MIY vs CCNR

Comparison between BlackRock MuniYield Michigan Quality Fund Inc (MIY, ETF) and ALPS | CORECOMMODITY NATURAL RESOURCES ETF (CCNR, ETF).

MIY vs CCNR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MIY(ETF)	CCNR(ETF)
Net Assets	$363M	$364M
Expense Ratio	N/A	0.39%
Max Drawdown	50.82%	21.01%
Sharpe Ratio	1.40	1.99
5Y Beta	0.14	0.75
5Y Dividends CAGR	1.37%	N/A

Net Assets

MIY

$363M

Winner

CCNR

$364M

Expense Ratio

MIY

N/A

CCNR

0.39%

Max Drawdown

MIY

50.82%

Winner

CCNR

21.01%

Sharpe Ratio

MIY

1.40

Winner

CCNR

1.99

5Y Beta

Winner

MIY

0.14

CCNR

0.75

5Y Dividends CAGR

MIY

1.37%

CCNR

N/A

MIY vs CCNR - Historical Returns

Returns include dividend reinvestment.

Period	MIY	CCNR
1 month	+1.68%	-1.41%
3 months	+5.13%	-4.62%
6 months	+4.50%	+3.84%
1 year	+21.07%	+46.30%
5 years(CAGR)	+0.08%	N/A
10 years(CAGR)	+2.68%	N/A
Max(CAGR)	+5.59%	+24.58%

Winner

MIY

+1.68%

CCNR

-1.41%

Winner

MIY

+5.13%

CCNR

-4.62%

Winner

MIY

+4.50%

CCNR

+3.84%

MIY

+21.07%

Winner

CCNR

+46.30%

5Y(CAGR)

MIY

+0.08%

CCNR

N/A

10Y(CAGR)

MIY

+2.68%

CCNR

N/A

Max(CAGR)

MIY

+5.59%

Winner

CCNR

+24.58%

MIY vs CCNR - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	MIY	CCNR
2026	+8.11%	+13.60%
2025	+9.85%	+44.40%
2024	+2.85%	-8.11%
2023	+4.79%	N/A
2022	-23.78%	N/A
2021	+9.95%	N/A
2020	+7.48%	N/A
2019	+17.81%	N/A
2018	-6.04%	N/A
2017	+8.69%	N/A
2016	+2.26%	N/A
2015	+5.94%	N/A
2014	+17.64%	N/A
2013	-16.80%	N/A
2012	+7.93%	N/A
2011	+25.37%	N/A
2010	+10.33%	N/A
2009	+40.58%	N/A
2008	-24.58%	N/A
2007	-3.81%	N/A
2006	-3.30%	N/A
2005	+7.52%	N/A
2004	+10.85%	N/A
2003	+12.00%	N/A
2002	+12.32%	N/A
2001	+13.29%	N/A
2000	+8.59%	N/A
1999	-4.48%	N/A

MIY vs CCNR Drawdown Comparison

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

The maximum drawdown for CCNR was -20.06%, occurring on Apr 8, 2025. Recovery took 167 trading sessions.

The current MIY drawdown is -2.05%. The current CCNR drawdown is -9.86%.

Rank	MIY	CCNR
#1	-42.18% Feb 12, 2008 - Sep 3, 2009	-20.06% Oct 7, 2024 - Jun 9, 2025
#2	-34.58% Aug 2, 2021 - Mar 4, 2026	-12.88% May 13, 2026 - Jul 1, 2026
#3	-25.81% Jan 23, 2013 - Jan 4, 2016	-9.57% Jul 17, 2024 - Oct 4, 2024
#4	-24.40% Mar 4, 2020 - Aug 6, 2020	-6.47% Mar 2, 2026 - Apr 13, 2026
#5	-17.37% Aug 31, 2010 - Sep 29, 2011	-5.75% Nov 12, 2025 - Nov 28, 2025
#6	-13.79% Nov 5, 1999 - Dec 18, 2000	-5.62% Jul 23, 2025 - Aug 22, 2025
#7	-12.75% Jul 11, 2016 - Apr 12, 2019	-4.71% Jun 16, 2025 - Jul 2, 2025
#8	-11.86% Mar 24, 2004 - Sep 9, 2004	-4.31% Oct 8, 2025 - Oct 15, 2025
#9	-11.14% Jun 11, 2003 - Jan 7, 2004	-3.89% Jan 29, 2026 - Feb 9, 2026
#10	-10.97% Jan 24, 2006 - Feb 12, 2008	-3.42% Oct 29, 2025 - Nov 10, 2025
#11	-10.08% Mar 4, 2026 - Apr 7, 2026	-2.97% Dec 11, 2025 - Dec 22, 2025
#12	-9.04% Feb 10, 2012 - May 24, 2012	-2.90% Oct 15, 2025 - Oct 29, 2025
#13	-8.91% Oct 1, 2002 - Mar 5, 2003	-2.64% Jul 11, 2025 - Jul 22, 2025
#14	-8.41% Nov 28, 2012 - Jan 23, 2013	-2.39% Feb 11, 2026 - Feb 20, 2026
#15	-7.27% Nov 14, 2001 - May 28, 2002	-2.26% Apr 13, 2026 - Apr 30, 2026

Correlation

Correlation between MIY and CCNR is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92

-101

Dividend Comparison (2000 - 2026)

MIY vs CCNR dividend yield comparison.

Year	MIY	CCNR
2026	3.11%	0.00%
2025	5.57%	3.48%
2024	5.21%	1.27%
2023	3.86%	0.00%
2022	5.70%	0.00%
2021	4.38%	0.00%
2020	4.23%	0.00%
2019	4.27%	0.00%
2018	5.27%	0.00%
2017	5.46%	0.00%
2016	5.85%	0.00%
2015	5.66%	0.00%
2014	6.32%	0.00%
2013	7.36%	0.00%
2012	5.87%	0.00%
2011	6.02%	0.00%
2010	6.79%	0.00%
2009	5.87%	0.00%
2008	7.08%	0.00%
2007	5.36%	0.00%
2006	5.54%	0.00%
2005	6.21%	0.00%
2004	6.47%	0.00%
2003	6.54%	0.00%
2002	6.62%	0.00%
2001	5.53%	0.00%
2000	2.55%	0.00%