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