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FLMI vs. AMHIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FLMI and AMHIX is -0.40. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Performance

FLMI vs. AMHIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Liberty Federal Intermediate Tax-Free Bond Opportunities ETF (FLMI) and American High-Income Municipal Bond Fund (AMHIX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Daily Std Dev

FLMI:

1.46%

AMHIX:

1.82%

Max Drawdown

FLMI:

-0.04%

AMHIX:

-0.07%

Current Drawdown

FLMI:

0.00%

AMHIX:

-0.07%

Returns By Period


FLMI

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

AMHIX

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

*Annualized

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FLMI vs. AMHIX - Expense Ratio Comparison

FLMI has a 0.30% expense ratio, which is lower than AMHIX's 0.63% expense ratio.


Risk-Adjusted Performance

FLMI vs. AMHIX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FLMI
The Risk-Adjusted Performance Rank of FLMI is 7070
Overall Rank
The Sharpe Ratio Rank of FLMI is 7070
Sharpe Ratio Rank
The Sortino Ratio Rank of FLMI is 6363
Sortino Ratio Rank
The Omega Ratio Rank of FLMI is 6666
Omega Ratio Rank
The Calmar Ratio Rank of FLMI is 7777
Calmar Ratio Rank
The Martin Ratio Rank of FLMI is 7474
Martin Ratio Rank

AMHIX
The Risk-Adjusted Performance Rank of AMHIX is 5555
Overall Rank
The Sharpe Ratio Rank of AMHIX is 5555
Sharpe Ratio Rank
The Sortino Ratio Rank of AMHIX is 4848
Sortino Ratio Rank
The Omega Ratio Rank of AMHIX is 5757
Omega Ratio Rank
The Calmar Ratio Rank of AMHIX is 6363
Calmar Ratio Rank
The Martin Ratio Rank of AMHIX is 5555
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FLMI vs. AMHIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Liberty Federal Intermediate Tax-Free Bond Opportunities ETF (FLMI) and American High-Income Municipal Bond Fund (AMHIX). 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.



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Dividends

FLMI vs. AMHIX - Dividend Comparison

FLMI's dividend yield for the trailing twelve months is around 4.11%, more than AMHIX's 3.62% yield.


TTM20242023202220212020201920182017201620152014
FLMI
Franklin Liberty Federal Intermediate Tax-Free Bond Opportunities ETF
4.11%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
AMHIX
American High-Income Municipal Bond Fund
3.62%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

FLMI vs. AMHIX - Drawdown Comparison

The maximum FLMI drawdown since its inception was -0.04%, smaller than the maximum AMHIX drawdown of -0.07%. Use the drawdown chart below to compare losses from any high point for FLMI and AMHIX. For additional features, visit the drawdowns tool.


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Volatility

FLMI vs. AMHIX - Volatility Comparison


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