MUSI vs. GOVZ
Compare and contrast key facts about American Century Multisector Income ETF (MUSI) and iShares 25+ Year Treasury STRIPS Bond ETF (GOVZ).
MUSI and GOVZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MUSI is an actively managed fund by American Century. It was launched on Jun 29, 2021. GOVZ is a passively managed fund by iShares that tracks the performance of the ICE BofA Long US Treasury Principal STRIPS Index. It was launched on Sep 22, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MUSI or GOVZ.
Correlation
The correlation between MUSI and GOVZ is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
MUSI vs. GOVZ - Performance Comparison
Key characteristics
MUSI:
0.99
GOVZ:
-0.71
MUSI:
1.42
GOVZ:
-0.89
MUSI:
1.18
GOVZ:
0.90
MUSI:
0.82
GOVZ:
-0.28
MUSI:
4.16
GOVZ:
-1.60
MUSI:
1.13%
GOVZ:
10.00%
MUSI:
4.71%
GOVZ:
22.50%
MUSI:
-13.91%
GOVZ:
-59.65%
MUSI:
-2.02%
GOVZ:
-57.14%
Returns By Period
In the year-to-date period, MUSI achieves a -0.37% return, which is significantly higher than GOVZ's -4.25% return.
MUSI
-0.37%
-0.99%
1.75%
4.28%
N/A
N/A
GOVZ
-4.25%
-12.31%
-13.51%
-15.54%
N/A
N/A
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MUSI vs. GOVZ - Expense Ratio Comparison
MUSI has a 0.36% expense ratio, which is higher than GOVZ's 0.15% expense ratio.
Risk-Adjusted Performance
MUSI vs. GOVZ — Risk-Adjusted Performance Rank
MUSI
GOVZ
MUSI vs. GOVZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Century Multisector Income ETF (MUSI) and iShares 25+ Year Treasury STRIPS Bond ETF (GOVZ). 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
MUSI vs. GOVZ - Dividend Comparison
MUSI's dividend yield for the trailing twelve months is around 6.03%, more than GOVZ's 4.88% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
MUSI American Century Multisector Income ETF | 6.03% | 6.01% | 5.20% | 4.02% | 1.63% | 0.00% |
GOVZ iShares 25+ Year Treasury STRIPS Bond ETF | 4.88% | 4.68% | 3.85% | 3.70% | 1.76% | 0.39% |
Drawdowns
MUSI vs. GOVZ - Drawdown Comparison
The maximum MUSI drawdown since its inception was -13.91%, smaller than the maximum GOVZ drawdown of -59.65%. Use the drawdown chart below to compare losses from any high point for MUSI and GOVZ. For additional features, visit the drawdowns tool.
Volatility
MUSI vs. GOVZ - Volatility Comparison
The current volatility for American Century Multisector Income ETF (MUSI) is 1.16%, while iShares 25+ Year Treasury STRIPS Bond ETF (GOVZ) has a volatility of 6.45%. This indicates that MUSI experiences smaller price fluctuations and is considered to be less risky than GOVZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.