MYI vs CTA

Comparison between BlackRock MuniYield Quality Fund III Inc (MYI, ETF) and SIMPLIFY MANAGED FUTURES STRATEGY ETF (CTA, ETF).

MYI vs CTA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MYI(ETF)	CTA(ETF)
Net Assets	$1.50B	$1.50B
Expense Ratio	N/A	0.75%
Max Drawdown	52.36%	22.46%
Sharpe Ratio	0.59	0.04
5Y Beta	0.25	-0.10
5Y Dividends CAGR	3.62%	N/A

Net Assets

MYI

$1.50B

CTA

$1.50B

Expense Ratio

MYI

N/A

CTA

0.75%

Max Drawdown

MYI

52.36%

Winner

CTA

22.46%

Sharpe Ratio

Winner

MYI

0.59

CTA

0.04

5Y Beta

MYI

0.25

Winner

CTA

-0.10

5Y Dividends CAGR

MYI

3.62%

CTA

N/A

MYI vs CTA - Historical Returns

Returns include dividend reinvestment.

Period	MYI	CTA
1 month	-2.22%	+0.46%
3 months	-0.68%	-14.23%
6 months	-0.48%	-5.23%
1 year	+8.68%	+1.52%
5 years(CAGR)	-1.35%	+6.59%
10 years(CAGR)	+1.37%	N/A
Max(CAGR)	+5.11%	+6.59%

MYI

-2.22%

Winner

CTA

+0.46%

Winner

MYI

-0.68%

CTA

-14.23%

Winner

MYI

-0.48%

CTA

-5.23%

Winner

MYI

+8.68%

CTA

+1.52%

5Y(CAGR)

MYI

-1.35%

Winner

CTA

+6.59%

10Y(CAGR)

MYI

+1.37%

CTA

N/A

Max(CAGR)

MYI

+5.11%

Winner

CTA

+6.59%

MYI vs CTA - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	MYI	CTA
2026	+2.36%	-0.79%
2025	+3.97%	+0.56%
2024	+0.99%	+22.54%
2023	+9.74%	-2.92%
2022	-20.19%	+9.54%
2021	+7.51%	N/A
2020	+11.67%	N/A
2019	+15.59%	N/A
2018	-8.28%	N/A
2017	+6.73%	N/A
2016	-2.32%	N/A
2015	+10.06%	N/A
2014	+17.90%	N/A
2013	-14.78%	N/A
2012	+14.67%	N/A
2011	+22.58%	N/A
2010	+7.25%	N/A
2009	+37.16%	N/A
2008	-25.84%	N/A
2007	-5.26%	N/A
2006	-1.25%	N/A
2005	+14.98%	N/A
2004	+3.56%	N/A
2003	+9.64%	N/A
2002	+6.03%	N/A
2001	+10.19%	N/A
2000	+17.18%	N/A
1999	-8.31%	N/A

MYI vs CTA Drawdown Comparison

The maximum drawdown for MYI was -43.85%, occurring on Oct 10, 2008. Recovery took 590 trading sessions.

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

The current MYI drawdown is -7.37%. The current CTA drawdown is -18.89%.

Rank	MYI	CTA
#1	-43.85% May 4, 2007 - Sep 4, 2009	-20.79% May 4, 2026 - Aug 4, 2026
#2	-31.84% Aug 25, 2021 - Oct 23, 2023	-18.09% Oct 14, 2022 - Apr 10, 2024
#3	-25.92% Mar 6, 2020 - Dec 2, 2020	-11.23% Feb 19, 2025 - Feb 18, 2026
#4	-22.90% Dec 6, 2012 - Jan 6, 2015	-8.34% May 20, 2024 - Nov 21, 2024
#5	-18.95% Aug 24, 2010 - Nov 11, 2011	-8.33% Apr 6, 2026 - Apr 28, 2026
#6	-17.48% Aug 12, 2016 - Aug 12, 2019	-6.39% Mar 18, 2026 - Apr 2, 2026
#7	-15.13% Mar 24, 2004 - Jan 25, 2005	-5.28% Mar 8, 2022 - Apr 18, 2022
#8	-11.15% Jan 6, 2006 - Dec 1, 2006	-4.17% May 12, 2022 - Jun 30, 2022
#9	-11.13% Nov 5, 1999 - Aug 11, 2000	-4.00% Sep 26, 2022 - Oct 14, 2022
#10	-10.69% Oct 9, 2002 - Apr 29, 2003	-3.69% Jul 25, 2022 - Aug 31, 2022
#11	-10.63% Nov 13, 2001 - Jul 5, 2002	-3.03% Nov 22, 2024 - Dec 13, 2024
#12	-9.70% Sep 6, 2005 - Dec 29, 2005	-2.97% Sep 1, 2022 - Sep 14, 2022
#13	-8.39% Jun 16, 2003 - Jan 12, 2004	-2.63% Dec 18, 2024 - Jan 10, 2025
#14	-8.25% Oct 8, 2009 - Feb 8, 2010	-2.42% Jul 6, 2022 - Jul 14, 2022
#15	-8.03% Feb 1, 2012 - May 10, 2012	-2.35% Apr 26, 2024 - May 13, 2024

Correlation

Correlation between MYI and CTA is 0.65 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.65

-101

Dividend Comparison (2000 - 2026)

MYI vs CTA dividend yield comparison.

Year	MYI	CTA
2026	3.61%	3.68%
2025	6.13%	3.19%
2024	6.03%	4.80%
2023	4.30%	7.78%
2022	5.22%	6.58%
2021	4.17%	0.00%
2020	3.84%	0.00%
2019	3.89%	0.00%
2018	5.01%	0.00%
2017	5.88%	0.00%
2016	6.20%	0.00%
2015	6.03%	0.00%
2014	6.29%	0.00%
2013	6.82%	0.00%
2012	5.67%	0.00%
2011	6.12%	0.00%
2010	6.59%	0.00%
2009	5.77%	0.00%
2008	7.42%	0.00%
2007	5.29%	0.00%
2006	5.26%	0.00%
2005	8.48%	0.00%
2004	6.94%	0.00%
2003	6.45%	0.00%
2002	6.53%	0.00%
2001	6.24%	0.00%
2000	2.56%	0.00%