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STAX vs MMCA

Nomura Tax-Free USA Short Term ETF vs NYLI MacKay California Muni Intermediate ETF

STAX

Nomura Tax-Free USA Short Term ETF

Annual cost

0.29%

Fund size

$6M

MMCA

NYLI MacKay California Muni Intermediate ETF

Annual cost

0.36%

Fund size

$88M

Key differences

Both STAX and MMCA are fixed income ETFs. STAX charges 0.29% a year and MMCA 0.36%. The main difference: STAX costs 0.07% less per year.

  • STAX costs 0.07% less per year.
  • MMCA is much larger than STAX. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

STAXMMCA
Annual cost (TER)0.29%0.36%
Fund size (AUM)$6M$88M
Since20232021
Dividend yield3.23%3.58%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionactive selection
CAGR 1Y+4.0%+6.3%
CAGR 3YN/A+4.1%
CAGR 5YN/AN/A
Sharpe 3YN/A0.18
Volatility 1Y1.03%2.59%
Max drawdown-1.42%-15.97%

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

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