MAV vs. MAVFX
Compare and contrast key facts about Pioneer Municipal High Income Advantage Fund, Inc. (MAV) and Matrix Advisors Value Fund (MAVFX).
MAVFX is managed by Matrix/LMH. It was launched on Jul 1, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MAV or MAVFX.
Correlation
The correlation between MAV and MAVFX 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. MAVFX - Performance Comparison
Key characteristics
MAV:
1.19
MAVFX:
1.36
MAV:
1.63
MAVFX:
1.86
MAV:
1.21
MAVFX:
1.26
MAV:
0.35
MAVFX:
1.47
MAV:
4.58
MAVFX:
7.55
MAV:
2.39%
MAVFX:
2.38%
MAV:
9.19%
MAVFX:
13.26%
MAV:
-51.55%
MAVFX:
-66.64%
MAV:
-20.52%
MAVFX:
-5.03%
Returns By Period
In the year-to-date period, MAV achieves a 3.29% return, which is significantly higher than MAVFX's 1.37% return. Over the past 10 years, MAV has underperformed MAVFX with an annualized return of -0.41%, while MAVFX has yielded a comparatively higher 6.16% annualized return.
MAV
3.29%
1.68%
2.07%
12.32%
-0.43%
-0.41%
MAVFX
1.37%
-3.18%
4.26%
16.17%
8.36%
6.16%
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Risk-Adjusted Performance
MAV vs. MAVFX — Risk-Adjusted Performance Rank
MAV
MAVFX
MAV vs. MAVFX - 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 Value Fund (MAVFX). 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. MAVFX - Dividend Comparison
MAV's dividend yield for the trailing twelve months is around 4.56%, more than MAVFX's 0.73% 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% |
MAVFX Matrix Advisors Value Fund | 0.73% | 0.74% | 1.14% | 0.86% | 0.85% | 1.91% | 0.93% | 1.54% | 1.15% | 2.41% | 1.57% | 1.24% |
Drawdowns
MAV vs. MAVFX - Drawdown Comparison
The maximum MAV drawdown since its inception was -51.55%, smaller than the maximum MAVFX drawdown of -66.64%. Use the drawdown chart below to compare losses from any high point for MAV and MAVFX. For additional features, visit the drawdowns tool.
Volatility
MAV vs. MAVFX - Volatility Comparison
Pioneer Municipal High Income Advantage Fund, Inc. (MAV) and Matrix Advisors Value Fund (MAVFX) have volatilities of 2.96% and 3.11%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.