MADFX vs. MAV
Compare and contrast key facts about Matrix Advisors Dividend Fund (MADFX) and Pioneer Municipal High Income Advantage Fund, Inc. (MAV).
MADFX is managed by Matrix Advisors Funds Trust. It was launched on Oct 13, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MADFX or MAV.
Correlation
The correlation between MADFX and MAV is 0.13, 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.
Performance
MADFX vs. MAV - Performance Comparison
Key characteristics
MADFX:
1.87
MAV:
1.16
MADFX:
2.65
MAV:
1.59
MADFX:
1.34
MAV:
1.21
MADFX:
2.86
MAV:
0.35
MADFX:
8.65
MAV:
4.45
MADFX:
2.59%
MAV:
2.40%
MADFX:
12.01%
MAV:
9.21%
MADFX:
-33.17%
MAV:
-51.55%
MADFX:
0.00%
MAV:
-21.10%
Returns By Period
In the year-to-date period, MADFX achieves a 7.30% return, which is significantly higher than MAV's 2.53% return.
MADFX
7.30%
2.62%
9.47%
21.98%
8.32%
N/A
MAV
2.53%
0.58%
1.32%
10.27%
-0.58%
-0.47%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
MADFX vs. MAV — Risk-Adjusted Performance Rank
MADFX
MAV
MADFX vs. MAV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Matrix Advisors Dividend Fund (MADFX) and Pioneer Municipal High Income Advantage Fund, Inc. (MAV). 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.
Dividends
MADFX vs. MAV - Dividend Comparison
MADFX's dividend yield for the trailing twelve months is around 1.89%, less than MAV's 4.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MADFX Matrix Advisors Dividend Fund | 1.89% | 2.03% | 2.10% | 2.23% | 2.10% | 2.61% | 2.87% | 1.81% | 2.06% | 0.33% | 0.00% | 0.00% |
MAV Pioneer Municipal High Income Advantage Fund, Inc. | 4.19% | 4.56% | 4.73% | 6.17% | 4.87% | 4.48% | 4.54% | 6.24% | 5.26% | 6.90% | 7.64% | 7.62% |
Drawdowns
MADFX vs. MAV - Drawdown Comparison
The maximum MADFX drawdown since its inception was -33.17%, smaller than the maximum MAV drawdown of -51.55%. Use the drawdown chart below to compare losses from any high point for MADFX and MAV. For additional features, visit the drawdowns tool.
Volatility
MADFX vs. MAV - Volatility Comparison
The current volatility for Matrix Advisors Dividend Fund (MADFX) is 2.57%, while Pioneer Municipal High Income Advantage Fund, Inc. (MAV) has a volatility of 3.04%. This indicates that MADFX experiences smaller price fluctuations and is considered to be less risky than MAV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.