MYN vs. MUC

Last updated Apr 16, 2026

MYN (BlackRock MuniYield New York Quality Fund) and MUC (BlackRock MuniHoldings California Quality Fund) are both Municipal Bonds funds from BlackRock. Both are actively managed. Over the past 10 years, MYN returned 1.09%/yr vs 0.76%/yr for MUC. At 0.40, their price movements are largely independent. MYN charges 2.24%/yr vs 2.14%/yr for MUC.

Performance

MYN vs. MUC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock MuniYield New York Quality Fund (MYN) and BlackRock MuniHoldings California Quality Fund (MUC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MYN achieves a 1.35% return, which is significantly lower than MUC's 3.06% return. Over the past 10 years, MYN has outperformed MUC with an annualized return of 1.09%, while MUC has yielded a comparatively lower 0.76% annualized return.

MYN

• 1D: -0.49%
• 1M: -0.29%
• YTD: 1.35%
• 6M: -0.22%
• 1Y: 9.24%
• 3Y*: 4.04%
• 5Y*: -1.54%
• 10Y*: 1.09%

MUC

• 1D: -0.06%
• 1M: 0.22%
• YTD: 3.06%
• 6M: 2.26%
• 1Y: 9.81%
• 3Y*: 4.36%
• 5Y*: -1.86%
• 10Y*: 0.76%

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

MYN vs. MUC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MYN BlackRock MuniYield New York Quality Fund	1.35%	4.67%	2.87%	9.80%	-27.05%	10.83%	6.00%	18.31%	-7.05%	6.96%
MUC BlackRock MuniHoldings California Quality Fund	3.06%	5.96%	0.76%	7.86%	-26.81%	7.38%	11.85%	18.12%	-9.00%	6.07%

Correlation

The correlation between MYN and MUC is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.43
Correlation (3Y) Calculated over the trailing 3-year period	0.59
Correlation (5Y) Calculated over the trailing 5-year period	0.55
Correlation (All Time) Calculated using the full available price history since Mar 3, 1998	0.40

The correlation between MYN and MUC shifts across timeframes, from 0.40 (all time) to 0.59 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

MYN vs. MUC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MYN

MYN Risk / Return Rank: 11
MYN Sharpe Ratio Rank: 9
MYN Sortino Ratio Rank: 10
MYN Omega Ratio Rank: 8
MYN Calmar Ratio Rank: 14
MYN Martin Ratio Rank: 13

MUC

MUC Risk / Return Rank: 13
MUC Sharpe Ratio Rank: 10
MUC Sortino Ratio Rank: 12
MUC Omega Ratio Rank: 11
MUC Calmar Ratio Rank: 15
MUC Martin Ratio Rank: 16

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MYN vs. MUC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock MuniYield New York Quality Fund (MYN) and BlackRock MuniHoldings California Quality Fund (MUC). 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.

	MYN	MUC	Difference
Sharpe ratio Return per unit of total volatility	1.08	1.17	-0.09
Sortino ratio Return per unit of downside risk	1.68	1.86	-0.17
Omega ratio Gain probability vs. loss probability	1.20	1.23	-0.03
Calmar ratio Return relative to maximum drawdown	1.68	1.77	-0.09
Martin ratio Return relative to average drawdown	5.31	6.02	-0.71
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MYN vs. MUC - Sharpe Ratio Comparison

The current MYN Sharpe Ratio is 1.08, which is comparable to the MUC Sharpe Ratio of 1.17. The chart below compares the historical Sharpe Ratios of MYN and MUC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MYN	MUC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.08	1.17	-0.09
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.14	-0.16	+0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.10	0.06	+0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.24	0.29	-0.05

Drawdowns

MYN vs. MUC - Drawdown Comparison

The maximum MYN drawdown since its inception was -42.89%, smaller than the maximum MUC drawdown of -48.97%. Use the drawdown chart below to compare losses from any high point for MYN and MUC.

Drawdown Indicators

	MYN	MUC	Difference
Max Drawdown Largest peak-to-trough decline	-42.89%	-48.97%	+6.08%
Max Drawdown (1Y) Largest decline over 1 year	-6.40%	-6.53%	+0.13%
Max Drawdown (5Y) Largest decline over 5 years	-35.99%	-38.29%	+2.30%
Max Drawdown (10Y) Largest decline over 10 years	-35.99%	-38.29%	+2.30%
Current Drawdown Current decline from peak	-14.22%	-17.30%	+3.08%
Average Drawdown Average peak-to-trough decline	-10.49%	-9.87%	-0.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.02%	1.92%	+0.10%

Volatility

MYN vs. MUC - Volatility Comparison

BlackRock MuniYield New York Quality Fund (MYN) and BlackRock MuniHoldings California Quality Fund (MUC) have volatilities of 4.14% and 4.22%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MYN	MUC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.14%	4.22%	-0.08%
Volatility (6M) Calculated over the trailing 6-month period	6.32%	6.13%	+0.19%
Volatility (1Y) Calculated over the trailing 1-year period	8.69%	8.46%	+0.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.09%	11.52%	-0.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.41%	11.91%	-0.50%

MYN vs. MUC - Expense Ratio Comparison

MYN has a 2.24% expense ratio, which is higher than MUC's 2.14% expense ratio.

Dividends

MYN vs. MUC - Dividend Comparison

MYN's dividend yield for the trailing twelve months is around 6.24%, more than MUC's 5.99% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MYN BlackRock MuniYield New York Quality Fund	6.24%	6.20%	5.47%	3.88%	5.37%	4.39%	4.16%	3.90%	4.32%	4.98%	5.44%	5.62%
MUC BlackRock MuniHoldings California Quality Fund	5.99%	6.06%	5.62%	3.84%	5.79%	4.27%	3.96%	3.90%	4.99%	5.14%	5.45%	5.46%