MISHX vs. APGZX
Compare and contrast key facts about AB Municipal Income Shares (MISHX) and AB Large Cap Growth Fund Class Z (APGZX).
MISHX is managed by AllianceBernstein. It was launched on Aug 31, 2010. APGZX is managed by AllianceBernstein. It was launched on Jul 1, 2015.
Performance
MISHX vs. APGZX - Performance Comparison
Loading graphics...
MISHX vs. APGZX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MISHX AB Municipal Income Shares | -0.28% | 6.41% | 5.29% | 6.24% | -12.77% | 6.81% | 6.22% | 11.52% | 0.80% | 9.59% |
APGZX AB Large Cap Growth Fund Class Z | -9.67% | 13.26% | 25.47% | 35.12% | -28.74% | 29.00% | 34.47% | 34.24% | 2.30% | 31.81% |
Returns By Period
In the year-to-date period, MISHX achieves a -0.28% return, which is significantly higher than APGZX's -9.67% return. Over the past 10 years, MISHX has underperformed APGZX with an annualized return of 3.67%, while APGZX has yielded a comparatively higher 14.92% annualized return.
MISHX
- 1D
- 0.36%
- 1M
- -2.13%
- YTD
- -0.28%
- 6M
- 1.03%
- 1Y
- 3.93%
- 3Y*
- 4.92%
- 5Y*
- 1.71%
- 10Y*
- 3.67%
APGZX
- 1D
- 3.54%
- 1M
- -6.61%
- YTD
- -9.67%
- 6M
- -9.63%
- 1Y
- 10.96%
- 3Y*
- 15.78%
- 5Y*
- 9.19%
- 10Y*
- 14.92%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MISHX vs. APGZX - Expense Ratio Comparison
MISHX has a 0.00% expense ratio, which is lower than APGZX's 0.52% expense ratio.
Return for Risk
MISHX vs. APGZX — Risk / Return Rank
MISHX
APGZX
MISHX vs. APGZX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AB Municipal Income Shares (MISHX) and AB Large Cap Growth Fund Class Z (APGZX). 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.
| MISHX | APGZX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.79 | 0.58 | +0.21 |
Sortino ratioReturn per unit of downside risk | 1.09 | 0.99 | +0.09 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.14 | +0.08 |
Calmar ratioReturn relative to maximum drawdown | 1.00 | 0.77 | +0.23 |
Martin ratioReturn relative to average drawdown | 3.23 | 2.96 | +0.27 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| MISHX | APGZX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.79 | 0.58 | +0.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.35 | 0.46 | -0.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.71 | 0.76 | -0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.90 | 0.75 | +0.15 |
Correlation
The correlation between MISHX and APGZX is 0.06, 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
MISHX vs. APGZX - Dividend Comparison
MISHX's dividend yield for the trailing twelve months is around 4.83%, less than APGZX's 10.81% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MISHX AB Municipal Income Shares | 4.83% | 6.23% | 4.80% | 3.23% | 3.75% | 2.77% | 3.56% | 3.98% | 3.77% | 3.78% | 4.25% | 4.38% |
APGZX AB Large Cap Growth Fund Class Z | 10.81% | 9.77% | 6.62% | 1.69% | 0.87% | 7.19% | 2.60% | 3.49% | 9.11% | 3.78% | 2.72% | 0.00% |
Drawdowns
MISHX vs. APGZX - Drawdown Comparison
The maximum MISHX drawdown since its inception was -19.03%, smaller than the maximum APGZX drawdown of -33.87%. Use the drawdown chart below to compare losses from any high point for MISHX and APGZX.
Loading graphics...
Drawdown Indicators
| MISHX | APGZX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.03% | -33.87% | +14.84% |
Max Drawdown (1Y)Largest decline over 1 year | -5.34% | -15.21% | +9.87% |
Max Drawdown (5Y)Largest decline over 5 years | -18.20% | -33.87% | +15.67% |
Max Drawdown (10Y)Largest decline over 10 years | -19.03% | -33.87% | +14.84% |
Current DrawdownCurrent decline from peak | -2.47% | -12.21% | +9.74% |
Average DrawdownAverage peak-to-trough decline | -3.44% | -6.08% | +2.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.65% | 3.97% | -2.32% |
Volatility
MISHX vs. APGZX - Volatility Comparison
The current volatility for AB Municipal Income Shares (MISHX) is 1.29%, while AB Large Cap Growth Fund Class Z (APGZX) has a volatility of 6.50%. This indicates that MISHX experiences smaller price fluctuations and is considered to be less risky than APGZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| MISHX | APGZX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.29% | 6.50% | -5.21% |
Volatility (6M)Calculated over the trailing 6-month period | 2.02% | 11.37% | -9.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.64% | 20.18% | -14.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.95% | 20.18% | -15.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.17% | 19.63% | -14.46% |