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HTAX vs MMIN

Nomura National High-Yield Municipal Bond ETF vs NYLI MacKay Muni Insured ETF

HTAX

Nomura National High-Yield Municipal Bond ETF

Annual cost

0.49%

Fund size

$57M

MMIN

NYLI MacKay Muni Insured ETF

Annual cost

0.30%

Fund size

$445M

Key differences

Both HTAX and MMIN are fixed income ETFs. HTAX charges 0.49% a year and MMIN 0.30%. The main difference: HTAX follows a active selection strategy; MMIN uses index tracking.

  • HTAX follows a active selection strategy; MMIN uses index tracking.
  • MMIN costs 0.19% less per year.
  • MMIN is much larger than HTAX. Larger funds are usually more liquid and less likely to close.
  • MMIN has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HTAXMMIN
Annual cost (TER)0.49%0.30%
Fund size (AUM)$57M$445M
Since20252017
Dividend yield4.50%4.46%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+9.0%+8.8%
CAGR 3YN/A+4.0%
CAGR 5YN/A+0.8%
Sharpe 3YN/A0.10
Volatility 1Y4.70%3.78%
Max drawdown-6.10%-16.86%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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