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MAYHX vs. VTEB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between MAYHX and VTEB is 0.00, 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

MAYHX vs. VTEB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock High Yield Municipal Fund (MAYHX) and Vanguard Tax-Exempt Bond ETF (VTEB). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Returns By Period


MAYHX

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

VTEB

YTD

-1.35%

1M

1.15%

6M

-1.63%

1Y

0.64%

5Y*

0.91%

10Y*

N/A

*Annualized

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MAYHX vs. VTEB - Expense Ratio Comparison

MAYHX has a 0.59% expense ratio, which is higher than VTEB's 0.05% expense ratio.


Risk-Adjusted Performance

MAYHX vs. VTEB — Risk-Adjusted Performance Rank

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

MAYHX
The Risk-Adjusted Performance Rank of MAYHX is 9090
Overall Rank
The Sharpe Ratio Rank of MAYHX is 9292
Sharpe Ratio Rank
The Sortino Ratio Rank of MAYHX is 9292
Sortino Ratio Rank
The Omega Ratio Rank of MAYHX is 9393
Omega Ratio Rank
The Calmar Ratio Rank of MAYHX is 8585
Calmar Ratio Rank
The Martin Ratio Rank of MAYHX is 9090
Martin Ratio Rank

VTEB
The Risk-Adjusted Performance Rank of VTEB is 2323
Overall Rank
The Sharpe Ratio Rank of VTEB is 2525
Sharpe Ratio Rank
The Sortino Ratio Rank of VTEB is 2020
Sortino Ratio Rank
The Omega Ratio Rank of VTEB is 2020
Omega Ratio Rank
The Calmar Ratio Rank of VTEB is 2727
Calmar Ratio Rank
The Martin Ratio Rank of VTEB is 2525
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

MAYHX vs. VTEB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock High Yield Municipal Fund (MAYHX) and Vanguard Tax-Exempt Bond ETF (VTEB). 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.



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Dividends

MAYHX vs. VTEB - Dividend Comparison

MAYHX has not paid dividends to shareholders, while VTEB's dividend yield for the trailing twelve months is around 3.27%.


TTM20242023202220212020201920182017201620152014
MAYHX
BlackRock High Yield Municipal Fund
3.17%4.20%4.11%3.93%3.01%3.58%3.75%4.15%4.13%4.30%4.33%4.34%
VTEB
Vanguard Tax-Exempt Bond ETF
3.27%3.14%2.79%2.09%1.65%1.99%2.30%2.25%1.96%1.66%0.58%0.00%

Drawdowns

MAYHX vs. VTEB - Drawdown Comparison


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Volatility

MAYHX vs. VTEB - Volatility Comparison


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