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MAPYX vs. WFSPX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

MAPYX vs. WFSPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Pennsylvania Municipal Bond Fund (MAPYX) and iShares S&P 500 Index Fund (WFSPX). The values are adjusted to include any dividend payments, if applicable.

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MAPYX vs. WFSPX - 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%5.78%
WFSPX
iShares S&P 500 Index Fund
-4.63%17.83%24.94%26.25%-18.14%28.63%18.43%31.45%-4.83%21.27%

Returns By Period

In the year-to-date period, MAPYX achieves a -0.78% return, which is significantly higher than WFSPX's -4.63% return. Over the past 10 years, MAPYX has underperformed WFSPX with an annualized return of 1.90%, while WFSPX has yielded a comparatively higher 13.92% annualized 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%

WFSPX

1D
2.62%
1M
-5.31%
YTD
-4.63%
6M
-2.47%
1Y
16.96%
3Y*
18.15%
5Y*
11.69%
10Y*
13.92%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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MAPYX vs. WFSPX - Expense Ratio Comparison

MAPYX has a 0.54% expense ratio, which is higher than WFSPX's 0.03% expense ratio.


Return for Risk

MAPYX vs. WFSPX — 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

WFSPX
WFSPX Risk / Return Rank: 5858
Overall Rank
WFSPX Sharpe Ratio Rank: 4646
Sharpe Ratio Rank
WFSPX Sortino Ratio Rank: 5151
Sortino Ratio Rank
WFSPX Omega Ratio Rank: 5454
Omega Ratio Rank
WFSPX Calmar Ratio Rank: 6262
Calmar Ratio Rank
WFSPX Martin Ratio Rank: 7474
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. WFSPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Pennsylvania Municipal Bond Fund (MAPYX) and iShares S&P 500 Index Fund (WFSPX). 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.


MAPYXWFSPXDifference

Sharpe ratio

Return per unit of total volatility

0.49

0.96

-0.47

Sortino ratio

Return per unit of downside risk

0.70

1.47

-0.76

Omega ratio

Gain probability vs. loss probability

1.17

1.22

-0.06

Calmar ratio

Return relative to maximum drawdown

0.76

1.49

-0.73

Martin ratio

Return relative to average drawdown

2.31

7.15

-4.85

MAPYX vs. WFSPX - Sharpe Ratio Comparison

The current MAPYX Sharpe Ratio is 0.49, which is lower than the WFSPX Sharpe Ratio of 0.96. The chart below compares the historical Sharpe Ratios of MAPYX and WFSPX, 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


MAPYXWFSPXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.49

0.96

-0.47

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.12

0.70

-0.58

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.39

0.78

-0.38

Sharpe Ratio (All Time)

Calculated using the full available price history

1.15

0.13

+1.02

Correlation

The correlation between MAPYX and WFSPX is -0.03. 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.


Dividends

MAPYX vs. WFSPX - Dividend Comparison

MAPYX's dividend yield for the trailing twelve months is around 3.86%, more than WFSPX's 1.54% 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%
WFSPX
iShares S&P 500 Index Fund
1.54%1.72%1.41%1.50%2.02%1.82%1.66%1.99%2.00%1.62%2.37%2.49%

Drawdowns

MAPYX vs. WFSPX - Drawdown Comparison

The maximum MAPYX drawdown since its inception was -17.13%, smaller than the maximum WFSPX drawdown of -58.21%. Use the drawdown chart below to compare losses from any high point for MAPYX and WFSPX.


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Drawdown Indicators


MAPYXWFSPXDifference

Max Drawdown

Largest peak-to-trough decline

-17.13%

-58.21%

+41.08%

Max Drawdown (1Y)

Largest decline over 1 year

-6.77%

-12.11%

+5.34%

Max Drawdown (5Y)

Largest decline over 5 years

-17.13%

-24.51%

+7.38%

Max Drawdown (10Y)

Largest decline over 10 years

-17.13%

-33.74%

+16.61%

Current Drawdown

Current decline from peak

-2.80%

-6.51%

+3.71%

Average Drawdown

Average peak-to-trough decline

-2.28%

-12.84%

+10.56%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.24%

2.53%

-0.29%

Volatility

MAPYX vs. WFSPX - Volatility Comparison

The current volatility for BlackRock Pennsylvania Municipal Bond Fund (MAPYX) is 1.36%, while iShares S&P 500 Index Fund (WFSPX) has a volatility of 5.17%. This indicates that MAPYX experiences smaller price fluctuations and is considered to be less risky than WFSPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


MAPYXWFSPXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.36%

5.17%

-3.81%

Volatility (6M)

Calculated over the trailing 6-month period

2.02%

9.44%

-7.42%

Volatility (1Y)

Calculated over the trailing 1-year period

7.76%

18.21%

-10.45%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.24%

16.88%

-11.64%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.83%

18.00%

-13.17%