MAMTX vs. TQQQ
Compare and contrast key facts about Blackrock Strategic Municipal Opportunities Fund Of Blackrock Municipal Series Trust (MAMTX) and ProShares UltraPro QQQ (TQQQ).
MAMTX is managed by Blackrock. It was launched on Oct 30, 1988. TQQQ is a passively managed fund by ProShares that tracks the performance of the NASDAQ-100 Index (300%). It was launched on Feb 9, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MAMTX or TQQQ.
Correlation
The correlation between MAMTX and TQQQ is -0.00. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
MAMTX vs. TQQQ - Performance Comparison
Key characteristics
MAMTX:
0.81
TQQQ:
1.06
MAMTX:
1.29
TQQQ:
1.56
MAMTX:
1.19
TQQQ:
1.21
MAMTX:
0.46
TQQQ:
1.35
MAMTX:
2.78
TQQQ:
4.39
MAMTX:
1.25%
TQQQ:
13.17%
MAMTX:
4.30%
TQQQ:
54.39%
MAMTX:
-16.76%
TQQQ:
-81.66%
MAMTX:
-3.68%
TQQQ:
-3.96%
Returns By Period
In the year-to-date period, MAMTX achieves a 0.40% return, which is significantly lower than TQQQ's 12.85% return. Over the past 10 years, MAMTX has underperformed TQQQ with an annualized return of 1.96%, while TQQQ has yielded a comparatively higher 34.97% annualized return.
MAMTX
0.40%
0.59%
-0.35%
3.39%
0.19%
1.96%
TQQQ
12.85%
5.66%
31.45%
63.52%
28.01%
34.97%
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MAMTX vs. TQQQ - Expense Ratio Comparison
MAMTX has a 0.55% expense ratio, which is lower than TQQQ's 0.95% expense ratio.
Risk-Adjusted Performance
MAMTX vs. TQQQ — Risk-Adjusted Performance Rank
MAMTX
TQQQ
MAMTX vs. TQQQ - 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 ProShares UltraPro QQQ (TQQQ). 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. TQQQ - Dividend Comparison
MAMTX's dividend yield for the trailing twelve months is around 3.63%, more than TQQQ's 1.12% 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% |
TQQQ ProShares UltraPro QQQ | 1.12% | 1.27% | 1.26% | 0.57% | 0.00% | 0.00% | 0.06% | 0.11% | 0.00% | 0.00% | 0.01% | 0.03% |
Drawdowns
MAMTX vs. TQQQ - Drawdown Comparison
The maximum MAMTX drawdown since its inception was -16.76%, smaller than the maximum TQQQ drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for MAMTX and TQQQ. For additional features, visit the drawdowns tool.
Volatility
MAMTX vs. TQQQ - Volatility Comparison
The current volatility for Blackrock Strategic Municipal Opportunities Fund Of Blackrock Municipal Series Trust (MAMTX) is 1.13%, while ProShares UltraPro QQQ (TQQQ) has a volatility of 14.22%. This indicates that MAMTX experiences smaller price fluctuations and is considered to be less risky than TQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.