MAVFX vs. MAV
Compare and contrast key facts about Matrix Advisors Value Fund (MAVFX) and Pioneer Municipal High Income Advantage Fund, Inc. (MAV).
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: MAVFX or MAV.
Correlation
The correlation between MAVFX and MAV 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
MAVFX vs. MAV - Performance Comparison
Key characteristics
MAVFX:
1.52
MAV:
1.12
MAVFX:
2.08
MAV:
1.54
MAVFX:
1.29
MAV:
1.20
MAVFX:
1.59
MAV:
0.33
MAVFX:
8.49
MAV:
4.29
MAVFX:
2.35%
MAV:
2.39%
MAVFX:
13.12%
MAV:
9.22%
MAVFX:
-66.64%
MAV:
-51.55%
MAVFX:
-2.57%
MAV:
-21.10%
Returns By Period
In the year-to-date period, MAVFX achieves a 4.00% return, which is significantly higher than MAV's 2.53% return. Over the past 10 years, MAVFX has outperformed MAV with an annualized return of 6.46%, while MAV has yielded a comparatively lower -0.44% annualized return.
MAVFX
4.00%
0.46%
7.59%
21.06%
8.93%
6.46%
MAV
2.53%
1.18%
0.97%
10.13%
-0.58%
-0.44%
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Risk-Adjusted Performance
MAVFX vs. MAV — Risk-Adjusted Performance Rank
MAVFX
MAV
MAVFX vs. MAV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Matrix Advisors Value Fund (MAVFX) and Pioneer Municipal High Income Advantage Fund, Inc. (MAV). 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
MAVFX vs. MAV - Dividend Comparison
MAVFX's dividend yield for the trailing twelve months is around 0.71%, less than MAV's 4.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MAVFX Matrix Advisors Value Fund | 0.71% | 0.74% | 1.14% | 0.86% | 0.85% | 1.91% | 0.93% | 1.54% | 1.15% | 2.41% | 1.57% | 1.24% |
MAV Pioneer Municipal High Income Advantage Fund, Inc. | 4.19% | 4.56% | 4.73% | 6.17% | 4.87% | 4.48% | 4.54% | 6.24% | 5.26% | 6.90% | 7.64% | 7.62% |
Drawdowns
MAVFX vs. MAV - Drawdown Comparison
The maximum MAVFX drawdown since its inception was -66.64%, which is greater than MAV's maximum drawdown of -51.55%. Use the drawdown chart below to compare losses from any high point for MAVFX and MAV. For additional features, visit the drawdowns tool.
Volatility
MAVFX vs. MAV - Volatility Comparison
The current volatility for Matrix Advisors Value Fund (MAVFX) is 2.71%, while Pioneer Municipal High Income Advantage Fund, Inc. (MAV) has a volatility of 3.09%. This indicates that MAVFX experiences smaller price fluctuations and is considered to be less risky than MAV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.