MIY vs KF

Comparison between BlackRock MuniYield Michigan Quality Fund Inc (MIY, ETF) and Korea Fund Inc (KF, ETF).

5-Year PerformanceKF has outperformed MIY, delivering a return of +20.7% compared to -0.1%

MIY vs KF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MIY(ETF)	KF(ETF)
Net Assets	$359M	$358M
Max Drawdown	50.82%	96.75%
Sharpe Ratio	1.01	2.58
5Y Beta	0.14	1.04
5Y Dividends CAGR	-0.09%	N/A

Net Assets

Winner

MIY

$359M

$358M

Max Drawdown

Winner

MIY

50.82%

96.75%

Sharpe Ratio

MIY

1.01

Winner

2.58

5Y Beta

Winner

MIY

0.14

1.04

5Y Dividends CAGR

MIY

-0.09%

N/A

MIY vs KF - Historical Returns

Returns include dividend reinvestment.

Period	MIY	KF
1 month	+1.71%	+18.31%
3 months	-0.77%	+59.78%
6 months	+6.64%	+121.93%
1 year	+15.47%	+208.08%
5 years(CAGR)	-0.08%	+20.74%
10 years(CAGR)	+2.49%	+17.42%
Max(CAGR)	+5.54%	+10.51%

MIY

+1.71%

Winner

+18.31%

MIY

-0.77%

Winner

+59.78%

MIY

+6.64%

Winner

+121.93%

MIY

+15.47%

Winner

+208.08%

5Y(CAGR)

MIY

-0.08%

Winner

+20.74%

10Y(CAGR)

MIY

+2.49%

Winner

+17.42%

Max(CAGR)

MIY

+5.54%

Winner

+10.51%

MIY vs KF - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	MIY	KF
2026	+6.15%	+103.25%
2025	+9.85%	+98.86%
2024	+2.85%	-18.51%
2023	+4.79%	+13.32%
2022	-23.78%	-30.31%
2021	+9.95%	+5.95%
2020	+7.48%	+37.37%
2019	+17.81%	+6.79%
2018	-6.04%	-20.45%
2017	+8.69%	+41.29%
2016	+2.26%	+5.01%
2015	+5.94%	-2.76%
2014	+17.64%	-6.13%
2013	-16.80%	-2.46%
2012	+7.93%	+14.16%
2011	+25.37%	-7.85%
2010	+10.33%	+21.04%
2009	+40.58%	+0.12%
2008	-24.58%	-49.41%
2007	-3.81%	+28.77%
2006	-3.30%	+12.17%
2005	+7.52%	+52.23%
2004	+10.85%	+33.44%
2003	+12.00%	+34.28%
2002	+12.32%	+7.69%
2001	+13.29%	+25.42%
2000	+8.59%	-38.22%
1999	-4.48%	+30.51%

MIY vs KF Drawdown Comparison

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

The maximum drawdown for KF was -79.50%, occurring on Mar 2, 2009. Recovery took 3402 trading sessions.

The current MIY drawdown is -3.84%. The current KF drawdown is -1.35%.

Rank	MIY	KF
#1	-42.18% Feb 12, 2008 - Sep 3, 2009	-79.50% Oct 31, 2007 - May 7, 2021
#2	-34.58% Aug 2, 2021 - Mar 4, 2026	-50.16% Jan 3, 2000 - Mar 4, 2002
#3	-25.81% Jan 23, 2013 - Jan 4, 2016	-47.68% Jun 7, 2021 - Oct 2, 2025
#4	-24.40% Mar 4, 2020 - Aug 6, 2020	-35.82% Apr 23, 2002 - Dec 19, 2003
#5	-17.37% Aug 31, 2010 - Sep 29, 2011	-25.42% Feb 26, 2026 - Apr 30, 2026
#6	-13.79% Nov 5, 1999 - Dec 18, 2000	-24.74% Apr 12, 2004 - Nov 15, 2004
#7	-12.75% Jul 11, 2016 - Apr 12, 2019	-24.37% May 8, 2006 - Feb 22, 2007
#8	-11.86% Mar 24, 2004 - Sep 9, 2004	-20.22% Jul 23, 2007 - Sep 26, 2007
#9	-11.14% Jun 11, 2003 - Jan 7, 2004	-16.63% Jun 1, 2026 - Jun 5, 2026
#10	-10.97% Jan 24, 2006 - Feb 12, 2008	-13.70% Mar 14, 2005 - Jul 14, 2005
#11	-10.08% Mar 4, 2026 - Apr 7, 2026	-13.06% Feb 22, 2007 - Apr 23, 2007
#12	-9.04% Feb 10, 2012 - May 24, 2012	-11.49% May 11, 2026 - May 26, 2026
#13	-8.91% Oct 1, 2002 - Mar 5, 2003	-10.90% Nov 3, 2025 - Jan 2, 2026
#14	-8.41% Nov 28, 2012 - Jan 23, 2013	-10.66% Aug 12, 2005 - Sep 15, 2005
#15	-7.27% Nov 14, 2001 - May 28, 2002	-10.23% Oct 4, 2005 - Nov 2, 2005

Correlation

Correlation between MIY and KF is 0.70 which considered as a strong positive correlation - the stocks tend to move together.

0.70

-101

Dividend Comparison (1999 - 2026)

MIY vs KF dividend yield comparison.

Year	MIY	KF
2026	2.71%	0.00%
2025	5.57%	1.20%
2024	5.21%	2.46%
2023	3.86%	0.00%
2022	5.70%	15.93%
2021	4.38%	26.50%
2020	4.23%	1.30%
2019	4.27%	0.24%
2018	5.27%	18.67%
2017	5.46%	9.75%
2016	5.85%	1.03%
2015	5.66%	13.66%
2014	6.32%	0.00%
2013	7.36%	0.00%
2012	5.87%	0.00%
2011	6.02%	15.24%
2010	6.79%	0.68%
2009	5.87%	0.02%
2008	7.08%	262.35%
2007	5.36%	65.67%
2006	5.54%	20.84%
2005	6.21%	2.39%
2004	6.47%	2.70%
2003	6.54%	1.63%
2002	6.62%	6.14%
2001	5.53%	1.04%
2000	2.55%	1.61%
1999	0.00%	2.69%