MMD vs EOD

Comparison between MainStay MacKay DefinedTerm Municipal Opportunities Fund (MMD, ETF) and Allspring Global Dividend Opportunity Fund (EOD, ETF).

5-Year PerformanceEOD has outperformed MMD, delivering a return of +12.3% compared to -2.3%

MMD vs EOD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MMD(ETF)	EOD(ETF)
Net Assets	$308M	$307M
Max Drawdown	39.44%	85.56%
Sharpe Ratio	0.80	1.72
5Y Beta	0.16	0.79
5Y Dividends CAGR	-5.85%	-0.07%

Net Assets

Winner

MMD

$308M

EOD

$307M

Max Drawdown

Winner

MMD

39.44%

EOD

85.56%

Sharpe Ratio

MMD

0.80

Winner

EOD

1.72

5Y Beta

Winner

MMD

0.16

EOD

0.79

5Y Dividends CAGR

MMD

-5.85%

Winner

EOD

-0.07%

MMD vs EOD - Historical Returns

Returns include dividend reinvestment.

Period	MMD	EOD
1 month	+2.70%	+3.34%
3 months	+3.28%	+10.42%
6 months	+6.07%	+15.85%
1 year	+10.73%	+34.48%
5 years(CAGR)	-2.26%	+12.33%
10 years(CAGR)	+2.39%	+11.99%
Max(CAGR)	+3.84%	+5.48%

MMD

+2.70%

Winner

EOD

+3.34%

MMD

+3.28%

Winner

EOD

+10.42%

MMD

+6.07%

Winner

EOD

+15.85%

MMD

+10.73%

Winner

EOD

+34.48%

5Y(CAGR)

MMD

-2.26%

Winner

EOD

+12.33%

10Y(CAGR)

MMD

+2.39%

Winner

EOD

+11.99%

Max(CAGR)

MMD

+3.84%

Winner

EOD

+5.48%

MMD vs EOD - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	MMD	EOD
2026	+5.72%	+15.26%
2025	+3.28%	+33.04%
2024	-4.81%	+26.10%
2023	+4.24%	+6.80%
2022	-20.66%	-17.97%
2021	+4.65%	+33.42%
2020	+8.58%	-2.48%
2019	+12.10%	+31.67%
2018	+3.95%	-12.65%
2017	+13.82%	+17.49%
2016	+2.65%	+2.32%
2015	+9.39%	-11.39%
2014	+20.47%	+14.11%
2013	-17.78%	+4.68%
2012	+4.83%	+10.68%
2011	N/A	-10.54%
2010	N/A	+2.93%
2009	N/A	+19.07%
2008	N/A	-35.66%
2007	N/A	-5.38%

MMD vs EOD Drawdown Comparison

The maximum drawdown for MMD was -30.12%, occurring on Oct 27, 2023. This drawdown has not yet recovered.

The maximum drawdown for EOD was -56.78%, occurring on Mar 9, 2009. Recovery took 1759 trading sessions.

The current MMD drawdown is -15.02%. The current EOD drawdown is -1.74%.

Rank	MMD	EOD
#1	-30.12% Aug 9, 2021 - Oct 27, 2023	-56.78% Jun 4, 2007 - May 29, 2014
#2	-25.16% Jan 11, 2013 - Oct 17, 2014	-46.80% Feb 20, 2020 - Feb 9, 2021
#3	-24.57% Feb 13, 2020 - Dec 2, 2020	-29.81% Jul 24, 2014 - Aug 7, 2017
#4	-11.66% Jul 7, 2016 - May 31, 2017	-25.53% Dec 29, 2021 - Mar 28, 2024
#5	-8.45% Apr 23, 2015 - Nov 23, 2015	-17.31% Sep 12, 2017 - May 15, 2019
#6	-6.58% Dec 14, 2017 - Jul 16, 2018	-13.46% Feb 18, 2025 - May 12, 2025
#7	-6.20% Dec 12, 2012 - Jan 11, 2013	-10.12% Jul 16, 2024 - Sep 23, 2024
#8	-5.57% Sep 10, 2018 - Dec 14, 2018	-9.61% Feb 27, 2026 - Apr 8, 2026
#9	-5.40% Feb 9, 2021 - Apr 13, 2021	-7.92% Mar 28, 2024 - May 15, 2024
#10	-5.09% Sep 15, 2017 - Dec 7, 2017	-7.04% Sep 3, 2021 - Nov 8, 2021
#11	-3.90% Feb 5, 2015 - Apr 14, 2015	-5.65% May 21, 2019 - Jul 3, 2019
#12	-3.56% Dec 14, 2018 - Feb 7, 2019	-5.00% May 7, 2021 - May 25, 2021
#13	-3.54% May 11, 2016 - Jun 22, 2016	-4.56% Oct 11, 2024 - Dec 4, 2024
#14	-3.54% May 27, 2021 - Jul 28, 2021	-4.20% Dec 9, 2024 - Dec 26, 2024
#15	-3.28% Nov 11, 2014 - Dec 30, 2014	-4.12% Nov 11, 2025 - Nov 26, 2025

Correlation

Correlation between MMD and EOD is 0.57 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.57

-101

Dividend Comparison (2007 - 2026)

MMD vs EOD dividend yield comparison.

Year	MMD	EOD
2026	2.58%	4.31%
2025	4.84%	8.73%
2024	4.82%	9.16%
2023	5.26%	9.98%
2022	6.35%	11.80%
2021	4.68%	8.76%
2020	4.68%	11.41%
2019	4.85%	10.36%
2018	5.38%	13.84%
2017	5.45%	10.56%
2016	6.16%	9.91%
2015	6.25%	12.16%
2014	6.39%	9.61%
2013	9.50%	11.17%
2012	2.86%	13.87%
2011	0.00%	14.76%
2010	0.00%	11.73%
2009	0.00%	15.23%
2008	0.00%	20.96%
2007	0.00%	8.59%