MUC vs ZROZ

Comparison between BlackRock MuniHoldings California Quality Fund Inc (MUC, ETF) and PIMCO 25+ YEAR ZERO COUPON U.S. TREASURY INDEX EXCHANGE-TRADED FUND (ZROZ, ETF).

5-Year PerformanceMUC has outperformed ZROZ, delivering a return of -1.8% compared to -11.4%

MUC vs ZROZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MUC(ETF)	ZROZ(ETF)
Net Assets	$1.40B	$1.40B
Expense Ratio	N/A	0.15%
Max Drawdown	55.32%	67.48%
Sharpe Ratio	0.70	-0.21
5Y Beta	0.23	0.11
5Y Dividends CAGR	1.84%	3.66%

Net Assets

MUC

$1.40B

ZROZ

$1.40B

Expense Ratio

MUC

N/A

ZROZ

0.15%

Max Drawdown

Winner

MUC

55.32%

ZROZ

67.48%

Sharpe Ratio

Winner

MUC

0.70

ZROZ

-0.21

5Y Beta

MUC

0.23

Winner

ZROZ

0.11

5Y Dividends CAGR

MUC

1.84%

Winner

ZROZ

3.66%

MUC vs ZROZ - Historical Returns

Returns include dividend reinvestment.

Period	MUC	ZROZ
1 month	+1.81%	-1.33%
3 months	+0.82%	-0.95%
6 months	+3.41%	-4.75%
1 year	+9.25%	+0.27%
5 years(CAGR)	-1.79%	-11.36%
10 years(CAGR)	+0.74%	-3.79%
Max(CAGR)	+5.00%	+2.14%

Winner

MUC

+1.81%

ZROZ

-1.33%

Winner

MUC

+0.82%

ZROZ

-0.95%

Winner

MUC

+3.41%

ZROZ

-4.75%

Winner

MUC

+9.25%

ZROZ

+0.27%

5Y(CAGR)

Winner

MUC

-1.79%

ZROZ

-11.36%

10Y(CAGR)

Winner

MUC

+0.74%

ZROZ

-3.79%

Max(CAGR)

Winner

MUC

+5.00%

ZROZ

+2.14%

MUC vs ZROZ - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	MUC	ZROZ
2026	+3.63%	-0.16%
2025	+5.06%	-1.87%
2024	-0.22%	-15.03%
2023	+6.36%	-1.52%
2022	-26.65%	-39.26%
2021	+7.66%	-4.79%
2020	+11.26%	+22.56%
2019	+15.59%	+20.05%
2018	-9.31%	-3.51%
2017	+5.46%	+13.87%
2016	-0.74%	-0.31%
2015	+8.38%	-7.39%
2014	+15.67%	+48.29%
2013	-15.76%	-19.11%
2012	+17.11%	+3.51%
2011	+22.69%	+61.75%
2010	+10.03%	+9.96%
2009	+39.89%	-6.29%
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 ZROZ Drawdown Comparison

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

The maximum drawdown for ZROZ was -62.94%, occurring on Oct 19, 2023. This drawdown has not yet recovered.

The current MUC drawdown is -16.15%. The current ZROZ drawdown is -59.76%.

Rank	MUC	ZROZ
#1	-48.88% Dec 4, 2006 - Sep 9, 2009	-62.94% Mar 9, 2020 - Oct 19, 2023
#2	-38.29% Nov 9, 2021 - Oct 25, 2023	-32.29% Jul 25, 2012 - Dec 11, 2014
#3	-24.55% Nov 30, 2012 - Nov 2, 2015	-28.88% Aug 26, 2010 - Aug 10, 2011
#4	-23.84% Mar 6, 2020 - Jul 21, 2020	-25.82% Jan 30, 2015 - Jun 27, 2016
#5	-17.06% Sep 28, 2016 - Aug 7, 2019	-25.21% Jul 8, 2016 - Aug 2, 2019
#6	-16.37% Apr 5, 2000 - Sep 12, 2000	-18.35% Oct 3, 2011 - Dec 19, 2011
#7	-14.63% Aug 31, 2010 - Aug 15, 2011	-17.49% Dec 19, 2011 - May 17, 2012
#8	-14.52% Mar 15, 2004 - Sep 20, 2004	-15.67% Nov 27, 2009 - May 6, 2010
#9	-12.60% Nov 17, 1999 - Mar 31, 2000	-12.23% Aug 28, 2019 - Feb 20, 2020
#10	-10.76% May 15, 2006 - Sep 27, 2006	-9.10% Aug 10, 2011 - Aug 18, 2011
#11	-10.65% Oct 8, 2009 - Mar 29, 2010	-8.29% May 6, 2010 - May 20, 2010
#12	-10.34% Feb 22, 2002 - Jul 9, 2002	-7.85% Sep 22, 2011 - Oct 3, 2011
#13	-8.94% Sep 12, 2000 - Jan 3, 2001	-7.18% Aug 19, 2011 - Sep 2, 2011
#14	-8.34% Jun 16, 2003 - Jan 13, 2004	-7.09% Jun 1, 2012 - Jul 20, 2012
#15	-7.38% Oct 9, 2002 - Apr 25, 2003	-6.88% Jul 1, 2010 - Aug 16, 2010

Correlation

Correlation between MUC and ZROZ is 0.75 which considered as a strong positive correlation - the stocks tend to move together.

0.75

-101

Dividend Comparison (2000 - 2026)

MUC vs ZROZ dividend yield comparison.

Year	MUC	ZROZ
2026	1.97%	1.30%
2025	6.06%	4.96%
2024	5.62%	4.58%
2023	3.84%	3.52%
2022	5.79%	2.76%
2021	4.27%	1.60%
2020	3.96%	1.68%
2019	3.90%	2.22%
2018	4.99%	2.06%
2017	5.14%	2.53%
2016	5.45%	3.00%
2015	5.46%	2.98%
2014	5.85%	2.60%
2013	6.77%	4.28%
2012	5.77%	3.16%
2011	6.16%	2.99%
2010	6.48%	4.55%
2009	5.62%	0.74%
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%