Screener
MMIT vs IQHI
NYLI MacKay Muni Intermediate ETF vs NYLI MacKay High Income ETF
Key differences
Both MMIT and IQHI are fixed income ETFs. MMIT charges 0.30% a year and IQHI 0.41%. The main difference: MMIT covers North America; IQHI covers global markets.
- MMIT covers North America; IQHI covers global markets.
- 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
| MMIT | IQHI | |
|---|---|---|
| Annual cost (TER) | 0.30% | 0.41% |
| Fund size (AUM) | $1.5B | $118M |
| Since | 2017 | 2022 |
| Dividend yield | 3.89% | 8.23% |
| Asset class | fixed income | fixed income |
| Region | north america | global |
| Strategy | index tracking | index tracking |
| CAGR 1Y | +6.3% | +7.0% |
| CAGR 3Y | +3.8% | +8.6% |
| CAGR 5Y | +1.2% | N/A |
| Sharpe 3Y | 0.07 | 1.07 |
| Volatility 1Y | 2.54% | 3.73% |
| Max drawdown | -12.28% | -4.19% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.