CXE vs BSMY

Comparison between MFS High Income Municipal Trust (CXE, ETF) and Invesco BulletShares 2034 Municipal Bond ETF (BSMY, ETF).

CXE vs BSMY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CXE(ETF)	BSMY(ETF)
Net Assets	$130M	$130M
Expense Ratio	N/A	0.18%
Max Drawdown	63.84%	7.98%
Sharpe Ratio	0.78	1.12
5Y Beta	0.13	0.06
5Y Dividends CAGR	-0.28%	N/A

Net Assets

Winner

CXE

$130M

BSMY

$130M

Expense Ratio

CXE

N/A

BSMY

0.18%

Max Drawdown

CXE

63.84%

Winner

BSMY

7.98%

Sharpe Ratio

CXE

0.78

Winner

BSMY

1.12

5Y Beta

CXE

0.13

Winner

BSMY

0.06

5Y Dividends CAGR

CXE

-0.28%

BSMY

N/A

CXE vs BSMY - Historical Returns

Returns include dividend reinvestment.

Period	CXE	BSMY
1 month	-0.51%	+0.52%
3 months	-1.68%	+0.30%
6 months	+1.60%	+1.88%
1 year	+11.23%	+7.72%
5 years(CAGR)	-2.59%	N/A
10 years(CAGR)	+1.34%	N/A
Max(CAGR)	+4.19%	+1.92%

CXE

-0.51%

Winner

BSMY

+0.52%

CXE

-1.68%

Winner

BSMY

+0.30%

CXE

+1.60%

Winner

BSMY

+1.88%

Winner

CXE

+11.23%

BSMY

+7.72%

5Y(CAGR)

CXE

-2.59%

BSMY

N/A

10Y(CAGR)

CXE

+1.34%

BSMY

N/A

Max(CAGR)

Winner

CXE

+4.19%

BSMY

+1.92%

CXE vs BSMY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	CXE	BSMY
2026	+1.94%	+1.22%
2025	+6.29%	+3.39%
2024	+6.49%	-1.86%
2023	+5.19%	N/A
2022	-27.57%	N/A
2021	+7.05%	N/A
2020	-1.56%	N/A
2019	+17.75%	N/A
2018	-7.61%	N/A
2017	+12.89%	N/A
2016	+4.82%	N/A
2015	+8.46%	N/A
2014	+14.53%	N/A
2013	-14.04%	N/A
2012	+11.07%	N/A
2011	+21.82%	N/A
2010	+4.70%	N/A
2009	+75.31%	N/A
2008	-43.87%	N/A
2007	-16.27%	N/A
2006	+9.01%	N/A
2005	+11.02%	N/A
2004	+5.77%	N/A
2003	+9.75%	N/A
2002	+7.15%	N/A
2001	+3.46%	N/A
2000	-0.89%	N/A
1999	+0.00%	N/A

CXE vs BSMY Drawdown Comparison

The maximum drawdown for CXE was -56.75%, occurring on Dec 16, 2008. Recovery took 1103 trading sessions.

The maximum drawdown for BSMY was -6.81%, occurring on Apr 11, 2025. Recovery took 210 trading sessions.

The current CXE drawdown is -14.38%. The current BSMY drawdown is -0.80%.

Rank	CXE	BSMY
#1	-56.75% Mar 23, 2006 - Aug 10, 2010	-6.81% Dec 6, 2024 - Oct 10, 2025
#2	-39.20% Aug 27, 2021 - Oct 19, 2023	-3.55% Oct 1, 2024 - Dec 2, 2024
#3	-34.08% Feb 25, 2020 - May 4, 2021	-3.31% Feb 27, 2026 - Mar 26, 2026
#4	-24.27% Sep 28, 2012 - Nov 30, 2015	-0.67% Nov 11, 2025 - Jan 2, 2026
#5	-14.93% Sep 2, 2010 - Sep 29, 2011	-0.51% Jan 14, 2026 - Feb 3, 2026
#6	-14.57% Mar 9, 2004 - Oct 12, 2004	-0.38% Sep 16, 2024 - Oct 1, 2024
#7	-14.03% Sep 8, 2000 - Jan 5, 2001	-0.26% Oct 28, 2025 - Nov 11, 2025
#8	-13.94% Jul 8, 2016 - Jul 3, 2017	-0.21% Feb 10, 2026 - Feb 13, 2026
#9	-11.93% Nov 5, 1999 - Sep 8, 2000	-0.18% Dec 4, 2024 - Dec 6, 2024
#10	-11.51% Nov 28, 2017 - Mar 29, 2019	-0.16% Feb 5, 2026 - Feb 10, 2026
#11	-10.76% Aug 1, 2019 - Feb 24, 2020	-0.12% Feb 19, 2026 - Feb 24, 2026
#12	-9.79% Sep 17, 2002 - Apr 23, 2003	-0.08% Jan 9, 2026 - Jan 14, 2026
#13	-8.57% Aug 29, 2001 - Feb 22, 2002	-0.08% Sep 11, 2024 - Sep 13, 2024
#14	-7.96% Feb 14, 2005 - Sep 28, 2005	-0.07% Jan 7, 2026 - Jan 9, 2026
#15	-7.85% Jan 16, 2001 - Aug 16, 2001	-0.06% Feb 17, 2026 - Feb 19, 2026

Correlation

Correlation between CXE and BSMY is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96

-101

Dividend Comparison (2000 - 2026)

CXE vs BSMY dividend yield comparison.

Year	CXE	BSMY
2026	3.36%	1.49%
2025	5.59%	3.31%
2024	4.97%	0.79%
2023	4.39%	0.00%
2022	5.70%	0.00%
2021	4.74%	0.00%
2020	4.86%	0.00%
2019	4.73%	0.00%
2018	6.17%	0.00%
2017	5.72%	0.00%
2016	6.04%	0.00%
2015	6.27%	0.00%
2014	6.39%	0.00%
2013	7.25%	0.00%
2012	6.67%	0.00%
2011	7.23%	0.00%
2010	8.26%	0.00%
2009	7.56%	0.00%
2008	11.99%	0.00%
2007	6.42%	0.00%
2006	6.32%	0.00%
2005	6.70%	0.00%
2004	7.87%	0.00%
2003	7.59%	0.00%
2002	8.03%	0.00%
2001	7.00%	0.00%
2000	3.17%	0.00%