NMI vs FMCX
Comparison between Nuveen Municipal Income Fund (NMI, ETF) and FM FOCUS EQUITY ETF (FMCX, ETF).
NMI vs FMCX - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
NMI
$120M
FMCX
$120M
Expense Ratio
NMI
N/A
FMCX
0.72%
Max Drawdown
NMI
37.13%
Winner
FMCX
18.54%
Sharpe Ratio
Winner
NMI
0.69
FMCX
0.34
5Y Beta
Winner
NMI
0.08
FMCX
0.76
P/E Ratio
NMI
N/A
FMCX
29.36
Forward P/E
NMI
N/A
FMCX
22.50
PEG Ratio
NMI
N/A
FMCX
0.73
5Y Dividends CAGR
NMI
4.68%
FMCX
N/A
5Y EPS CAGR
NMI
N/A
FMCX
16.22%
Debt to Equity
NMI
N/A
FMCX
-5.75%
P/S Ratio
NMI
N/A
FMCX
3.70
P/B Ratio
NMI
N/A
FMCX
5.22
NMI vs FMCX - Historical Returns
Returns include dividend reinvestment.
1M
Winner
NMI
+3.22%
FMCX
-2.49%
3M
NMI
-0.96%
Winner
FMCX
+2.97%
6M
Winner
NMI
+10.12%
FMCX
+1.76%
1Y
Winner
NMI
+14.60%
FMCX
+7.59%
5Y(CAGR)
NMI
+2.52%
Winner
FMCX
+10.00%
10Y(CAGR)
NMI
+2.19%
FMCX
N/A
Max(CAGR)
NMI
+4.82%
Winner
FMCX
+10.00%
NMI vs FMCX - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | NMI | FMCX |
|---|---|---|
| 2026 | +11.31% | +4.02% |
| 2025 | +9.47% | +11.52% |
| 2024 | +6.56% | +20.26% |
| 2023 | -1.27% | +22.02% |
| 2022 | -15.15% | -11.16% |
| 2021 | +4.22% | N/A |
| 2020 | +4.89% | N/A |
| 2019 | +14.75% | N/A |
| 2018 | -8.06% | N/A |
| 2017 | +7.78% | N/A |
| 2016 | -3.15% | N/A |
| 2015 | +5.68% | N/A |
| 2014 | +23.72% | N/A |
| 2013 | -13.55% | N/A |
| 2012 | +10.45% | N/A |
| 2011 | +18.12% | N/A |
| 2010 | -0.83% | N/A |
| 2009 | +18.46% | N/A |
| 2008 | -4.73% | N/A |
| 2007 | +3.15% | N/A |
| 2006 | +8.62% | N/A |
| 2005 | +10.00% | N/A |
| 2004 | +8.28% | N/A |
| 2003 | +2.33% | N/A |
| 2002 | -3.31% | N/A |
| 2001 | +0.15% | N/A |
| 2000 | +16.51% | N/A |
| 1999 | -3.48% | N/A |
NMI vs FMCX Drawdown Comparison
The maximum drawdown for NMI was -28.92%, occurring on Oct 24, 2022. Recovery took 890 trading sessions.
The maximum drawdown for FMCX was -17.70%, occurring on Apr 8, 2025. Recovery took 106 trading sessions.
The current NMI drawdown is -2.72%. The current FMCX drawdown is -3.72%.
| Rank | NMI | FMCX |
|---|---|---|
| #1 | -28.92% Dec 21, 2021 - Jul 11, 2025 | -17.70% Jan 23, 2025 - Jun 26, 2025 |
| #2 | -22.57% Mar 13, 2013 - Dec 11, 2014 | -17.33% Aug 16, 2022 - Jun 15, 2023 |
| #3 | -20.89% May 30, 2008 - Apr 27, 2009 | -15.15% Apr 25, 2022 - Aug 15, 2022 |
| #4 | -19.97% Mar 5, 2020 - Mar 30, 2020 | -12.59% Jan 12, 2026 - Apr 30, 2026 |
| #5 | -18.02% Apr 7, 2017 - Aug 15, 2019 | -11.66% Jul 25, 2023 - Nov 30, 2023 |
| #6 | -17.54% Aug 29, 2001 - May 20, 2003 | -6.71% Jul 16, 2024 - Aug 19, 2024 |
| #7 | -16.27% Oct 11, 2016 - Apr 7, 2017 | -6.22% Oct 6, 2025 - Jan 9, 2026 |
| #8 | -15.15% Nov 5, 2010 - Sep 30, 2011 | -6.01% Mar 21, 2024 - Jun 21, 2024 |
| #9 | -13.50% Mar 19, 2004 - Jan 24, 2005 | -5.84% Dec 6, 2024 - Jan 22, 2025 |
| #10 | -13.10% Mar 30, 2020 - Aug 31, 2020 | -4.32% Jun 30, 2026 - Jul 20, 2026 |
| #11 | -12.93% May 6, 2015 - Dec 22, 2015 | -4.26% Aug 30, 2024 - Sep 16, 2024 |
| #12 | -11.67% May 22, 2003 - Mar 19, 2004 | -4.21% Jun 1, 2026 - Jun 18, 2026 |
| #13 | -11.64% Nov 8, 1999 - Feb 16, 2000 | -3.86% Oct 18, 2024 - Nov 7, 2024 |
| #14 | -11.23% Aug 19, 2005 - Nov 30, 2006 | -3.09% May 8, 2026 - Jun 1, 2026 |
| #15 | -10.96% Apr 21, 2026 - Jun 10, 2026 | -2.62% Dec 15, 2023 - Jan 19, 2024 |
Correlation
Correlation between NMI and FMCX is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.
0.93
-101
Dividend Comparison (1999 - 2026)
NMI vs FMCX dividend yield comparison.
| Year | NMI | FMCX |
|---|---|---|
| 2026 | 2.46% | 0.08% |
| 2025 | 4.59% | 0.35% |
| 2024 | 4.63% | 2.12% |
| 2023 | 4.04% | 1.34% |
| 2022 | 3.51% | 1.19% |
| 2021 | 3.22% | 0.00% |
| 2020 | 3.53% | 0.00% |
| 2019 | 4.15% | 0.00% |
| 2018 | 5.12% | 0.00% |
| 2017 | 4.21% | 0.00% |
| 2016 | 4.45% | 0.00% |
| 2015 | 4.28% | 0.00% |
| 2014 | 4.53% | 0.00% |
| 2013 | 5.68% | 0.00% |
| 2012 | 4.31% | 0.00% |
| 2011 | 4.94% | 0.00% |
| 2010 | 5.51% | 0.00% |
| 2009 | 4.95% | 0.00% |
| 2008 | 5.31% | 0.00% |
| 2007 | 4.85% | 0.00% |
| 2006 | 4.80% | 0.00% |
| 2005 | 5.14% | 0.00% |
| 2004 | 5.38% | 0.00% |
| 2003 | 5.95% | 0.00% |
| 2002 | 6.08% | 0.00% |
| 2001 | 6.28% | 0.00% |
| 2000 | 6.13% | 0.00% |
| 1999 | 1.14% | 0.00% |
Select Stocks to Compare
Popular: NMI vs SPYFMCX vs SPY
More Comparisons
Compare with similar stocks