SPGP vs MHD

Comparison between INVESCO S&P 500 GARP ETF (SPGP, ETF) and BlackRock MuniHoldings Fund Inc (MHD, ETF).

5-Year PerformanceSPGP has outperformed MHD, delivering a return of +7.6% compared to -1.7%

SPGP vs MHD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SPGP(ETF)	MHD(ETF)
Net Assets	$2.20B	$2.20B
Expense Ratio	0.36%	N/A
Max Drawdown	42.43%	52.64%
Sharpe Ratio	0.94	0.76
5Y Beta	1.02	0.20
P/E Ratio	18.77	N/A
Forward P/E	16.39	N/A
PEG Ratio	0.70	N/A
5Y Dividends CAGR	8.12%	1.25%
5Y EPS CAGR	23.14%	N/A
Debt to Equity	76.23%	N/A
P/S Ratio	2.28	N/A
P/B Ratio	3.54	N/A

Net Assets

SPGP

$2.20B

MHD

$2.20B

Expense Ratio

SPGP

0.36%

MHD

N/A

Max Drawdown

Winner

SPGP

42.43%

MHD

52.64%

Sharpe Ratio

Winner

SPGP

0.94

MHD

0.76

5Y Beta

SPGP

1.02

Winner

MHD

0.20

P/E Ratio

SPGP

18.77

MHD

N/A

Forward P/E

SPGP

16.39

MHD

N/A

PEG Ratio

SPGP

0.70

MHD

N/A

5Y Dividends CAGR

Winner

SPGP

8.12%

MHD

1.25%

5Y EPS CAGR

SPGP

23.14%

MHD

N/A

Debt to Equity

SPGP

76.23%

MHD

N/A

P/S Ratio

SPGP

2.28

MHD

N/A

P/B Ratio

SPGP

3.54

MHD

N/A

SPGP vs MHD - Historical Returns

Returns include dividend reinvestment.

Period	SPGP	MHD
1 month	+3.97%	+1.28%
3 months	+0.25%	+1.88%
6 months	+4.45%	+3.34%
1 year	+14.21%	+9.70%
5 years(CAGR)	+7.59%	-1.72%
10 years(CAGR)	+14.83%	+0.79%
Max(CAGR)	+14.12%	+5.78%

Winner

SPGP

+3.97%

MHD

+1.28%

SPGP

+0.25%

Winner

MHD

+1.88%

Winner

SPGP

+4.45%

MHD

+3.34%

Winner

SPGP

+14.21%

MHD

+9.70%

5Y(CAGR)

Winner

SPGP

+7.59%

MHD

-1.72%

10Y(CAGR)

Winner

SPGP

+14.83%

MHD

+0.79%

Max(CAGR)

Winner

SPGP

+14.12%

MHD

+5.78%

SPGP vs MHD - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	SPGP	MHD
2026	+2.15%	+2.90%
2025	+9.79%	+5.29%
2024	+8.64%	+3.21%
2023	+21.05%	+3.58%
2022	-13.53%	-23.27%
2021	+37.67%	+8.34%
2020	+14.92%	-0.26%
2019	+39.98%	+18.83%
2018	+0.65%	-5.10%
2017	+34.72%	+7.94%
2016	+1.84%	-0.22%
2015	+6.62%	+6.02%
2014	+17.46%	+26.00%
2013	+26.61%	-18.16%
2012	+14.10%	+19.47%
2011	+1.02%	+18.49%
2010	N/A	+11.41%
2009	N/A	+51.01%
2008	N/A	-26.35%
2007	N/A	-9.29%
2006	N/A	+8.54%
2005	N/A	+10.98%
2004	N/A	+11.87%
2003	N/A	+20.01%
2002	N/A	+6.02%
2001	N/A	+23.87%
2000	N/A	-7.41%
1999	N/A	-0.92%

SPGP vs MHD Drawdown Comparison

The maximum drawdown for SPGP was -42.07%, occurring on Mar 23, 2020. Recovery took 185 trading sessions.

The maximum drawdown for MHD was -45.88%, occurring on Dec 16, 2008. Recovery took 394 trading sessions.

The current SPGP drawdown is -1.29%. The current MHD drawdown is -13.40%.

Rank	SPGP	MHD
#1	-42.07% Feb 13, 2020 - Nov 5, 2020	-45.88% Feb 12, 2008 - Sep 3, 2009
#2	-22.88% Dec 2, 2024 - Aug 13, 2025	-36.66% Dec 20, 2021 - Oct 25, 2023
#3	-22.80% Oct 1, 2018 - Apr 3, 2019	-31.31% Feb 24, 2020 - May 24, 2021
#4	-22.65% Dec 29, 2021 - Jul 31, 2023	-24.35% Feb 11, 2013 - Jan 6, 2015
#5	-19.36% Aug 5, 2015 - Jan 25, 2017	-18.10% Aug 3, 2017 - May 16, 2019
#6	-16.83% Jul 25, 2011 - Jan 26, 2012	-17.00% Jul 7, 2000 - Apr 12, 2001
#7	-11.16% Jan 6, 2026 - Apr 17, 2026	-15.77% Jul 1, 2016 - Jul 21, 2017
#8	-10.69% Jul 24, 2019 - Oct 24, 2019	-15.08% Sep 10, 2010 - Sep 6, 2011
#9	-9.68% Jul 31, 2023 - Dec 13, 2023	-14.85% Mar 17, 2004 - Aug 31, 2004
#10	-9.65% Jan 26, 2018 - Mar 9, 2018	-13.53% May 11, 2007 - Feb 8, 2008
#11	-9.57% Jul 16, 2024 - Oct 4, 2024	-10.05% Oct 8, 2001 - Aug 5, 2002
#12	-8.58% Sep 19, 2014 - Nov 11, 2014	-10.05% Feb 3, 2015 - Oct 28, 2015
#13	-8.55% Apr 2, 2012 - Aug 7, 2012	-9.89% Nov 2, 1999 - Jun 30, 2000
#14	-8.04% May 3, 2019 - Jun 20, 2019	-9.42% Jul 1, 2019 - Nov 29, 2019
#15	-7.95% Sep 19, 2012 - Jan 22, 2013	-8.96% Nov 29, 2012 - Jan 11, 2013

Correlation

Correlation between SPGP and MHD is 0.60 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.60

-101

Dividend Comparison (2000 - 2026)

SPGP vs MHD dividend yield comparison.

Year	SPGP	MHD
2026	0.29%	2.02%
2025	1.04%	6.08%
2024	1.38%	5.58%
2023	1.24%	3.82%
2022	1.22%	5.63%
2021	0.69%	4.34%
2020	1.10%	4.49%
2019	0.86%	4.62%
2018	0.95%	6.11%
2017	0.68%	5.86%
2016	0.89%	6.16%
2015	1.12%	6.25%
2014	1.52%	6.20%
2013	2.11%	7.66%
2012	1.49%	7.14%
2011	1.27%	6.57%
2010	0.00%	7.69%
2009	0.00%	6.65%
2008	0.00%	8.83%
2007	0.00%	6.57%
2006	0.00%	5.62%
2005	0.00%	6.86%
2004	0.00%	7.22%
2003	0.00%	7.01%
2002	0.00%	6.90%
2001	0.00%	6.24%
2000	0.00%	2.80%