MHF vs COMB

Comparison between Western Asset Municipal High Income Fund Inc (MHF, ETF) and GRANITESHARES BLOOMBERG COMMODITY BROAD STRATEGY NO K-1 ETF (COMB, ETF).

5-Year PerformanceCOMB has outperformed MHF, delivering a return of +9.9% compared to +1.4%

MHF vs COMB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MHF(ETF)	COMB(ETF)
Net Assets	$153M	$159M
Expense Ratio	N/A	0.25%
Max Drawdown	35.92%	46.53%
Sharpe Ratio	0.22	1.45
5Y Beta	0.19	0.15
5Y Dividends CAGR	10.43%	39.70%

Net Assets

MHF

$153M

Winner

COMB

$159M

Expense Ratio

MHF

N/A

COMB

0.25%

Max Drawdown

Winner

MHF

35.92%

COMB

46.53%

Sharpe Ratio

MHF

0.22

Winner

COMB

1.45

5Y Beta

MHF

0.19

Winner

COMB

0.15

5Y Dividends CAGR

MHF

10.43%

Winner

COMB

39.70%

MHF vs COMB - Historical Returns

Returns include dividend reinvestment.

Period	MHF	COMB
1 month	+0.35%	-9.92%
3 months	+1.36%	-3.74%
6 months	+1.98%	+20.50%
1 year	+4.71%	+29.29%
5 years(CAGR)	+1.38%	+9.89%
10 years(CAGR)	+2.59%	+7.18%
Max(CAGR)	+4.94%	+7.18%

Winner

MHF

+0.35%

COMB

-9.92%

Winner

MHF

+1.36%

COMB

-3.74%

MHF

+1.98%

Winner

COMB

+20.50%

MHF

+4.71%

Winner

COMB

+29.29%

5Y(CAGR)

MHF

+1.38%

Winner

COMB

+9.89%

10Y(CAGR)

MHF

+2.59%

Winner

COMB

+7.18%

Max(CAGR)

MHF

+4.94%

Winner

COMB

+7.18%

MHF vs COMB - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	MHF	COMB
2026	+3.25%	+19.21%
2025	+5.62%	+14.51%
2024	+11.13%	+5.89%
2023	+3.08%	-6.04%
2022	-17.27%	+14.58%
2021	+10.73%	+26.25%
2020	+2.74%	-2.87%
2019	+11.83%	+6.97%
2018	-2.40%	-11.88%
2017	+7.69%	+4.97%
2016	-4.81%	N/A
2015	+6.80%	N/A
2014	+20.30%	N/A
2013	-12.41%	N/A
2012	+6.95%	N/A
2011	+16.94%	N/A
2010	+3.58%	N/A
2009	+18.79%	N/A
2008	-6.14%	N/A
2007	-3.49%	N/A
2006	+15.59%	N/A
2005	+6.05%	N/A
2004	-0.82%	N/A
2003	+9.44%	N/A
2002	-2.15%	N/A
2001	+2.25%	N/A
2000	+21.56%	N/A
1999	-5.06%	N/A

MHF vs COMB Drawdown Comparison

The maximum drawdown for MHF was -29.95%, occurring on Oct 6, 2008. Recovery took 412 trading sessions.

The maximum drawdown for COMB was -33.50%, occurring on Apr 21, 2020. Recovery took 735 trading sessions.

The current MHF drawdown is -5.37%. The current COMB drawdown is -9.92%.

Rank	MHF	COMB
#1	-29.95% Jul 9, 2008 - Feb 26, 2010	-33.50% May 23, 2018 - Apr 26, 2021
#2	-26.72% Oct 25, 2021 - Feb 19, 2025	-26.48% Jun 7, 2022 - Jan 22, 2026
#3	-24.97% Feb 25, 2020 - Jan 26, 2021	-10.79% Mar 8, 2022 - Apr 18, 2022
#4	-24.71% Sep 26, 2012 - Dec 2, 2015	-10.77% Oct 25, 2021 - Jan 26, 2022
#5	-14.28% May 12, 2016 - Sep 19, 2017	-9.92% May 12, 2026 - Jun 12, 2026
#6	-14.13% Sep 28, 2010 - Sep 9, 2011	-8.24% Apr 18, 2022 - Jun 6, 2022
#7	-13.32% Mar 25, 2025 - Sep 19, 2025	-7.69% Jan 29, 2026 - Mar 4, 2026
#8	-13.25% Nov 12, 1999 - Jul 5, 2000	-6.50% Jul 29, 2021 - Sep 13, 2021
#9	-12.46% May 10, 2007 - May 30, 2008	-5.81% Jan 26, 2018 - May 21, 2018
#10	-11.92% Aug 24, 2001 - Jun 13, 2003	-5.75% May 24, 2017 - Jul 28, 2017
#11	-10.85% Mar 23, 2004 - May 26, 2005	-5.49% Jun 10, 2021 - Jul 2, 2021
#12	-9.99% Sep 19, 2017 - May 23, 2019	-5.26% Nov 6, 2017 - Jan 2, 2018
#13	-9.96% Sep 19, 2025 - Mar 27, 2026	-5.06% Mar 18, 2026 - Mar 31, 2026
#14	-9.23% Feb 27, 2012 - May 1, 2012	-4.38% Apr 6, 2026 - Apr 28, 2026
#15	-8.80% Jul 1, 2021 - Oct 25, 2021	-3.76% May 11, 2021 - Jun 1, 2021

Correlation

Correlation between MHF and COMB is 0.59 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.59

-101

Dividend Comparison (1999 - 2026)

MHF vs COMB dividend yield comparison.

Year	MHF	COMB
2026	2.46%	0.00%
2025	5.93%	9.05%
2024	5.65%	2.48%
2023	3.78%	6.57%
2022	3.72%	30.85%
2021	3.23%	15.83%
2020	3.75%	0.07%
2019	4.02%	1.48%
2018	4.42%	0.97%
2017	4.14%	0.20%
2016	4.53%	0.00%
2015	4.45%	0.00%
2014	4.73%	0.00%
2013	5.59%	0.00%
2012	5.13%	0.00%
2011	5.57%	0.00%
2010	6.14%	0.00%
2009	5.98%	0.00%
2008	6.66%	0.00%
2007	5.66%	0.00%
2006	4.92%	0.00%
2005	6.10%	0.00%
2004	7.38%	0.00%
2003	7.22%	0.00%
2002	7.46%	0.00%
2001	7.17%	0.00%
2000	7.16%	0.00%
1999	1.34%	0.00%