BP vs. MUB
BP (BP p.l.c.) is a stock, while MUB (iShares National AMT-Free Muni Bond ETF) is Municipal Bonds fund tracking the S&P National AMT-Free Municipal Bond Index. Over the past 10 years, BP returned 8.00%/yr vs 1.83%/yr for MUB. Their -0.10 correlation means they have often moved in opposite directions in the past.
Performance
BP vs. MUB - Performance Comparison
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Returns By Period
In the year-to-date period, BP achieves a 21.57% return, which is significantly higher than MUB's 0.66% return. Over the past 10 years, BP has outperformed MUB with an annualized return of 8.00%, while MUB has yielded a comparatively lower 1.83% annualized return.
BP
- 1D
- -2.90%
- 1M
- 10.22%
- 6M
- 7.71%
- YTD
- 21.57%
- 1Y
- 29.27%
- 3Y*
- 9.58%
- 5Y*
- 15.66%
- 10Y*
- 8.00%
- ALL TIME*
- 5.43%
MUB
- 1D
- 0.06%
- 1M
- -1.36%
- 6M
- -0.08%
- YTD
- 0.66%
- 1Y
- 4.87%
- 3Y*
- 3.15%
- 5Y*
- 0.63%
- 10Y*
- 1.83%
- ALL TIME*
- 3.14%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $401.62M | $345.57M | $374.94M | |
| $582.91M | $451.94M | $397.26M |
BP vs. MUB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BP BP p.l.c. | 21.57% | 24.54% | -11.84% | 6.00% | 37.01% | 36.38% | -41.31% | 5.83% | -4.57% | 20.02% |
MUB iShares National AMT-Free Muni Bond ETF | 0.66% | 3.78% | 1.26% | 5.56% | -7.34% | 1.02% | 5.12% | 7.06% | 0.93% | 4.72% |
Correlation
The correlation between BP and MUB is -0.28, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.28 |
Correlation (3Y) Balances recent behavior with more history. | -0.10 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.08 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.09 |
Correlation (All Time) Calculated using the full available price history since Sep 10, 2007 | -0.10 |
The correlation between BP and MUB shifts across timeframes, from -0.28 (1 year) to -0.08 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
BP vs. MUB — Risk / Return Rank
BP
MUB
BP vs. MUB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BP p.l.c. (BP) and iShares National AMT-Free Muni Bond ETF (MUB). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BP | MUB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.62 | ||
| Sortino ratioReturn per unit of downside risk | -0.88 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.33 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.27 | 1.76 | -0.49 |
| Martin ratioReturn relative to average drawdown | 4.25 | 5.61 | -1.36 |
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Drawdowns
BP vs. MUB - Drawdown Comparison
The maximum BP drawdown since its inception was -74.94%, which is greater than MUB's maximum drawdown of -13.68%. Use the drawdown chart below to compare losses from any high point for BP and MUB.
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Drawdown Indicators
| BP | MUB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.94% | -13.68% | -61.26% |
Max Drawdown (1Y)Largest decline over 1 year | -23.23% | -2.79% | -20.44% |
Max Drawdown (3Y)Largest decline over 3 years | -30.63% | -4.78% | -25.85% |
Max Drawdown (5Y)Largest decline over 5 years | -30.63% | -11.62% | -19.01% |
Max Drawdown (10Y)Largest decline over 10 years | -63.91% | -13.68% | -50.23% |
Current DrawdownCurrent decline from peak | -12.49% | -1.36% | -11.13% |
Average DrawdownAverage peak-to-trough decline | -25.22% | -2.22% | -23.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.90% | 0.87% | +6.03% |
Volatility
BP vs. MUB - Volatility Comparison
BP p.l.c. (BP) has a higher volatility of 10.53% compared to iShares National AMT-Free Muni Bond ETF (MUB) at 0.99%. This indicates that BP's price experiences larger fluctuations and is considered to be riskier than MUB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BP | MUB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.53% | 0.99% | +9.54% |
Volatility (6M)Calculated over the trailing 6-month period | 23.21% | 2.43% | +20.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.42% | 2.95% | +25.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.61% | 4.09% | +24.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.33% | 4.91% | +26.42% |
Dividends
BP vs. MUB - Dividend Comparison
BP's dividend yield for the trailing twelve months is around 4.85%, more than MUB's 3.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BP BP p.l.c. | 4.85% | 5.64% | 6.20% | 4.71% | 3.94% | 4.83% | 9.21% | 6.52% | 6.41% | 5.66% | 6.37% | 7.63% |
MUB iShares National AMT-Free Muni Bond ETF | 3.23% | 3.14% | 3.01% | 2.65% | 2.11% | 1.81% | 2.11% | 2.42% | 2.46% | 2.26% | 2.21% | 2.51% |
Frequently Asked Questions
BP and MUB have a correlation of -0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BP has higher volatility (10.53%) compared to MUB (0.99%). In terms of maximum drawdown, BP dropped -74.94% vs MUB's -13.68%.
MUB currently has the higher Sharpe Ratio (1.66 vs 1.04), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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