MBND vs IDX

Comparison between STATE STREET(R) NUVEEN MUNICIPAL BOND ETF (MBND, ETF) and VANECK INDONESIA INDEX ETF (IDX, ETF).

5-Year PerformanceMBND has outperformed IDX, delivering a return of +0.3% compared to -6.2%

MBND vs IDX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MBND(ETF)	IDX(ETF)
Net Assets	$28M	$28M
Expense Ratio	0.40%	0.57%
Max Drawdown	15.51%	72.26%
Sharpe Ratio	0.40	-0.99
5Y Beta	0.01	0.58
5Y Dividends CAGR	51.85%	2.13%

Net Assets

MBND

$28M

IDX

$28M

Expense Ratio

Winner

MBND

0.40%

IDX

0.57%

Max Drawdown

Winner

MBND

15.51%

IDX

72.26%

Sharpe Ratio

Winner

MBND

0.40

IDX

-0.99

5Y Beta

Winner

MBND

0.01

IDX

0.58

5Y Dividends CAGR

Winner

MBND

51.85%

IDX

2.13%

MBND vs IDX - Historical Returns

Returns include dividend reinvestment.

Period	MBND	IDX
1 month	-0.62%	+4.44%
3 months	-0.13%	-20.87%
6 months	+0.09%	-33.29%
1 year	+4.79%	-24.93%
5 years(CAGR)	+0.35%	-6.24%
10 years(CAGR)	N/A	-4.50%
Max(CAGR)	+0.58%	+4.19%

MBND

-0.62%

Winner

IDX

+4.44%

Winner

MBND

-0.13%

IDX

-20.87%

Winner

MBND

+0.09%

IDX

-33.29%

Winner

MBND

+4.79%

IDX

-24.93%

5Y(CAGR)

Winner

MBND

+0.35%

IDX

-6.24%

10Y(CAGR)

MBND

N/A

IDX

-4.50%

Max(CAGR)

MBND

+0.58%

Winner

IDX

+4.19%

MBND vs IDX - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

Year	MBND	IDX
2026	+0.49%	-32.60%
2025	+2.79%	+12.02%
2024	+2.86%	-10.09%
2023	+5.48%	+1.81%
2022	-8.57%	-10.96%
2021	+0.59%	-4.24%
2020	N/A	-8.98%
2019	N/A	+4.56%
2018	N/A	-11.24%
2017	N/A	+18.52%
2016	N/A	+18.75%
2015	N/A	-20.97%
2014	N/A	+20.91%
2013	N/A	-24.42%
2012	N/A	+0.20%
2011	N/A	-1.78%
2010	N/A	+35.39%
2009	N/A	+163.66%

MBND vs IDX Drawdown Comparison

The maximum drawdown for MBND was -13.18%, occurring on Oct 25, 2022. Recovery took 1033 trading sessions.

The maximum drawdown for IDX was -63.18%, occurring on Mar 23, 2020. This drawdown has not yet recovered.

The current MBND drawdown is -1.20%. The current IDX drawdown is -53.67%.

Rank	MBND	IDX
#1	-13.18% Aug 3, 2021 - Sep 15, 2025	-63.18% Aug 1, 2011 - Mar 23, 2020
#2	-2.44% Feb 27, 2026 - Jun 15, 2026	-18.98% May 3, 2010 - Jul 13, 2010
#3	-2.07% Feb 11, 2021 - Jun 4, 2021	-18.09% Jan 26, 2009 - Mar 23, 2009
#4	-1.20% Jun 15, 2026 - Jul 21, 2026	-17.64% Nov 10, 2010 - Apr 15, 2011
#5	-0.80% Sep 17, 2025 - Oct 15, 2025	-16.15% Jun 5, 2009 - Jul 20, 2009
#6	-0.57% Nov 12, 2025 - Jan 5, 2026	-13.57% Oct 19, 2009 - Jan 4, 2010
#7	-0.53% Jun 14, 2021 - Jul 8, 2021	-13.56% Jan 19, 2010 - Mar 17, 2010
#8	-0.33% Oct 27, 2025 - Nov 12, 2025	-9.84% May 8, 2009 - May 19, 2009
#9	-0.24% Jan 16, 2026 - Jan 30, 2026	-8.57% Aug 13, 2009 - Sep 10, 2009
#10	-0.13% Jul 8, 2021 - Jul 15, 2021	-6.47% Mar 24, 2009 - Apr 2, 2009
#11	-0.10% Jul 20, 2021 - Jul 28, 2021	-5.51% Apr 17, 2009 - Apr 29, 2009
#12	-0.10% Feb 19, 2026 - Feb 24, 2026	-5.16% Apr 29, 2011 - Jun 30, 2011
#13	-0.09% Feb 12, 2026 - Feb 17, 2026	-4.84% Aug 2, 2010 - Sep 1, 2010
#14	-0.08% Jul 28, 2021 - Aug 3, 2021	-4.57% May 19, 2009 - Jun 1, 2009
#15	-0.03% Feb 10, 2026 - Feb 12, 2026	-4.43% Oct 6, 2009 - Oct 14, 2009

Correlation

Correlation between MBND and IDX is -0.47 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.47

-101

Dividend Comparison (2009 - 2026)

MBND vs IDX dividend yield comparison.

Year	MBND	IDX
2026	1.72%	0.00%
2025	3.43%	2.08%
2024	2.72%	4.01%
2023	2.53%	3.62%
2022	1.61%	3.64%
2021	1.62%	1.08%
2020	0.00%	1.66%
2019	0.00%	2.21%
2018	0.00%	2.19%
2017	0.00%	1.85%
2016	0.00%	1.16%
2015	0.00%	2.43%
2014	0.00%	2.07%
2013	0.00%	3.38%
2012	0.00%	1.78%
2011	0.00%	1.59%
2010	0.00%	0.94%
2009	0.00%	0.29%