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SECR vs MMIT

NYLI MacKay Securitized Income ETF vs NYLI MacKay Muni Intermediate ETF

SECR

NYLI MacKay Securitized Income ETF

Annual cost

0.28%

Fund size

$165M

MMIT

NYLI MacKay Muni Intermediate ETF

Annual cost

0.30%

Fund size

$1.5B

Key differences

Both SECR and MMIT are fixed income ETFs. SECR charges 0.28% a year and MMIT 0.30%. The main difference: MMIT is much larger than SECR. Larger funds are usually more liquid and less likely to close.

  • MMIT is much larger than SECR. Larger funds are usually more liquid and less likely to close.
  • MMIT has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SECRMMIT
Annual cost (TER)0.28%0.30%
Fund size (AUM)$165M$1.5B
Since20242017
Dividend yield6.85%3.89%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+4.5%+6.3%
CAGR 3YN/A+3.8%
CAGR 5YN/A+1.2%
Sharpe 3YN/A0.07
Volatility 1Y3.96%2.54%
Max drawdown-3.93%-12.28%

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

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