MAYHX vs. VTEB
Compare and contrast key facts about BlackRock High Yield Municipal Fund (MAYHX) and Vanguard Tax-Exempt Bond ETF (VTEB).
MAYHX is managed by Blackrock. It was launched on Jul 31, 2006. VTEB is a passively managed fund by Vanguard that tracks the performance of the S&P National AMT-Free Municipal Bond Index. It was launched on Aug 21, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MAYHX or VTEB.
Correlation
The correlation between MAYHX and VTEB is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
MAYHX vs. VTEB - Performance Comparison
Key characteristics
MAYHX:
1.90
VTEB:
0.70
MAYHX:
2.79
VTEB:
1.00
MAYHX:
1.45
VTEB:
1.13
MAYHX:
0.86
VTEB:
0.56
MAYHX:
6.90
VTEB:
2.52
MAYHX:
1.22%
VTEB:
1.04%
MAYHX:
4.44%
VTEB:
3.74%
MAYHX:
-34.02%
VTEB:
-17.00%
MAYHX:
-2.43%
VTEB:
-0.88%
Returns By Period
In the year-to-date period, MAYHX achieves a 1.32% return, which is significantly higher than VTEB's 0.72% return.
MAYHX
1.32%
1.32%
1.14%
8.05%
1.57%
3.75%
VTEB
0.72%
0.93%
0.69%
2.66%
0.74%
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.
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
MAYHX
VTEB
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.
Dividends
MAYHX vs. VTEB - Dividend Comparison
MAYHX's dividend yield for the trailing twelve months is around 3.81%, more than VTEB's 3.13% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MAYHX BlackRock High Yield Municipal Fund | 3.81% | 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 | 3.13% | 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
The maximum MAYHX drawdown since its inception was -34.02%, which is greater than VTEB's maximum drawdown of -17.00%. Use the drawdown chart below to compare losses from any high point for MAYHX and VTEB. For additional features, visit the drawdowns tool.
Volatility
MAYHX vs. VTEB - Volatility Comparison
The current volatility for BlackRock High Yield Municipal Fund (MAYHX) is 0.68%, while Vanguard Tax-Exempt Bond ETF (VTEB) has a volatility of 1.10%. This indicates that MAYHX experiences smaller price fluctuations and is considered to be less risky than VTEB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.