RFEM vs FLMB

Comparison between FIRST TRUST RIVERFRONT DYNAMIC EMERGING MARKETS ETF (RFEM, ETF) and FRANKLIN MUNICIPAL GREEN BOND ETF (FLMB, ETF).

5-Year PerformanceRFEM has outperformed FLMB, delivering a return of +9.3% compared to +0.3%

RFEM vs FLMB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	RFEM(ETF)	FLMB(ETF)
Net Assets	$78M	$78M
Expense Ratio	0.99%	0.30%
Max Drawdown	45.64%	20.72%
Sharpe Ratio	1.37	1.41
5Y Beta	0.79	0.01
5Y Dividends CAGR	12.37%	15.97%

Net Assets

Winner

RFEM

$78M

FLMB

$78M

Expense Ratio

RFEM

0.99%

Winner

FLMB

0.30%

Max Drawdown

RFEM

45.64%

Winner

FLMB

20.72%

Sharpe Ratio

RFEM

1.37

Winner

FLMB

1.41

5Y Beta

RFEM

0.79

Winner

FLMB

0.01

5Y Dividends CAGR

RFEM

12.37%

Winner

FLMB

15.97%

RFEM vs FLMB - Historical Returns

Returns include dividend reinvestment.

Period	RFEM	FLMB
1 month	-2.57%	-0.82%
3 months	+4.33%	+0.12%
6 months	+12.51%	+1.20%
1 year	+31.33%	+8.47%
5 years(CAGR)	+9.30%	+0.28%
10 years(CAGR)	+9.10%	+2.23%
Max(CAGR)	+9.86%	+2.23%

RFEM

-2.57%

Winner

FLMB

-0.82%

Winner

RFEM

+4.33%

FLMB

+0.12%

Winner

RFEM

+12.51%

FLMB

+1.20%

Winner

RFEM

+31.33%

FLMB

+8.47%

5Y(CAGR)

Winner

RFEM

+9.30%

FLMB

+0.28%

10Y(CAGR)

Winner

RFEM

+9.10%

FLMB

+2.23%

Max(CAGR)

Winner

RFEM

+9.86%

FLMB

+2.23%

RFEM vs FLMB - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	RFEM	FLMB
2026	+16.72%	+1.41%
2025	+27.41%	+3.70%
2024	+12.03%	+2.63%
2023	+21.35%	+7.35%
2022	-19.44%	-12.02%
2021	+0.45%	+0.71%
2020	+6.01%	+7.37%
2019	+20.05%	+8.70%
2018	-20.67%	+0.42%
2017	+34.51%	+0.62%
2016	+8.60%	N/A

RFEM vs FLMB Drawdown Comparison

The maximum drawdown for RFEM was -42.20%, occurring on Mar 23, 2020. Recovery took 747 trading sessions.

The maximum drawdown for FLMB was -17.90%, occurring on Oct 26, 2022. Recovery took 1121 trading sessions.

The current RFEM drawdown is -3.81%. The current FLMB drawdown is -1.30%.

Rank	RFEM	FLMB
#1	-42.20% Jan 26, 2018 - Jan 14, 2021	-17.90% Jul 20, 2021 - Jan 6, 2026
#2	-35.99% Feb 17, 2021 - Jul 5, 2024	-13.94% Mar 9, 2020 - Jul 22, 2020
#3	-15.81% Sep 26, 2024 - May 19, 2025	-4.08% Dec 6, 2017 - Jan 3, 2019
#4	-11.65% Feb 25, 2026 - Apr 17, 2026	-3.52% Feb 11, 2021 - Jul 8, 2021
#5	-10.45% Jul 12, 2024 - Sep 24, 2024	-3.25% Feb 27, 2026 - Jun 29, 2026
#6	-9.08% Sep 22, 2016 - Jan 25, 2017	-2.34% Aug 20, 2019 - Jan 8, 2020
#7	-6.53% Jun 23, 2016 - Jul 13, 2016	-2.08% Aug 10, 2020 - Nov 30, 2020
#8	-6.35% May 11, 2026 - May 26, 2026	-1.30% Jul 6, 2026 - Jul 21, 2026
#9	-6.28% Jun 2, 2026 - Jul 20, 2026	-0.53% Mar 27, 2019 - Apr 24, 2019
#10	-5.18% Jan 21, 2021 - Feb 5, 2021	-0.48% Jan 8, 2026 - Feb 2, 2026
#11	-4.83% Sep 6, 2016 - Sep 22, 2016	-0.47% Jan 3, 2019 - Jan 31, 2019
#12	-4.56% Mar 20, 2017 - May 9, 2017	-0.45% Jan 31, 2020 - Feb 18, 2020
#13	-4.27% Oct 6, 2025 - Oct 20, 2025	-0.40% Jan 4, 2021 - Jan 21, 2021
#14	-4.12% Nov 22, 2017 - Dec 29, 2017	-0.32% Sep 29, 2017 - Nov 30, 2017
#15	-3.68% Jul 23, 2025 - Aug 13, 2025	-0.25% Jul 8, 2021 - Jul 16, 2021

Correlation

Correlation between RFEM and FLMB is 0.65 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.65

-101

Dividend Comparison (2016 - 2026)

RFEM vs FLMB dividend yield comparison.

Year	RFEM	FLMB
2026	1.26%	2.04%
2025	1.98%	3.86%
2024	3.64%	3.79%
2023	3.28%	3.49%
2022	7.74%	2.80%
2021	3.21%	1.66%
2020	1.22%	2.08%
2019	3.75%	2.40%
2018	2.37%	2.68%
2017	1.62%	0.54%
2016	3.73%	0.00%