MUSI vs PY

Comparison between AMERICAN CENTURY MULTISECTOR INCOME ETF (MUSI, ETF) and PRINCIPAL VALUE ETF (PY, ETF).

5-Year PerformancePY has outperformed MUSI, delivering a return of +7.5% compared to +2.2%

MUSI vs PY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MUSI(ETF)	PY(ETF)
Net Assets	$221M	$220M
Expense Ratio	0.38%	0.15%
Max Drawdown	19.11%	45.51%
Sharpe Ratio	0.69	0.90
5Y Beta	0.09	0.77
P/E Ratio	N/A	19.65
Forward P/E	N/A	15.35
PEG Ratio	N/A	0.51
5Y Dividends CAGR	N/A	2.26%
5Y EPS CAGR	N/A	12.97%
Debt to Equity	N/A	-4.33%
P/S Ratio	N/A	1.70
P/B Ratio	N/A	3.21

Net Assets

Winner

MUSI

$221M

$220M

Expense Ratio

MUSI

0.38%

Winner

0.15%

Max Drawdown

Winner

MUSI

19.11%

45.51%

Sharpe Ratio

MUSI

0.69

Winner

0.90

5Y Beta

Winner

MUSI

0.09

0.77

P/E Ratio

MUSI

N/A

19.65

Forward P/E

MUSI

N/A

15.35

PEG Ratio

MUSI

N/A

0.51

5Y Dividends CAGR

MUSI

N/A

2.26%

5Y EPS CAGR

MUSI

N/A

12.97%

Debt to Equity

MUSI

N/A

-4.33%

P/S Ratio

MUSI

N/A

1.70

P/B Ratio

MUSI

N/A

3.21

MUSI vs PY - Historical Returns

Returns include dividend reinvestment.

Period	MUSI	PY
1 month	+0.45%	+2.09%
3 months	+0.85%	+6.57%
6 months	+1.43%	+3.78%
1 year	+5.79%	+14.08%
5 years(CAGR)	+2.20%	+7.46%
10 years(CAGR)	N/A	+10.98%
Max(CAGR)	+2.20%	+10.70%

MUSI

+0.45%

Winner

+2.09%

MUSI

+0.85%

Winner

+6.57%

MUSI

+1.43%

Winner

+3.78%

MUSI

+5.79%

Winner

+14.08%

5Y(CAGR)

MUSI

+2.20%

Winner

+7.46%

10Y(CAGR)

MUSI

N/A

+10.98%

Max(CAGR)

MUSI

+2.20%

Winner

+10.70%

MUSI vs PY - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	MUSI	PY
2026	+0.88%	+4.78%
2025	+8.37%	+8.05%
2024	+5.42%	+16.72%
2023	+7.25%	+9.40%
2022	-10.20%	-5.17%
2021	+0.58%	+34.81%
2020	N/A	+2.72%
2019	N/A	+25.50%
2018	N/A	-12.94%
2017	N/A	+19.10%
2016	N/A	+14.28%

MUSI vs PY Drawdown Comparison

The maximum drawdown for MUSI was -13.91%, occurring on Oct 20, 2022. Recovery took 724 trading sessions.

The maximum drawdown for PY was -45.44%, occurring on Mar 23, 2020. Recovery took 223 trading sessions.

The current MUSI drawdown is -0.89%. The current PY drawdown is -0.23%.

Rank	MUSI	PY
#1	-13.91% Sep 15, 2021 - Aug 2, 2024	-45.44% Jan 17, 2020 - Dec 4, 2020
#2	-3.22% Feb 28, 2025 - May 29, 2025	-20.71% Jan 26, 2018 - Nov 5, 2019
#3	-2.78% Feb 27, 2026 - Mar 27, 2026	-17.83% Nov 29, 2024 - Aug 22, 2025
#4	-2.25% Sep 16, 2024 - Feb 20, 2025	-17.72% Jan 14, 2022 - Dec 14, 2023
#5	-0.88% Sep 22, 2025 - Oct 21, 2025	-6.92% May 10, 2021 - Aug 27, 2021
#6	-0.82% Aug 2, 2024 - Aug 14, 2024	-6.46% Nov 12, 2021 - Dec 27, 2021
#7	-0.68% Oct 28, 2025 - Nov 24, 2025	-6.20% Feb 6, 2026 - Apr 30, 2026
#8	-0.64% Nov 26, 2025 - Dec 24, 2025	-6.10% Jul 16, 2024 - Aug 23, 2024
#9	-0.62% Jun 4, 2025 - Jun 20, 2025	-5.67% Mar 28, 2024 - Jul 11, 2024
#10	-0.54% Jun 30, 2025 - Jul 21, 2025	-5.34% Sep 2, 2021 - Oct 15, 2021
#11	-0.50% Jan 14, 2026 - Feb 3, 2026	-4.61% Mar 1, 2017 - Jul 3, 2017
#12	-0.33% Aug 5, 2021 - Aug 26, 2021	-4.47% Oct 27, 2025 - Dec 10, 2025
#13	-0.33% Jul 7, 2021 - Jul 30, 2021	-4.46% Feb 24, 2021 - Mar 8, 2021
#14	-0.32% Aug 14, 2024 - Aug 19, 2024	-4.32% Aug 23, 2016 - Nov 10, 2016
#15	-0.29% Aug 13, 2025 - Aug 22, 2025	-4.26% Apr 19, 2016 - Jun 6, 2016

Correlation

Correlation between MUSI and PY is 0.91 which considered as a very strong positive correlation - the stocks move almost identically together.

0.91

-101

Dividend Comparison (2016 - 2026)

MUSI vs PY dividend yield comparison.

Year	MUSI	PY
2026	2.14%	0.40%
2025	5.74%	2.14%
2024	6.00%	2.22%
2023	5.20%	2.68%
2022	4.02%	3.02%
2021	1.62%	2.83%
2020	0.00%	2.95%
2019	0.00%	2.25%
2018	0.00%	2.34%
2017	0.00%	1.69%
2016	0.00%	1.85%