Screener
IQHI vs MMIT
NYLI MacKay High Income ETF vs NYLI MacKay Muni Intermediate ETF
Key differences
Both IQHI and MMIT are fixed income ETFs. IQHI charges 0.41% a year and MMIT 0.30%. The main difference: IQHI covers global markets; MMIT covers North America.
- IQHI covers global markets; MMIT covers North America.
- MMIT costs 0.11% less per year.
- MMIT is much larger than IQHI. Larger funds are usually more liquid and less likely to close.
- Over the last three years, IQHI has delivered higher annualized returns.
- MMIT has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| IQHI | MMIT | |
|---|---|---|
| Annual cost (TER) | 0.41% | 0.30% |
| Fund size (AUM) | $118M | $1.5B |
| Since | 2022 | 2017 |
| Dividend yield | 8.23% | 3.89% |
| Asset class | fixed income | fixed income |
| Region | global | north america |
| Strategy | index tracking | index tracking |
| CAGR 1Y | +7.0% | +6.3% |
| CAGR 3Y | +8.6% | +3.8% |
| CAGR 5Y | N/A | +1.2% |
| Sharpe 3Y | 1.07 | 0.07 |
| Volatility 1Y | 3.73% | 2.54% |
| Max drawdown | -4.19% | -12.28% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.