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MUST vs MMU

Comparison between COLUMBIA MULTI-SECTOR MUNICIPAL INCOME ETF (MUST, ETF) and Western Asset Managed Municipals Fund Inc (MMU, ETF).

5-Year PerformanceMUST has outperformed MMU, delivering a return of +0.7% compared to -0.3%

MUST vs MMU - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
MUST
$599M
Winner
MMU
$600M
Expense Ratio
MUST
0.23%
MMU
N/A
Max Drawdown
Winner
MUST
15.75%
MMU
46.70%
Sharpe Ratio
MUST
0.57
Winner
MMU
0.82
5Y Beta
Winner
MUST
0.06
MMU
0.18
5Y Dividends CAGR
Winner
MUST
7.39%
MMU
5.88%

MUST vs MMU - Historical Returns

Returns include dividend reinvestment.

1M
MUST
+0.49%
Winner
MMU
+1.23%
3M
Winner
MUST
+0.46%
MMU
-0.51%
6M
MUST
+1.50%
Winner
MMU
+1.64%
1Y
MUST
+6.46%
Winner
MMU
+10.04%
5Y(CAGR)
Winner
MUST
+0.65%
MMU
-0.31%
10Y(CAGR)
MUST
N/A
MMU
+1.28%
Max(CAGR)
MUST
+2.94%
Winner
MMU
+5.88%

MUST vs MMU - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

YearMUSTMMU
2026+1.01%+0.91%
2025+4.61%+6.96%
2024+0.64%+5.34%
2023+6.28%+4.91%
2022-8.79%-19.58%
2021+2.24%+6.24%
2020+6.72%+0.29%
2019+8.51%+5.60%
2018+2.72%-4.82%
2017N/A+8.30%
2016N/A+1.72%
2015N/A+10.34%
2014N/A+18.47%
2013N/A-11.35%
2012N/A+14.07%
2011N/A+20.27%
2010N/A+3.61%
2009N/A+37.35%
2008N/A-9.63%
2007N/A+3.15%
2006N/A+10.06%
2005N/A+3.14%
2004N/A+0.27%
2003N/A+14.43%
2002N/A+8.40%
2001N/A+7.38%
2000N/A+16.78%
1999N/A-6.08%

MUST vs MMU Drawdown Comparison

The maximum drawdown for MUST was -13.83%, occurring on Oct 31, 2022. Recovery took 1035 trading sessions.

The maximum drawdown for MMU was -34.50%, occurring on Mar 18, 2020. This drawdown has not yet recovered.

The current MUST drawdown is -1.33%. The current MMU drawdown is -6.04%.

RankMUSTMMU
#1-13.83%
Aug 3, 2021 - Sep 17, 2025
-34.50%
Aug 8, 2019 - Mar 18, 2020
#2-12.86%
Mar 9, 2020 - Jul 31, 2020
-32.11%
May 28, 2008 - Apr 21, 2009
#3-3.01%
Feb 23, 2026 - Mar 27, 2026
-26.42%
Nov 26, 2012 - Mar 4, 2015
#4-2.29%
Feb 12, 2021 - Jun 1, 2021
-16.43%
Dec 20, 2017 - Feb 26, 2019
#5-1.64%
Sep 4, 2019 - Jan 6, 2020
-14.63%
Aug 23, 2016 - Dec 20, 2017
#6-1.31%
Aug 10, 2020 - Nov 19, 2020
-13.52%
Sep 10, 2010 - Sep 7, 2011
#7-0.92%
Oct 13, 2025 - Oct 20, 2025
-12.27%
Mar 8, 2004 - Nov 26, 2004
#8-0.84%
Dec 24, 2018 - Jan 4, 2019
-9.50%
Feb 9, 2012 - May 3, 2012
#9-0.82%
Sep 17, 2025 - Oct 13, 2025
-8.49%
Nov 16, 1999 - Jun 22, 2000
#10-0.79%
Oct 26, 2018 - Dec 3, 2018
-7.74%
Oct 6, 2009 - Jan 14, 2010
#11-0.77%
Jan 12, 2026 - Jan 30, 2026
-7.60%
Apr 24, 2015 - Jul 29, 2015
#12-0.70%
Nov 28, 2025 - Dec 26, 2025
-7.25%
Sep 7, 2001 - Nov 7, 2001
#13-0.67%
Feb 26, 2019 - Mar 18, 2019
-7.17%
Jul 27, 2012 - Sep 21, 2012
#14-0.66%
Jun 9, 2021 - Jul 8, 2021
-7.06%
May 14, 2007 - Jan 3, 2008
#15-0.64%
Mar 27, 2019 - Apr 10, 2019
-6.87%
Oct 2, 2002 - May 14, 2003

Correlation

Correlation between MUST and MMU is 0.69 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.69
-101

Dividend Comparison (1999 - 2026)

MUST vs MMU dividend yield comparison.

YearMUSTMMU
20261.40%2.65%
20253.28%6.26%
20243.13%6.16%
20232.51%4.36%
20221.76%4.65%
20211.62%3.88%
20202.33%4.21%
20192.70%4.96%
20180.55%5.68%
20170.00%5.37%
20160.00%5.67%
20150.00%5.50%
20140.00%5.74%
20130.00%6.39%
20120.00%5.43%
20110.00%5.82%
20100.00%6.40%
20090.00%5.29%
20080.00%5.79%
20070.00%4.97%
20060.00%5.16%
20050.00%5.54%
20040.00%6.35%
20030.00%6.10%
20020.00%5.87%
20010.00%5.77%
20000.00%6.04%
19990.00%1.10%

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