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MMIN vs MMCA

NYLI MacKay Muni Insured ETF vs NYLI MacKay California Muni Intermediate ETF

MMIN

NYLI MacKay Muni Insured ETF

Annual cost

0.30%

Fund size

$445M

MMCA

NYLI MacKay California Muni Intermediate ETF

Annual cost

0.36%

Fund size

$88M

Key differences

Both MMIN and MMCA are fixed income ETFs. MMIN charges 0.30% a year and MMCA 0.36%. The main difference: MMIN follows a index tracking strategy; MMCA uses active selection.

  • MMIN follows a index tracking strategy; MMCA uses active selection.
  • MMIN costs 0.06% less per year.
  • MMIN is much larger than MMCA. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

MMINMMCA
Annual cost (TER)0.30%0.36%
Fund size (AUM)$445M$88M
Since20172021
Dividend yield4.46%3.58%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+8.8%+6.3%
CAGR 3Y+4.0%+4.1%
CAGR 5Y+0.8%N/A
Sharpe 3Y0.100.18
Volatility 1Y3.78%2.59%
Max drawdown-16.86%-15.97%

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

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