MDXBX vs. MUB
Compare and contrast key facts about T. Rowe Price Maryland Tax Free Bond Fund (MDXBX) and iShares National AMT-Free Muni Bond ETF (MUB).
MDXBX is managed by T. Rowe Price. It was launched on Mar 30, 1987. MUB is a passively managed fund by iShares that tracks the performance of the S&P National AMT-Free Municipal Bond Index. It was launched on Sep 7, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MDXBX or MUB.
Correlation
The correlation between MDXBX and MUB is 0.57, 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
MDXBX vs. MUB - Performance Comparison
Key characteristics
MDXBX:
0.99
MUB:
0.49
MDXBX:
1.36
MUB:
0.70
MDXBX:
1.21
MUB:
1.09
MDXBX:
0.67
MUB:
0.40
MDXBX:
3.26
MUB:
1.75
MDXBX:
1.06%
MUB:
1.05%
MDXBX:
3.51%
MUB:
3.76%
MDXBX:
-14.37%
MUB:
-13.68%
MDXBX:
-1.48%
MUB:
-1.20%
Returns By Period
In the year-to-date period, MDXBX achieves a 0.19% return, which is significantly lower than MUB's 0.41% return. Over the past 10 years, MDXBX has outperformed MUB with an annualized return of 2.21%, while MUB has yielded a comparatively lower 2.08% annualized return.
MDXBX
0.19%
0.79%
0.59%
3.46%
0.81%
2.21%
MUB
0.41%
0.71%
0.29%
1.95%
0.64%
2.08%
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MDXBX vs. MUB - Expense Ratio Comparison
MDXBX has a 0.49% expense ratio, which is higher than MUB's 0.07% expense ratio.
Risk-Adjusted Performance
MDXBX vs. MUB — Risk-Adjusted Performance Rank
MDXBX
MUB
MDXBX vs. MUB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Maryland Tax Free Bond Fund (MDXBX) and iShares National AMT-Free Muni Bond ETF (MUB). 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
MDXBX vs. MUB - Dividend Comparison
MDXBX's dividend yield for the trailing twelve months is around 3.30%, more than MUB's 3.01% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MDXBX T. Rowe Price Maryland Tax Free Bond Fund | 3.30% | 3.27% | 3.06% | 2.80% | 2.30% | 2.65% | 2.82% | 3.11% | 3.25% | 3.44% | 3.58% | 3.67% |
MUB iShares National AMT-Free Muni Bond ETF | 3.01% | 3.01% | 2.65% | 2.11% | 1.81% | 2.11% | 2.42% | 2.46% | 2.26% | 2.21% | 2.51% | 2.73% |
Drawdowns
MDXBX vs. MUB - Drawdown Comparison
The maximum MDXBX drawdown since its inception was -14.37%, which is greater than MUB's maximum drawdown of -13.68%. Use the drawdown chart below to compare losses from any high point for MDXBX and MUB. For additional features, visit the drawdowns tool.
Volatility
MDXBX vs. MUB - Volatility Comparison
T. Rowe Price Maryland Tax Free Bond Fund (MDXBX) and iShares National AMT-Free Muni Bond ETF (MUB) have volatilities of 1.13% and 1.12%, 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.