TAXF vs MLN
Comparison between AMERICAN CENTURY DIVERSIFIED MUNICIPAL BOND ETF (TAXF, ETF) and VANECK LONG MUNI ETF (MLN, ETF).
5-Year PerformanceTAXF has outperformed MLN, delivering a return of +0.8% compared to -1.2%
TAXF vs MLN - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
TAXF vs MLN - Historical Returns
Returns include dividend reinvestment.
TAXF vs MLN - Annual Returns (2008 - 2026)
Returns include dividend reinvestment.
| Year | TAXF | MLN |
|---|---|---|
| 2026 | +0.95% | +1.02% |
| 2025 | +3.92% | +1.99% |
| 2024 | +2.02% | +1.76% |
| 2023 | +6.98% | +7.86% |
| 2022 | -9.59% | -17.07% |
| 2021 | +2.77% | +1.78% |
| 2020 | +5.37% | +6.12% |
| 2019 | +8.75% | +10.69% |
| 2018 | +0.64% | -0.67% |
| 2017 | N/A | +8.58% |
| 2016 | N/A | +0.27% |
| 2015 | N/A | +3.85% |
| 2014 | N/A | +17.42% |
| 2013 | N/A | -9.33% |
| 2012 | N/A | +10.23% |
| 2011 | N/A | +16.10% |
| 2010 | N/A | -1.29% |
| 2009 | N/A | +17.85% |
| 2008 | N/A | -6.98% |
TAXF vs MLN Drawdown Comparison
The maximum drawdown for TAXF was -13.94%, occurring on Oct 26, 2022. Recovery took 1041 trading sessions.
The maximum drawdown for MLN was -24.67%, occurring on Dec 15, 2008. Recovery took 244 trading sessions.
The current TAXF drawdown is -1.43%. The current MLN drawdown is -7.11%.
| Rank | TAXF | MLN |
|---|---|---|
| #1 | -13.94% Jul 19, 2021 - Sep 10, 2025 | -24.67% Sep 11, 2008 - Aug 31, 2009 |
| #2 | -13.39% Mar 9, 2020 - Nov 23, 2020 | -24.46% Jul 20, 2021 - Oct 26, 2022 |
| #3 | -2.93% Feb 27, 2026 - Jun 29, 2026 | -23.59% Mar 9, 2020 - Aug 10, 2020 |
| #4 | -2.15% Jul 6, 2026 - Jul 23, 2026 | -16.46% Nov 30, 2012 - Aug 25, 2014 |
| #5 | -2.03% Feb 12, 2021 - May 25, 2021 | -14.34% Oct 12, 2010 - Aug 3, 2011 |
| #6 | -1.58% Sep 4, 2019 - Dec 27, 2019 | -10.51% Jul 7, 2016 - Dec 5, 2017 |
| #7 | -0.97% Sep 12, 2018 - Dec 4, 2018 | -7.32% Feb 12, 2008 - Apr 10, 2008 |
| #8 | -0.55% Jun 10, 2021 - Jul 7, 2021 | -4.94% Oct 2, 2009 - May 17, 2010 |
| #9 | -0.47% Jan 15, 2026 - Jan 30, 2026 | -4.94% Jan 30, 2015 - Nov 30, 2015 |
| #10 | -0.43% Nov 11, 2025 - Nov 26, 2025 | -4.69% Dec 6, 2017 - Feb 8, 2019 |
| #11 | -0.41% Nov 26, 2025 - Dec 23, 2025 | -3.91% Jun 4, 2008 - Jul 2, 2008 |
| #12 | -0.32% Aug 15, 2019 - Aug 28, 2019 | -3.65% Feb 10, 2021 - Jun 7, 2021 |
| #13 | -0.32% Sep 18, 2025 - Oct 1, 2025 | -3.48% Jul 11, 2008 - Aug 15, 2008 |
| #14 | -0.30% Oct 24, 2025 - Nov 11, 2025 | -2.98% Aug 4, 2011 - Sep 6, 2011 |
| #15 | -0.28% Jan 7, 2019 - Jan 14, 2019 | -2.94% Feb 28, 2012 - Apr 10, 2012 |
Correlation
Correlation between TAXF and MLN is 0.67 which considered as a moderate positive correlation - the stocks show some tendency to move together.
Dividend Comparison (2008 - 2026)
TAXF vs MLN dividend yield comparison.
| Year | TAXF | MLN |
|---|---|---|
| 2026 | 2.29% | 2.30% |
| 2025 | 3.68% | 3.73% |
| 2024 | 3.38% | 3.59% |
| 2023 | 2.93% | 3.19% |
| 2022 | 2.05% | 2.67% |
| 2021 | 1.58% | 2.52% |
| 2020 | 2.13% | 2.69% |
| 2019 | 2.64% | 2.98% |
| 2018 | 0.69% | 3.09% |
| 2017 | 0.00% | 2.91% |
| 2016 | 0.00% | 3.16% |
| 2015 | 0.00% | 3.38% |
| 2014 | 0.00% | 3.78% |
| 2013 | 0.00% | 4.42% |
| 2012 | 0.00% | 3.88% |
| 2011 | 0.00% | 4.45% |
| 2010 | 0.00% | 4.76% |
| 2009 | 0.00% | 4.72% |
| 2008 | 0.00% | 21.29% |
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