MYD vs. FMBIX

Last updated Apr 2, 2026

Compare and contrast key facts about BlackRock MuniYield Fund (MYD) and Fidelity Municipal Bond Index Fund (FMBIX).

MYD is an actively managed fund by BlackRock. It was launched on Nov 29, 1991. FMBIX is managed by Fidelity. It was launched on Jul 11, 2019.

Performance

MYD vs. FMBIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock MuniYield Fund (MYD) and Fidelity Municipal Bond Index Fund (FMBIX). The values are adjusted to include any dividend payments, if applicable.

MYD vs. FMBIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
MYD BlackRock MuniYield Fund	3.73%	7.56%	2.10%	8.31%	-25.47%	7.14%	1.71%	4.61%
FMBIX Fidelity Municipal Bond Index Fund	0.00%	0.60%	1.32%	5.89%	-10.00%	1.14%	3.10%	1.48%

Returns By Period

MYD

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FMBIX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

MYD vs. FMBIX - Expense Ratio Comparison

MYD has a 2.07% expense ratio, which is higher than FMBIX's 0.07% expense ratio.

MYD

BlackRock MuniYield Fund

FMBIX

Fidelity Municipal Bond Index Fund

Return for Risk

MYD vs. FMBIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock MuniYield Fund (MYD) and Fidelity Municipal Bond Index Fund (FMBIX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Correlation

The correlation between MYD and FMBIX is 0.41, 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.

Dividends

MYD vs. FMBIX - Dividend Comparison

MYD's dividend yield for the trailing twelve months is around 5.57%, while FMBIX has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MYD BlackRock MuniYield Fund	5.57%	6.23%	6.12%	4.29%	5.68%	4.53%	4.68%	4.66%	5.93%	5.85%	6.30%	6.27%
FMBIX Fidelity Municipal Bond Index Fund	0.00%	0.70%	2.60%	2.29%	1.17%	1.28%	1.59%	0.77%	0.00%	0.00%	0.00%	0.00%

Drawdowns

Volatility