MIY vs KTF

Comparison between BlackRock MuniYield Michigan Quality Fund Inc (MIY, ETF) and DWS Municipal Income Trust (KTF, ETF).

5-Year PerformanceMIY has outperformed KTF, delivering a return of +0.4% compared to -0.9%

MIY vs KTF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MIY(ETF)	KTF(ETF)
Net Assets	$352M	$352M
Max Drawdown	50.82%	55.06%
Sharpe Ratio	1.20	0.87
5Y Beta	0.14	0.09
5Y Dividends CAGR	1.21%	9.27%

Net Assets

MIY

$352M

Winner

KTF

$352M

Max Drawdown

Winner

MIY

50.82%

KTF

55.06%

Sharpe Ratio

Winner

MIY

1.20

KTF

0.87

5Y Beta

MIY

0.14

Winner

KTF

0.09

5Y Dividends CAGR

MIY

1.21%

Winner

KTF

9.27%

MIY vs KTF - Historical Returns

Returns include dividend reinvestment.

Period	MIY	KTF
1 month	+2.65%	+0.00%
3 months	+5.47%	+0.67%
6 months	+4.64%	-0.07%
1 year	+18.28%	+10.43%
5 years(CAGR)	+0.40%	-0.85%
10 years(CAGR)	+3.01%	+0.50%
Max(CAGR)	+5.67%	+5.74%

Winner

MIY

+2.65%

KTF

+0.00%

Winner

MIY

+5.47%

KTF

+0.67%

Winner

MIY

+4.64%

KTF

-0.07%

Winner

MIY

+18.28%

KTF

+10.43%

5Y(CAGR)

Winner

MIY

+0.40%

KTF

-0.85%

10Y(CAGR)

Winner

MIY

+3.01%

KTF

+0.50%

Max(CAGR)

MIY

+5.67%

Winner

KTF

+5.74%

MIY vs KTF - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	MIY	KTF
2026	+10.80%	+2.06%
2025	+9.85%	+3.99%
2024	+2.85%	+12.91%
2023	+4.79%	+5.86%
2022	-23.78%	-23.87%
2021	+9.95%	+6.09%
2020	+7.48%	+7.62%
2019	+17.81%	+12.58%
2018	-6.04%	-8.39%
2017	+8.69%	-5.18%
2016	+2.26%	+2.51%
2015	+5.94%	+6.87%
2014	+17.64%	+18.50%
2013	-16.80%	-13.85%
2012	+7.93%	+12.64%
2011	+25.37%	+31.44%
2010	+10.33%	+5.11%
2009	+40.58%	+50.64%
2008	-24.58%	-18.13%
2007	-3.81%	+0.56%
2006	-3.30%	-9.11%
2005	+7.52%	+18.25%
2004	+10.85%	+0.51%
2003	+12.00%	+17.49%
2002	+12.32%	+7.70%
2001	+13.29%	+9.36%
2000	+8.59%	+15.39%
1999	-4.48%	-5.12%

MIY vs KTF Drawdown Comparison

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

The maximum drawdown for KTF was -46.96%, occurring on Dec 16, 2008. Recovery took 885 trading sessions.

The current MIY drawdown is -0.79%. The current KTF drawdown is -5.46%.

Rank	MIY	KTF
#1	-42.18% Feb 12, 2008 - Sep 3, 2009	-46.96% Feb 1, 2006 - Aug 7, 2009
#2	-34.58% Aug 2, 2021 - Mar 4, 2026	-35.40% Jul 28, 2021 - Oct 25, 2023
#3	-25.81% Jan 23, 2013 - Jan 4, 2016	-26.62% Sep 6, 2016 - Jan 28, 2021
#4	-24.40% Mar 4, 2020 - Aug 6, 2020	-22.47% Jan 23, 2013 - Jan 12, 2015
#5	-17.37% Aug 31, 2010 - Sep 29, 2011	-20.35% Sep 30, 2010 - Sep 8, 2011
#6	-13.79% Nov 5, 1999 - Dec 18, 2000	-16.13% Feb 27, 2004 - Aug 26, 2004
#7	-12.75% Jul 11, 2016 - Apr 12, 2019	-14.80% Aug 28, 2000 - Jan 23, 2001
#8	-11.86% Mar 24, 2004 - Sep 9, 2004	-12.45% Nov 4, 1999 - Mar 30, 2000
#9	-11.14% Jun 11, 2003 - Jan 7, 2004	-10.17% Jul 2, 2003 - Dec 22, 2003
#10	-10.97% Jan 24, 2006 - Feb 12, 2008	-9.65% Feb 3, 2015 - Nov 3, 2015
#11	-10.08% Mar 4, 2026 - Aug 14, 2026	-9.44% Nov 13, 2001 - Jun 13, 2002
#12	-9.04% Feb 10, 2012 - May 24, 2012	-8.93% Aug 23, 2001 - Nov 9, 2001
#13	-8.91% Oct 1, 2002 - Mar 5, 2003	-8.58% Aug 1, 2012 - Nov 20, 2012
#14	-8.41% Nov 28, 2012 - Jan 23, 2013	-8.47% Feb 1, 2012 - May 11, 2012
#15	-7.27% Nov 14, 2001 - May 28, 2002	-8.02% Oct 3, 2002 - Feb 11, 2003

Correlation

Correlation between MIY and KTF is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97

-101

Dividend Comparison (1999 - 2026)

MIY vs KTF dividend yield comparison.

Year	MIY	KTF
2026	3.49%	5.56%
2025	5.57%	8.42%
2024	5.21%	6.94%
2023	3.86%	3.51%
2022	5.70%	4.76%
2021	4.38%	4.25%
2020	4.23%	4.36%
2019	4.27%	4.67%
2018	5.27%	6.17%
2017	5.46%	6.44%
2016	5.85%	6.48%
2015	5.66%	6.23%
2014	6.32%	6.40%
2013	7.36%	7.07%
2012	5.87%	5.90%
2011	6.02%	7.17%
2010	6.79%	8.58%
2009	5.87%	7.22%
2008	7.08%	7.45%
2007	5.36%	5.44%
2006	5.54%	5.46%
2005	6.21%	6.28%
2004	6.47%	7.01%
2003	6.54%	6.37%
2002	6.62%	6.50%
2001	5.53%	6.49%
2000	2.55%	7.65%
1999	0.00%	1.41%