MFM vs JTNY
Comparison between MFS Municipal Income Trust (MFM, ETF) and JPMorgan New York Tax Free Bond ETF (JTNY, ETF).
MFM vs JTNY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
MFM
$464M
JTNY
$463M
Expense Ratio
MFM
N/A
JTNY
0.34%
Max Drawdown
MFM
59.26%
Winner
JTNY
1.44%
Sharpe Ratio
Winner
MFM
1.07
JTNY
-5.01
5Y Beta
MFM
0.16
Winner
JTNY
0.05
5Y Dividends CAGR
MFM
0.16%
JTNY
N/A
MFM vs JTNY - Historical Returns
Returns include dividend reinvestment.
1M
Winner
MFM
+0.97%
JTNY
-1.03%
3M
MFM
+3.39%
JTNY
N/A
6M
MFM
+3.89%
JTNY
N/A
1Y
MFM
+15.16%
JTNY
N/A
5Y(CAGR)
MFM
-0.48%
JTNY
N/A
10Y(CAGR)
MFM
+1.92%
JTNY
N/A
Max(CAGR)
Winner
MFM
+5.08%
JTNY
-7.98%
MFM vs JTNY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | MFM | JTNY |
|---|---|---|
| 2026 | +6.30% | -0.82% |
| 2025 | +6.36% | N/A |
| 2024 | +7.72% | N/A |
| 2023 | +4.52% | N/A |
| 2022 | -21.84% | N/A |
| 2021 | +9.78% | N/A |
| 2020 | -1.42% | N/A |
| 2019 | +16.86% | N/A |
| 2018 | -5.41% | N/A |
| 2017 | +8.63% | N/A |
| 2016 | +1.49% | N/A |
| 2015 | +8.74% | N/A |
| 2014 | +13.39% | N/A |
| 2013 | -14.36% | N/A |
| 2012 | +14.85% | N/A |
| 2011 | +18.24% | N/A |
| 2010 | +0.65% | N/A |
| 2009 | +70.75% | N/A |
| 2008 | -36.78% | N/A |
| 2007 | -13.70% | N/A |
| 2006 | +11.48% | N/A |
| 2005 | +9.19% | N/A |
| 2004 | +8.26% | N/A |
| 2003 | +13.39% | N/A |
| 2002 | -1.94% | N/A |
| 2001 | +10.39% | N/A |
| 2000 | +13.66% | N/A |
| 1999 | -7.97% | N/A |
MFM vs JTNY Drawdown Comparison
The maximum drawdown for MFM was -54.24%, occurring on Dec 16, 2008. Recovery took 759 trading sessions.
The maximum drawdown for JTNY was -1.15%, occurring on Jul 21, 2026. This drawdown has not yet recovered.
The current MFM drawdown is -5.42%. The current JTNY drawdown is -1.15%.
| Rank | MFM | JTNY |
|---|---|---|
| #1 | -54.24% Apr 2, 2007 - Apr 7, 2010 | -1.15% Jun 29, 2026 - Jul 21, 2026 |
| #2 | -34.38% Jul 29, 2021 - Oct 27, 2023 | -0.23% Jun 18, 2026 - Jun 26, 2026 |
| #3 | -29.37% Feb 14, 2020 - May 6, 2021 | -0.17% Jun 16, 2026 - Jun 18, 2026 |
| #4 | -24.74% Oct 1, 2012 - Dec 24, 2015 | N/A |
| #5 | -15.37% Mar 25, 2004 - Oct 27, 2004 | N/A |
| #6 | -15.26% Oct 29, 2010 - Sep 12, 2011 | N/A |
| #7 | -13.45% Nov 4, 1999 - Jun 2, 2000 | N/A |
| #8 | -12.02% Jul 8, 2016 - Jun 6, 2017 | N/A |
| #9 | -11.92% Sep 17, 2001 - Oct 4, 2002 | N/A |
| #10 | -11.67% Jul 13, 2017 - Feb 20, 2019 | N/A |
| #11 | -10.96% Aug 31, 2000 - Jan 4, 2001 | N/A |
| #12 | -10.86% Oct 4, 2002 - May 9, 2003 | N/A |
| #13 | -10.56% Jun 11, 2003 - Jan 6, 2004 | N/A |
| #14 | -9.57% Sep 13, 2005 - Jan 19, 2006 | N/A |
| #15 | -8.19% Feb 11, 2005 - May 11, 2005 | N/A |
Correlation
Correlation between MFM and JTNY is 1.00 which considered as a very strong positive correlation - the stocks move almost identically together.
1.00
-101
Dividend Comparison (2000 - 2026)
MFM vs JTNY dividend yield comparison.
| Year | MFM | JTNY |
|---|---|---|
| 2026 | 3.15% | 0.30% |
| 2025 | 5.08% | 0.00% |
| 2024 | 4.65% | 0.00% |
| 2023 | 4.12% | 0.00% |
| 2022 | 4.85% | 0.00% |
| 2021 | 4.34% | 0.00% |
| 2020 | 4.70% | 0.00% |
| 2019 | 4.71% | 0.00% |
| 2018 | 5.91% | 0.00% |
| 2017 | 5.62% | 0.00% |
| 2016 | 5.72% | 0.00% |
| 2015 | 5.76% | 0.00% |
| 2014 | 6.04% | 0.00% |
| 2013 | 7.08% | 0.00% |
| 2012 | 6.31% | 0.00% |
| 2011 | 7.09% | 0.00% |
| 2010 | 7.86% | 0.00% |
| 2009 | 7.32% | 0.00% |
| 2008 | 11.29% | 0.00% |
| 2007 | 6.82% | 0.00% |
| 2006 | 5.82% | 0.00% |
| 2005 | 6.93% | 0.00% |
| 2004 | 7.10% | 0.00% |
| 2003 | 7.04% | 0.00% |
| 2002 | 7.38% | 0.00% |
| 2001 | 6.92% | 0.00% |
| 2000 | 3.01% | 0.00% |
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