PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
VanEck Long Muni ETF (MLN)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US92189F5364

CUSIP

92189F536

Issuer

VanEck

Inception Date

Jan 2, 2008

Region

North America (U.S.)

Leveraged

1x

Index Tracked

Bloomberg AMT-Free Long Continuous

Asset Class

Bond

Expense Ratio

MLN has an expense ratio of 0.24%, which is considered low compared to other funds.


Expense ratio chart for MLN: current value at 0.24% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.24%

Share Price Chart


Loading data...

Compare to other instruments

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


Popular comparisons:
MLN vs. ESEB MLN vs. LKOR MLN vs. VCLT MLN vs. TLT MLN vs. BLV MLN vs. EMNT MLN vs. FALN MLN vs. SGOV MLN vs. SJNK MLN vs. BND
Popular comparisons:
MLN vs. ESEB MLN vs. LKOR MLN vs. VCLT MLN vs. TLT MLN vs. BLV MLN vs. EMNT MLN vs. FALN MLN vs. SGOV MLN vs. SJNK MLN vs. BND

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in VanEck Long Muni ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


50.00%100.00%150.00%200.00%250.00%300.00%JulyAugustSeptemberOctoberNovemberDecember
61.20%
318.79%
MLN (VanEck Long Muni ETF)
Benchmark (^GSPC)

Returns By Period

VanEck Long Muni ETF had a return of 0.44% year-to-date (YTD) and 0.89% in the last 12 months. Over the past 10 years, VanEck Long Muni ETF had an annualized return of 1.97%, while the S&P 500 had an annualized return of 11.06%, indicating that VanEck Long Muni ETF did not perform as well as the benchmark.


MLN

YTD

0.44%

1M

-1.02%

6M

0.66%

1Y

0.89%

5Y*

-0.48%

10Y*

1.97%

^GSPC (Benchmark)

YTD

24.34%

1M

0.23%

6M

8.53%

1Y

24.95%

5Y*

13.01%

10Y*

11.06%

Monthly Returns

The table below presents the monthly returns of MLN, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-0.82%0.41%-0.32%-1.58%0.40%1.27%1.59%0.05%1.70%-1.85%2.28%0.44%
20234.35%-3.43%2.85%0.23%-0.81%1.06%0.22%-2.44%-4.01%-2.87%9.70%3.75%8.05%
2022-4.42%-0.69%-5.24%-6.24%2.75%-4.91%4.94%-3.98%-5.86%-1.99%8.89%-0.74%-17.19%
20210.90%-2.78%0.73%1.41%1.02%0.65%0.68%-0.61%-1.31%-0.11%1.54%0.14%2.20%
20202.33%1.81%-6.26%-2.86%5.89%1.33%1.44%0.22%0.12%-0.50%2.25%0.77%6.22%
20190.61%0.83%2.87%0.80%2.05%0.10%0.71%2.93%-1.05%0.18%-0.06%0.21%10.59%
2018-2.44%-1.12%1.88%-1.45%2.12%-0.02%-0.16%-0.15%-1.37%-1.09%1.54%1.61%-0.77%
20170.21%1.04%0.29%0.47%2.09%-0.20%0.80%1.30%-0.84%0.89%-0.15%2.05%8.19%
20161.46%0.13%0.77%1.50%0.50%2.71%-0.10%-0.04%-0.53%-1.83%-7.08%3.06%0.16%
20152.52%-1.65%0.06%-1.31%-0.99%-0.46%1.96%-0.53%1.19%0.85%1.15%1.09%3.86%
20144.67%1.92%0.66%1.69%2.56%0.03%-0.15%2.24%0.07%0.95%0.36%1.51%17.69%
20131.29%0.08%-2.03%2.35%-3.50%-6.31%-2.19%-3.48%6.41%0.64%-0.58%-1.60%-9.11%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of MLN is 15, meaning it’s performing worse than 85% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of MLN is 1515
Overall Rank
The Sharpe Ratio Rank of MLN is 1515
Sharpe Ratio Rank
The Sortino Ratio Rank of MLN is 1414
Sortino Ratio Rank
The Omega Ratio Rank of MLN is 1414
Omega Ratio Rank
The Calmar Ratio Rank of MLN is 1414
Calmar Ratio Rank
The Martin Ratio Rank of MLN is 1717
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.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for VanEck Long Muni ETF (MLN) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for MLN, currently valued at 0.14, compared to the broader market0.002.004.000.142.10
The chart of Sortino ratio for MLN, currently valued at 0.22, compared to the broader market-2.000.002.004.006.008.0010.000.222.80
The chart of Omega ratio for MLN, currently valued at 1.03, compared to the broader market0.501.001.502.002.503.001.031.39
The chart of Calmar ratio for MLN, currently valued at 0.06, compared to the broader market0.005.0010.0015.000.063.09
The chart of Martin ratio for MLN, currently valued at 0.65, compared to the broader market0.0020.0040.0060.0080.00100.000.6513.49
MLN
^GSPC

The current VanEck Long Muni ETF Sharpe ratio is 0.14. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of VanEck Long Muni ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
0.14
2.10
MLN (VanEck Long Muni ETF)
Benchmark (^GSPC)

Dividends

Dividend History

VanEck Long Muni ETF provided a 3.61% dividend yield over the last twelve months, with an annual payout of $0.64 per share.


2.50%3.00%3.50%4.00%4.50%$0.00$0.20$0.40$0.60$0.8020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.64$0.58$0.47$0.55$0.58$0.60$0.61$0.59$0.61$0.68$0.75$0.78

Dividend yield

3.61%3.19%2.67%2.52%2.69%2.87%3.09%2.91%3.16%3.39%3.78%4.43%

Monthly Dividends

The table displays the monthly dividend distributions for VanEck Long Muni ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.05$0.05$0.06$0.05$0.05$0.05$0.06$0.05$0.05$0.06$0.05$0.59
2023$0.00$0.05$0.04$0.05$0.04$0.05$0.05$0.04$0.05$0.05$0.05$0.10$0.58
2022$0.00$0.04$0.03$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.08$0.47
2021$0.00$0.04$0.04$0.05$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.14$0.55
2020$0.00$0.05$0.05$0.05$0.04$0.05$0.04$0.05$0.05$0.04$0.05$0.13$0.58
2019$0.00$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.12$0.60
2018$0.00$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.10$0.61
2017$0.00$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.10$0.59
2016$0.00$0.06$0.04$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.11$0.61
2015$0.00$0.06$0.05$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.11$0.68
2014$0.00$0.07$0.06$0.07$0.06$0.07$0.06$0.06$0.06$0.06$0.06$0.12$0.75
2013$0.07$0.06$0.07$0.06$0.06$0.06$0.07$0.07$0.07$0.07$0.13$0.78

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-10.95%
-2.62%
MLN (VanEck Long Muni ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the VanEck Long Muni ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the VanEck Long Muni ETF was 28.36%, occurring on Dec 15, 2008. Recovery took 196 trading sessions.

The current VanEck Long Muni ETF drawdown is 10.95%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-28.36%Jan 24, 2008215Dec 15, 2008196Sep 25, 2009411
-24.45%Jul 21, 2021321Oct 26, 2022
-23.59%Mar 10, 20208Mar 19, 202099Aug 10, 2020107
-16.46%Dec 3, 2012182Aug 22, 2013253Aug 25, 2014435
-14.34%Oct 13, 201067Jan 18, 2011137Aug 3, 2011204

Volatility

Volatility Chart

The current VanEck Long Muni ETF volatility is 2.16%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
2.16%
3.79%
MLN (VanEck Long Muni ETF)
Benchmark (^GSPC)
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab