MUB vs. VNJTX
Compare and contrast key facts about iShares National AMT-Free Muni Bond ETF (MUB) and Vanguard New Jersey Long-Term Tax-Exempt Fund Investor Shares (VNJTX).
MUB is a passively managed fund by iShares that tracks the performance of the S&P National AMT-Free Municipal Bond Index. It was launched on Sep 7, 2007. VNJTX is managed by Vanguard. It was launched on Feb 3, 1988.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MUB or VNJTX.
Correlation
The correlation between MUB and VNJTX is -0.05. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
MUB vs. VNJTX - Performance Comparison
Key characteristics
MUB:
0.14
VNJTX:
0.19
MUB:
0.21
VNJTX:
0.28
MUB:
1.03
VNJTX:
1.05
MUB:
0.14
VNJTX:
0.17
MUB:
0.47
VNJTX:
0.64
MUB:
1.40%
VNJTX:
1.71%
MUB:
4.74%
VNJTX:
5.82%
MUB:
-13.68%
VNJTX:
-16.22%
MUB:
-3.19%
VNJTX:
-4.20%
Returns By Period
In the year-to-date period, MUB achieves a -1.61% return, which is significantly higher than VNJTX's -2.41% return. Over the past 10 years, MUB has underperformed VNJTX with an annualized return of 1.88%, while VNJTX has yielded a comparatively higher 2.38% annualized return.
MUB
-1.61%
-0.85%
-1.27%
1.04%
1.04%
1.88%
VNJTX
-2.41%
-0.96%
-1.75%
1.54%
1.71%
2.38%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MUB vs. VNJTX - Expense Ratio Comparison
MUB has a 0.07% expense ratio, which is lower than VNJTX's 0.17% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
MUB vs. VNJTX — Risk-Adjusted Performance Rank
MUB
VNJTX
MUB vs. VNJTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares National AMT-Free Muni Bond ETF (MUB) and Vanguard New Jersey Long-Term Tax-Exempt Fund Investor Shares (VNJTX). 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.
Dividends
MUB vs. VNJTX - Dividend Comparison
MUB's dividend yield for the trailing twelve months is around 3.12%, less than VNJTX's 3.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MUB iShares National AMT-Free Muni Bond ETF | 3.12% | 3.01% | 2.65% | 2.11% | 1.81% | 2.11% | 2.42% | 2.46% | 2.26% | 2.21% | 2.51% | 2.73% |
VNJTX Vanguard New Jersey Long-Term Tax-Exempt Fund Investor Shares | 3.53% | 3.39% | 3.26% | 3.14% | 2.69% | 2.94% | 3.23% | 3.54% | 3.50% | 3.68% | 3.53% | 3.52% |
Drawdowns
MUB vs. VNJTX - Drawdown Comparison
The maximum MUB drawdown since its inception was -13.68%, smaller than the maximum VNJTX drawdown of -16.22%. Use the drawdown chart below to compare losses from any high point for MUB and VNJTX. For additional features, visit the drawdowns tool.
Volatility
MUB vs. VNJTX - Volatility Comparison
The current volatility for iShares National AMT-Free Muni Bond ETF (MUB) is 3.06%, while Vanguard New Jersey Long-Term Tax-Exempt Fund Investor Shares (VNJTX) has a volatility of 4.47%. This indicates that MUB experiences smaller price fluctuations and is considered to be less risky than VNJTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.