Performance analysis of MFLX (FIRST TRUST FLEXIBLE MUNICIPAL HIGH INCOME ETF)
Annual Return
Over the past 3 years, MFLX has had an average annual return of +5.49%, underperforming the benchmark SPY, which returned +22.45% annual.
Over the past 5 years, MFLX has had an average annual return of -0.03%, underperforming the benchmark SPY, which returned +13.88% annual.
Since Sep 29, 2016, MFLX has had an average annual return of +2.14%, underperforming the benchmark SPY, which returned +15.68% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| +3.33% | +3.94% | +3.75% | +8.97% | -19.93% | +8.43% | +7.19% | +16.89% | -4.67% | +5.58% | -7.63% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.94% | +1.88% | -3.00% | +2.29% | +1.07% | +0.20% | +3.33% | ||||||
| 2025 | +0.75% | +1.45% | -1.86% | -1.77% | +0.09% | +0.66% | -0.89% | +1.36% | +2.74% | +1.29% | +0.04% | +0.11% | +3.94% |
| 2024 | -0.64% | +0.72% | +0.24% | -1.00% | -0.29% | +2.44% | +1.36% | +1.39% | +0.97% | -1.36% | +1.91% | -1.94% | +3.75% |
| 2023 | +2.85% | -1.30% | +1.31% | +0.58% | -1.42% | +1.75% | +0.51% | -3.86% | -0.63% | -0.58% | +4.75% | +5.04% | +8.97% |
| 2022 | -8.09% | -1.99% | -4.21% | -6.03% | +1.91% | -2.66% | +4.02% | -3.20% | -5.81% | -0.61% | +4.41% | +1.15% | -19.93% |
| 2021 | +1.09% | -1.81% | +2.09% | +2.02% | +1.84% | +2.06% | +1.21% | +0.50% | -3.28% | -0.71% | +1.76% | +1.53% | +8.43% |
| 2020 | +2.75% | -1.62% | -8.14% | -3.54% | +5.98% | +1.76% | +4.98% | -1.23% | -0.14% | -0.48% | +4.65% | +2.89% | +7.19% |
| 2019 | +3.85% | +2% | +2.04% | +0.41% | +1.67% | +1.29% | +1.50% | +2.59% | -0.72% | -0.89% | +0.90% | +1.17% | +16.89% |
| 2018 | -3.29% | -0.89% | +0.11% | +0.10% | +1.32% | -0.25% | +0.52% | +0.53% | -1.81% | -2.90% | +1.86% | +0.08% | -4.67% |
| 2017 | +0.63% | +1.13% | -0.26% | +1.10% | +1.91% | -0.11% | +1.83% | +0.40% | +0.22% | -1.81% | -0.19% | +0.64% | +5.58% |
Drawdown analysis of MFLX (FIRST TRUST FLEXIBLE MUNICIPAL HIGH INCOME ETF)
The maximum drawdown for the MFLX was -26.76%, occurring on Mar 18, 2020. Recovery took 176 trading sessions.
The current MFLX drawdown is -3.77%.
Since Sep 29, 2016 MFLX has experienced the following drawdowns:
- 20% or more: 2 times
- 10% or more: 3 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -26.76% | Feb 24, 2020 | 17 | Mar 18, 2020 | 176 | Nov 25, 2020 | 193 |
| -25.87% | Aug 24, 2021 | 297 | Oct 27, 2022 | Ongoing | Ongoing | Ongoing |
| -10.10% | Sep 29, 2016 | 44 | Dec 1, 2016 | 580 | Mar 26, 2019 | 624 |
| -4.45% | Feb 11, 2021 | 8 | Feb 24, 2021 | 34 | Apr 14, 2021 | 42 |
| -3.82% | Sep 4, 2019 | 8 | Sep 16, 2019 | 61 | Dec 11, 2019 | 69 |
| -1.54% | Jul 12, 2021 | 5 | Jul 19, 2021 | 7 | Jul 28, 2021 | 12 |
| -1.42% | May 10, 2021 | 3 | May 13, 2021 | 9 | May 26, 2021 | 12 |
| -1.05% | Dec 11, 2020 | 3 | Dec 16, 2020 | 10 | Dec 31, 2020 | 13 |
| -0.81% | Apr 15, 2019 | 5 | Apr 23, 2019 | 7 | May 2, 2019 | 12 |
| -0.73% | Dec 31, 2020 | 6 | Jan 11, 2021 | 5 | Jan 19, 2021 | 11 |
| -0.71% | Dec 26, 2019 | 2 | Dec 30, 2019 | 5 | Jan 7, 2020 | 7 |
| -0.69% | Jun 10, 2021 | 4 | Jun 16, 2021 | 8 | Jun 28, 2021 | 12 |
| -0.69% | Dec 11, 2019 | 1 | Dec 12, 2019 | 9 | Dec 26, 2019 | 10 |
| -0.67% | Aug 4, 2021 | 2 | Aug 6, 2021 | 2 | Aug 10, 2021 | 4 |
| -0.62% | Aug 20, 2019 | 3 | Aug 23, 2019 | 3 | Aug 28, 2019 | 6 |
| -0.54% | Aug 10, 2021 | 3 | Aug 13, 2021 | 6 | Aug 23, 2021 | 9 |
| -0.47% | Jun 14, 2019 | 7 | Jun 25, 2019 | 4 | Jul 1, 2019 | 11 |
| -0.46% | Apr 26, 2021 | 3 | Apr 29, 2021 | 3 | May 4, 2021 | 6 |
| -0.44% | Jul 28, 2021 | 2 | Jul 30, 2021 | 3 | Aug 4, 2021 | 5 |
| -0.42% | Jul 2, 2019 | 2 | Jul 5, 2019 | 3 | Jul 10, 2019 | 5 |
| -0.42% | Aug 28, 2019 | 1 | Aug 29, 2019 | 2 | Sep 3, 2019 | 3 |
| -0.34% | Mar 28, 2019 | 2 | Apr 1, 2019 | 6 | Apr 9, 2019 | 8 |
| -0.33% | Apr 15, 2021 | 3 | Apr 20, 2021 | 4 | Apr 26, 2021 | 7 |
| -0.32% | Feb 11, 2020 | 3 | Feb 14, 2020 | 2 | Feb 19, 2020 | 5 |
| -0.29% | Jul 11, 2019 | 1 | Jul 12, 2019 | 7 | Jul 23, 2019 | 8 |