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MINN vs. FIMIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between MINN and FIMIX is 0.09, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

MINN vs. FIMIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mairs & Power Minnesota Municipal Bond ETF (MINN) and Fidelity Minnesota Municipal Income Fund (FIMIX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

MINN:

0.30

FIMIX:

0.14

Sortino Ratio

MINN:

0.49

FIMIX:

0.24

Omega Ratio

MINN:

1.06

FIMIX:

1.04

Calmar Ratio

MINN:

0.16

FIMIX:

0.14

Martin Ratio

MINN:

1.19

FIMIX:

0.53

Ulcer Index

MINN:

1.58%

FIMIX:

1.49%

Daily Std Dev

MINN:

5.96%

FIMIX:

4.96%

Max Drawdown

MINN:

-18.37%

FIMIX:

-12.33%

Current Drawdown

MINN:

-7.82%

FIMIX:

-3.33%

Returns By Period

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


MINN

YTD

0.31%

1M

2.49%

6M

0.14%

1Y

2.35%

5Y*

N/A

10Y*

N/A

FIMIX

YTD

-0.90%

1M

0.74%

6M

-0.99%

1Y

0.79%

5Y*

0.49%

10Y*

1.61%

*Annualized

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MINN vs. FIMIX - Expense Ratio Comparison

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


Risk-Adjusted Performance

MINN vs. FIMIX — Risk-Adjusted Performance Rank

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

MINN
The Risk-Adjusted Performance Rank of MINN is 3838
Overall Rank
The Sharpe Ratio Rank of MINN is 4141
Sharpe Ratio Rank
The Sortino Ratio Rank of MINN is 3737
Sortino Ratio Rank
The Omega Ratio Rank of MINN is 3535
Omega Ratio Rank
The Calmar Ratio Rank of MINN is 3232
Calmar Ratio Rank
The Martin Ratio Rank of MINN is 4646
Martin Ratio Rank

FIMIX
The Risk-Adjusted Performance Rank of FIMIX is 3232
Overall Rank
The Sharpe Ratio Rank of FIMIX is 3333
Sharpe Ratio Rank
The Sortino Ratio Rank of FIMIX is 2828
Sortino Ratio Rank
The Omega Ratio Rank of FIMIX is 3030
Omega Ratio Rank
The Calmar Ratio Rank of FIMIX is 3434
Calmar Ratio Rank
The Martin Ratio Rank of FIMIX is 3434
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.

MINN vs. FIMIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Mairs & Power Minnesota Municipal Bond ETF (MINN) and Fidelity Minnesota Municipal Income Fund (FIMIX). 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 MINN Sharpe Ratio is 0.30, which is higher than the FIMIX Sharpe Ratio of 0.14. The chart below compares the historical Sharpe Ratios of MINN and FIMIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

MINN vs. FIMIX - Dividend Comparison

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


TTM20242023202220212020201920182017201620152014
MINN
Mairs & Power Minnesota Municipal Bond ETF
2.82%2.65%1.80%1.34%0.64%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FIMIX
Fidelity Minnesota Municipal Income Fund
2.50%2.66%2.29%2.15%2.11%2.28%2.56%2.64%2.53%3.02%3.12%3.32%

Drawdowns

MINN vs. FIMIX - Drawdown Comparison

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


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Volatility

MINN vs. FIMIX - Volatility Comparison

Mairs & Power Minnesota Municipal Bond ETF (MINN) has a higher volatility of 2.99% compared to Fidelity Minnesota Municipal Income Fund (FIMIX) at 2.56%. This indicates that MINN's price experiences larger fluctuations and is considered to be riskier than FIMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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