XES vs MFM

Comparison between STATE STREET(R) SPDR(R) S&P(R) OIL & GAS EQUIPMENT & SERVICES ETF (XES, ETF) and MFS Municipal Income Trust (MFM, ETF).

5-Year PerformanceXES has outperformed MFM, delivering a return of +17.0% compared to -0.5%

XES vs MFM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	XES(ETF)	MFM(ETF)
Net Assets	$467M	$464M
Expense Ratio	0.35%	N/A
Max Drawdown	96.13%	59.26%
Sharpe Ratio	1.97	1.07
5Y Beta	1.21	0.16
P/E Ratio	2.58	N/A
Forward P/E	16.35	N/A
5Y Dividends CAGR	8.97%	0.16%
Debt to Equity	57.12%	N/A
P/S Ratio	1.44	N/A
P/B Ratio	1.88	N/A

Net Assets

Winner

XES

$467M

MFM

$464M

Expense Ratio

XES

0.35%

MFM

N/A

Max Drawdown

XES

96.13%

Winner

MFM

59.26%

Sharpe Ratio

Winner

XES

1.97

MFM

1.07

5Y Beta

XES

1.21

Winner

MFM

0.16

P/E Ratio

XES

2.58

MFM

N/A

Forward P/E

XES

16.35

MFM

N/A

5Y Dividends CAGR

Winner

XES

8.97%

MFM

0.16%

Debt to Equity

XES

57.12%

MFM

N/A

P/S Ratio

XES

1.44

MFM

N/A

P/B Ratio

XES

1.88

MFM

N/A

XES vs MFM - Historical Returns

Returns include dividend reinvestment.

Period	XES	MFM
1 month	-0.03%	+0.97%
3 months	-2.72%	+3.39%
6 months	+20.45%	+3.89%
1 year	+82.57%	+15.16%
5 years(CAGR)	+17.04%	-0.48%
10 years(CAGR)	-3.37%	+1.92%
Max(CAGR)	-3.39%	+5.08%

XES

-0.03%

Winner

MFM

+0.97%

XES

-2.72%

Winner

MFM

+3.39%

Winner

XES

+20.45%

MFM

+3.89%

Winner

XES

+82.57%

MFM

+15.16%

5Y(CAGR)

Winner

XES

+17.04%

MFM

-0.48%

10Y(CAGR)

XES

-3.37%

Winner

MFM

+1.92%

Max(CAGR)

XES

-3.39%

Winner

MFM

+5.08%

XES vs MFM - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	XES	MFM
2026	+35.66%	+6.30%
2025	+3.14%	+6.36%
2024	-4.25%	+7.72%
2023	+13.12%	+4.52%
2022	+51.13%	-21.84%
2021	+10.31%	+9.78%
2020	-43.49%	-1.42%
2019	-11.19%	+16.86%
2018	-47.99%	-5.41%
2017	-23.97%	+8.63%
2016	+26.40%	+1.49%
2015	-37.08%	+8.74%
2014	-33.64%	+13.39%
2013	+23.60%	-14.36%
2012	-3.16%	+14.85%
2011	-5.35%	+18.24%
2010	+25.70%	+0.65%
2009	+57.07%	+70.75%
2008	-58.54%	-36.78%
2007	+45.43%	-13.70%
2006	+4.12%	+11.48%
2005	N/A	+9.19%
2004	N/A	+8.26%
2003	N/A	+13.39%
2002	N/A	-1.94%
2001	N/A	+10.39%
2000	N/A	+13.66%
1999	N/A	-7.97%

XES vs MFM Drawdown Comparison

The maximum drawdown for XES was -95.65%, occurring on Mar 18, 2020. This drawdown has not yet recovered.

The maximum drawdown for MFM was -54.24%, occurring on Dec 16, 2008. Recovery took 759 trading sessions.

The current XES drawdown is -72.82%. The current MFM drawdown is -5.42%.

Rank	XES	MFM
#1	-95.65% Jun 23, 2008 - Mar 18, 2020	-54.24% Apr 2, 2007 - Apr 7, 2010
#2	-20.51% Jul 3, 2006 - Dec 14, 2006	-34.38% Jul 29, 2021 - Oct 27, 2023
#3	-17.98% Jan 3, 2008 - Apr 14, 2008	-29.37% Feb 14, 2020 - May 6, 2021
#4	-15.62% Dec 14, 2006 - Mar 26, 2007	-24.74% Oct 1, 2012 - Dec 24, 2015
#5	-13.81% Jul 23, 2007 - Sep 19, 2007	-15.37% Mar 25, 2004 - Oct 27, 2004
#6	-12.31% Oct 15, 2007 - Jan 3, 2008	-15.26% Oct 29, 2010 - Sep 12, 2011
#7	-6.47% Apr 21, 2008 - May 8, 2008	-13.45% Nov 4, 1999 - Jun 2, 2000
#8	-4.97% May 20, 2008 - Jun 9, 2008	-12.02% Jul 8, 2016 - Jun 6, 2017
#9	-4.70% Jun 4, 2007 - Jun 14, 2007	-11.92% Sep 17, 2001 - Oct 4, 2002
#10	-3.68% Jun 9, 2008 - Jun 17, 2008	-11.67% Jul 13, 2017 - Feb 20, 2019
#11	-3.66% Apr 16, 2007 - Apr 25, 2007	-10.96% Aug 31, 2000 - Jan 4, 2001
#12	-3.59% May 21, 2007 - Jun 4, 2007	-10.86% Oct 4, 2002 - May 9, 2003
#13	-3.51% Jun 22, 2007 - Jul 6, 2007	-10.56% Jun 11, 2003 - Jan 6, 2004
#14	-3.28% Sep 21, 2007 - Oct 10, 2007	-9.57% Sep 13, 2005 - Jan 19, 2006
#15	-2.65% Jul 12, 2007 - Jul 19, 2007	-8.19% Feb 11, 2005 - May 11, 2005

Correlation

Correlation between XES and MFM is -0.73 which considered as a strong negative correlation - the stocks tend to move in opposite directions.

-0.73

-101

Dividend Comparison (2000 - 2026)

XES vs MFM dividend yield comparison.

Year	XES	MFM
2026	0.55%	3.15%
2025	1.69%	5.08%
2024	1.32%	4.65%
2023	0.66%	4.12%
2022	0.36%	4.85%
2021	1.81%	4.34%
2020	1.33%	4.70%
2019	1.43%	4.71%
2018	1.14%	5.91%
2017	1.68%	5.62%
2016	0.64%	5.72%
2015	2.47%	5.76%
2014	1.59%	6.04%
2013	0.63%	7.08%
2012	0.73%	6.31%
2011	0.29%	7.09%
2010	0.86%	7.86%
2009	0.62%	7.32%
2008	1.05%	11.29%
2007	0.47%	6.82%
2006	0.05%	5.82%
2005	0.00%	6.93%
2004	0.00%	7.10%
2003	0.00%	7.04%
2002	0.00%	7.38%
2001	0.00%	6.92%
2000	0.00%	3.01%