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MAPYX vs. FGNSX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

MAPYX vs. FGNSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Pennsylvania Municipal Bond Fund (MAPYX) and Strategic Advisers Tax-Sensitive Short Duration Fund (FGNSX). The values are adjusted to include any dividend payments, if applicable.

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MAPYX vs. FGNSX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
MAPYX
BlackRock Pennsylvania Municipal Bond Fund
-0.78%5.20%3.57%5.80%-12.40%3.18%4.29%6.67%0.73%0.43%
FGNSX
Strategic Advisers Tax-Sensitive Short Duration Fund
-0.10%3.08%3.47%3.56%-0.36%0.14%1.04%2.11%1.47%-0.10%

Returns By Period

In the year-to-date period, MAPYX achieves a -0.78% return, which is significantly lower than FGNSX's -0.10% return.


MAPYX

1D
0.31%
1M
-2.51%
YTD
-0.78%
6M
1.09%
1Y
3.42%
3Y*
3.77%
5Y*
0.63%
10Y*
1.90%

FGNSX

1D
0.00%
1M
-0.40%
YTD
-0.10%
6M
0.34%
1Y
1.98%
3Y*
2.99%
5Y*
1.93%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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MAPYX vs. FGNSX - Expense Ratio Comparison

MAPYX has a 0.54% expense ratio, which is higher than FGNSX's 0.07% expense ratio.


Return for Risk

MAPYX vs. FGNSX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MAPYX
MAPYX Risk / Return Rank: 1818
Overall Rank
MAPYX Sharpe Ratio Rank: 1414
Sharpe Ratio Rank
MAPYX Sortino Ratio Rank: 1212
Sortino Ratio Rank
MAPYX Omega Ratio Rank: 2727
Omega Ratio Rank
MAPYX Calmar Ratio Rank: 1919
Calmar Ratio Rank
MAPYX Martin Ratio Rank: 1616
Martin Ratio Rank

FGNSX
FGNSX Risk / Return Rank: 3737
Overall Rank
FGNSX Sharpe Ratio Rank: 2222
Sharpe Ratio Rank
FGNSX Sortino Ratio Rank: 1919
Sortino Ratio Rank
FGNSX Omega Ratio Rank: 8989
Omega Ratio Rank
FGNSX Calmar Ratio Rank: 3535
Calmar Ratio Rank
FGNSX Martin Ratio Rank: 2222
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MAPYX vs. FGNSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Pennsylvania Municipal Bond Fund (MAPYX) and Strategic Advisers Tax-Sensitive Short Duration Fund (FGNSX). 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.


MAPYXFGNSXDifference

Sharpe ratio

Return per unit of total volatility

0.49

0.64

-0.15

Sortino ratio

Return per unit of downside risk

0.70

0.92

-0.22

Omega ratio

Gain probability vs. loss probability

1.17

1.41

-0.24

Calmar ratio

Return relative to maximum drawdown

0.76

1.07

-0.31

Martin ratio

Return relative to average drawdown

2.31

2.74

-0.43

MAPYX vs. FGNSX - Sharpe Ratio Comparison

The current MAPYX Sharpe Ratio is 0.49, which is comparable to the FGNSX Sharpe Ratio of 0.64. The chart below compares the historical Sharpe Ratios of MAPYX and FGNSX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


MAPYXFGNSXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.49

0.64

-0.15

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.12

0.98

-0.86

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.39

Sharpe Ratio (All Time)

Calculated using the full available price history

1.15

1.06

+0.09

Correlation

The correlation between MAPYX and FGNSX is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

MAPYX vs. FGNSX - Dividend Comparison

MAPYX's dividend yield for the trailing twelve months is around 3.86%, more than FGNSX's 1.86% yield.


TTM20252024202320222021202020192018201720162015
MAPYX
BlackRock Pennsylvania Municipal Bond Fund
3.86%4.98%4.11%3.00%2.17%2.59%3.14%3.79%4.03%4.16%4.12%4.00%
FGNSX
Strategic Advisers Tax-Sensitive Short Duration Fund
1.86%2.63%3.31%2.57%0.84%0.34%0.83%1.79%1.36%0.00%0.00%0.00%

Drawdowns

MAPYX vs. FGNSX - Drawdown Comparison

The maximum MAPYX drawdown since its inception was -17.13%, which is greater than FGNSX's maximum drawdown of -2.35%. Use the drawdown chart below to compare losses from any high point for MAPYX and FGNSX.


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Drawdown Indicators


MAPYXFGNSXDifference

Max Drawdown

Largest peak-to-trough decline

-17.13%

-2.35%

-14.78%

Max Drawdown (1Y)

Largest decline over 1 year

-6.77%

-2.35%

-4.42%

Max Drawdown (5Y)

Largest decline over 5 years

-17.13%

-2.35%

-14.78%

Max Drawdown (10Y)

Largest decline over 10 years

-17.13%

Current Drawdown

Current decline from peak

-2.80%

-0.50%

-2.30%

Average Drawdown

Average peak-to-trough decline

-2.28%

-0.25%

-2.03%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.24%

0.92%

+1.32%

Volatility

MAPYX vs. FGNSX - Volatility Comparison

BlackRock Pennsylvania Municipal Bond Fund (MAPYX) has a higher volatility of 1.36% compared to Strategic Advisers Tax-Sensitive Short Duration Fund (FGNSX) at 0.23%. This indicates that MAPYX's price experiences larger fluctuations and is considered to be riskier than FGNSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


MAPYXFGNSXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.36%

0.23%

+1.13%

Volatility (6M)

Calculated over the trailing 6-month period

2.02%

0.66%

+1.36%

Volatility (1Y)

Calculated over the trailing 1-year period

7.76%

3.85%

+3.91%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.24%

2.04%

+3.20%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.83%

1.66%

+3.17%