NY Life InvestmentsBonds & CashMunicipal#46 of 786 by YTD
NYLI MacKay Muni Allocation ETFMMMA
- AUM
- $60M
- Fee
- 0.40%
- Yield
- 3.7%
- Bumpy · 1Y
- 0.4×S&P
- Volume
- 8K
- NAV
- $25.01
52-week range3% below the high
$23.63$25.74
| Returns | 1D | 1M | 3M | YTD | 1Y | 3Y | 5Y | MAX |
|---|---|---|---|---|---|---|---|---|
| Total return | +0.8% | +5.9% | +0.5% | +3.5% | — | — | — | +3.9% |
| Peer average | +0.2% | +4.2% | −0.2% | +1.1% | +1.5% | +15.2% | +3.0% | — |
| S&P 500 · VOO | +0.3% | −5.0% | −4.6% | +8.7% | +9.8% | +80.8% | +71.8% | — |
MMMA in One Breath
MMMA Among Municipal ETFs
YTDEnd-of-day Nov 8, 2026 · 141 Municipal ETFs by YTD
$10,000 in MMMA
5Y$10,000 in MMMA became
$10,386
In the S&P 500 (VOO)
$10,954
Total return, dividends in · Dec 16, 2025 – Nov 6, 2026 · S&P 500 uses VOO
MMMA Returns by Period
Today1D
1M
3M
YTD
1Y
3Y
5Y
MAX
MMMA
+0.8%
+5.9%
+0.5%
+3.5%
—
—
—
+3.9%
Peer average
+0.2%
+4.2%
−0.2%
+1.1%
+1.5%
+15.2%
+3.0%
—
S&P 500 · VOO
+0.3%
−5.0%
−4.6%
+8.7%
+9.8%
+80.8%
+71.8%
—
End-of-day Nov 8, 2026 · total return, dividends in · peers = 165 Municipal ETFs
MMMA’s Bonds & Cash Rank
YTD#46of 786
bonds & cash ETFs
bonds & cash ETFs
Best · CMDT+22.7%
MMMA+3.5%
Average+0.8%
Worst · MVRL−28.5%
Bonds & Cash ETFs by YTD return · Nov 8, 2026
MMMA Price and 52-Week Range
1YFrom the 52-week high
−2.7%
From the 52-week low
+6.0%
Today $24.95 – $25.05
Previous close $24.85
52-week low$23.6352-week high$25.74
End-of-day Nov 8, 2026 · box = today’s range, dashed = previous close
MMMA’s Share of Municipal ETFs
Today0.0%
of the $247B in 166 Municipal ETFs
$60.0M0.0%
$55.0B22.3%
$49.6B20.1%
$142B57.5%
Municipal ETF AUM · Nov 8, 2026
MMMA Fee per $100 vs Peers
TodayExpense ratio · Municipal peers · Nov 8, 2026
Inside MMMA
53 holdingsMMMA
NYLI MacKay Muni Allocation ETF
TodayMMMA reports no holdings we can show: […]
NY Life Investments MMMA · holdings
How It Compares
MMMA
NYLI MacKay Muni Allocation ETF’s Peers
TodayMunicipal peers · Today’s and past-year returns · as of Nov 8, 2026 · sorted by AUM
Head to Head
Put MMMA head to head with MUB →MUB vs MMMA
YTDYear to date
MMMA wins+3.0 pts
Past year
Level
Fee
MUB winslower fee
Yield
MMMA wins+0.4 pts
AUM
MUB917.1× more
2–1MMMA wins
iShares MUB and NY Life Investments MMMA · year-to-date · as of Nov 8, 2026 · AUM not scored
MMMA vs VOO
YTDMMMA · NYLI MacKay Muni Allocation
+3.5%
VOO · S&P 500
+8.7%
Gap
5.2 pts
NY Life Investments MMMA and Vanguard VOO · Today total return · as of Nov 8, 2026
MMMA vs Its Peer Average
YTDMMMAAvsBPeer average
1D+0.8%+0.2%
1M+5.9%+4.2%
3M+0.5%−0.2%
YTD+3.5%+1.1%
1Y[…]+1.5%
3Y[…]+15.2%
5Y[…]+3.0%
4–0MMMA wins
165 Municipal peers · each row scaled to its leader
How Bumpy Is MMMA?
