HTAX vs TBLU

Comparison between MACQUARIE NATIONAL HIGH-YIELD MUNICIPAL BOND ETF (HTAX, ETF) and TORTOISE GLOBAL WATER ETF (TBLU, ETF).

HTAX vs TBLU - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HTAX(ETF)	TBLU(ETF)
Net Assets	$56M	$56M
Expense Ratio	0.49%	0.40%
Max Drawdown	7.34%	37.58%
Sharpe Ratio	1.01	-0.29
5Y Beta	0.01	0.64
P/E Ratio	N/A	24.33
Forward P/E	N/A	19.21
PEG Ratio	N/A	1.16
5Y Dividends CAGR	N/A	28.78%
Debt to Equity	N/A	45.67%
P/S Ratio	N/A	2.59
P/B Ratio	N/A	3.47

Net Assets

HTAX

$56M

Winner

TBLU

$56M

Expense Ratio

HTAX

0.49%

Winner

TBLU

0.40%

Max Drawdown

Winner

HTAX

7.34%

TBLU

37.58%

Sharpe Ratio

Winner

HTAX

1.01

TBLU

-0.29

5Y Beta

Winner

HTAX

0.01

TBLU

0.64

P/E Ratio

HTAX

N/A

TBLU

24.33

Forward P/E

HTAX

N/A

TBLU

19.21

PEG Ratio

HTAX

N/A

TBLU

1.16

5Y Dividends CAGR

HTAX

N/A

TBLU

28.78%

Debt to Equity

HTAX

N/A

TBLU

45.67%

P/S Ratio

HTAX

N/A

TBLU

2.59

P/B Ratio

HTAX

N/A

TBLU

3.47

HTAX vs TBLU - Historical Returns

Returns include dividend reinvestment.

Period	HTAX	TBLU
1 month	+1.18%	-3.67%
3 months	+1.62%	-6.30%
6 months	+3.58%	-2.93%
1 year	+8.72%	-1.48%
5 years(CAGR)	N/A	+3.80%
10 years(CAGR)	N/A	+9.44%
Max(CAGR)	+3.92%	+9.44%

Winner

HTAX

+1.18%

TBLU

-3.67%

Winner

HTAX

+1.62%

TBLU

-6.30%

Winner

HTAX

+3.58%

TBLU

-2.93%

Winner

HTAX

+8.72%

TBLU

-1.48%

5Y(CAGR)

HTAX

N/A

TBLU

+3.80%

10Y(CAGR)

HTAX

N/A

TBLU

+9.44%

Max(CAGR)

HTAX

+3.92%

Winner

TBLU

+9.44%

HTAX vs TBLU - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	HTAX	TBLU
2026	+3.41%	-2.95%
2025	+1.44%	+12.42%
2024	N/A	+9.92%
2023	N/A	+20.01%
2022	N/A	-25.20%
2021	N/A	+30.22%
2020	N/A	+16.37%
2019	N/A	+38.09%
2018	N/A	-12.48%
2017	N/A	+20.20%

HTAX vs TBLU Drawdown Comparison

The maximum drawdown for HTAX was -6.10%, occurring on Jul 18, 2025. Recovery took 132 trading sessions.

The maximum drawdown for TBLU was -37.58%, occurring on Mar 23, 2020. Recovery took 163 trading sessions.

The current HTAX drawdown is -0.35%. The current TBLU drawdown is -11.58%.

Rank	HTAX	TBLU
#1	-6.10% Mar 10, 2025 - Sep 17, 2025	-37.58% Feb 20, 2020 - Oct 12, 2020
#2	-3.06% Feb 27, 2026 - Apr 24, 2026	-35.36% Dec 31, 2021 - Jul 31, 2024
#3	-1.69% May 8, 2026 - May 27, 2026	-17.25% Jan 26, 2018 - Jun 13, 2019
#4	-0.92% Jan 14, 2026 - Feb 2, 2026	-15.42% Dec 9, 2024 - May 15, 2025
#5	-0.86% Nov 26, 2025 - Jan 7, 2026	-13.17% Feb 26, 2026 - Mar 20, 2026
#6	-0.82% Nov 11, 2025 - Nov 26, 2025	-8.73% Sep 2, 2021 - Nov 9, 2021
#7	-0.66% Oct 1, 2025 - Oct 13, 2025	-8.29% Aug 22, 2025 - Jan 16, 2026
#8	-0.61% Oct 27, 2025 - Nov 11, 2025	-6.00% May 4, 2017 - Jul 20, 2017
#9	-0.60% Sep 17, 2025 - Oct 1, 2025	-5.90% Jan 13, 2021 - Mar 26, 2021
#10	-0.43% Apr 24, 2026 - May 6, 2026	-5.63% Oct 12, 2020 - Nov 5, 2020
#11	-0.36% Feb 19, 2026 - Feb 24, 2026	-5.54% Jul 31, 2024 - Sep 19, 2024
#12	-0.35% Jun 4, 2026 - Jun 5, 2026	-5.24% Jul 29, 2019 - Sep 18, 2019
#13	-0.26% Jan 7, 2026 - Jan 14, 2026	-5.01% Nov 19, 2021 - Dec 27, 2021
#14	-0.19% Feb 5, 2026 - Feb 10, 2026	-4.60% Oct 7, 2024 - Nov 6, 2024
#15	-0.14% Oct 22, 2025 - Oct 27, 2025	-4.27% Mar 1, 2017 - Apr 26, 2017