CXH vs BNDS

Comparison between MFS Investment Grade Municipal Trust (CXH, ETF) and INFRASTRUCTURE CAPITAL BOND INCOME ETF (BNDS, ETF).

CXH vs BNDS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CXH(ETF)	BNDS(ETF)
Net Assets	$70M	$70M
Expense Ratio	N/A	0.88%
Max Drawdown	54.10%	21.88%
Sharpe Ratio	0.62	2.17
5Y Beta	0.06	0.22
5Y Dividends CAGR	3.80%	N/A

Net Assets

Winner

CXH

$70M

BNDS

$70M

Expense Ratio

CXH

N/A

BNDS

0.88%

Max Drawdown

CXH

54.10%

Winner

BNDS

21.88%

Sharpe Ratio

CXH

0.62

Winner

BNDS

2.17

5Y Beta

Winner

CXH

0.06

BNDS

0.22

5Y Dividends CAGR

CXH

3.80%

BNDS

N/A

CXH vs BNDS - Historical Returns

Returns include dividend reinvestment.

Period	CXH	BNDS
1 month	-6.08%	+0.24%
3 months	-5.02%	+2.63%
6 months	+0.80%	+4.80%
1 year	+8.67%	+11.40%
5 years(CAGR)	-0.71%	N/A
10 years(CAGR)	+1.67%	-0.01%
Max(CAGR)	+5.48%	+2.27%

CXH

-6.08%

Winner

BNDS

+0.24%

CXH

-5.02%

Winner

BNDS

+2.63%

CXH

+0.80%

Winner

BNDS

+4.80%

CXH

+8.67%

Winner

BNDS

+11.40%

5Y(CAGR)

CXH

-0.71%

BNDS

N/A

10Y(CAGR)

Winner

CXH

+1.67%

BNDS

-0.01%

Max(CAGR)

Winner

CXH

+5.48%

BNDS

+2.27%

CXH vs BNDS - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	CXH	BNDS
2026	+0.12%	+4.24%
2025	+3.62%	+8.30%
2024	+10.20%	N/A
2023	+9.31%	N/A
2022	-26.62%	N/A
2021	+10.16%	N/A
2020	+4.90%	N/A
2019	+13.79%	N/A
2018	-5.68%	N/A
2017	+7.60%	+3.56%
2016	-0.48%	+2.28%
2015	+11.47%	+0.06%
2014	+15.84%	+5.94%
2013	-14.45%	-2.08%
2012	+12.54%	+4.23%
2011	+18.49%	+7.93%
2010	+1.54%	+6.29%
2009	+56.18%	+3.94%
2008	-31.18%	+7.97%
2007	-6.83%	+5.46%
2006	+8.83%	N/A
2005	+10.09%	N/A
2004	+5.08%	N/A
2003	+11.01%	N/A
2002	+3.92%	N/A
2001	+20.12%	N/A
2000	+17.36%	N/A
1999	-2.43%	N/A

CXH vs BNDS Drawdown Comparison

The maximum drawdown for CXH was -49.04%, occurring on Dec 16, 2008. Recovery took 747 trading sessions.

The maximum drawdown for BNDS was -18.02%, occurring on Apr 8, 2025. This drawdown has not yet recovered.

The current CXH drawdown is -9.33%. The current BNDS drawdown is -2.03%.

Rank	CXH	BNDS
#1	-49.04% Mar 13, 2007 - Mar 1, 2010	-18.02% Sep 7, 2017 - Apr 8, 2025
#2	-34.67% Aug 4, 2021 - Oct 27, 2022	-13.75% Sep 9, 2008 - Nov 10, 2008
#3	-28.19% Mar 4, 2020 - Feb 1, 2021	-6.43% Jan 20, 2009 - Aug 13, 2009
#4	-22.75% Jul 11, 2012 - Jul 10, 2015	-5.01% May 1, 2013 - May 7, 2014
#5	-17.94% Sep 9, 2010 - Sep 26, 2011	-4.38% Jul 6, 2016 - Aug 31, 2017
#6	-15.34% Mar 11, 2004 - Feb 4, 2005	-3.71% Nov 4, 2010 - May 5, 2011
#7	-12.58% Sep 6, 2016 - Aug 29, 2017	-3.47% Mar 17, 2008 - Sep 9, 2008
#8	-12.25% Sep 1, 2017 - May 22, 2019	-3.11% Jan 30, 2015 - Feb 8, 2016
#9	-9.74% Aug 30, 2002 - Apr 29, 2003	-2.97% Nov 10, 2008 - Nov 25, 2008
#10	-9.23% Jul 10, 2003 - Nov 28, 2003	-1.82% Dec 18, 2008 - Jan 14, 2009
#11	-8.86% Mar 1, 2002 - Jun 26, 2002	-1.81% May 30, 2007 - Jul 26, 2007
#12	-8.51% Nov 14, 2001 - Feb 28, 2002	-1.81% Nov 30, 2009 - Mar 1, 2010
#13	-8.23% Nov 16, 1999 - Apr 10, 2000	-1.79% Sep 22, 2011 - Dec 16, 2011
#14	-8.01% Feb 22, 2006 - Sep 22, 2006	-1.77% Dec 3, 2007 - Jan 3, 2008
#15	-7.38% Mar 2, 2012 - May 11, 2012	-1.62% Jan 22, 2008 - Mar 14, 2008

Correlation

Correlation between CXH and BNDS is 0.84 which considered as a strong positive correlation - the stocks tend to move together.

0.84

-101

Dividend Comparison (1999 - 2026)

CXH vs BNDS dividend yield comparison.

Year	CXH	BNDS
2026	4.47%	3.35%
2025	4.70%	7.98%
2024	3.84%	0.00%
2023	3.63%	0.00%
2022	4.75%	0.00%
2021	4.77%	0.00%
2020	4.77%	0.00%
2019	4.63%	0.00%
2018	5.28%	0.00%
2017	4.90%	1.98%
2016	5.19%	2.63%
2015	5.14%	2.59%
2014	5.62%	2.43%
2013	6.39%	1.99%
2012	5.93%	2.35%
2011	7.21%	3.44%
2010	7.94%	4.54%
2009	6.58%	5.24%
2008	8.78%	4.40%
2007	5.77%	2.96%
2006	5.29%	0.00%
2005	6.41%	0.00%
2004	7.55%	0.00%
2003	7.07%	0.00%
2002	7.16%	0.00%
2001	6.21%	0.00%
2000	6.39%	0.00%
1999	1.18%	0.00%