TVAL vs FMHI

Comparison between T. ROWE PRICE VALUE ETF (TVAL, ETF) and FIRST TRUST MUNICIPAL HIGH INCOME ETF (FMHI, ETF).

TVAL vs FMHI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TVAL(ETF)	FMHI(ETF)
Net Assets	$997M	$994M
Expense Ratio	0.33%	0.49%
Max Drawdown	15.81%	22.72%
Sharpe Ratio	2.14	1.05
5Y Beta	0.71	0.02
P/E Ratio	22.94	N/A
Forward P/E	18.80	N/A
PEG Ratio	-0.16	N/A
5Y Dividends CAGR	N/A	6.27%
5Y EPS CAGR	15.33%	N/A
P/S Ratio	2.41	N/A
P/B Ratio	3.70	N/A

Net Assets

Winner

TVAL

$997M

FMHI

$994M

Expense Ratio

Winner

TVAL

0.33%

FMHI

0.49%

Max Drawdown

Winner

TVAL

15.81%

FMHI

22.72%

Sharpe Ratio

Winner

TVAL

2.14

FMHI

1.05

5Y Beta

TVAL

0.71

Winner

FMHI

0.02

P/E Ratio

TVAL

22.94

FMHI

N/A

Forward P/E

TVAL

18.80

FMHI

N/A

PEG Ratio

TVAL

-0.16

FMHI

N/A

5Y Dividends CAGR

TVAL

N/A

FMHI

6.27%

5Y EPS CAGR

TVAL

15.33%

FMHI

N/A

P/S Ratio

TVAL

2.41

FMHI

N/A

P/B Ratio

TVAL

3.70

FMHI

N/A

TVAL vs FMHI - Historical Returns

Returns include dividend reinvestment.

Period	TVAL	FMHI
1 month	+2.21%	-0.84%
3 months	+6.92%	+0.60%
6 months	+13.22%	+0.15%
1 year	+30.73%	+7.56%
5 years(CAGR)	N/A	+0.38%
10 years(CAGR)	N/A	+3.04%
Max(CAGR)	+19.29%	+3.04%

Winner

TVAL

+2.21%

FMHI

-0.84%

Winner

TVAL

+6.92%

FMHI

+0.60%

Winner

TVAL

+13.22%

FMHI

+0.15%

Winner

TVAL

+30.73%

FMHI

+7.56%

5Y(CAGR)

TVAL

N/A

FMHI

+0.38%

10Y(CAGR)

TVAL

N/A

FMHI

+3.04%

Max(CAGR)

Winner

TVAL

+19.29%

FMHI

+3.04%

TVAL vs FMHI - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	TVAL	FMHI
2026	+20.91%	+1.69%
2025	+15.62%	+3.38%
2024	+14.07%	+5.52%
2023	+8.29%	+7.03%
2022	N/A	-14.59%
2021	N/A	+7.78%
2020	N/A	+3.92%
2019	N/A	+10.38%
2018	N/A	+2.32%
2017	N/A	+1.08%

TVAL vs FMHI Drawdown Comparison

The maximum drawdown for TVAL was -14.84%, occurring on Apr 8, 2025. Recovery took 146 trading sessions.

The maximum drawdown for FMHI was -18.83%, occurring on Oct 27, 2022. Recovery took 1008 trading sessions.

The current TVAL drawdown is -0.99%. The current FMHI drawdown is -1.74%.

Rank	TVAL	FMHI
#1	-14.84% Nov 29, 2024 - Jul 3, 2025	-18.83% Dec 30, 2021 - Jan 7, 2026
#2	-9.81% Jul 31, 2023 - Dec 12, 2023	-16.66% Mar 6, 2020 - Dec 17, 2020
#3	-7.15% Feb 26, 2026 - Apr 14, 2026	-2.35% Feb 26, 2026 - May 28, 2026
#4	-5.69% Jul 16, 2024 - Aug 23, 2024	-1.96% Jul 19, 2021 - Dec 30, 2021
#5	-4.48% Mar 28, 2024 - May 10, 2024	-1.92% Feb 12, 2021 - Apr 8, 2021
#6	-4.06% Nov 12, 2025 - Nov 28, 2025	-1.91% Jul 2, 2026 - Jul 23, 2026
#7	-3.38% Aug 30, 2024 - Sep 19, 2024	-1.83% Aug 31, 2018 - Dec 26, 2018
#8	-3.04% Oct 16, 2024 - Nov 6, 2024	-1.76% Feb 22, 2018 - May 7, 2018
#9	-2.83% Jul 25, 2025 - Aug 13, 2025	-1.73% Jan 3, 2018 - Feb 22, 2018
#10	-2.58% May 17, 2024 - Jul 11, 2024	-1.40% Aug 30, 2019 - Oct 8, 2019
#11	-2.50% Oct 8, 2025 - Oct 20, 2025	-1.02% Dec 7, 2017 - Jan 3, 2018
#12	-2.19% Jan 2, 2024 - Jan 25, 2024	-0.80% Oct 8, 2019 - Nov 26, 2019
#13	-2.13% Oct 27, 2025 - Nov 11, 2025	-0.62% Apr 11, 2019 - Apr 18, 2019
#14	-1.91% Jun 15, 2023 - Jun 30, 2023	-0.59% Jul 31, 2018 - Aug 13, 2018
#15	-1.85% Jun 4, 2026 - Jun 12, 2026	-0.52% May 7, 2018 - May 25, 2018