2012	5.43%	0.00%
2011	5.82%	0.00%
2010	6.40%	0.00%
2009	5.29%	0.00%
2008	5.79%	0.00%
2007	4.97%	0.00%
2006	5.16%	0.00%
2005	5.54%	0.00%
2004	6.35%	0.00%
2003	6.10%	0.00%
2002	5.87%	0.00%
2001	5.77%	0.00%
2000	6.04%	0.00%
1999	1.10%	0.00%