Performance analysis of FMUN (FIDELITY SYSTEMATIC MUNICIPAL BOND INDEX ETF)
Annual Return
Since Apr 7, 2025, FMUN has had an average annual return of +5.19%, underperforming the benchmark SPY, which returned +43.03% annual.
| 2026 | 2025 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +1.70% | +4.25% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.85% | +1.51% | -2.72% | +1.10% | +0.52% | +0.47% | +1.70% | ||||||
| 2025 | -1.07% | -0.32% | +0.63% | -0.12% | +1.06% | +2.39% | +1.21% | +0.32% | +0.12% | +4.25% |
Drawdown analysis of FMUN (FIDELITY SYSTEMATIC MUNICIPAL BOND INDEX ETF)
The maximum drawdown for the FMUN was -3.21%, occurring on Mar 27, 2026. This drawdown has not yet recovered.
The current FMUN drawdown is -0.67%.
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -3.21% | Feb 27, 2026 | 20 | Mar 27, 2026 | Ongoing | Ongoing | Ongoing |
| -2.93% | Apr 7, 2025 | 4 | Apr 11, 2025 | 91 | Aug 22, 2025 | 95 |
| -0.52% | Nov 26, 2025 | 5 | Dec 4, 2025 | 13 | Dec 23, 2025 | 18 |
| -0.46% | Nov 12, 2025 | 2 | Nov 14, 2025 | 8 | Nov 26, 2025 | 10 |
| -0.43% | Sep 17, 2025 | 7 | Sep 26, 2025 | 7 | Oct 7, 2025 | 14 |
| -0.36% | Jan 16, 2026 | 1 | Jan 20, 2026 | 8 | Jan 30, 2026 | 9 |
| -0.34% | Aug 29, 2025 | 1 | Sep 2, 2025 | 1 | Sep 3, 2025 | 2 |
| -0.26% | Nov 4, 2025 | 3 | Nov 7, 2025 | 2 | Nov 11, 2025 | 5 |
| -0.25% | Oct 22, 2025 | 6 | Oct 30, 2025 | 3 | Nov 4, 2025 | 9 |
| -0.13% | Dec 29, 2025 | 2 | Dec 31, 2025 | 4 | Jan 7, 2026 | 6 |
| -0.11% | Aug 22, 2025 | 1 | Aug 25, 2025 | 3 | Aug 28, 2025 | 4 |
| -0.10% | Feb 10, 2026 | 1 | Feb 11, 2026 | 1 | Feb 12, 2026 | 2 |
| -0.07% | Feb 5, 2026 | 1 | Feb 6, 2026 | 1 | Feb 9, 2026 | 2 |
| -0.05% | Sep 11, 2025 | 1 | Sep 12, 2025 | 1 | Sep 15, 2025 | 2 |
| -0.04% | Feb 13, 2026 | 1 | Feb 17, 2026 | 2 | Feb 19, 2026 | 3 |
| -0.02% | Jan 9, 2026 | 1 | Jan 12, 2026 | 1 | Jan 13, 2026 | 2 |
| -0.01% | Dec 24, 2025 | 1 | Dec 26, 2025 | 1 | Dec 29, 2025 | 2 |
| -0.01% | Feb 24, 2026 | 1 | Feb 25, 2026 | 1 | Feb 26, 2026 | 2 |