ViewMMMA
How Bumpy
1Y0.4×the S&P 500’s swings
CalmerBumpierS&P 1×MMMA
Bumpiest of 7 municipal fundsMMMA
Other municipal funds0.1× to 0.3×
NY Life Investments MMMA · daily swings over the past year vs the S&P 500
MMMA
Worst Drop
1Y−6.5%from its Jul 6 high
Still below the high−0.6%
$10,000 at the high is now$9,940
NY Life Investments MMMA · fall from the highest close, past year
MMMA
On a Bad Day
1Y0.1×the S&P 500’s fall
MMMA’s worst day: Tuesday, Mar 24Up days54 of every 100
S&P 500 up days51 of every 100
NY Life Investments MMMA · average move on days the S&P 500 fell
MMMA
Return for the Bumps
1Y#1 of 7 municipal fundsRanked by return above cash for each unit of bumpiness (Sharpe ratio) · cash = 3.3%
MMMA
Cost
Today$40a year per $10,000
Expense ratio 0.40%, taken from the fund’s value
MMMA
Volatility & Beta
1Y4.8%annual volatility
S&P 500 volatility13.7%
Downside volatility3.5%
Beta vs SPY0.11
Correlation vs SPY0.31
Beta rank, lowest first, of 7#7
Daily total returns × √252 · past 224 trading days
MMMA
Max Drawdown
1Y−6.5%peak to trough
Peak closeJul 6, 2026
Current drawdown−0.6%
Worst day−1.10% · Mar 24
Closing prices, dividends in
MMMA
Up / Down Capture
1Y14%down capture vs SPY
Up ÷ down capture1.23
Up days54.0% (S&P 51.3%)
Average daily move on SPY up days and down days
MMMA
Sharpe & Sortino vs Peers
1YSharpe = (return − 3.3% cash) ÷ volatility · Sortino uses downside volatility only
MMMA
Trading
Today+0.16%above its holdings’ value
Close$25.05
NAV$25.01
Fee per $10,000$40 a year
Avg. volume 30D49K shares
Close vs net asset value, Nov 6
The Details
MMMA
Fund Facts
Today2025launched Dec 16
Tracks[…]
Exchange · CUSIPAMEX · 64953X209
StructureETF
Leverage1x
Cost on $10,000$40 a year
Go deeper
NY Life Investments MMMA · fund facts · as of Nov 8, 2026
MMMA
Payouts by Year
2Y$0.0746per share, Oct 2026
Distribution yield3.7%
PaidEvery month
Latest ex-date · paidOct 30 · Nov 3, 2026
11 payouts added up$0.93 a share
NY Life Investments MMMA · distributions by ex-date · 2025–2026
All Fund FactsDocuments · trading · fees · every payout
Prospectus & Documents
Trading & Liquidity
Net asset value$25.01
Premium / discount[…]
Median spread · 30D[…]
Volume today8K
Average volume · 30D49K
Shares outstanding[…]
Options[…]
Fees & Costs
Net expense ratio0.40%
Gross expense ratio[…]
Management fee[…]
Cost on $10,000 a year$40.00
Our risk indicator2/5
Estimated yearly cost excludes trading costs and assumes constant assets.
Distributions
| Ex-date | Paid | Per share |
|---|---|---|
| Oct 30, 2026 | Nov 3, 2026 | $0.0746 |
| Sep 30, 2026 | Oct 2, 2026 | $0.0874 |
| Aug 31, 2026 | Sep 2, 2026 | $0.0927 |
| Jul 31, 2026 | Aug 4, 2026 | $0.0888 |
| Jun 30, 2026 | Jul 2, 2026 | $0.0878 |
| May 29, 2026 | Jun 2, 2026 | $0.0963 |
| Apr 30, 2026 | May 4, 2026 | $0.0887 |
| Mar 31, 2026 | Apr 2, 2026 | $0.0908 |
| Feb 27, 2026 | Mar 3, 2026 | $0.0832 |
| Jan 30, 2026 | Feb 3, 2026 | $0.0952 |
| Dec 30, 2025 | Jan 5, 2026 | $0.0427 |
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