MIY vs IAK

Comparison between BlackRock MuniYield Michigan Quality Fund Inc (MIY, ETF) and ISHARES U.S. INSURANCE ETF (IAK, ETF).

5-Year PerformanceIAK has outperformed MIY, delivering a return of +13.3% compared to -0.1%

MIY vs IAK - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MIY(ETF)	IAK(ETF)
Net Assets	$359M	$360M
Expense Ratio	N/A	0.38%
Max Drawdown	50.82%	78.02%
Sharpe Ratio	1.01	0.20
5Y Beta	0.14	0.46
P/E Ratio	N/A	10.59
Forward P/E	N/A	10.90
5Y Dividends CAGR	-0.09%	17.28%
5Y EPS CAGR	N/A	17.51%
Debt to Equity	N/A	13.84%
P/S Ratio	N/A	1.17
P/B Ratio	N/A	1.71

Net Assets

MIY

$359M

Winner

IAK

$360M

Expense Ratio

MIY

N/A

IAK

0.38%

Max Drawdown

Winner

MIY

50.82%

IAK

78.02%

Sharpe Ratio

Winner

MIY

1.01

IAK

0.20

5Y Beta

Winner

MIY

0.14

IAK

0.46

P/E Ratio

MIY

N/A

IAK

10.59

Forward P/E

MIY

N/A

IAK

10.90

5Y Dividends CAGR

MIY

-0.09%

Winner

IAK

17.28%

5Y EPS CAGR

MIY

N/A

IAK

17.51%

Debt to Equity

MIY

N/A

IAK

13.84%

P/S Ratio

MIY

N/A

IAK

1.17

P/B Ratio

MIY

N/A

IAK

1.71

MIY vs IAK - Historical Returns

Returns include dividend reinvestment.

Period	MIY	IAK
1 month	+1.71%	+2.58%
3 months	-0.77%	+4.40%
6 months	+6.64%	-0.35%
1 year	+15.47%	+4.67%
5 years(CAGR)	-0.08%	+13.33%
10 years(CAGR)	+2.49%	+12.71%
Max(CAGR)	+5.54%	+6.97%

MIY

+1.71%

Winner

IAK

+2.58%

MIY

-0.77%

Winner

IAK

+4.40%

Winner

MIY

+6.64%

IAK

-0.35%

Winner

MIY

+15.47%

IAK

+4.67%

5Y(CAGR)

MIY

-0.08%

Winner

IAK

+13.33%

10Y(CAGR)

MIY

+2.49%

Winner

IAK

+12.71%

Max(CAGR)

MIY

+5.54%

Winner

IAK

+6.97%

MIY vs IAK - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	MIY	IAK
2026	+6.15%	+1.82%
2025	+9.85%	+10.18%
2024	+2.85%	+26.86%
2023	+4.79%	+11.32%
2022	-23.78%	+11.43%
2021	+9.95%	+29.77%
2020	+7.48%	-3.63%
2019	+17.81%	+26.33%
2018	-6.04%	-10.35%
2017	+8.69%	+13.97%
2016	+2.26%	+21.48%
2015	+5.94%	+4.29%
2014	+17.64%	+8.92%
2013	-16.80%	+41.70%
2012	+7.93%	+16.16%
2011	+25.37%	-9.14%
2010	+10.33%	+18.03%
2009	+40.58%	+12.63%
2008	-24.58%	-50.01%
2007	-3.81%	-7.80%
2006	-3.30%	+8.66%
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 IAK Drawdown Comparison

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

The maximum drawdown for IAK was -77.37%, occurring on Mar 9, 2009. Recovery took 1914 trading sessions.

The current MIY drawdown is -3.84%. The current IAK drawdown is -0.35%.

Rank	MIY	IAK
#1	-42.18% Feb 12, 2008 - Sep 3, 2009	-77.37% May 22, 2007 - Dec 29, 2014
#2	-34.58% Aug 2, 2021 - Mar 4, 2026	-44.95% Feb 11, 2020 - Mar 8, 2021
#3	-25.81% Jan 23, 2013 - Jan 4, 2016	-20.30% Jan 26, 2018 - Apr 30, 2019
#4	-24.40% Mar 4, 2020 - Aug 6, 2020	-16.97% Dec 1, 2015 - Aug 29, 2016
#5	-17.37% Aug 31, 2010 - Sep 29, 2011	-14.74% Apr 20, 2022 - Nov 10, 2022
#6	-13.79% Nov 5, 1999 - Dec 18, 2000	-14.38% Feb 13, 2023 - Sep 19, 2023
#7	-12.75% Jul 11, 2016 - Apr 12, 2019	-11.58% Apr 2, 2025 - Dec 15, 2025
#8	-11.86% Mar 24, 2004 - Sep 9, 2004	-11.30% Nov 29, 2024 - Mar 17, 2025
#9	-11.14% Jun 11, 2003 - Jan 7, 2004	-10.64% Aug 17, 2015 - Dec 1, 2015
#10	-10.97% Jan 24, 2006 - Feb 12, 2008	-9.08% Dec 30, 2014 - May 19, 2015
#11	-10.08% Mar 4, 2026 - Apr 7, 2026	-8.71% May 7, 2021 - Aug 25, 2021
#12	-9.04% Feb 10, 2012 - May 24, 2012	-8.55% Aug 2, 2017 - Oct 10, 2017
#13	-8.91% Oct 1, 2002 - Mar 5, 2003	-8.41% Nov 3, 2021 - Jan 4, 2022
#14	-8.41% Nov 28, 2012 - Jan 23, 2013	-7.70% Feb 9, 2022 - Mar 18, 2022
#15	-7.27% Nov 14, 2001 - May 28, 2002	-7.62% Dec 15, 2025 - Mar 27, 2026

Correlation

Correlation between MIY and IAK is 0.77 which considered as a strong positive correlation - the stocks tend to move together.

0.77

-101

Dividend Comparison (2000 - 2026)

MIY vs IAK dividend yield comparison.

Year	MIY	IAK
2026	2.71%	1.77%
2025	5.57%	1.69%
2024	5.21%	1.49%
2023	3.86%	1.44%
2022	5.70%	1.69%
2021	4.38%	2.26%
2020	4.23%	2.07%
2019	4.27%	1.84%
2018	5.27%	2.33%
2017	5.46%	1.62%
2016	5.85%	1.68%
2015	5.66%	1.62%
2014	6.32%	1.57%
2013	7.36%	1.13%
2012	5.87%	1.74%
2011	6.02%	1.51%
2010	6.79%	2.08%
2009	5.87%	1.60%
2008	7.08%	2.46%
2007	5.36%	1.19%
2006	5.54%	0.63%
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%