RMMZ vs RNERU
Comparison between RiverNorth Managed Duration Municipal Income Fund II Inc (RMMZ, Company) and Mount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt) (RNERU, Company).
RMMZ vs RNERU - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap
RMMZ
$125M
Winner
RNERU
$125M
Max Drawdown
Winner
RMMZ
35.66%
RNERU
52.58%
Sharpe Ratio
Winner
RMMZ
0.65
RNERU
-0.83
5Y Beta
RMMZ
0.11
RNERU
N/A
Industry
RMMZ
Asset Management
RNERU
N/A
P/E Ratio
RMMZ
-20.69
RNERU
N/A
Debt to Equity
RMMZ
69.26%
RNERU
N/A
Free Cash Flow Yield
Winner
RMMZ
9.75%
RNERU
-0.79%
P/S Ratio
RMMZ
144.30
RNERU
N/A
P/B Ratio
RMMZ
0.93
Winner
RNERU
-13.70
RMMZ vs RNERU - Historical Returns
Returns include dividend reinvestment.
1M
Winner
RMMZ
+0.29%
RNERU
-43.13%
3M
Winner
RMMZ
+0.32%
RNERU
-43.63%
6M
Winner
RMMZ
+4.26%
RNERU
-43.63%
1Y
Winner
RMMZ
+11.28%
RNERU
-43.35%
5Y(CAGR)
RMMZ
+2.19%
RNERU
N/A
Max(CAGR)
Winner
RMMZ
+2.19%
RNERU
-32.91%
RMMZ vs RNERU - Annual Returns (2021 - 2026)
Returns include dividend reinvestment.
| Year | RMMZ | RNERU |
|---|---|---|
| 2026 | +5.02% | N/A |
| 2025 | +3.86% | N/A |
| 2024 | +2.22% | N/A |
| 2023 | +8.66% | -49.93% |
| 2022 | -12.82% | +18.58% |
| 2021 | N/A | +1.19% |
RMMZ vs RNERU Drawdown Comparison
The maximum drawdown for RMMZ was -27.10%, occurring on Oct 30, 2023. Recovery took 986 trading sessions.
The maximum drawdown for RNERU was -52.58%, occurring on Feb 27, 2023. This drawdown has not yet recovered.
The current RMMZ drawdown is -1.43%. The current RNERU drawdown is -52.08%.
| Rank | RMMZ | RNERU |
|---|---|---|
| #1 | -27.10% Mar 1, 2022 - Feb 4, 2026 | -52.58% Dec 30, 2022 - Feb 27, 2023 |
| #2 | -5.59% Feb 13, 2026 - May 5, 2026 | -4.43% Mar 29, 2022 - Dec 28, 2022 |
| #3 | -2.76% May 15, 2026 - May 22, 2026 | -1.67% Nov 18, 2021 - Mar 23, 2022 |
| #4 | -0.50% Feb 25, 2022 - Mar 1, 2022 | -0.99% Dec 28, 2022 - Dec 30, 2022 |
| #5 | -0.26% Feb 10, 2026 - Feb 12, 2026 | -0.59% Nov 5, 2021 - Nov 11, 2021 |
| #6 | -0.20% Feb 4, 2026 - Feb 10, 2026 | -0.40% Oct 18, 2021 - Oct 25, 2021 |
| #7 | -0.17% May 13, 2026 - May 15, 2026 | -0.39% Oct 25, 2021 - Nov 5, 2021 |
| #8 | -0.10% May 8, 2026 - May 13, 2026 | -0.39% Nov 11, 2021 - Nov 18, 2021 |
| #9 | -0.05% Feb 14, 2022 - Feb 17, 2022 | -0.30% Oct 7, 2021 - Oct 18, 2021 |
| #10 | -0.05% Feb 22, 2022 - Feb 24, 2022 | N/A |
Correlation
Correlation between RMMZ and RNERU is 0.05 which considered as a very weak or no correlation - the stocks move independently of each other.
0.05
-101
Select Stocks to Compare
Popular: RMMZ vs SPYRNERU vs SPY
More Comparisons
Compare with similar stocks