TBFC vs MIY

Comparison between THE BRINSMERE FUND - CONSERVATIVE ETF (TBFC, ETF) and BlackRock MuniYield Michigan Quality Fund Inc (MIY, ETF).

TBFC vs MIY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TBFC(ETF)	MIY(ETF)
Net Assets	$362M	$363M
Expense Ratio	0.44%	N/A
Max Drawdown	11.02%	50.82%
Sharpe Ratio	1.05	1.40
5Y Beta	0.40	0.14
5Y Dividends CAGR	N/A	1.37%

Net Assets

TBFC

$362M

Winner

MIY

$363M

Expense Ratio

TBFC

0.44%

MIY

N/A

Max Drawdown

Winner

TBFC

11.02%

MIY

50.82%

Sharpe Ratio

TBFC

1.05

Winner

MIY

1.40

5Y Beta

TBFC

0.40

Winner

MIY

0.14

5Y Dividends CAGR

TBFC

N/A

MIY

1.37%

TBFC vs MIY - Historical Returns

Returns include dividend reinvestment.

Period	TBFC	MIY
1 month	-0.82%	+1.68%
3 months	+1.83%	+5.13%
6 months	+3.05%	+4.50%
1 year	+11.09%	+21.07%
5 years(CAGR)	N/A	+0.08%
10 years(CAGR)	N/A	+2.68%
Max(CAGR)	+9.68%	+5.59%

TBFC

-0.82%

Winner

MIY

+1.68%

TBFC

+1.83%

Winner

MIY

+5.13%

TBFC

+3.05%

Winner

MIY

+4.50%

TBFC

+11.09%

Winner

MIY

+21.07%

5Y(CAGR)

TBFC

N/A

MIY

+0.08%

10Y(CAGR)

TBFC

N/A

MIY

+2.68%

Max(CAGR)

Winner

TBFC

+9.68%

MIY

+5.59%

TBFC vs MIY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	TBFC	MIY
2026	+4.29%	+8.11%
2025	+11.47%	+9.85%
2024	+8.18%	+2.85%
2023	N/A	+4.79%
2022	N/A	-23.78%
2021	N/A	+9.95%
2020	N/A	+7.48%
2019	N/A	+17.81%
2018	N/A	-6.04%
2017	N/A	+8.69%
2016	N/A	+2.26%
2015	N/A	+5.94%
2014	N/A	+17.64%
2013	N/A	-16.80%
2012	N/A	+7.93%
2011	N/A	+25.37%
2010	N/A	+10.33%
2009	N/A	+40.58%
2008	N/A	-24.58%
2007	N/A	-3.81%
2006	N/A	-3.30%
2005	N/A	+7.52%
2004	N/A	+10.85%
2003	N/A	+12.00%
2002	N/A	+12.32%
2001	N/A	+13.29%
2000	N/A	+8.59%
1999	N/A	-4.48%

TBFC vs MIY Drawdown Comparison

The maximum drawdown for TBFC was -8.89%, occurring on Apr 8, 2025. Recovery took 176 trading sessions.

The maximum drawdown for MIY was -42.18%, occurring on Oct 10, 2008. Recovery took 394 trading sessions.

The current TBFC drawdown is -1.28%. The current MIY drawdown is -2.05%.

Rank	TBFC	MIY
#1	-8.89% Sep 27, 2024 - Jun 12, 2025	-42.18% Feb 12, 2008 - Sep 3, 2009
#2	-5.45% Feb 25, 2026 - May 6, 2026	-34.58% Aug 2, 2021 - Mar 4, 2026
#3	-3.12% Mar 28, 2024 - May 15, 2024	-25.81% Jan 23, 2013 - Jan 4, 2016
#4	-2.90% Jul 16, 2024 - Aug 21, 2024	-24.40% Mar 4, 2020 - Aug 6, 2020
#5	-2.42% Jun 2, 2026 - Jun 10, 2026	-17.37% Aug 31, 2010 - Sep 29, 2011
#6	-2.15% Oct 27, 2025 - Dec 10, 2025	-13.79% Nov 5, 1999 - Dec 18, 2000
#7	-1.41% Jan 29, 2026 - Feb 9, 2026	-12.75% Jul 11, 2016 - Apr 12, 2019
#8	-1.38% May 14, 2026 - May 26, 2026	-11.86% Mar 24, 2004 - Sep 9, 2004
#9	-1.29% Oct 8, 2025 - Oct 17, 2025	-11.14% Jun 11, 2003 - Jan 7, 2004
#10	-1.10% Feb 12, 2024 - Feb 22, 2024	-10.97% Jan 24, 2006 - Feb 12, 2008
#11	-1.09% May 15, 2024 - Jun 5, 2024	-10.08% Mar 4, 2026 - Apr 7, 2026
#12	-0.91% Dec 11, 2025 - Dec 22, 2025	-9.04% Feb 10, 2012 - May 24, 2012
#13	-0.88% Jul 23, 2025 - Aug 8, 2025	-8.91% Oct 1, 2002 - Mar 5, 2003
#14	-0.87% Jan 12, 2026 - Jan 22, 2026	-8.41% Nov 28, 2012 - Jan 23, 2013
#15	-0.83% Aug 13, 2025 - Aug 22, 2025	-7.27% Nov 14, 2001 - May 28, 2002

Correlation

Correlation between TBFC and MIY is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95

-101

Dividend Comparison (2000 - 2026)

TBFC vs MIY dividend yield comparison.

Year	TBFC	MIY
2026	0.88%	3.11%
2025	3.28%	5.57%
2024	2.98%	5.21%
2023	0.00%	3.86%
2022	0.00%	5.70%
2021	0.00%	4.38%
2020	0.00%	4.23%
2019	0.00%	4.27%
2018	0.00%	5.27%
2017	0.00%	5.46%
2016	0.00%	5.85%
2015	0.00%	5.66%
2014	0.00%	6.32%
2013	0.00%	7.36%
2012	0.00%	5.87%
2011	0.00%	6.02%
2010	0.00%	6.79%
2009	0.00%	5.87%
2008	0.00%	7.08%
2007	0.00%	5.36%
2006	0.00%	5.54%
2005	0.00%	6.21%
2004	0.00%	6.47%
2003	0.00%	6.54%
2002	0.00%	6.62%
2001	0.00%	5.53%
2000	0.00%	2.55%