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MLN vs. BND
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between MLN and BND is 0.43, 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.


-0.50.00.51.00.4

Performance

MLN vs. BND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Long Muni ETF (MLN) and Vanguard Total Bond Market ETF (BND). The values are adjusted to include any dividend payments, if applicable.

-1.00%0.00%1.00%2.00%3.00%4.00%5.00%JulyAugustSeptemberOctoberNovemberDecember
0.72%
0.97%
MLN
BND

Key characteristics

Sharpe Ratio

MLN:

0.20

BND:

0.25

Sortino Ratio

MLN:

0.30

BND:

0.38

Omega Ratio

MLN:

1.04

BND:

1.04

Calmar Ratio

MLN:

0.08

BND:

0.10

Martin Ratio

MLN:

0.90

BND:

0.70

Ulcer Index

MLN:

1.31%

BND:

1.92%

Daily Std Dev

MLN:

6.01%

BND:

5.45%

Max Drawdown

MLN:

-28.36%

BND:

-18.84%

Current Drawdown

MLN:

-10.70%

BND:

-9.56%

Returns By Period

In the year-to-date period, MLN achieves a 0.72% return, which is significantly lower than BND's 1.15% return. Over the past 10 years, MLN has outperformed BND with an annualized return of 1.99%, while BND has yielded a comparatively lower 1.32% annualized return.


MLN

YTD

0.72%

1M

-0.93%

6M

0.83%

1Y

1.20%

5Y*

-0.44%

10Y*

1.99%

BND

YTD

1.15%

1M

-0.54%

6M

1.03%

1Y

1.42%

5Y*

-0.42%

10Y*

1.32%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


MLN vs. BND - Expense Ratio Comparison

MLN has a 0.24% expense ratio, which is higher than BND's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


MLN
VanEck Long Muni ETF
Expense ratio chart for MLN: current value at 0.24% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.24%
Expense ratio chart for BND: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Risk-Adjusted Performance

MLN vs. BND - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Long Muni ETF (MLN) and Vanguard Total Bond Market ETF (BND). 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.


Sharpe ratio
The chart of Sharpe ratio for MLN, currently valued at 0.20, compared to the broader market0.002.004.000.200.25
The chart of Sortino ratio for MLN, currently valued at 0.30, compared to the broader market-2.000.002.004.006.008.0010.000.300.38
The chart of Omega ratio for MLN, currently valued at 1.04, compared to the broader market0.501.001.502.002.503.001.041.04
The chart of Calmar ratio for MLN, currently valued at 0.08, compared to the broader market0.005.0010.0015.000.080.10
The chart of Martin ratio for MLN, currently valued at 0.90, compared to the broader market0.0020.0040.0060.0080.00100.000.900.70
MLN
BND

The current MLN Sharpe Ratio is 0.20, which is comparable to the BND Sharpe Ratio of 0.25. The chart below compares the historical Sharpe Ratios of MLN and BND, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.20
0.25
MLN
BND

Dividends

MLN vs. BND - Dividend Comparison

MLN's dividend yield for the trailing twelve months is around 3.60%, more than BND's 3.34% yield.


TTM20232022202120202019201820172016201520142013
MLN
VanEck Long Muni ETF
3.60%3.19%2.67%2.52%2.69%2.87%3.09%2.91%3.16%3.39%3.78%4.43%
BND
Vanguard Total Bond Market ETF
3.34%3.09%2.60%1.97%2.22%2.72%2.81%2.54%2.51%2.57%2.79%2.78%

Drawdowns

MLN vs. BND - Drawdown Comparison

The maximum MLN drawdown since its inception was -28.36%, which is greater than BND's maximum drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for MLN and BND. For additional features, visit the drawdowns tool.


-12.00%-11.00%-10.00%-9.00%-8.00%-7.00%-6.00%JulyAugustSeptemberOctoberNovemberDecember
-10.70%
-9.56%
MLN
BND

Volatility

MLN vs. BND - Volatility Comparison

VanEck Long Muni ETF (MLN) has a higher volatility of 2.18% compared to Vanguard Total Bond Market ETF (BND) at 1.68%. This indicates that MLN's price experiences larger fluctuations and is considered to be riskier than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.50%2.00%2.50%3.00%JulyAugustSeptemberOctoberNovemberDecember
2.18%
1.68%
MLN
BND
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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