MAV vs. MADFX
Compare and contrast key facts about Pioneer Municipal High Income Advantage Fund, Inc. (MAV) and Matrix Advisors Dividend Fund (MADFX).
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: MAV or MADFX.
Correlation
The correlation between MAV and MADFX 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
MAV vs. MADFX - Performance Comparison
Key characteristics
MAV:
1.19
MADFX:
1.83
MAV:
1.63
MADFX:
2.61
MAV:
1.21
MADFX:
1.34
MAV:
0.35
MADFX:
2.81
MAV:
4.58
MADFX:
8.50
MAV:
2.39%
MADFX:
2.59%
MAV:
9.19%
MADFX:
12.02%
MAV:
-51.55%
MADFX:
-33.17%
MAV:
-20.52%
MADFX:
-0.49%
Returns By Period
In the year-to-date period, MAV achieves a 3.29% return, which is significantly lower than MADFX's 6.78% return.
MAV
3.29%
1.68%
2.07%
12.32%
-0.43%
-0.41%
MADFX
6.78%
2.51%
7.57%
20.81%
8.21%
N/A
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
MAV vs. MADFX — Risk-Adjusted Performance Rank
MAV
MADFX
MAV vs. MADFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pioneer Municipal High Income Advantage Fund, Inc. (MAV) and Matrix Advisors Dividend Fund (MADFX). 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
MAV vs. MADFX - Dividend Comparison
MAV's dividend yield for the trailing twelve months is around 4.56%, more than MADFX's 1.90% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MAV Pioneer Municipal High Income Advantage Fund, Inc. | 4.56% | 4.56% | 4.73% | 6.17% | 4.87% | 4.48% | 4.54% | 6.24% | 5.26% | 6.90% | 7.64% | 7.62% |
MADFX Matrix Advisors Dividend Fund | 1.90% | 2.03% | 2.10% | 2.23% | 2.10% | 2.61% | 2.87% | 1.81% | 2.06% | 0.33% | 0.00% | 0.00% |
Drawdowns
MAV vs. MADFX - Drawdown Comparison
The maximum MAV drawdown since its inception was -51.55%, which is greater than MADFX's maximum drawdown of -33.17%. Use the drawdown chart below to compare losses from any high point for MAV and MADFX. For additional features, visit the drawdowns tool.
Volatility
MAV vs. MADFX - Volatility Comparison
Pioneer Municipal High Income Advantage Fund, Inc. (MAV) has a higher volatility of 2.96% compared to Matrix Advisors Dividend Fund (MADFX) at 2.59%. This indicates that MAV's price experiences larger fluctuations and is considered to be riskier than MADFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.