MIY vs SPXS
Comparison between BlackRock MuniYield Michigan Quality Fund Inc (MIY, ETF) and DIREXION DAILY S&P 500(R) BEAR 3X SHARES (SPXS, ETF).
5-Year PerformanceMIY has outperformed SPXS, delivering a return of +0.4% compared to -32.6%
MIY vs SPXS - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
MIY vs SPXS - Historical Returns
Returns include dividend reinvestment.
MIY vs SPXS - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | MIY | SPXS |
|---|---|---|
| 2026 | +10.80% | -27.96% |
| 2025 | +9.85% | -41.98% |
| 2024 | +2.85% | -43.78% |
| 2023 | +4.79% | -46.63% |
| 2022 | -23.78% | +38.60% |
| 2021 | +9.95% | -59.75% |
| 2020 | +7.48% | -69.64% |
| 2019 | +17.81% | -56.42% |
| 2018 | -6.04% | +5.66% |
| 2017 | +8.69% | -43.20% |
| 2016 | +2.26% | -38.78% |
| 2015 | +5.94% | -18.14% |
| 2014 | +17.64% | -39.64% |
| 2013 | -16.80% | -57.52% |
| 2012 | +7.93% | -39.97% |
| 2011 | +25.37% | -30.76% |
| 2010 | +10.33% | -46.06% |
| 2009 | +40.58% | -67.89% |
| 2008 | -24.58% | -43.19% |
| 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 SPXS Drawdown Comparison
The maximum drawdown for MIY was -42.18%, occurring on Oct 10, 2008. Recovery took 394 trading sessions.
The maximum drawdown for SPXS was -100.00%, occurring on Aug 13, 2026. This drawdown has not yet recovered.
The current MIY drawdown is -0.79%. The current SPXS drawdown is -100.00%.
| Rank | MIY | SPXS |
|---|---|---|
| #1 | -42.18% Feb 12, 2008 - Sep 3, 2009 | -100.00% Nov 20, 2008 - Aug 13, 2026 |
| #2 | -34.58% Aug 2, 2021 - Mar 4, 2026 | N/A |
| #3 | -25.81% Jan 23, 2013 - Jan 4, 2016 | N/A |
| #4 | -24.40% Mar 4, 2020 - Aug 6, 2020 | N/A |
| #5 | -17.37% Aug 31, 2010 - Sep 29, 2011 | N/A |
| #6 | -13.79% Nov 5, 1999 - Dec 18, 2000 | N/A |
| #7 | -12.75% Jul 11, 2016 - Apr 12, 2019 | N/A |
| #8 | -11.86% Mar 24, 2004 - Sep 9, 2004 | N/A |
| #9 | -11.14% Jun 11, 2003 - Jan 7, 2004 | N/A |
| #10 | -10.97% Jan 24, 2006 - Feb 12, 2008 | N/A |
| #11 | -10.08% Mar 4, 2026 - Aug 14, 2026 | N/A |
| #12 | -9.04% Feb 10, 2012 - May 24, 2012 | N/A |
| #13 | -8.91% Oct 1, 2002 - Mar 5, 2003 | N/A |
| #14 | -8.41% Nov 28, 2012 - Jan 23, 2013 | N/A |
| #15 | -7.27% Nov 14, 2001 - May 28, 2002 | N/A |
Correlation
Correlation between MIY and SPXS is -0.65 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.
Dividend Comparison (2000 - 2026)
MIY vs SPXS dividend yield comparison.
| Year | MIY | SPXS |
|---|---|---|
| 2026 | 3.49% | 2.48% |
| 2025 | 5.57% | 4.93% |
| 2024 | 5.21% | 6.18% |
| 2023 | 3.86% | 5.66% |
| 2022 | 5.70% | 0.00% |
| 2021 | 4.38% | 0.00% |
| 2020 | 4.23% | 0.51% |
| 2019 | 4.27% | 1.74% |
| 2018 | 5.27% | 0.58% |
| 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% |
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