SFLO vs MMU

Comparison between VICTORYSHARES SMALL CAP FREE CASH FLOW ETF (SFLO, ETF) and Western Asset Managed Municipals Fund Inc (MMU, ETF).

SFLO vs MMU - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SFLO(ETF)	MMU(ETF)
Net Assets	$606M	$604M
Expense Ratio	0.49%	N/A
Max Drawdown	27.01%	46.70%
Sharpe Ratio	1.64	0.91
5Y Beta	0.95	0.18
P/E Ratio	27.52	N/A
Forward P/E	9.87	N/A
5Y Dividends CAGR	N/A	5.98%
Debt to Equity	74.81%	N/A
P/S Ratio	1.12	N/A
P/B Ratio	2.21	N/A

Net Assets

Winner

SFLO

$606M

MMU

$604M

Expense Ratio

SFLO

0.49%

MMU

N/A

Max Drawdown

Winner

SFLO

27.01%

MMU

46.70%

Sharpe Ratio

Winner

SFLO

1.64

MMU

0.91

5Y Beta

SFLO

0.95

Winner

MMU

0.18

P/E Ratio

SFLO

27.52

MMU

N/A

Forward P/E

SFLO

9.87

MMU

N/A

5Y Dividends CAGR

SFLO

N/A

MMU

5.98%

Debt to Equity

SFLO

74.81%

MMU

N/A

P/S Ratio

SFLO

1.12

MMU

N/A

P/B Ratio

SFLO

2.21

MMU

N/A

SFLO vs MMU - Historical Returns

Returns include dividend reinvestment.

Period	SFLO	MMU
1 month	+10.61%	-0.53%
3 months	+12.75%	-0.04%
6 months	+20.77%	+1.55%
1 year	+36.62%	+11.44%
5 years(CAGR)	N/A	+0.04%
10 years(CAGR)	N/A	+1.05%
Max(CAGR)	+16.16%	+5.90%

Winner

SFLO

+10.61%

MMU

-0.53%

Winner

SFLO

+12.75%

MMU

-0.04%

Winner

SFLO

+20.77%

MMU

+1.55%

Winner

SFLO

+36.62%

MMU

+11.44%

5Y(CAGR)

SFLO

N/A

MMU

+0.04%

10Y(CAGR)

SFLO

N/A

MMU

+1.05%

Max(CAGR)

Winner

SFLO

+16.16%

MMU

+5.90%

SFLO vs MMU - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	SFLO	MMU
2026	+23.72%	+1.94%
2025	+10.90%	+6.96%
2024	+6.81%	+5.34%
2023	-0.16%	+4.91%
2022	N/A	-19.58%
2021	N/A	+6.24%
2020	N/A	+0.29%
2019	N/A	+5.60%
2018	N/A	-4.82%
2017	N/A	+8.30%
2016	N/A	+1.72%
2015	N/A	+10.34%
2014	N/A	+18.47%
2013	N/A	-11.35%
2012	N/A	+14.07%
2011	N/A	+20.27%
2010	N/A	+3.61%
2009	N/A	+37.35%
2008	N/A	-9.63%
2007	N/A	+3.15%
2006	N/A	+10.06%
2005	N/A	+3.14%
2004	N/A	+0.27%
2003	N/A	+14.43%
2002	N/A	+8.40%
2001	N/A	+7.38%
2000	N/A	+16.78%
1999	N/A	-6.08%

SFLO vs MMU Drawdown Comparison

The maximum drawdown for SFLO was -26.62%, occurring on Apr 8, 2025. Recovery took 177 trading sessions.

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

The current SFLO drawdown is -1.31%. The current MMU drawdown is -5.09%.

Rank	SFLO	MMU
#1	-26.62% Nov 25, 2024 - Aug 13, 2025	-34.50% Aug 8, 2019 - Mar 18, 2020
#2	-10.44% Jul 31, 2024 - Nov 11, 2024	-32.11% May 28, 2008 - Apr 21, 2009
#3	-7.80% Sep 18, 2025 - Dec 3, 2025	-26.42% Nov 26, 2012 - Mar 4, 2015
#4	-6.56% Mar 28, 2024 - Jul 16, 2024	-16.43% Dec 20, 2017 - Feb 26, 2019
#5	-5.62% Dec 26, 2023 - Feb 15, 2024	-14.63% Aug 23, 2016 - Dec 20, 2017
#6	-4.65% May 7, 2026 - May 29, 2026	-13.52% Sep 10, 2010 - Sep 7, 2011
#7	-4.36% Nov 11, 2024 - Nov 25, 2024	-12.27% Mar 8, 2004 - Nov 26, 2004
#8	-4.21% Jun 1, 2026 - Jul 1, 2026	-9.50% Feb 9, 2012 - May 3, 2012
#9	-4.11% Mar 4, 2026 - Apr 6, 2026	-8.49% Nov 16, 1999 - Jun 22, 2000
#10	-3.34% Jan 22, 2026 - Feb 6, 2026	-7.74% Oct 6, 2009 - Jan 14, 2010
#11	-3.16% Feb 6, 2026 - Mar 2, 2026	-7.60% Apr 24, 2015 - Jul 29, 2015
#12	-2.87% Dec 11, 2025 - Jan 22, 2026	-7.25% Sep 7, 2001 - Nov 7, 2001
#13	-2.78% Feb 15, 2024 - Mar 1, 2024	-7.17% Jul 27, 2012 - Sep 21, 2012
#14	-2.78% Jul 16, 2024 - Jul 26, 2024	-7.06% May 14, 2007 - Jan 3, 2008
#15	-2.27% Apr 8, 2026 - Apr 14, 2026	-6.87% Oct 2, 2002 - May 14, 2003

Correlation

Correlation between SFLO and MMU is 0.81 which considered as a strong positive correlation - the stocks tend to move together.

0.81

-101

Dividend Comparison (1999 - 2026)

SFLO vs MMU dividend yield comparison.

Year	SFLO	MMU
2026	0.40%	3.17%
2025	1.04%	6.26%
2024	1.28%	6.16%
2023	0.00%	4.36%
2022	0.00%	4.65%
2021	0.00%	3.88%
2020	0.00%	4.21%
2019	0.00%	4.96%
2018	0.00%	5.68%
2017	0.00%	5.37%
2016	0.00%	5.67%
2015	0.00%	5.50%
2014	0.00%	5.74%
2013	0.00%	6.39%
2012	0.00%	5.43%
2011	0.00%	5.82%
2010	0.00%	6.40%
2009	0.00%	5.29%
2008	0.00%	5.79%
2007	0.00%	4.97%
2006	0.00%	5.16%
2005	0.00%	5.54%
2004	0.00%	6.35%
2003	0.00%	6.10%
2002	0.00%	5.87%
2001	0.00%	5.77%
2000	0.00%	6.04%
1999	0.00%	1.10%