NJTFX vs. MUB

In the year-to-date period, NJTFX achieves a -1.49% return, which is significantly lower than MUB's -1.16% return. Over the past 10 years, NJTFX has underperformed MUB with an annualized return of 1.79%, while MUB has yielded a comparatively higher 1.98% annualized return.

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

NJTFX has a 0.56% expense ratio, which is higher than MUB's 0.07% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price New Jersey Tax Free Bond Fund (NJTFX) and iShares National AMT-Free Muni Bond ETF (MUB). 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.

The current NJTFX Sharpe Ratio is 0.25, which is higher than the MUB Sharpe Ratio of 0.13. The chart below compares the historical Sharpe Ratios of NJTFX and MUB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

NJTFX's dividend yield for the trailing twelve months is around 3.33%, more than MUB's 3.14% yield.

The maximum NJTFX drawdown since its inception was -17.09%, which is greater than MUB's maximum drawdown of -13.68%. Use the drawdown chart below to compare losses from any high point for NJTFX and MUB. For additional features, visit the drawdowns tool.

T. Rowe Price New Jersey Tax Free Bond Fund (NJTFX) has a higher volatility of 1.98% compared to iShares National AMT-Free Muni Bond ETF (MUB) at 1.58%. This indicates that NJTFX's price experiences larger fluctuations and is considered to be riskier than MUB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.