MQY vs. WFSPX
Compare and contrast key facts about BlackRock MuniYield Quality Fund (MQY) and iShares S&P 500 Index Fund (WFSPX).
MQY is an actively managed fund by BlackRock. It was launched on Jul 21, 1992. WFSPX is a passively managed fund by BlackRock that tracks the performance of the S&P 500 Index. It was launched on Jul 30, 1993.
Performance
MQY vs. WFSPX - Performance Comparison
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MQY vs. WFSPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MQY BlackRock MuniYield Quality Fund | -0.46% | 4.28% | -0.06% | 10.20% | -24.23% | 2.67% | 14.65% | 20.89% | -10.12% | 8.98% |
WFSPX iShares S&P 500 Index Fund | -4.63% | 17.83% | 24.94% | 26.25% | -18.14% | 28.63% | 18.43% | 31.45% | -4.83% | 21.27% |
Returns By Period
In the year-to-date period, MQY achieves a -0.46% return, which is significantly higher than WFSPX's -4.63% return. Over the past 10 years, MQY has underperformed WFSPX with an annualized return of 1.33%, while WFSPX has yielded a comparatively higher 13.92% annualized return.
MQY
- 1D
- 0.91%
- 1M
- -5.94%
- YTD
- -0.46%
- 6M
- -2.48%
- 1Y
- -0.41%
- 3Y*
- 3.46%
- 5Y*
- -1.89%
- 10Y*
- 1.33%
WFSPX
- 1D
- 2.62%
- 1M
- -5.31%
- YTD
- -4.63%
- 6M
- -2.47%
- 1Y
- 16.96%
- 3Y*
- 18.15%
- 5Y*
- 11.69%
- 10Y*
- 13.92%
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MQY vs. WFSPX - Expense Ratio Comparison
MQY has a 2.07% expense ratio, which is higher than WFSPX's 0.03% expense ratio.
Return for Risk
MQY vs. WFSPX — Risk / Return Rank
MQY
WFSPX
MQY vs. WFSPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock MuniYield Quality Fund (MQY) and iShares S&P 500 Index Fund (WFSPX). 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 | WFSPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.04 | 0.96 | -1.00 |
Sortino ratioReturn per unit of downside risk | 0.02 | 1.47 | -1.44 |
Omega ratioGain probability vs. loss probability | 1.00 | 1.22 | -0.22 |
Calmar ratioReturn relative to maximum drawdown | 0.06 | 1.49 | -1.43 |
Martin ratioReturn relative to average drawdown | 0.15 | 7.15 | -7.01 |
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 | WFSPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.04 | 0.96 | -1.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.16 | 0.70 | -0.85 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.10 | 0.78 | -0.67 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 0.13 | +0.22 |
Correlation
The correlation between MQY and WFSPX is 0.11, 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. WFSPX - Dividend Comparison
MQY's dividend yield for the trailing twelve months is around 6.28%, more than WFSPX's 1.54% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MQY BlackRock MuniYield Quality Fund | 6.28% | 6.16% | 6.04% | 4.46% | 5.87% | 4.93% | 4.21% | 4.00% | 5.24% | 5.67% | 6.10% | 6.06% |
WFSPX iShares S&P 500 Index Fund | 1.54% | 1.72% | 1.41% | 1.50% | 2.02% | 1.82% | 1.66% | 1.99% | 2.00% | 1.62% | 2.37% | 2.49% |
Drawdowns
MQY vs. WFSPX - Drawdown Comparison
The maximum MQY drawdown since its inception was -41.67%, smaller than the maximum WFSPX drawdown of -58.21%. Use the drawdown chart below to compare losses from any high point for MQY and WFSPX.
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Drawdown Indicators
| MQY | WFSPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.67% | -58.21% | +16.54% |
Max Drawdown (1Y)Largest decline over 1 year | -9.35% | -12.11% | +2.76% |
Max Drawdown (5Y)Largest decline over 5 years | -35.44% | -24.51% | -10.93% |
Max Drawdown (10Y)Largest decline over 10 years | -35.97% | -33.74% | -2.23% |
Current DrawdownCurrent decline from peak | -17.13% | -6.51% | -10.62% |
Average DrawdownAverage peak-to-trough decline | -8.25% | -12.84% | +4.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.17% | 2.53% | +1.64% |
Volatility
MQY vs. WFSPX - Volatility Comparison
The current volatility for BlackRock MuniYield Quality Fund (MQY) is 3.41%, while iShares S&P 500 Index Fund (WFSPX) has a volatility of 5.17%. This indicates that MQY experiences smaller price fluctuations and is considered to be less risky than WFSPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MQY | WFSPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.41% | 5.17% | -1.76% |
Volatility (6M)Calculated over the trailing 6-month period | 6.04% | 9.44% | -3.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.99% | 18.21% | -7.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.06% | 16.88% | -4.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.00% | 18.00% | -5.00% |