CXE vs PZT
Comparison between MFS High Income Municipal Trust (CXE, ETF) and INVESCO NEW YORK AMT-FREE MUNICIPAL BOND ETF (PZT, ETF).
5-Year PerformancePZT has outperformed CXE, delivering a return of -0.1% compared to -2.6%
CXE vs PZT - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
CXE vs PZT - Historical Returns
Returns include dividend reinvestment.
CXE vs PZT - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | CXE | PZT |
|---|---|---|
| 2026 | +1.94% | +2.66% |
| 2025 | +6.29% | +1.01% |
| 2024 | +6.49% | +1.65% |
| 2023 | +5.19% | +7.35% |
| 2022 | -27.57% | -12.87% |
| 2021 | +7.05% | +2.53% |
| 2020 | -1.56% | +5.60% |
| 2019 | +17.75% | +8.88% |
| 2018 | -7.61% | -0.34% |
| 2017 | +12.89% | +5.69% |
| 2016 | +4.82% | +1.19% |
| 2015 | +8.46% | +2.75% |
| 2014 | +14.53% | +15.43% |
| 2013 | -14.04% | -6.92% |
| 2012 | +11.07% | +7.13% |
| 2011 | +21.82% | +12.45% |
| 2010 | +4.70% | +0.02% |
| 2009 | +75.31% | +16.86% |
| 2008 | -43.87% | -13.72% |
| 2007 | -16.27% | +1.19% |
| 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 PZT Drawdown Comparison
The maximum drawdown for CXE was -56.75%, occurring on Dec 16, 2008. Recovery took 1103 trading sessions.
The maximum drawdown for PZT was -22.71%, occurring on Oct 16, 2008. Recovery took 422 trading sessions.
The current CXE drawdown is -14.38%. The current PZT drawdown is -1.59%.
| Rank | CXE | PZT |
|---|---|---|
| #1 | -56.75% Mar 23, 2006 - Aug 10, 2010 | -22.71% Jan 16, 2008 - Sep 18, 2009 |
| #2 | -39.20% Aug 27, 2021 - Oct 19, 2023 | -19.13% Jul 19, 2021 - Oct 26, 2022 |
| #3 | -34.08% Feb 25, 2020 - May 4, 2021 | -16.55% Mar 9, 2020 - Aug 5, 2020 |
| #4 | -24.27% Sep 28, 2012 - Nov 30, 2015 | -12.33% Nov 30, 2012 - May 29, 2014 |
| #5 | -14.93% Sep 2, 2010 - Sep 29, 2011 | -10.45% Sep 27, 2010 - Aug 9, 2011 |
| #6 | -14.57% Mar 9, 2004 - Oct 12, 2004 | -7.34% Jul 5, 2016 - Nov 7, 2017 |
| #7 | -14.03% Sep 8, 2000 - Jan 5, 2001 | -4.19% Oct 6, 2009 - Apr 21, 2010 |
| #8 | -13.94% Jul 8, 2016 - Jul 3, 2017 | -3.41% Dec 29, 2017 - Jan 2, 2019 |
| #9 | -11.93% Nov 5, 1999 - Sep 8, 2000 | -3.33% Feb 12, 2021 - Jun 3, 2021 |
| #10 | -11.51% Nov 28, 2017 - Mar 29, 2019 | -2.94% Jan 30, 2015 - Oct 16, 2015 |
| #11 | -10.76% Aug 1, 2019 - Feb 24, 2020 | -2.55% Aug 7, 2020 - Nov 19, 2020 |
| #12 | -9.79% Sep 17, 2002 - Apr 23, 2003 | -2.31% Sep 23, 2011 - Dec 7, 2011 |
| #13 | -8.57% Aug 29, 2001 - Feb 22, 2002 | -2.02% Sep 3, 2019 - Jan 6, 2020 |
| #14 | -7.96% Feb 14, 2005 - Sep 28, 2005 | -1.86% Oct 22, 2007 - Dec 11, 2007 |
| #15 | -7.85% Jan 16, 2001 - Aug 16, 2001 | -1.67% Jan 31, 2012 - Apr 23, 2012 |
Correlation
Correlation between CXE and PZT is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.
Dividend Comparison (2000 - 2026)
CXE vs PZT dividend yield comparison.
| Year | CXE | PZT |
|---|---|---|
| 2026 | 3.36% | 1.54% |
| 2025 | 5.59% | 3.43% |
| 2024 | 4.97% | 3.04% |
| 2023 | 4.39% | 2.82% |
| 2022 | 5.70% | 2.66% |
| 2021 | 4.74% | 2.77% |
| 2020 | 4.86% | 2.55% |
| 2019 | 4.73% | 2.73% |
| 2018 | 6.17% | 3.01% |
| 2017 | 5.72% | 2.94% |
| 2016 | 6.04% | 3.36% |
| 2015 | 6.27% | 3.40% |
| 2014 | 6.39% | 3.75% |
| 2013 | 7.25% | 4.18% |
| 2012 | 6.67% | 4.00% |
| 2011 | 7.23% | 4.25% |
| 2010 | 8.26% | 4.82% |
| 2009 | 7.56% | 4.58% |
| 2008 | 11.99% | 5.06% |
| 2007 | 6.42% | 0.94% |
| 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% |
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