MQY vs. FGNSX
Compare and contrast key facts about BlackRock MuniYield Quality Fund (MQY) and Strategic Advisers Tax-Sensitive Short Duration Fund (FGNSX).
MQY is an actively managed fund by BlackRock. It was launched on Jul 21, 1992. FGNSX is managed by Fidelity. It was launched on Dec 27, 2017.
Performance
MQY vs. FGNSX - Performance Comparison
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MQY vs. FGNSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MQY BlackRock MuniYield Quality Fund | -1.36% | 4.28% | -0.06% | 10.20% | -24.23% | 2.67% | 14.65% | 20.89% | -10.12% | 0.07% |
FGNSX Strategic Advisers Tax-Sensitive Short Duration Fund | -0.10% | 3.08% | 3.47% | 3.56% | -0.36% | 0.14% | 1.04% | 2.11% | 1.47% | -0.10% |
Returns By Period
In the year-to-date period, MQY achieves a -1.36% return, which is significantly lower than FGNSX's -0.10% return.
MQY
- 1D
- 1.20%
- 1M
- -7.02%
- YTD
- -1.36%
- 6M
- -2.87%
- 1Y
- -0.29%
- 3Y*
- 3.14%
- 5Y*
- -2.07%
- 10Y*
- 1.24%
FGNSX
- 1D
- 0.00%
- 1M
- -0.50%
- YTD
- -0.10%
- 6M
- 0.34%
- 1Y
- 2.09%
- 3Y*
- 2.99%
- 5Y*
- 1.96%
- 10Y*
- —
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MQY vs. FGNSX - Expense Ratio Comparison
MQY has a 2.07% expense ratio, which is higher than FGNSX's 0.07% expense ratio.
Return for Risk
MQY vs. FGNSX — Risk / Return Rank
MQY
FGNSX
MQY vs. FGNSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock MuniYield Quality Fund (MQY) and Strategic Advisers Tax-Sensitive Short Duration Fund (FGNSX). 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.
| MQY | FGNSX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.03 | 0.84 | -0.87 |
Sortino ratioReturn per unit of downside risk | 0.04 | 1.22 | -1.18 |
Omega ratioGain probability vs. loss probability | 1.01 | 1.54 | -0.53 |
Calmar ratioReturn relative to maximum drawdown | -0.06 | 1.07 | -1.13 |
Martin ratioReturn relative to average drawdown | -0.15 | 2.74 | -2.89 |
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
| MQY | FGNSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.03 | 0.84 | -0.87 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.17 | 0.99 | -1.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.10 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 1.06 | -0.72 |
Correlation
The correlation between MQY and FGNSX is 0.21, 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
MQY vs. FGNSX - Dividend Comparison
MQY's dividend yield for the trailing twelve months is around 6.34%, more than FGNSX's 1.86% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MQY BlackRock MuniYield Quality Fund | 6.34% | 6.16% | 6.04% | 4.46% | 5.87% | 4.93% | 4.21% | 4.00% | 5.24% | 5.67% | 6.10% | 6.06% |
FGNSX Strategic Advisers Tax-Sensitive Short Duration Fund | 1.86% | 2.63% | 3.31% | 2.57% | 0.84% | 0.34% | 0.83% | 1.79% | 1.36% | 0.00% | 0.00% | 0.00% |
Drawdowns
MQY vs. FGNSX - Drawdown Comparison
The maximum MQY drawdown since its inception was -41.67%, which is greater than FGNSX's maximum drawdown of -2.35%. Use the drawdown chart below to compare losses from any high point for MQY and FGNSX.
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Drawdown Indicators
| MQY | FGNSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.67% | -2.35% | -39.32% |
Max Drawdown (1Y)Largest decline over 1 year | -9.89% | -2.35% | -7.54% |
Max Drawdown (5Y)Largest decline over 5 years | -35.44% | -2.35% | -33.09% |
Max Drawdown (10Y)Largest decline over 10 years | -35.97% | — | — |
Current DrawdownCurrent decline from peak | -17.88% | -0.50% | -17.38% |
Average DrawdownAverage peak-to-trough decline | -8.25% | -0.25% | -8.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.15% | 0.92% | +3.23% |
Volatility
MQY vs. FGNSX - Volatility Comparison
BlackRock MuniYield Quality Fund (MQY) has a higher volatility of 3.20% compared to Strategic Advisers Tax-Sensitive Short Duration Fund (FGNSX) at 0.23%. This indicates that MQY's price experiences larger fluctuations and is considered to be riskier than FGNSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MQY | FGNSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.20% | 0.23% | +2.97% |
Volatility (6M)Calculated over the trailing 6-month period | 5.97% | 0.66% | +5.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.96% | 3.86% | +7.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.06% | 2.04% | +10.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.00% | 1.66% | +11.34% |