ECON vs. MUST
Compare and contrast key facts about Columbia Emerging Markets Consumer ETF (ECON) and Columbia Multi-Sector Municipal Income ETF (MUST).
ECON and MUST are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ECON is a passively managed fund by Ameriprise Financial that tracks the performance of the Dow Jones Emerging Markets Consumer Titans Index. It was launched on Sep 14, 2010. MUST is a passively managed fund by Ameriprise Financial that tracks the performance of the Bloomberg Beta Advantage Multi-Sector Municipal Bond Index. It was launched on Oct 10, 2018. Both ECON and MUST are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
ECON vs. MUST - Performance Comparison
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ECON vs. MUST - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
ECON Columbia Emerging Markets Consumer ETF | 5.16% | 34.15% | 0.22% | 7.51% | -16.00% | -14.11% | 20.83% | 17.22% | 1.79% |
MUST Columbia Multi-Sector Municipal Income ETF | 0.02% | 4.92% | 0.37% | 6.23% | -8.82% | 1.93% | 6.67% | 8.35% | 2.72% |
Returns By Period
In the year-to-date period, ECON achieves a 5.16% return, which is significantly higher than MUST's 0.02% return.
ECON
- 1D
- 3.72%
- 1M
- -9.41%
- YTD
- 5.16%
- 6M
- 10.37%
- 1Y
- 34.32%
- 3Y*
- 13.54%
- 5Y*
- 1.87%
- 10Y*
- 3.59%
MUST
- 1D
- 0.34%
- 1M
- -2.40%
- YTD
- 0.02%
- 6M
- 1.52%
- 1Y
- 5.29%
- 3Y*
- 2.90%
- 5Y*
- 0.78%
- 10Y*
- —
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ECON vs. MUST - Expense Ratio Comparison
ECON has a 0.49% expense ratio, which is higher than MUST's 0.23% expense ratio.
Return for Risk
ECON vs. MUST — Risk / Return Rank
ECON
MUST
ECON vs. MUST - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Emerging Markets Consumer ETF (ECON) and Columbia Multi-Sector Municipal Income ETF (MUST). 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.
| ECON | MUST | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.70 | 0.81 | +0.89 |
Sortino ratioReturn per unit of downside risk | 2.30 | 1.10 | +1.20 |
Omega ratioGain probability vs. loss probability | 1.33 | 1.16 | +0.17 |
Calmar ratioReturn relative to maximum drawdown | 2.49 | 1.17 | +1.32 |
Martin ratioReturn relative to average drawdown | 9.33 | 4.26 | +5.07 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ECON | MUST | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.70 | 0.81 | +0.89 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.09 | 0.15 | -0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.17 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.16 | 0.51 | -0.35 |
Correlation
The correlation between ECON and MUST is 0.08, 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.
Dividends
ECON vs. MUST - Dividend Comparison
ECON's dividend yield for the trailing twelve months is around 1.68%, less than MUST's 3.29% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ECON Columbia Emerging Markets Consumer ETF | 1.68% | 1.77% | 0.76% | 1.57% | 2.06% | 1.08% | 0.63% | 1.68% | 0.98% | 0.35% | 0.74% | 1.10% |
MUST Columbia Multi-Sector Municipal Income ETF | 3.29% | 3.28% | 3.13% | 2.51% | 1.76% | 1.62% | 2.33% | 2.70% | 0.55% | 0.00% | 0.00% | 0.00% |
Drawdowns
ECON vs. MUST - Drawdown Comparison
The maximum ECON drawdown since its inception was -45.37%, which is greater than MUST's maximum drawdown of -13.83%. Use the drawdown chart below to compare losses from any high point for ECON and MUST.
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Drawdown Indicators
| ECON | MUST | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.37% | -13.83% | -31.54% |
Max Drawdown (1Y)Largest decline over 1 year | -13.76% | -4.56% | -9.20% |
Max Drawdown (5Y)Largest decline over 5 years | -38.08% | -13.83% | -24.25% |
Max Drawdown (10Y)Largest decline over 10 years | -45.37% | — | — |
Current DrawdownCurrent decline from peak | -10.55% | -2.49% | -8.06% |
Average DrawdownAverage peak-to-trough decline | -16.81% | -3.44% | -13.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.66% | 1.25% | +2.41% |
Volatility
ECON vs. MUST - Volatility Comparison
Columbia Emerging Markets Consumer ETF (ECON) has a higher volatility of 10.51% compared to Columbia Multi-Sector Municipal Income ETF (MUST) at 1.84%. This indicates that ECON's price experiences larger fluctuations and is considered to be riskier than MUST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ECON | MUST | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.51% | 1.84% | +8.67% |
Volatility (6M)Calculated over the trailing 6-month period | 15.20% | 3.43% | +11.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.30% | 6.60% | +13.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.82% | 5.38% | +14.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.84% | 5.60% | +15.24% |