MUC vs CTA

Comparison between BlackRock MuniHoldings California Quality Fund Inc (MUC, ETF) and SIMPLIFY MANAGED FUTURES STRATEGY ETF (CTA, ETF).

MUC vs CTA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MUC(ETF)	CTA(ETF)
Net Assets	$1.50B	$1.50B
Expense Ratio	N/A	0.75%
Max Drawdown	55.32%	22.46%
Sharpe Ratio	0.80	-0.03
5Y Beta	0.24	-0.10
5Y Dividends CAGR	1.30%	N/A

Net Assets

MUC

$1.50B

CTA

$1.50B

Expense Ratio

MUC

N/A

CTA

0.75%

Max Drawdown

MUC

55.32%

Winner

CTA

22.46%

Sharpe Ratio

Winner

MUC

0.80

CTA

-0.03

5Y Beta

MUC

0.24

Winner

CTA

-0.10

5Y Dividends CAGR

MUC

1.30%

CTA

N/A

MUC vs CTA - Historical Returns

Returns include dividend reinvestment.

Period	MUC	CTA
1 month	-1.98%	-0.12%
3 months	+0.19%	-14.86%
6 months	+1.28%	-5.92%
1 year	+10.28%	-0.48%
5 years(CAGR)	-2.88%	+6.41%
10 years(CAGR)	+0.64%	N/A
Max(CAGR)	+4.96%	+6.41%

MUC

-1.98%

Winner

CTA

-0.12%

Winner

MUC

+0.19%

CTA

-14.86%

Winner

MUC

+1.28%

CTA

-5.92%

Winner

MUC

+10.28%

CTA

-0.48%

5Y(CAGR)

MUC

-2.88%

Winner

CTA

+6.41%

10Y(CAGR)

MUC

+0.64%

CTA

N/A

Max(CAGR)

MUC

+4.96%

Winner

CTA

+6.41%

MUC vs CTA - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	MUC	CTA
2026	+3.73%	-1.52%
2025	+5.06%	+0.56%
2024	-0.22%	+22.54%
2023	+6.36%	-2.92%
2022	-26.65%	+9.54%
2021	+7.66%	N/A
2020	+11.26%	N/A
2019	+15.59%	N/A
2018	-9.31%	N/A
2017	+5.46%	N/A
2016	-0.74%	N/A
2015	+8.38%	N/A
2014	+15.67%	N/A
2013	-15.76%	N/A
2012	+17.11%	N/A
2011	+22.69%	N/A
2010	+10.03%	N/A
2009	+39.89%	N/A
2008	-25.56%	N/A
2007	-6.32%	N/A
2006	-2.10%	N/A
2005	+17.14%	N/A
2004	+4.62%	N/A
2003	+10.98%	N/A
2002	+3.74%	N/A
2001	+17.09%	N/A
2000	+11.28%	N/A
1999	-5.52%	N/A

MUC vs CTA Drawdown Comparison

The maximum drawdown for MUC was -48.88%, occurring on Dec 16, 2008. Recovery took 695 trading sessions.

The maximum drawdown for CTA was -20.79%, occurring on Aug 4, 2026. This drawdown has not yet recovered.

The current MUC drawdown is -16.07%. The current CTA drawdown is -19.48%.

Rank	MUC	CTA
#1	-48.88% Dec 4, 2006 - Sep 9, 2009	-20.79% May 4, 2026 - Aug 4, 2026
#2	-38.29% Nov 9, 2021 - Oct 25, 2023	-18.09% Oct 14, 2022 - Apr 10, 2024
#3	-24.55% Nov 30, 2012 - Nov 2, 2015	-11.23% Feb 19, 2025 - Feb 18, 2026
#4	-23.84% Mar 6, 2020 - Jul 21, 2020	-8.34% May 20, 2024 - Nov 21, 2024
#5	-17.06% Sep 28, 2016 - Aug 7, 2019	-8.33% Apr 6, 2026 - Apr 28, 2026
#6	-16.37% Apr 5, 2000 - Sep 12, 2000	-6.39% Mar 18, 2026 - Apr 2, 2026
#7	-14.63% Aug 31, 2010 - Aug 15, 2011	-5.28% Mar 8, 2022 - Apr 18, 2022
#8	-14.52% Mar 15, 2004 - Sep 20, 2004	-4.17% May 12, 2022 - Jun 30, 2022
#9	-12.60% Nov 17, 1999 - Mar 31, 2000	-4.00% Sep 26, 2022 - Oct 14, 2022
#10	-10.76% May 15, 2006 - Sep 27, 2006	-3.69% Jul 25, 2022 - Aug 31, 2022
#11	-10.65% Oct 8, 2009 - Mar 29, 2010	-3.03% Nov 22, 2024 - Dec 13, 2024
#12	-10.34% Feb 22, 2002 - Jul 9, 2002	-2.97% Sep 1, 2022 - Sep 14, 2022
#13	-8.94% Sep 12, 2000 - Jan 3, 2001	-2.63% Dec 18, 2024 - Jan 10, 2025
#14	-8.34% Jun 16, 2003 - Jan 13, 2004	-2.42% Jul 6, 2022 - Jul 14, 2022
#15	-7.38% Oct 9, 2002 - Apr 25, 2003	-2.35% Apr 26, 2024 - May 13, 2024

Correlation

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

0.57

-101

Dividend Comparison (2000 - 2026)

MUC vs CTA dividend yield comparison.

Year	MUC	CTA
2026	3.50%	3.71%
2025	6.06%	3.19%
2024	5.62%	4.80%
2023	3.84%	7.78%
2022	5.79%	6.58%
2021	4.27%	0.00%
2020	3.96%	0.00%
2019	3.90%	0.00%
2018	4.99%	0.00%
2017	5.14%	0.00%
2016	5.45%	0.00%
2015	5.46%	0.00%
2014	5.85%	0.00%
2013	6.77%	0.00%
2012	5.77%	0.00%
2011	6.16%	0.00%
2010	6.48%	0.00%
2009	5.62%	0.00%
2008	7.13%	0.00%
2007	5.41%	0.00%
2006	5.74%	0.00%
2005	6.08%	0.00%
2004	6.67%	0.00%
2003	6.33%	0.00%
2002	6.46%	0.00%
2001	5.90%	0.00%
2000	2.54%	0.00%