MQT vs. FMBIX
Compare and contrast key facts about BlackRock MuniYield Quality Fund II (MQT) and Fidelity Municipal Bond Index Fund (FMBIX).
MQT is an actively managed fund by BlackRock. It was launched on Sep 21, 1992. FMBIX is managed by Fidelity. It was launched on Jul 11, 2019.
Performance
MQT vs. FMBIX - Performance Comparison
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MQT vs. FMBIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
MQT BlackRock MuniYield Quality Fund II | 3.47% | 8.46% | 0.87% | 5.82% | -25.72% | 8.48% | 12.49% | 4.95% |
FMBIX Fidelity Municipal Bond Index Fund | 0.00% | 0.60% | 1.32% | 5.89% | -10.00% | 1.14% | 3.10% | 1.48% |
Returns By Period
MQT
- 1D
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- 1M
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- YTD
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- 6M
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- 1Y
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- 3Y*
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- 5Y*
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- 10Y*
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FMBIX
- 1D
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- 1M
- —
- YTD
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- 6M
- —
- 1Y
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- 3Y*
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- 5Y*
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- 10Y*
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MQT vs. FMBIX - Expense Ratio Comparison
MQT has a 2.18% expense ratio, which is higher than FMBIX's 0.07% expense ratio.
Return for Risk
MQT vs. FMBIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock MuniYield Quality Fund II (MQT) and Fidelity Municipal Bond Index Fund (FMBIX). 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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Correlation
The correlation between MQT and FMBIX is 0.36, 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. FMBIX - Dividend Comparison
MQT's dividend yield for the trailing twelve months is around 5.45%, while FMBIX has not paid dividends to shareholders.
| 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% |
FMBIX Fidelity Municipal Bond Index Fund | 0.00% | 0.70% | 2.60% | 2.29% | 1.17% | 1.28% | 1.59% | 0.77% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
MQT vs. FMBIX - Drawdown Comparison
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Volatility
MQT vs. FMBIX - Volatility Comparison
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