MUJ vs SPY
Comparison between BlackRock MuniHoldings New Jersey Quality Fund Inc (MUJ, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceSPY has outperformed MUJ, delivering a return of +13.3% compared to +0.1%
MUJ vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
MUJ vs SPY - Historical Returns
Returns include dividend reinvestment.
MUJ vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | MUJ | SPY |
|---|---|---|
| 2026 | +4.89% | +8.26% |
| 2025 | +12.32% | +18.00% |
| 2024 | +1.48% | +25.59% |
| 2023 | +5.81% | +26.72% |
| 2022 | -25.72% | -18.64% |
| 2021 | +16.08% | +30.52% |
| 2020 | +6.09% | +17.28% |
| 2019 | +17.37% | +31.09% |
| 2018 | -8.68% | -5.24% |
| 2017 | +9.28% | +20.78% |
| 2016 | +1.85% | +13.59% |
| 2015 | +5.06% | +1.31% |
| 2014 | +16.91% | +14.56% |
| 2013 | -17.73% | +29.00% |
| 2012 | +12.41% | +14.17% |
| 2011 | +24.95% | +0.85% |
| 2010 | +4.59% | +13.14% |
| 2009 | +37.41% | +22.67% |
| 2008 | -20.84% | -36.25% |
| 2007 | -8.12% | +5.32% |
| 2006 | +2.99% | +13.85% |
| 2005 | +9.77% | +5.32% |
| 2004 | +10.58% | +10.75% |
| 2003 | +10.72% | +24.18% |
| 2002 | +11.02% | -22.42% |
| 2001 | +12.40% | -10.13% |
| 2000 | +6.49% | -8.84% |
| 1999 | -3.69% | +8.61% |
MUJ vs SPY Drawdown Comparison
The maximum drawdown for MUJ was -41.68%, occurring on Oct 10, 2008. Recovery took 584 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current MUJ drawdown is -2.89%. The current SPY drawdown is -2.90%.
| Rank | MUJ | SPY |
|---|---|---|
| #1 | -41.68% May 2, 2007 - Aug 25, 2009 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -32.68% Sep 22, 2021 - Oct 26, 2023 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -26.75% Feb 13, 2020 - Aug 10, 2020 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -22.63% Jan 10, 2013 - Feb 2, 2015 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -16.01% Nov 2, 2010 - Nov 1, 2011 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -15.43% Jul 8, 2016 - Jul 12, 2019 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -15.37% Apr 6, 2000 - Jan 2, 2001 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -13.31% Mar 11, 2004 - Aug 25, 2004 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -12.13% Feb 3, 2015 - Jan 5, 2016 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -12.12% Nov 8, 1999 - Apr 5, 2000 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -11.16% Jun 19, 2003 - Jan 12, 2004 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -9.23% Feb 14, 2005 - May 23, 2005 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -9.13% Sep 30, 2002 - Mar 3, 2003 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -8.76% Dec 14, 2005 - Sep 21, 2006 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -7.69% Mar 13, 2012 - Jul 6, 2012 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between MUJ and SPY is 0.83 which considered as a strong positive correlation - the stocks tend to move together.
Dividend Comparison (1999 - 2026)
MUJ vs SPY dividend yield comparison.
| Year | MUJ | SPY |
|---|---|---|
| 2026 | 2.20% | 0.24% |
| 2025 | 5.45% | 1.07% |
| 2024 | 5.53% | 1.21% |
| 2023 | 4.13% | 1.40% |
| 2022 | 6.40% | 1.65% |
| 2021 | 4.77% | 1.20% |
| 2020 | 4.78% | 1.52% |
| 2019 | 4.03% | 1.75% |
| 2018 | 5.34% | 2.04% |
| 2017 | 5.55% | 1.80% |
| 2016 | 6.01% | 2.03% |
| 2015 | 5.69% | 2.06% |
| 2014 | 6.14% | 1.87% |
| 2013 | 6.81% | 1.81% |
| 2012 | 5.33% | 2.18% |
| 2011 | 5.64% | 2.05% |
| 2010 | 6.46% | 1.80% |
| 2009 | 5.52% | 1.95% |
| 2008 | 6.33% | 3.02% |
| 2007 | 5.41% | 1.85% |
| 2006 | 5.27% | 1.73% |
| 2005 | 6.11% | 1.73% |
| 2004 | 6.27% | 1.82% |
| 2003 | 6.25% | 1.47% |
| 2002 | 6.31% | 1.70% |
| 2001 | 5.87% | 1.25% |
| 2000 | 2.50% | 1.15% |
| 1999 | 0.00% | 0.24% |
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