MUA vs VGM

Comparison between BlackRock Muniassets Fund Inc (MUA, ETF) and Invesco Trust for Investment Grade Municipals (VGM, ETF).

5-Year PerformanceVGM has outperformed MUA, delivering a return of -0.7% compared to -3.0%

MUA vs VGM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MUA(ETF)	VGM(ETF)
Net Assets	$564M	$561M
Max Drawdown	50.06%	56.97%
Sharpe Ratio	0.59	0.90
5Y Beta	0.30	0.21
5Y Dividends CAGR	2.47%	4.04%

Net Assets

Winner

MUA

$564M

VGM

$561M

Max Drawdown

Winner

MUA

50.06%

VGM

56.97%

Sharpe Ratio

MUA

0.59

Winner

VGM

0.90

5Y Beta

MUA

0.30

Winner

VGM

0.21

5Y Dividends CAGR

MUA

2.47%

Winner

VGM

4.04%

MUA vs VGM - Historical Returns

Returns include dividend reinvestment.

Period	MUA	VGM
1 month	+1.18%	-2.20%
3 months	-1.31%	-1.45%
6 months	+1.22%	+0.59%
1 year	+10.84%	+13.27%
5 years(CAGR)	-3.04%	-0.67%
10 years(CAGR)	+1.75%	+1.98%
Max(CAGR)	+5.50%	+5.22%

Winner

MUA

+1.18%

VGM

-2.20%

Winner

MUA

-1.31%

VGM

-1.45%

Winner

MUA

+1.22%

VGM

+0.59%

MUA

+10.84%

Winner

VGM

+13.27%

5Y(CAGR)

MUA

-3.04%

Winner

VGM

-0.67%

10Y(CAGR)

MUA

+1.75%

Winner

VGM

+1.98%

Max(CAGR)

Winner

MUA

+5.50%

VGM

+5.22%

MUA vs VGM - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	MUA	VGM
2026	+2.39%	-0.61%
2025	+1.85%	+10.26%
2024	+7.82%	+9.33%
2023	+2.51%	+4.12%
2022	-22.70%	-24.02%
2021	+5.79%	+11.38%
2020	+0.79%	+7.57%
2019	+20.17%	+15.89%
2018	-9.56%	-7.78%
2017	+16.03%	+9.59%
2016	-0.55%	+0.84%
2015	+9.17%	+6.74%
2014	+26.85%	+16.53%
2013	-14.06%	-16.11%
2012	+17.94%	+9.31%
2011	+14.51%	+21.70%
2010	+1.74%	+3.53%
2009	+43.10%	+55.64%
2008	-27.76%	-32.30%
2007	-12.40%	-6.33%
2006	+18.85%	+11.93%
2005	+18.85%	+4.42%
2004	+16.12%	+1.63%
2003	+4.66%	+7.57%
2002	+9.73%	+16.03%
2001	-3.63%	+8.58%
2000	+16.97%	+10.93%
1999	-5.42%	-6.34%

MUA vs VGM 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 VGM was -49.32%, occurring on Dec 16, 2008. Recovery took 581 trading sessions.

The current MUA drawdown is -18.63%. The current VGM drawdown is -6.87%.

Rank	MUA	VGM
#1	-43.01% Jun 15, 2021 - Oct 23, 2023	-49.32% May 16, 2007 - Sep 3, 2009
#2	-41.80% May 2, 2007 - Jul 2, 2010	-36.59% Sep 22, 2021 - Oct 25, 2023
#3	-36.19% Feb 10, 2020 - Feb 8, 2021	-24.75% Feb 11, 2020 - Nov 30, 2020
#4	-20.12% Jan 24, 2013 - Sep 2, 2014	-23.11% Jan 25, 2013 - Feb 2, 2015
#5	-16.95% Oct 13, 2017 - Mar 26, 2019	-17.26% Nov 5, 2010 - Sep 7, 2011
#6	-15.30% Jul 12, 2016 - Jul 11, 2017	-15.75% Mar 11, 2004 - Aug 25, 2005
#7	-14.32% Oct 1, 2010 - Dec 8, 2011	-15.16% Jul 8, 2016 - Jun 28, 2019
#8	-14.20% Aug 30, 2001 - Apr 15, 2003	-12.53% Nov 5, 1999 - Aug 21, 2000
#9	-12.88% Feb 17, 2004 - Sep 13, 2004	-10.76% Oct 6, 2009 - Mar 8, 2010
#10	-10.26% Feb 11, 2021 - May 24, 2021	-10.20% Jun 16, 2003 - Jan 14, 2004
#11	-9.51% Nov 5, 1999 - Aug 18, 2000	-9.87% Sep 30, 2002 - Apr 10, 2003
#12	-9.03% May 8, 2003 - Jan 21, 2004	-7.48% Feb 2, 2015 - Nov 23, 2015
#13	-7.51% Nov 6, 2019 - Jan 22, 2020	-7.01% Nov 13, 2001 - Jan 18, 2002
#14	-7.03% Mar 8, 2012 - Apr 24, 2012	-6.40% Sep 27, 2012 - Jan 25, 2013
#15	-7.02% Feb 7, 2005 - Apr 27, 2005	-6.33% Aug 21, 2000 - Dec 28, 2000

Correlation

Correlation between MUA and VGM is 0.99 which considered as a very strong positive correlation - the stocks move almost identically together.

0.99

-101

Dividend Comparison (2000 - 2026)

MUA vs VGM dividend yield comparison.

Year	MUA	VGM
2026	2.60%	3.22%
2025	6.22%	7.48%
2024	6.03%	6.35%
2023	4.84%	4.42%
2022	6.72%	5.67%
2021	5.06%	4.65%
2020	4.35%	4.65%
2019	4.37%	4.82%
2018	5.12%	5.97%
2017	4.61%	5.79%
2016	5.24%	6.50%
2015	5.25%	6.62%
2014	5.50%	6.64%
2013	6.53%	7.68%
2012	5.58%	6.91%
2011	6.01%	7.05%
2010	6.63%	7.91%
2009	6.78%	6.61%
2008	9.34%	9.50%
2007	6.57%	5.80%
2006	5.38%	5.33%
2005	5.96%	7.95%
2004	6.33%	6.67%
2003	6.83%	7.36%
2002	6.73%	8.71%
2001	7.11%	7.55%
2000	2.73%	2.67%