IXP vs MMU

Comparison between ISHARES GLOBAL COMM SERVICES ETF (IXP, ETF) and Western Asset Managed Municipals Fund Inc (MMU, ETF).

5-Year PerformanceIXP has outperformed MMU, delivering a return of +8.5% compared to -0.6%

IXP vs MMU - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IXP(ETF)	MMU(ETF)
Net Assets	$599M	$598M
Expense Ratio	0.40%	N/A
Max Drawdown	53.06%	46.70%
Sharpe Ratio	0.77	0.77
5Y Beta	0.82	0.18
P/E Ratio	19.25	N/A
Forward P/E	17.15	N/A
PEG Ratio	0.21	N/A
5Y Dividends CAGR	31.13%	5.88%
5Y EPS CAGR	23.89%	N/A
Debt to Equity	29.97%	N/A
P/S Ratio	2.98	N/A
P/B Ratio	3.68	N/A

Net Assets

Winner

IXP

$599M

MMU

$598M

Expense Ratio

IXP

0.40%

MMU

N/A

Max Drawdown

IXP

53.06%

Winner

MMU

46.70%

Sharpe Ratio

Winner

IXP

0.77

MMU

0.77

5Y Beta

IXP

0.82

Winner

MMU

0.18

P/E Ratio

IXP

19.25

MMU

N/A

Forward P/E

IXP

17.15

MMU

N/A

PEG Ratio

IXP

0.21

MMU

N/A

5Y Dividends CAGR

Winner

IXP

31.13%

MMU

5.88%

5Y EPS CAGR

IXP

23.89%

MMU

N/A

Debt to Equity

IXP

29.97%

MMU

N/A

P/S Ratio

IXP

2.98

MMU

N/A

P/B Ratio

IXP

3.68

MMU

N/A

IXP vs MMU - Historical Returns

Returns include dividend reinvestment.

Period	IXP	MMU
1 month	-3.23%	+0.15%
3 months	-1.42%	-1.96%
6 months	-3.09%	-0.42%
1 year	+14.87%	+10.31%
5 years(CAGR)	+8.54%	-0.57%
10 years(CAGR)	+9.09%	+1.22%
Max(CAGR)	+6.69%	+5.83%

IXP

-3.23%

Winner

MMU

+0.15%

Winner

IXP

-1.42%

MMU

-1.96%

IXP

-3.09%

Winner

MMU

-0.42%

Winner

IXP

+14.87%

MMU

+10.31%

5Y(CAGR)

Winner

IXP

+8.54%

MMU

-0.57%

10Y(CAGR)

Winner

IXP

+9.09%

MMU

+1.22%

Max(CAGR)

Winner

IXP

+6.69%

MMU

+5.83%

IXP vs MMU - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	IXP	MMU
2026	-1.50%	-0.46%
2025	+28.75%	+6.96%
2024	+32.58%	+5.34%
2023	+36.66%	+4.91%
2022	-33.85%	-19.58%
2021	+13.71%	+6.24%
2020	+20.64%	+0.29%
2019	+24.18%	+5.60%
2018	-14.27%	-4.82%
2017	+5.52%	+8.30%
2016	+6.96%	+1.72%
2015	+0.08%	+10.34%
2014	-0.28%	+18.47%
2013	+21.66%	-11.35%
2012	+6.25%	+14.07%
2011	+0.31%	+20.27%
2010	+9.48%	+3.61%
2009	+10.09%	+37.35%
2008	-30.11%	-9.63%
2007	+23.94%	+3.15%
2006	+31.42%	+10.06%
2005	-5.20%	+3.14%
2004	+17.65%	+0.27%
2003	+21.44%	+14.43%
2002	-27.77%	+8.40%
2001	-0.87%	+7.38%
2000	N/A	+16.78%
1999	N/A	-6.08%

IXP vs MMU Drawdown Comparison

The maximum drawdown for IXP was -50.11%, occurring on Mar 9, 2009. Recovery took 1479 trading sessions.

The maximum drawdown for MMU was -34.50%, occurring on Mar 18, 2020. This drawdown has not yet recovered.

The current IXP drawdown is -5.89%. The current MMU drawdown is -7.32%.

Rank	IXP	MMU
#1	-50.11% Oct 29, 2007 - Sep 13, 2013	-34.50% Aug 8, 2019 - Mar 18, 2020
#2	-45.32% Jan 4, 2002 - Nov 26, 2004	-32.11% May 28, 2008 - Apr 21, 2009
#3	-44.29% Sep 7, 2021 - Jun 5, 2024	-26.42% Nov 26, 2012 - Mar 4, 2015
#4	-27.11% Feb 19, 2020 - Jul 8, 2020	-16.43% Dec 20, 2017 - Feb 26, 2019
#5	-19.89% Jan 26, 2018 - Apr 29, 2019	-14.63% Aug 23, 2016 - Dec 20, 2017
#6	-17.54% Feb 14, 2025 - Jun 6, 2025	-13.52% Sep 10, 2010 - Sep 7, 2011
#7	-13.99% Apr 28, 2015 - Apr 19, 2016	-12.27% Mar 8, 2004 - Nov 26, 2004
#8	-13.95% Aug 15, 2016 - Dec 12, 2017	-9.50% Feb 9, 2012 - May 3, 2012
#9	-12.26% Jan 29, 2026 - Mar 27, 2026	-8.49% Nov 16, 1999 - Jun 22, 2000
#10	-10.63% Sep 2, 2020 - Nov 5, 2020	-7.74% Oct 6, 2009 - Jan 14, 2010
#11	-9.22% Dec 31, 2004 - Mar 22, 2006	-7.60% Apr 24, 2015 - Jul 29, 2015
#12	-9.13% Apr 29, 2019 - Jul 26, 2019	-7.25% Sep 7, 2001 - Nov 7, 2001
#13	-8.98% Jul 29, 2014 - Apr 23, 2015	-7.17% Jul 27, 2012 - Sep 21, 2012
#14	-8.65% Jul 10, 2024 - Sep 20, 2024	-7.06% May 14, 2007 - Jan 3, 2008
#15	-8.28% Jul 19, 2007 - Sep 13, 2007	-6.87% Oct 2, 2002 - May 14, 2003

Correlation

Correlation between IXP and MMU is 0.82 which considered as a strong positive correlation - the stocks tend to move together.

0.82

-101

Dividend Comparison (1999 - 2026)

IXP vs MMU dividend yield comparison.

Year	IXP	MMU
2026	0.00%	2.69%
2025	2.98%	6.26%
2024	1.35%	6.16%
2023	1.24%	4.36%
2022	0.62%	4.65%
2021	1.80%	3.88%
2020	0.95%	4.21%
2019	2.18%	4.96%
2018	4.32%	5.68%
2017	3.41%	5.37%
2016	4.02%	5.67%
2015	3.89%	5.50%
2014	12.39%	5.74%
2013	3.40%	6.39%
2012	4.76%	5.43%
2011	5.44%	5.82%
2010	4.23%	6.40%
2009	4.05%	5.29%
2008	4.66%	5.79%
2007	1.96%	4.97%
2006	2.39%	5.16%
2005	2.53%	5.54%
2004	1.25%	6.35%
2003	1.42%	6.10%
2002	1.74%	5.87%
2001	0.03%	5.77%
2000	0.00%	6.04%
1999	0.00%	1.10%