DUMSX vs. FSMUX
Compare and contrast key facts about Dupree Mississippi Tax-Free Income Series (DUMSX) and Strategic Advisers Municipal Bond Fund (FSMUX).
DUMSX is managed by Dupree. It was launched on Dec 30, 1999. FSMUX is managed by Fidelity. It was launched on Jun 24, 2021.
Performance
DUMSX vs. FSMUX - Performance Comparison
Loading graphics...
DUMSX vs. FSMUX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
DUMSX Dupree Mississippi Tax-Free Income Series | -0.48% | 6.98% | 2.35% | 5.16% | -7.10% | 1.14% |
FSMUX Strategic Advisers Municipal Bond Fund | -1.13% | 3.14% | 2.99% | 6.78% | -11.25% | 0.39% |
Returns By Period
In the year-to-date period, DUMSX achieves a -0.48% return, which is significantly higher than FSMUX's -1.13% return.
DUMSX
- 1D
- 0.18%
- 1M
- -2.24%
- YTD
- -0.48%
- 6M
- 1.41%
- 1Y
- 5.59%
- 3Y*
- 3.94%
- 5Y*
- 1.74%
- 10Y*
- 2.71%
FSMUX
- 1D
- 0.11%
- 1M
- -2.56%
- YTD
- -1.13%
- 6M
- 0.12%
- 1Y
- 2.39%
- 3Y*
- 2.93%
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DUMSX vs. FSMUX - Expense Ratio Comparison
DUMSX has a 0.70% expense ratio, which is higher than FSMUX's 0.06% expense ratio.
Return for Risk
DUMSX vs. FSMUX — Risk / Return Rank
DUMSX
FSMUX
DUMSX vs. FSMUX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dupree Mississippi Tax-Free Income Series (DUMSX) and Strategic Advisers Municipal Bond Fund (FSMUX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| DUMSX | FSMUX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.15 | 0.63 | +0.52 |
Sortino ratioReturn per unit of downside risk | 1.73 | 0.87 | +0.85 |
Omega ratioGain probability vs. loss probability | 1.45 | 1.19 | +0.26 |
Calmar ratioReturn relative to maximum drawdown | 1.28 | 0.28 | +1.00 |
Martin ratioReturn relative to average drawdown | 5.57 | 0.78 | +4.79 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| DUMSX | FSMUX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.15 | 0.63 | +0.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.42 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.71 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.12 | -0.00 | +1.12 |
Correlation
The correlation between DUMSX and FSMUX is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
DUMSX vs. FSMUX - Dividend Comparison
DUMSX's dividend yield for the trailing twelve months is around 4.59%, more than FSMUX's 2.35% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DUMSX Dupree Mississippi Tax-Free Income Series | 4.59% | 6.09% | 4.79% | 3.25% | 3.22% | 3.19% | 3.11% | 3.72% | 4.66% | 4.12% | 2.94% | 3.01% |
FSMUX Strategic Advisers Municipal Bond Fund | 2.35% | 3.26% | 3.74% | 3.18% | 2.14% | 0.99% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
DUMSX vs. FSMUX - Drawdown Comparison
The maximum DUMSX drawdown since its inception was -11.62%, smaller than the maximum FSMUX drawdown of -16.27%. Use the drawdown chart below to compare losses from any high point for DUMSX and FSMUX.
Loading graphics...
Drawdown Indicators
| DUMSX | FSMUX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.62% | -16.27% | +4.65% |
Max Drawdown (1Y)Largest decline over 1 year | -6.08% | -5.30% | -0.78% |
Max Drawdown (5Y)Largest decline over 5 years | -11.03% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -11.03% | — | — |
Current DrawdownCurrent decline from peak | -2.24% | -2.56% | +0.32% |
Average DrawdownAverage peak-to-trough decline | -1.59% | -5.61% | +4.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.40% | 1.96% | -0.56% |
Volatility
DUMSX vs. FSMUX - Volatility Comparison
The current volatility for Dupree Mississippi Tax-Free Income Series (DUMSX) is 0.85%, while Strategic Advisers Municipal Bond Fund (FSMUX) has a volatility of 0.99%. This indicates that DUMSX experiences smaller price fluctuations and is considered to be less risky than FSMUX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| DUMSX | FSMUX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.85% | 0.99% | -0.14% |
Volatility (6M)Calculated over the trailing 6-month period | 1.82% | 2.12% | -0.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.66% | 6.65% | +0.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.15% | 4.67% | -0.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.85% | 4.67% | -0.82% |