FIMIX vs. MINN

In the year-to-date period, FIMIX achieves a -0.90% return, which is significantly lower than MINN's 0.31% return.

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

FIMIX has a 0.49% expense ratio, which is higher than MINN's 0.25% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Fidelity Minnesota Municipal Income Fund (FIMIX) and Mairs & Power Minnesota Municipal Bond ETF (MINN). 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.

The current FIMIX Sharpe Ratio is 0.14, which is lower than the MINN Sharpe Ratio of 0.30. The chart below compares the historical Sharpe Ratios of FIMIX and MINN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

FIMIX's dividend yield for the trailing twelve months is around 2.50%, less than MINN's 2.82% yield.

The maximum FIMIX drawdown since its inception was -12.33%, smaller than the maximum MINN drawdown of -18.37%. Use the drawdown chart below to compare losses from any high point for FIMIX and MINN. For additional features, visit the drawdowns tool.

The current volatility for Fidelity Minnesota Municipal Income Fund (FIMIX) is 2.56%, while Mairs & Power Minnesota Municipal Bond ETF (MINN) has a volatility of 2.99%. This indicates that FIMIX experiences smaller price fluctuations and is considered to be less risky than MINN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.