MUBFX vs. VNJTX
Compare and contrast key facts about MainStay WMC Value Fund (MUBFX) and Vanguard New Jersey Long-Term Tax-Exempt Fund Investor Shares (VNJTX).
MUBFX is managed by New York Life Investments. It was launched on Jan 21, 1971. 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: MUBFX or VNJTX.
Key characteristics
| MUBFX | VNJTX | |
|---|---|---|
| YTD Return | 16.64% | 1.97% |
| 1Y Return | 21.52% | 8.38% |
| 3Y Return (Ann) | -14.47% | -0.41% |
| 5Y Return (Ann) | -3.89% | 1.37% |
| 10Y Return (Ann) | -2.02% | 2.68% |
| Sharpe Ratio | 2.10 | 2.37 |
| Sortino Ratio | 2.86 | 3.57 |
| Omega Ratio | 1.39 | 1.53 |
| Calmar Ratio | 0.49 | 0.97 |
| Martin Ratio | 13.14 | 9.49 |
| Ulcer Index | 1.84% | 0.98% |
| Daily Std Dev | 11.50% | 3.92% |
| Max Drawdown | -60.05% | -16.22% |
| Current Drawdown | -37.41% | -1.96% |
Correlation
The correlation between MUBFX and VNJTX is -0.02. 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
MUBFX vs. VNJTX - Performance Comparison
In the year-to-date period, MUBFX achieves a 16.64% return, which is significantly higher than VNJTX's 1.97% return. Over the past 10 years, MUBFX has underperformed VNJTX with an annualized return of -2.02%, while VNJTX has yielded a comparatively higher 2.68% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MUBFX vs. VNJTX - Expense Ratio Comparison
MUBFX has a 0.70% expense ratio, which is higher than VNJTX's 0.17% expense ratio.
Risk-Adjusted Performance
MUBFX vs. VNJTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MainStay WMC Value Fund (MUBFX) 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
MUBFX vs. VNJTX - Dividend Comparison
MUBFX's dividend yield for the trailing twelve months is around 1.40%, less than VNJTX's 3.37% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MUBFX MainStay WMC Value Fund | 1.40% | 1.63% | 1.78% | 1.59% | 0.75% | 0.95% | 1.08% | 0.75% | 1.50% | 1.42% | 1.78% | 1.23% |
VNJTX Vanguard New Jersey Long-Term Tax-Exempt Fund Investor Shares | 3.37% | 3.26% | 3.14% | 2.69% | 2.94% | 3.23% | 3.54% | 3.50% | 3.68% | 3.53% | 3.52% | 3.76% |
Drawdowns
MUBFX vs. VNJTX - Drawdown Comparison
The maximum MUBFX drawdown since its inception was -60.05%, which is greater than VNJTX's maximum drawdown of -16.22%. Use the drawdown chart below to compare losses from any high point for MUBFX and VNJTX. For additional features, visit the drawdowns tool.
Volatility
MUBFX vs. VNJTX - Volatility Comparison
MainStay WMC Value Fund (MUBFX) has a higher volatility of 3.85% compared to Vanguard New Jersey Long-Term Tax-Exempt Fund Investor Shares (VNJTX) at 1.92%. This indicates that MUBFX's price experiences larger fluctuations and is considered to be riskier than VNJTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.