MHD vs. WFSPX
Compare and contrast key facts about BlackRock MuniHoldings Fund (MHD) and iShares S&P 500 Index Fund (WFSPX).
MHD is an actively managed fund by BlackRock. It was launched on May 2, 1997. WFSPX is a passively managed fund by BlackRock that tracks the performance of the S&P 500 Index. It was launched on Jul 30, 1993.
Performance
MHD vs. WFSPX - Performance Comparison
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MHD vs. WFSPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MHD BlackRock MuniHoldings Fund | -2.46% | 7.04% | 3.38% | 2.06% | -23.70% | 8.09% | 0.24% | 20.68% | -5.47% | 8.08% |
WFSPX iShares S&P 500 Index Fund | -7.06% | 17.83% | 24.94% | 26.25% | -18.14% | 28.63% | 18.43% | 31.45% | -4.83% | 21.27% |
Returns By Period
In the year-to-date period, MHD achieves a -2.46% return, which is significantly higher than WFSPX's -7.06% return. Over the past 10 years, MHD has underperformed WFSPX with an annualized return of 0.44%, while WFSPX has yielded a comparatively higher 13.63% annualized return.
MHD
- 1D
- 0.98%
- 1M
- -4.89%
- YTD
- -2.46%
- 6M
- -1.05%
- 1Y
- 2.22%
- 3Y*
- 3.20%
- 5Y*
- -2.16%
- 10Y*
- 0.44%
WFSPX
- 1D
- -0.39%
- 1M
- -7.68%
- YTD
- -7.06%
- 6M
- -4.63%
- 1Y
- 14.40%
- 3Y*
- 17.13%
- 5Y*
- 11.37%
- 10Y*
- 13.63%
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MHD vs. WFSPX - Expense Ratio Comparison
MHD has a 2.14% expense ratio, which is higher than WFSPX's 0.03% expense ratio.
Return for Risk
MHD vs. WFSPX — Risk / Return Rank
MHD
WFSPX
MHD vs. WFSPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock MuniHoldings Fund (MHD) and iShares S&P 500 Index Fund (WFSPX). 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.
| MHD | WFSPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.22 | 0.84 | -0.62 |
Sortino ratioReturn per unit of downside risk | 0.34 | 1.30 | -0.96 |
Omega ratioGain probability vs. loss probability | 1.05 | 1.20 | -0.15 |
Calmar ratioReturn relative to maximum drawdown | 0.31 | 1.06 | -0.74 |
Martin ratioReturn relative to average drawdown | 0.89 | 5.13 | -4.24 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MHD | WFSPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.22 | 0.84 | -0.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.19 | 0.68 | -0.87 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.03 | 0.76 | -0.73 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.13 | +0.19 |
Correlation
The correlation between MHD and WFSPX is 0.12, 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.
Dividends
MHD vs. WFSPX - Dividend Comparison
MHD's dividend yield for the trailing twelve months is around 6.33%, more than WFSPX's 1.58% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MHD BlackRock MuniHoldings Fund | 6.33% | 6.08% | 5.58% | 3.82% | 5.63% | 4.34% | 4.49% | 4.62% | 6.11% | 5.86% | 6.16% | 6.25% |
WFSPX iShares S&P 500 Index Fund | 1.58% | 1.72% | 1.41% | 1.50% | 2.02% | 1.82% | 1.66% | 1.99% | 2.00% | 1.62% | 2.37% | 2.49% |
Drawdowns
MHD vs. WFSPX - Drawdown Comparison
The maximum MHD drawdown since its inception was -45.95%, smaller than the maximum WFSPX drawdown of -58.21%. Use the drawdown chart below to compare losses from any high point for MHD and WFSPX.
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Drawdown Indicators
| MHD | WFSPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.95% | -58.21% | +12.26% |
Max Drawdown (1Y)Largest decline over 1 year | -7.98% | -12.11% | +4.13% |
Max Drawdown (5Y)Largest decline over 5 years | -36.68% | -24.51% | -12.17% |
Max Drawdown (10Y)Largest decline over 10 years | -36.68% | -33.74% | -2.94% |
Current DrawdownCurrent decline from peak | -17.63% | -8.90% | -8.73% |
Average DrawdownAverage peak-to-trough decline | -9.85% | -12.84% | +2.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.79% | 2.49% | +0.30% |
Volatility
MHD vs. WFSPX - Volatility Comparison
The current volatility for BlackRock MuniHoldings Fund (MHD) is 2.56%, while iShares S&P 500 Index Fund (WFSPX) has a volatility of 4.24%. This indicates that MHD experiences smaller price fluctuations and is considered to be less risky than WFSPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MHD | WFSPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.56% | 4.24% | -1.68% |
Volatility (6M)Calculated over the trailing 6-month period | 5.08% | 9.08% | -4.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.32% | 18.06% | -7.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.58% | 16.84% | -5.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.00% | 17.98% | -3.98% |