IBND vs MFM

Comparison between SPDR(R) BLOOMBERG INTERNATIONAL CORPORATE BOND ETF (IBND, ETF) and MFS Municipal Income Trust (MFM, ETF).

5-Year PerformanceMFM has outperformed IBND, delivering a return of -0.5% compared to -1.4%

IBND vs MFM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IBND(ETF)	MFM(ETF)
Net Assets	$462M	$464M
Expense Ratio	0.50%	N/A
Max Drawdown	36.02%	59.26%
Sharpe Ratio	-0.57	1.07
5Y Beta	0.06	0.16
5Y Dividends CAGR	42.67%	0.16%

Net Assets

IBND

$462M

Winner

MFM

$464M

Expense Ratio

IBND

0.50%

MFM

N/A

Max Drawdown

Winner

IBND

36.02%

MFM

59.26%

Sharpe Ratio

IBND

-0.57

Winner

MFM

1.07

5Y Beta

Winner

IBND

0.06

MFM

0.16

5Y Dividends CAGR

Winner

IBND

42.67%

MFM

0.16%

IBND vs MFM - Historical Returns

Returns include dividend reinvestment.

Period	IBND	MFM
1 month	-0.83%	+0.97%
3 months	-2.53%	+3.39%
6 months	-2.74%	+3.89%
1 year	-1.67%	+15.16%
5 years(CAGR)	-1.44%	-0.48%
10 years(CAGR)	+0.56%	+1.92%
Max(CAGR)	+1.29%	+5.08%

IBND

-0.83%

Winner

MFM

+0.97%

IBND

-2.53%

Winner

MFM

+3.39%

IBND

-2.74%

Winner

MFM

+3.89%

IBND

-1.67%

Winner

MFM

+15.16%

5Y(CAGR)

IBND

-1.44%

Winner

MFM

-0.48%

10Y(CAGR)

IBND

+0.56%

Winner

MFM

+1.92%

Max(CAGR)

IBND

+1.29%

Winner

MFM

+5.08%

IBND vs MFM - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	IBND	MFM
2026	-2.50%	+6.30%
2025	+17.24%	+6.36%
2024	-1.83%	+7.72%
2023	+11.58%	+4.52%
2022	-18.66%	-21.84%
2021	-8.55%	+9.78%
2020	+11.93%	-1.42%
2019	+5.37%	+16.86%
2018	-6.18%	-5.41%
2017	+16.62%	+8.63%
2016	+0.55%	+1.49%
2015	-10.02%	+8.74%
2014	-4.11%	+13.39%
2013	+5.28%	-14.36%
2012	+11.98%	+14.85%
2011	-0.32%	+18.24%
2010	+7.55%	+0.65%
2009	N/A	+70.75%
2008	N/A	-36.78%
2007	N/A	-13.70%
2006	N/A	+11.48%
2005	N/A	+9.19%
2004	N/A	+8.26%
2003	N/A	+13.39%
2002	N/A	-1.94%
2001	N/A	+10.39%
2000	N/A	+13.66%
1999	N/A	-7.97%

IBND vs MFM Drawdown Comparison

The maximum drawdown for IBND was -35.62%, occurring on Sep 27, 2022. This drawdown has not yet recovered.

The maximum drawdown for MFM was -54.24%, occurring on Dec 16, 2008. Recovery took 759 trading sessions.

The current IBND drawdown is -11.03%. The current MFM drawdown is -5.42%.

Rank	IBND	MFM
#1	-35.62% Dec 30, 2020 - Sep 27, 2022	-54.24% Apr 2, 2007 - Apr 7, 2010
#2	-21.72% May 6, 2014 - Nov 25, 2020	-34.38% Jul 29, 2021 - Oct 27, 2023
#3	-11.03% May 2, 2011 - Oct 4, 2012	-29.37% Feb 14, 2020 - May 6, 2021
#4	-8.60% Oct 14, 2010 - Apr 8, 2011	-24.74% Oct 1, 2012 - Dec 24, 2015
#5	-6.01% Feb 1, 2013 - Sep 18, 2013	-15.37% Mar 25, 2004 - Oct 27, 2004
#6	-4.34% May 20, 2010 - Jul 6, 2010	-15.26% Oct 29, 2010 - Sep 12, 2011
#7	-3.88% Aug 6, 2010 - Sep 22, 2010	-13.45% Nov 4, 1999 - Jun 2, 2000
#8	-3.47% Oct 24, 2013 - Feb 13, 2014	-12.02% Jul 8, 2016 - Jun 6, 2017
#9	-2.62% Oct 17, 2012 - Dec 4, 2012	-11.92% Sep 17, 2001 - Oct 4, 2002
#10	-1.89% Dec 27, 2012 - Jan 10, 2013	-11.67% Jul 13, 2017 - Feb 20, 2019
#11	-1.80% Mar 18, 2014 - Apr 11, 2014	-10.96% Aug 31, 2000 - Jan 4, 2001
#12	-0.98% Jul 19, 2010 - Jul 23, 2010	-10.86% Oct 4, 2002 - May 9, 2003
#13	-0.97% Dec 4, 2012 - Dec 12, 2012	-10.56% Jun 11, 2003 - Jan 6, 2004
#14	-0.92% Oct 3, 2013 - Oct 17, 2013	-9.57% Sep 13, 2005 - Jan 19, 2006
#15	-0.92% Oct 4, 2012 - Oct 16, 2012	-8.19% Feb 11, 2005 - May 11, 2005

Correlation

Correlation between IBND and MFM is 0.35 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.35

-101

Dividend Comparison (2000 - 2026)

IBND vs MFM dividend yield comparison.

Year	IBND	MFM
2026	1.40%	3.15%
2025	2.49%	5.08%
2024	2.61%	4.65%
2023	2.08%	4.12%
2022	0.54%	4.85%
2021	0.38%	4.34%
2020	0.45%	4.70%
2019	0.67%	4.71%
2018	0.71%	5.91%
2017	0.34%	5.62%
2016	0.01%	5.72%
2015	0.01%	5.76%
2014	1.66%	6.04%
2013	1.24%	7.08%
2012	1.21%	6.31%
2011	2.40%	7.09%
2010	2.16%	7.86%
2009	0.00%	7.32%
2008	0.00%	11.29%
2007	0.00%	6.82%
2006	0.00%	5.82%
2005	0.00%	6.93%
2004	0.00%	7.10%
2003	0.00%	7.04%
2002	0.00%	7.38%
2001	0.00%	6.92%
2000	0.00%	3.01%