MAMTX vs. SPY
Compare and contrast key facts about Blackrock Strategic Municipal Opportunities Fund Of Blackrock Municipal Series Trust (MAMTX) and SPDR S&P 500 ETF (SPY).
MAMTX is managed by Blackrock. It was launched on Oct 30, 1988. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MAMTX or SPY.
Correlation
The correlation between MAMTX and SPY is 0.01, 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
MAMTX vs. SPY - Performance Comparison
Key characteristics
MAMTX:
0.77
SPY:
1.87
MAMTX:
1.22
SPY:
2.52
MAMTX:
1.18
SPY:
1.35
MAMTX:
0.43
SPY:
2.81
MAMTX:
2.63
SPY:
11.69
MAMTX:
1.25%
SPY:
2.02%
MAMTX:
4.30%
SPY:
12.65%
MAMTX:
-16.76%
SPY:
-55.19%
MAMTX:
-3.68%
SPY:
0.00%
Returns By Period
In the year-to-date period, MAMTX achieves a 0.40% return, which is significantly lower than SPY's 4.58% return. Over the past 10 years, MAMTX has underperformed SPY with an annualized return of 1.93%, while SPY has yielded a comparatively higher 13.23% annualized return.
MAMTX
0.40%
0.88%
-0.35%
3.39%
0.19%
1.93%
SPY
4.58%
2.57%
10.04%
24.97%
14.73%
13.23%
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MAMTX vs. SPY - Expense Ratio Comparison
MAMTX has a 0.55% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
MAMTX vs. SPY — Risk-Adjusted Performance Rank
MAMTX
SPY
MAMTX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Blackrock Strategic Municipal Opportunities Fund Of Blackrock Municipal Series Trust (MAMTX) and SPDR S&P 500 ETF (SPY). 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
MAMTX vs. SPY - Dividend Comparison
MAMTX's dividend yield for the trailing twelve months is around 3.63%, more than SPY's 1.15% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MAMTX Blackrock Strategic Municipal Opportunities Fund Of Blackrock Municipal Series Trust | 3.63% | 3.60% | 2.96% | 2.64% | 2.01% | 2.39% | 2.71% | 3.02% | 2.89% | 2.59% | 2.85% | 2.72% |
SPY SPDR S&P 500 ETF | 1.15% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
MAMTX vs. SPY - Drawdown Comparison
The maximum MAMTX drawdown since its inception was -16.76%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for MAMTX and SPY. For additional features, visit the drawdowns tool.
Volatility
MAMTX vs. SPY - Volatility Comparison
The current volatility for Blackrock Strategic Municipal Opportunities Fund Of Blackrock Municipal Series Trust (MAMTX) is 1.15%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.00%. This indicates that MAMTX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.