MUA vs IBTM

Comparison between BlackRock Muniassets Fund Inc (MUA, ETF) and ISHARES IBONDS DEC 2032 TERM TREASURY ETF (IBTM, ETF).

MUA vs IBTM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MUA(ETF)	IBTM(ETF)
Net Assets	$558M	$558M
Expense Ratio	N/A	0.07%
Max Drawdown	50.06%	16.81%
Sharpe Ratio	-0.23	-0.55
5Y Beta	0.30	-0.01
5Y Dividends CAGR	2.69%	N/A

Net Assets

MUA

$558M

IBTM

$558M

Expense Ratio

MUA

N/A

IBTM

0.07%

Max Drawdown

MUA

50.06%

Winner

IBTM

16.81%

Sharpe Ratio

Winner

MUA

-0.23

IBTM

-0.55

5Y Beta

MUA

0.30

Winner

IBTM

-0.01

5Y Dividends CAGR

MUA

2.69%

IBTM

N/A

MUA vs IBTM - Historical Returns

Returns include dividend reinvestment.

Period	MUA	IBTM
1 month	-3.98%	+0.81%
3 months	-4.89%	+0.40%
6 months	-6.48%	-1.42%
1 year	+0.68%	+1.84%
5 years(CAGR)	-3.47%	+1.50%
10 years(CAGR)	+0.86%	N/A
Max(CAGR)	+5.26%	+1.50%

MUA

-3.98%

Winner

IBTM

+0.81%

MUA

-4.89%

Winner

IBTM

+0.40%

MUA

-6.48%

Winner

IBTM

-1.42%

MUA

+0.68%

Winner

IBTM

+1.84%

5Y(CAGR)

MUA

-3.47%

Winner

IBTM

+1.50%

10Y(CAGR)

MUA

+0.86%

IBTM

N/A

Max(CAGR)

Winner

MUA

+5.26%

IBTM

+1.50%

MUA vs IBTM - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	MUA	IBTM
2026	-2.53%	-0.08%
2025	+1.85%	+7.99%
2024	+7.82%	+0.25%
2023	+2.51%	+2.94%
2022	-22.70%	-4.63%
2021	+5.79%	N/A
2020	+0.79%	N/A
2019	+20.17%	N/A
2018	-9.56%	N/A
2017	+16.03%	N/A
2016	-0.55%	N/A
2015	+9.17%	N/A
2014	+26.85%	N/A
2013	-14.06%	N/A
2012	+17.94%	N/A
2011	+14.51%	N/A
2010	+1.74%	N/A
2009	+43.10%	N/A
2008	-27.76%	N/A
2007	-12.40%	N/A
2006	+18.85%	N/A
2005	+18.85%	N/A
2004	+16.12%	N/A
2003	+4.66%	N/A
2002	+9.73%	N/A
2001	-3.63%	N/A
2000	+16.97%	N/A
1999	-5.42%	N/A

MUA vs IBTM Drawdown Comparison

The maximum drawdown for MUA was -43.01%, occurring on Oct 23, 2023. This drawdown has not yet recovered.

The maximum drawdown for IBTM was -13.59%, occurring on Oct 19, 2023. Recovery took 753 trading sessions.

The current MUA drawdown is -22.54%. The current IBTM drawdown is -2.01%.

Rank	MUA	IBTM
#1	-43.01% Jun 15, 2021 - Oct 23, 2023	-13.59% Aug 1, 2022 - Aug 1, 2025
#2	-41.80% May 2, 2007 - Jul 2, 2010	-3.26% Feb 27, 2026 - May 19, 2026
#3	-36.19% Feb 10, 2020 - Feb 8, 2021	-1.12% Nov 26, 2025 - Feb 10, 2026
#4	-20.12% Jan 24, 2013 - Sep 2, 2014	-1.07% Oct 21, 2025 - Nov 24, 2025
#5	-16.95% Oct 13, 2017 - Mar 26, 2019	-1.05% Jul 13, 2022 - Jul 22, 2022
#6	-15.30% Jul 12, 2016 - Jul 11, 2017	-0.97% Sep 11, 2025 - Oct 13, 2025
#7	-14.32% Oct 1, 2010 - Dec 8, 2011	-0.54% Aug 4, 2025 - Aug 22, 2025
#8	-14.20% Aug 30, 2001 - Apr 15, 2003	-0.40% Jul 22, 2022 - Jul 28, 2022
#9	-12.88% Feb 17, 2004 - Sep 13, 2004	-0.24% Aug 29, 2025 - Sep 3, 2025
#10	-10.26% Feb 11, 2021 - May 24, 2021	-0.22% Feb 10, 2026 - Feb 12, 2026
#11	-9.51% Nov 5, 1999 - Aug 18, 2000	-0.21% Feb 13, 2026 - Feb 23, 2026
#12	-9.03% May 8, 2003 - Jan 21, 2004	-0.21% Oct 16, 2025 - Oct 21, 2025
#13	-7.51% Nov 6, 2019 - Jan 22, 2020	-0.19% Sep 8, 2025 - Sep 11, 2025
#14	-7.03% Mar 8, 2012 - Apr 24, 2012	-0.17% Aug 22, 2025 - Aug 26, 2025
#15	-7.02% Feb 7, 2005 - Apr 27, 2005	-0.13% Feb 23, 2026 - Feb 26, 2026

Correlation

Correlation between MUA and IBTM is 0.79 which considered as a strong positive correlation - the stocks tend to move together.

0.79

-101

Dividend Comparison (2000 - 2026)

MUA vs IBTM dividend yield comparison.

Year	MUA	IBTM
2026	4.44%	2.30%
2025	6.22%	3.87%
2024	6.03%	3.96%
2023	4.84%	3.39%
2022	6.72%	1.38%
2021	5.06%	0.00%
2020	4.35%	0.00%
2019	4.37%	0.00%
2018	5.12%	0.00%
2017	4.61%	0.00%
2016	5.24%	0.00%
2015	5.25%	0.00%
2014	5.50%	0.00%
2013	6.53%	0.00%
2012	5.58%	0.00%
2011	6.01%	0.00%
2010	6.63%	0.00%
2009	6.78%	0.00%
2008	9.34%	0.00%
2007	6.57%	0.00%
2006	5.38%	0.00%
2005	5.96%	0.00%
2004	6.33%	0.00%
2003	6.83%	0.00%
2002	6.73%	0.00%
2001	7.11%	0.00%
2000	2.73%	0.00%