EPD vs. MUB
EPD (Enterprise Products Partners L.P.) 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, EPD returned 10.37%/yr vs 2.01%/yr for MUB. At a correlation of -0.04, they often move in opposite directions.
Performance
EPD vs. MUB - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EPD achieves a 22.78% return, which is significantly higher than MUB's 1.41% return. Over the past 10 years, EPD has outperformed MUB with an annualized return of 10.37%, while MUB has yielded a comparatively lower 2.01% annualized return.
EPD
- 1D
- 0.50%
- 1M
- -0.83%
- YTD
- 22.78%
- 6M
- 20.71%
- 1Y
- 32.26%
- 3Y*
- 21.93%
- 5Y*
- 17.48%
- 10Y*
- 10.37%
MUB
- 1D
- 0.17%
- 1M
- 0.66%
- YTD
- 1.41%
- 6M
- 1.92%
- 1Y
- 6.87%
- 3Y*
- 3.41%
- 5Y*
- 0.89%
- 10Y*
- 2.01%
EPD vs. MUB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EPD Enterprise Products Partners L.P. | 22.78% | 9.45% | 28.00% | 17.71% | 18.32% | 21.40% | -23.61% | 21.88% | -1.32% | 4.24% |
MUB iShares National AMT-Free Muni Bond ETF | 1.41% | 3.78% | 1.26% | 5.56% | -7.34% | 1.02% | 5.12% | 7.06% | 0.93% | 4.72% |
Correlation
The correlation between EPD and MUB is -0.17, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.04 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.02 |
Correlation (All Time) Calculated using the full available price history since Sep 11, 2007 | -0.04 |
The correlation between EPD and MUB shifts across timeframes, from -0.17 (1 year) to 0.05 (3 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EPD vs. MUB — Risk / Return Rank
EPD
MUB
EPD vs. MUB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Enterprise Products Partners L.P. (EPD) 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.
| EPD | MUB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.32 | ||
| Sortino ratioReturn per unit of downside risk | -0.57 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.50 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 4.28 | 2.48 | +1.81 |
| Martin ratioReturn relative to average drawdown | 13.24 | 8.74 | +4.50 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| EPD | MUB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.05 | 2.37 | -0.32 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.02 | 0.22 | +0.80 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | 0.41 | +0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 0.59 | -0.05 |
Drawdowns
EPD vs. MUB - Drawdown Comparison
The maximum EPD drawdown since its inception was -58.78%, which is greater than MUB's maximum drawdown of -13.68%. Use the drawdown chart below to compare losses from any high point for EPD and MUB.
Loading charts...
Drawdown Indicators
| EPD | MUB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.78% | -13.68% | -45.10% |
Max Drawdown (1Y)Largest decline over 1 year | -7.56% | -2.79% | -4.77% |
Max Drawdown (3Y)Largest decline over 3 years | -15.40% | -5.34% | -10.06% |
Max Drawdown (5Y)Largest decline over 5 years | -18.06% | -11.88% | -6.18% |
Max Drawdown (10Y)Largest decline over 10 years | -58.04% | -13.68% | -44.36% |
Current DrawdownCurrent decline from peak | -4.07% | -0.53% | -3.54% |
Average DrawdownAverage peak-to-trough decline | -10.13% | -2.23% | -7.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.44% | 0.79% | +1.65% |
Volatility
EPD vs. MUB - Volatility Comparison
Enterprise Products Partners L.P. (EPD) has a higher volatility of 6.57% compared to iShares National AMT-Free Muni Bond ETF (MUB) at 0.98%. This indicates that EPD'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.
Loading charts...
Volatility by Period
| EPD | MUB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.57% | 0.98% | +5.59% |
Volatility (6M)Calculated over the trailing 6-month period | 13.16% | 2.22% | +10.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.93% | 2.92% | +13.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.23% | 4.06% | +13.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.15% | 4.92% | +19.23% |
Dividends
EPD vs. MUB - Dividend Comparison
EPD's dividend yield for the trailing twelve months is around 5.74%, more than MUB's 3.17% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EPD Enterprise Products Partners L.P. | 5.74% | 6.74% | 6.63% | 7.51% | 7.79% | 8.20% | 9.09% | 6.23% | 6.97% | 6.29% | 5.88% | 5.90% |
MUB iShares National AMT-Free Muni Bond ETF | 3.17% | 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
EPD and MUB have a correlation of -0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EPD has higher volatility (6.57%) compared to MUB (0.98%). In terms of maximum drawdown, EPD dropped -58.78% vs MUB's -13.68%.
MUB currently has the higher Sharpe Ratio (2.37 vs 2.05), 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.
Find the right allocation for EPD and MUB
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer