PATN vs CXE

Comparison between PACER NASDAQ INTERNATIONAL PATENT LEADERS ETF (PATN, ETF) and MFS High Income Municipal Trust (CXE, ETF).

PATN vs CXE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PATN(ETF)	CXE(ETF)
Net Assets	$129M	$129M
Expense Ratio	0.65%	N/A
Max Drawdown	16.77%	63.84%
Sharpe Ratio	2.07	0.77
5Y Beta	0.88	0.13
5Y Dividends CAGR	N/A	-0.28%

Net Assets

Winner

PATN

$129M

CXE

$129M

Expense Ratio

PATN

0.65%

CXE

N/A

Max Drawdown

Winner

PATN

16.77%

CXE

63.84%

Sharpe Ratio

Winner

PATN

2.07

CXE

0.77

5Y Beta

PATN

0.88

Winner

CXE

0.13

5Y Dividends CAGR

PATN

N/A

CXE

-0.28%

PATN vs CXE - Historical Returns

Returns include dividend reinvestment.

Period	PATN	CXE
1 month	+6.73%	-0.51%
3 months	+25.52%	-1.68%
6 months	+37.61%	+1.60%
1 year	+61.26%	+11.23%
5 years(CAGR)	N/A	-2.59%
10 years(CAGR)	N/A	+1.34%
Max(CAGR)	+42.77%	+4.19%

Winner

PATN

+6.73%

CXE

-0.51%

Winner

PATN

+25.52%

CXE

-1.68%

Winner

PATN

+37.61%

CXE

+1.60%

Winner

PATN

+61.26%

CXE

+11.23%

5Y(CAGR)

PATN

N/A

CXE

-2.59%

10Y(CAGR)

PATN

N/A

CXE

+1.34%

Max(CAGR)

Winner

PATN

+42.77%

CXE

+4.19%

PATN vs CXE - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	PATN	CXE
2026	+31.47%	+1.94%
2025	+40.63%	+6.29%
2024	-1.73%	+6.49%
2023	N/A	+5.19%
2022	N/A	-27.57%
2021	N/A	+7.05%
2020	N/A	-1.56%
2019	N/A	+17.75%
2018	N/A	-7.61%
2017	N/A	+12.89%
2016	N/A	+4.82%
2015	N/A	+8.46%
2014	N/A	+14.53%
2013	N/A	-14.04%
2012	N/A	+11.07%
2011	N/A	+21.82%
2010	N/A	+4.70%
2009	N/A	+75.31%
2008	N/A	-43.87%
2007	N/A	-16.27%
2006	N/A	+9.01%
2005	N/A	+11.02%
2004	N/A	+5.77%
2003	N/A	+9.75%
2002	N/A	+7.15%
2001	N/A	+3.46%
2000	N/A	-0.89%
1999	N/A	+0.00%

PATN vs CXE Drawdown Comparison

The maximum drawdown for PATN was -16.77%, occurring on Apr 8, 2025. Recovery took 42 trading sessions.

The maximum drawdown for CXE was -56.75%, occurring on Dec 16, 2008. Recovery took 1103 trading sessions.

The current PATN drawdown is -4.50%. The current CXE drawdown is -14.38%.

Rank	PATN	CXE
#1	-16.77% Mar 19, 2025 - May 19, 2025	-56.75% Mar 23, 2006 - Aug 10, 2010
#2	-14.40% Feb 27, 2026 - Apr 24, 2026	-39.20% Aug 27, 2021 - Oct 19, 2023
#3	-9.91% Sep 26, 2024 - Feb 18, 2025	-34.08% Feb 25, 2020 - May 4, 2021
#4	-8.68% Jun 2, 2026 - Jun 10, 2026	-24.27% Sep 28, 2012 - Nov 30, 2015
#5	-6.72% Oct 27, 2025 - Jan 2, 2026	-14.93% Sep 2, 2010 - Sep 29, 2011
#6	-4.74% Oct 6, 2025 - Oct 20, 2025	-14.57% Mar 9, 2004 - Oct 12, 2004
#7	-4.31% May 14, 2026 - May 26, 2026	-14.03% Sep 8, 2000 - Jan 5, 2001
#8	-4.12% Jul 23, 2025 - Aug 12, 2025	-13.94% Jul 8, 2016 - Jul 3, 2017
#9	-3.29% Jun 12, 2025 - Jun 26, 2025	-11.93% Nov 5, 1999 - Sep 8, 2000
#10	-3.00% Mar 7, 2025 - Mar 17, 2025	-11.51% Nov 28, 2017 - Mar 29, 2019
#11	-2.85% Feb 20, 2025 - Mar 5, 2025	-10.76% Aug 1, 2019 - Feb 24, 2020
#12	-2.69% Jan 27, 2026 - Feb 6, 2026	-9.79% Sep 17, 2002 - Apr 23, 2003
#13	-2.53% May 11, 2026 - May 13, 2026	-8.57% Aug 29, 2001 - Feb 22, 2002
#14	-2.37% Aug 22, 2025 - Sep 8, 2025	-7.96% Feb 14, 2005 - Sep 28, 2005
#15	-2.06% Oct 20, 2025 - Oct 27, 2025	-7.85% Jan 16, 2001 - Aug 16, 2001

Correlation

Correlation between PATN and CXE is 0.71 which considered as a strong positive correlation - the stocks tend to move together.

0.71

-101

Dividend Comparison (2000 - 2026)

PATN vs CXE dividend yield comparison.

Year	PATN	CXE
2026	0.14%	3.36%
2025	2.25%	5.59%
2024	0.30%	4.97%
2023	0.00%	4.39%
2022	0.00%	5.70%
2021	0.00%	4.74%
2020	0.00%	4.86%
2019	0.00%	4.73%
2018	0.00%	6.17%
2017	0.00%	5.72%
2016	0.00%	6.04%
2015	0.00%	6.27%
2014	0.00%	6.39%
2013	0.00%	7.25%
2012	0.00%	6.67%
2011	0.00%	7.23%
2010	0.00%	8.26%
2009	0.00%	7.56%
2008	0.00%	11.99%
2007	0.00%	6.42%
2006	0.00%	6.32%
2005	0.00%	6.70%
2004	0.00%	7.87%
2003	0.00%	7.59%
2002	0.00%	8.03%
2001	0.00%	7.00%
2000	0.00%	3.17%