SLX vs MPA

Comparison between VANECK STEEL ETF (SLX, ETF) and BlackRock MuniYield Pennsylvania Quality Fund (MPA, ETF).

5-Year PerformanceSLX has outperformed MPA, delivering a return of +15.0% compared to -1.4%

SLX vs MPA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SLX(ETF)	MPA(ETF)
Net Assets	$159M	$159M
Expense Ratio	0.55%	N/A
Max Drawdown	85.83%	52.06%
Sharpe Ratio	2.11	0.77
5Y Beta	1.08	0.18
P/E Ratio	13.22	N/A
Forward P/E	13.98	N/A
PEG Ratio	0.09	N/A
5Y Dividends CAGR	9.75%	2.54%
5Y EPS CAGR	17.63%	N/A
Debt to Equity	31.44%	N/A
P/S Ratio	0.00	N/A
P/B Ratio	1.68	N/A

Net Assets

Winner

SLX

$159M

MPA

$159M

Expense Ratio

SLX

0.55%

MPA

N/A

Max Drawdown

SLX

85.83%

Winner

MPA

52.06%

Sharpe Ratio

Winner

SLX

2.11

MPA

0.77

5Y Beta

SLX

1.08

Winner

MPA

0.18

P/E Ratio

SLX

13.22

MPA

N/A

Forward P/E

SLX

13.98

MPA

N/A

PEG Ratio

SLX

0.09

MPA

N/A

5Y Dividends CAGR

Winner

SLX

9.75%

MPA

2.54%

5Y EPS CAGR

SLX

17.63%

MPA

N/A

Debt to Equity

SLX

31.44%

MPA

N/A

P/S Ratio

SLX

0.00

MPA

N/A

P/B Ratio

SLX

1.68

MPA

N/A

SLX vs MPA - Historical Returns

Returns include dividend reinvestment.

Period	SLX	MPA
1 month	+1.86%	-0.02%
3 months	+14.48%	+0.12%
6 months	+32.61%	+2.11%
1 year	+68.38%	+10.52%
5 years(CAGR)	+14.99%	-1.36%
10 years(CAGR)	+18.75%	+1.80%
Max(CAGR)	+8.03%	+5.25%

Winner

SLX

+1.86%

MPA

-0.02%

Winner

SLX

+14.48%

MPA

+0.12%

Winner

SLX

+32.61%

MPA

+2.11%

Winner

SLX

+68.38%

MPA

+10.52%

5Y(CAGR)

Winner

SLX

+14.99%

MPA

-1.36%

10Y(CAGR)

Winner

SLX

+18.75%

MPA

+1.80%

Max(CAGR)

Winner

SLX

+8.03%

MPA

+5.25%

SLX vs MPA - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	SLX	MPA
2026	+23.45%	+3.51%
2025	+48.28%	+0.55%
2024	-17.15%	+6.14%
2023	+33.22%	+8.38%
2022	+14.39%	-30.62%
2021	+25.29%	+18.49%
2020	+19.62%	+8.74%
2019	+10.56%	+16.73%
2018	-22.43%	-8.13%
2017	+20.83%	+5.79%
2016	+99.31%	+1.69%
2015	-41.29%	+7.67%
2014	-24.86%	+19.02%
2013	+0.46%	-17.83%
2012	-1.01%	+9.22%
2011	-34.07%	+24.24%
2010	+14.62%	+7.57%
2009	+97.11%	+43.74%
2008	-63.20%	-28.52%
2007	+89.41%	-2.68%
2006	+10.38%	-0.10%
2005	N/A	+3.08%
2004	N/A	+10.03%
2003	N/A	+11.46%
2002	N/A	+10.51%
2001	N/A	+18.13%
2000	N/A	+10.32%
1999	N/A	-4.57%

SLX vs MPA Drawdown Comparison

The maximum drawdown for SLX was -82.16%, occurring on Jan 25, 2016. Recovery took 3699 trading sessions.

The maximum drawdown for MPA was -44.76%, occurring on Oct 10, 2008. Recovery took 587 trading sessions.

The current SLX drawdown is -6.08%. The current MPA drawdown is -17.41%.

Rank	SLX	MPA
#1	-82.16% May 16, 2008 - Jan 26, 2023	-44.76% May 8, 2007 - Sep 3, 2009
#2	-27.39% Dec 27, 2023 - Jul 22, 2025	-38.09% Dec 14, 2021 - Oct 27, 2022
#3	-23.74% Jul 12, 2007 - Sep 18, 2007	-25.90% Feb 24, 2020 - Nov 24, 2020
#4	-21.19% Dec 10, 2007 - Feb 22, 2008	-24.32% Jan 7, 2013 - Jan 12, 2015
#5	-20.93% Mar 3, 2023 - Jul 25, 2023	-17.24% Aug 19, 2010 - Sep 12, 2011
#6	-16.35% Feb 11, 2026 - Apr 22, 2026	-17.14% Sep 8, 2016 - Aug 7, 2019
#7	-15.61% Jul 25, 2023 - Dec 1, 2023	-16.26% Mar 25, 2004 - Oct 18, 2004
#8	-12.00% Oct 29, 2007 - Dec 7, 2007	-11.62% Jun 12, 2003 - Jan 5, 2004
#9	-11.43% Feb 28, 2008 - Apr 4, 2008	-10.87% Mar 8, 2012 - Nov 9, 2012
#10	-10.12% Feb 26, 2007 - Mar 21, 2007	-10.66% Nov 2, 1999 - Feb 4, 2000
#11	-10.02% Jul 23, 2025 - Oct 3, 2025	-10.48% Feb 4, 2000 - Jul 7, 2000
#12	-7.05% Dec 5, 2006 - Jan 23, 2007	-10.40% Oct 7, 2002 - May 6, 2003
#13	-6.54% Jun 1, 2007 - Jul 2, 2007	-9.99% Aug 12, 2005 - Mar 8, 2007
#14	-6.37% Feb 1, 2023 - Mar 2, 2023	-9.97% Mar 3, 2015 - Dec 22, 2015
#15	-6.08% Jun 2, 2026 - Jun 5, 2026	-9.70% Feb 8, 2005 - Jun 7, 2005

Correlation

Correlation between SLX and MPA is 0.40 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.40

-101

Dividend Comparison (2000 - 2026)

SLX vs MPA dividend yield comparison.

Year	SLX	MPA
2026	0.00%	2.12%
2025	1.55%	6.98%
2024	3.56%	6.02%
2023	2.80%	3.63%
2022	4.97%	5.60%
2021	7.07%	3.94%
2020	1.87%	4.12%
2019	3.44%	4.16%
2018	6.26%	5.40%
2017	2.50%	5.22%
2016	1.06%	5.56%
2015	5.35%	5.94%
2014	3.27%	6.19%
2013	1.98%	6.93%
2012	2.21%	5.51%
2011	2.40%	5.81%
2010	1.41%	6.45%
2009	1.60%	5.43%
2008	4.61%	6.98%
2007	0.57%	5.00%
2006	0.31%	5.11%
2005	0.00%	6.06%
2004	0.00%	6.22%
2003	0.00%	6.36%
2002	0.00%	6.58%
2001	0.00%	6.00%
2000	0.00%	2.58%