VFL vs UDIV

Comparison between abrdn National Municipal Income Fund (VFL, ETF) and FRANKLIN U.S. CORE DIVIDEND TILT INDEX ETF (UDIV, ETF).

5-Year PerformanceUDIV has outperformed VFL, delivering a return of +14.2% compared to -1.3%

VFL vs UDIV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VFL(ETF)	UDIV(ETF)
Net Assets	$139M	$138M
Expense Ratio	N/A	0.06%
Max Drawdown	55.62%	35.46%
Sharpe Ratio	1.04	1.50
5Y Beta	0.12	0.97
P/E Ratio	N/A	26.32
Forward P/E	N/A	19.46
PEG Ratio	N/A	0.27
5Y Dividends CAGR	1.77%	-5.62%
5Y EPS CAGR	N/A	23.27%
Debt to Equity	N/A	26.34%
P/S Ratio	N/A	3.52
P/B Ratio	N/A	4.86

Net Assets

Winner

VFL

$139M

UDIV

$138M

Expense Ratio

VFL

N/A

UDIV

0.06%

Max Drawdown

VFL

55.62%

Winner

UDIV

35.46%

Sharpe Ratio

VFL

1.04

Winner

UDIV

1.50

5Y Beta

Winner

VFL

0.12

UDIV

0.97

P/E Ratio

VFL

N/A

UDIV

26.32

Forward P/E

VFL

N/A

UDIV

19.46

PEG Ratio

VFL

N/A

UDIV

0.27

5Y Dividends CAGR

Winner

VFL

1.77%

UDIV

-5.62%

5Y EPS CAGR

VFL

N/A

UDIV

23.27%

Debt to Equity

VFL

N/A

UDIV

26.34%

P/S Ratio

VFL

N/A

UDIV

3.52

P/B Ratio

VFL

N/A

UDIV

4.86

VFL vs UDIV - Historical Returns

Returns include dividend reinvestment.

Period	VFL	UDIV
1 month	+1.47%	+0.21%
3 months	+3.12%	+7.91%
6 months	+3.73%	+13.36%
1 year	+12.72%	+24.39%
5 years(CAGR)	-1.32%	+14.24%
10 years(CAGR)	+1.25%	+11.65%
Max(CAGR)	+4.77%	+11.79%

Winner

VFL

+1.47%

UDIV

+0.21%

VFL

+3.12%

Winner

UDIV

+7.91%

VFL

+3.73%

Winner

UDIV

+13.36%

VFL

+12.72%

Winner

UDIV

+24.39%

5Y(CAGR)

VFL

-1.32%

Winner

UDIV

+14.24%

10Y(CAGR)

VFL

+1.25%

Winner

UDIV

+11.65%

Max(CAGR)

VFL

+4.77%

Winner

UDIV

+11.79%

VFL vs UDIV - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	VFL	UDIV
2026	+3.89%	+14.08%
2025	+5.97%	+19.12%
2024	+3.50%	+26.15%
2023	+2.56%	+25.55%
2022	-23.16%	-15.10%
2021	+12.13%	+20.42%
2020	+3.56%	+4.76%
2019	+15.05%	+24.49%
2018	-6.32%	-8.74%
2017	+5.40%	+16.84%
2016	+5.52%	+0.96%
2015	+6.09%	N/A
2014	+18.44%	N/A
2013	-13.74%	N/A
2012	+14.02%	N/A
2011	+11.07%	N/A
2010	+2.14%	N/A
2009	+34.94%	N/A
2008	-20.25%	N/A
2007	-11.93%	N/A
2006	-5.69%	N/A
2005	+2.50%	N/A
2004	+13.26%	N/A
2003	+13.11%	N/A
2002	+12.72%	N/A
2001	+12.08%	N/A
2000	+16.39%	N/A
1999	-2.03%	N/A

VFL vs UDIV Drawdown Comparison

The maximum drawdown for VFL was -45.26%, occurring on Dec 4, 2008. Recovery took 1399 trading sessions.

The maximum drawdown for UDIV was -35.20%, occurring on Mar 23, 2020. Recovery took 210 trading sessions.

The current VFL drawdown is -8.04%. The current UDIV drawdown is -1.35%.

Rank	VFL	UDIV
#1	-45.26% Mar 7, 2006 - Sep 23, 2011	-35.20% Jan 17, 2020 - Nov 16, 2020
#2	-39.04% Dec 22, 2021 - Oct 25, 2023	-23.18% Jan 12, 2022 - Dec 8, 2023
#3	-29.96% Mar 4, 2020 - Jan 21, 2021	-19.19% Feb 19, 2025 - Jun 24, 2025
#4	-22.70% Dec 6, 2012 - Jan 15, 2015	-16.10% Jan 26, 2018 - Jun 20, 2019
#5	-16.39% Feb 4, 2004 - Oct 25, 2004	-8.44% Feb 9, 2026 - Apr 14, 2026
#6	-14.76% Jul 9, 2003 - Dec 17, 2003	-8.16% Jul 16, 2024 - Aug 30, 2024
#7	-14.66% Jan 5, 2005 - Jun 7, 2005	-6.47% Jul 24, 2019 - Oct 15, 2019
#8	-13.51% Jul 8, 2016 - May 10, 2019	-6.26% Aug 11, 2016 - Feb 3, 2017
#9	-13.37% Sep 2, 2005 - Mar 7, 2006	-5.53% Mar 28, 2024 - May 14, 2024
#10	-8.91% Sep 9, 2002 - Apr 30, 2003	-5.52% Jun 23, 2016 - Jul 15, 2016
#11	-8.00% Aug 20, 2019 - Feb 18, 2020	-5.33% Oct 28, 2025 - Dec 10, 2025
#12	-6.54% Nov 2, 1999 - Jun 21, 2000	-5.29% Nov 16, 2021 - Dec 23, 2021
#13	-6.07% Sep 28, 2011 - Jan 12, 2012	-4.71% Sep 3, 2021 - Nov 3, 2021
#14	-5.48% Feb 2, 2015 - Oct 28, 2015	-4.48% Jun 2, 2026 - Jun 10, 2026
#15	-5.45% Jun 7, 2005 - Aug 22, 2005	-4.43% Jun 8, 2016 - Jun 23, 2016

Correlation

Correlation between VFL and UDIV is 0.45 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.45

-101

Dividend Comparison (1999 - 2026)

VFL vs UDIV dividend yield comparison.

Year	VFL	UDIV
2026	3.14%	0.70%
2025	5.84%	1.53%
2024	5.31%	2.05%
2023	4.43%	1.91%
2022	5.21%	3.20%
2021	4.42%	2.97%
2020	4.32%	2.90%
2019	5.14%	3.40%
2018	5.04%	3.74%
2017	4.60%	3.47%
2016	5.32%	1.63%
2015	5.97%	0.00%
2014	5.77%	0.00%
2013	5.95%	0.00%
2012	4.13%	0.00%
2011	4.18%	0.00%
2010	4.30%	0.00%
2009	4.15%	0.00%
2008	6.28%	0.00%
2007	5.92%	0.00%
2006	6.45%	0.00%
2005	7.56%	0.00%
2004	6.49%	0.00%
2003	6.35%	0.00%
2002	5.95%	0.00%
2001	5.00%	0.00%
2000	5.71%	0.00%
1999	1.05%	0.00%