KTF vs MIY

Comparison between DWS Municipal Income Trust (KTF, ETF) and BlackRock MuniYield Michigan Quality Fund Inc (MIY, ETF).

5-Year PerformanceMIY has outperformed KTF, delivering a return of +0.4% compared to -0.9%

KTF vs MIY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	KTF(ETF)	MIY(ETF)
Net Assets	$352M	$352M
Max Drawdown	55.06%	50.82%
Sharpe Ratio	0.87	1.20
5Y Beta	0.09	0.14
5Y Dividends CAGR	9.27%	1.21%

Net Assets

Winner

KTF

$352M

MIY

$352M

Max Drawdown

KTF

55.06%

Winner

MIY

50.82%

Sharpe Ratio

KTF

0.87

Winner

MIY

1.20

5Y Beta

Winner

KTF

0.09

MIY

0.14

5Y Dividends CAGR

Winner

KTF

9.27%

MIY

1.21%

KTF vs MIY - Historical Returns

Returns include dividend reinvestment.

Period	KTF	MIY
1 month	+0.00%	+2.65%
3 months	+0.67%	+5.47%
6 months	-0.07%	+4.64%
1 year	+10.43%	+18.28%
5 years(CAGR)	-0.85%	+0.40%
10 years(CAGR)	+0.50%	+3.01%
Max(CAGR)	+5.74%	+5.67%

KTF

+0.00%

Winner

MIY

+2.65%

KTF

+0.67%

Winner

MIY

+5.47%

KTF

-0.07%

Winner

MIY

+4.64%

KTF

+10.43%

Winner

MIY

+18.28%

5Y(CAGR)

KTF

-0.85%

Winner

MIY

+0.40%

10Y(CAGR)

KTF

+0.50%

Winner

MIY

+3.01%

Max(CAGR)

Winner

KTF

+5.74%

MIY

+5.67%

KTF vs MIY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	KTF	MIY
2026	+2.06%	+10.80%
2025	+3.99%	+9.85%
2024	+12.91%	+2.85%
2023	+5.86%	+4.79%
2022	-23.87%	-23.78%
2021	+6.09%	+9.95%
2020	+7.62%	+7.48%
2019	+12.58%	+17.81%
2018	-8.39%	-6.04%
2017	-5.18%	+8.69%
2016	+2.51%	+2.26%
2015	+6.87%	+5.94%
2014	+18.50%	+17.64%
2013	-13.85%	-16.80%
2012	+12.64%	+7.93%
2011	+31.44%	+25.37%
2010	+5.11%	+10.33%
2009	+50.64%	+40.58%
2008	-18.13%	-24.58%
2007	+0.56%	-3.81%
2006	-9.11%	-3.30%
2005	+18.25%	+7.52%
2004	+0.51%	+10.85%
2003	+17.49%	+12.00%
2002	+7.70%	+12.32%
2001	+9.36%	+13.29%
2000	+15.39%	+8.59%
1999	-5.12%	-4.48%

KTF vs MIY Drawdown Comparison

The maximum drawdown for KTF was -46.96%, occurring on Dec 16, 2008. Recovery took 885 trading sessions.

The maximum drawdown for MIY was -42.18%, occurring on Oct 10, 2008. Recovery took 394 trading sessions.

The current KTF drawdown is -5.46%. The current MIY drawdown is -0.79%.

Rank	KTF	MIY
#1	-46.96% Feb 1, 2006 - Aug 7, 2009	-42.18% Feb 12, 2008 - Sep 3, 2009
#2	-35.40% Jul 28, 2021 - Oct 25, 2023	-34.58% Aug 2, 2021 - Mar 4, 2026
#3	-26.62% Sep 6, 2016 - Jan 28, 2021	-25.81% Jan 23, 2013 - Jan 4, 2016
#4	-22.47% Jan 23, 2013 - Jan 12, 2015	-24.40% Mar 4, 2020 - Aug 6, 2020
#5	-20.35% Sep 30, 2010 - Sep 8, 2011	-17.37% Aug 31, 2010 - Sep 29, 2011
#6	-16.13% Feb 27, 2004 - Aug 26, 2004	-13.79% Nov 5, 1999 - Dec 18, 2000
#7	-14.80% Aug 28, 2000 - Jan 23, 2001	-12.75% Jul 11, 2016 - Apr 12, 2019
#8	-12.45% Nov 4, 1999 - Mar 30, 2000	-11.86% Mar 24, 2004 - Sep 9, 2004
#9	-10.17% Jul 2, 2003 - Dec 22, 2003	-11.14% Jun 11, 2003 - Jan 7, 2004
#10	-9.65% Feb 3, 2015 - Nov 3, 2015	-10.97% Jan 24, 2006 - Feb 12, 2008
#11	-9.44% Nov 13, 2001 - Jun 13, 2002	-10.08% Mar 4, 2026 - Aug 14, 2026
#12	-8.93% Aug 23, 2001 - Nov 9, 2001	-9.04% Feb 10, 2012 - May 24, 2012
#13	-8.58% Aug 1, 2012 - Nov 20, 2012	-8.91% Oct 1, 2002 - Mar 5, 2003
#14	-8.47% Feb 1, 2012 - May 11, 2012	-8.41% Nov 28, 2012 - Jan 23, 2013
#15	-8.02% Oct 3, 2002 - Feb 11, 2003	-7.27% Nov 14, 2001 - May 28, 2002

Correlation

Correlation between KTF and MIY is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97

-101

Dividend Comparison (1999 - 2026)

KTF vs MIY dividend yield comparison.

Year	KTF	MIY
2026	5.56%	3.49%
2025	8.42%	5.57%
2024	6.94%	5.21%
2023	3.51%	3.86%
2022	4.76%	5.70%
2021	4.25%	4.38%
2020	4.36%	4.23%
2019	4.67%	4.27%
2018	6.17%	5.27%
2017	6.44%	5.46%
2016	6.48%	5.85%
2015	6.23%	5.66%
2014	6.40%	6.32%
2013	7.07%	7.36%
2012	5.90%	5.87%
2011	7.17%	6.02%
2010	8.58%	6.79%
2009	7.22%	5.87%
2008	7.45%	7.08%
2007	5.44%	5.36%
2006	5.46%	5.54%
2005	6.28%	6.21%
2004	7.01%	6.47%
2003	6.37%	6.54%
2002	6.50%	6.62%
2001	6.49%	5.53%
2000	7.65%	2.55%
1999	1.41%	0.00%