MQT vs. FHMIX
Compare and contrast key facts about BlackRock MuniYield Quality Fund II (MQT) and Federated Hermes Conservative Municipal Microshort Fund (FHMIX).
MQT is an actively managed fund by BlackRock. It was launched on Sep 21, 1992. FHMIX is managed by Federated. It was launched on Feb 2, 2021.
Performance
MQT vs. FHMIX - Performance Comparison
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MQT vs. FHMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
MQT BlackRock MuniYield Quality Fund II | 3.47% | 8.46% | 0.87% | 5.82% | -25.72% | 3.04% |
FHMIX Federated Hermes Conservative Municipal Microshort Fund | 0.42% | 3.09% | 1.19% | 0.32% | 0.00% | 0.02% |
Returns By Period
MQT
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FHMIX
- 1D
- 0.00%
- 1M
- -0.10%
- YTD
- 0.42%
- 6M
- 1.18%
- 1Y
- 2.71%
- 3Y*
- 1.67%
- 5Y*
- —
- 10Y*
- —
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MQT vs. FHMIX - Expense Ratio Comparison
MQT has a 2.18% expense ratio, which is higher than FHMIX's 0.05% expense ratio.
Return for Risk
MQT vs. FHMIX — Risk / Return Rank
MQT
FHMIX
MQT vs. FHMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock MuniYield Quality Fund II (MQT) and Federated Hermes Conservative Municipal Microshort Fund (FHMIX). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| MQT | FHMIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 2.93 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | — | 1.32 | — |
Correlation
The correlation between MQT and FHMIX is 0.07, 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
MQT vs. FHMIX - Dividend Comparison
MQT's dividend yield for the trailing twelve months is around 5.45%, more than FHMIX's 2.67% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MQT BlackRock MuniYield Quality Fund II | 5.45% | 6.09% | 6.02% | 4.24% | 5.98% | 4.47% | 4.17% | 4.25% | 4.97% | 5.51% | 6.01% | 6.29% |
FHMIX Federated Hermes Conservative Municipal Microshort Fund | 2.67% | 3.04% | 1.18% | 0.32% | 0.00% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
MQT vs. FHMIX - Drawdown Comparison
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Drawdown Indicators
| MQT | FHMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | — | -0.50% | — |
Max Drawdown (1Y)Largest decline over 1 year | — | -0.20% | — |
Current DrawdownCurrent decline from peak | — | -0.10% | — |
Average DrawdownAverage peak-to-trough decline | — | -0.07% | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.05% | — |
Volatility
MQT vs. FHMIX - Volatility Comparison
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Volatility by Period
| MQT | FHMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.10% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 0.63% | — |
Volatility (1Y)Calculated over the trailing 1-year period | — | 0.96% | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | — | 0.78% | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | — | 0.78% | — |