MMITvsFUSIETF Comparison
VS
NYLI MacKay Muni Intermediate ETF (MMIT) belongs to the Municipal Bonds segment. American Century Ultrashort Income ETF (FUSI) is part of the US Aggregate Bonds segment. MMIT's top 1 sector exposures are Municipal. In contrast, FUSI's top sector exposures are Industrials and Sovereign. MMIT is more expensive with a Total Expense Ratio (TER) of 0.48%, versus 0.19% for FUSI. MMIT is down -1.6% year-to-date (YTD) with +$337M in YTD flows. FUSI performs better with 3.56% YTD performance, and +$43M in YTD flows. Run a side-by-side ETF comparison of MMIT and FUSI below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
MMIT vs FUSI performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | MMIT FUSI | -0.14%+0.29% | -2.89%+0.97% | -1.60%+3.56% | -0.87%+4.61% | +10.77%+17.83% | +3.05%n/a |
| Flows | MMIT FUSI | +$127M+$25M | +$161M+$43M | +$337M+$43M | +$462M+$15M | +$1.13B+$45M | +$1.43B- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | MMIT FUSI | +4.55%+0.25% | +2.83%+0.30% | +3.06%+0.42% | +3.08%n/a |
| Max drawdown | MMIT FUSI | -5.22%-0.04% | -5.97%-0.08% | -5.97%-0.32% | -11.87%n/a |
| Max drawdown duration | MMIT FUSI | 92d8d | 229d4d | 229d19d | 997dn/a |
Trading data
MMIT | FUSI | |
Last sale 10/19/2026 at 7:42 PM | $23.28 | $50.41 |
| Previous close 10/16/2026 | $23.29 | $50.46 |
| Consolidated volume 10/16/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Advertisement
Main metrics
Last update 10/19/2026 at 7:42 PM
Live
Closed
MMIT | FUSI | |
|---|---|---|
| Last price | $23.28 | $50.41 |
| 1D performance | -0.06% | -0.10% |
| AuM | $1.58 B | $65.52 M |
| E/R | 0.48% | 0.19% |
Characteristics
MMIT | FUSI | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | New York Life Investments | American Century Investments |
| Benchmark | - | - |
| N° of holdings | 190 | 22 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | October 18, 2017 | March 16, 2023 |
| ESG | No | No |
Advertisement
Exposure
Countries
MMIT
USA
30.87%
Other
69.13%
FUSI
USA
30.05%
Other
69.95%
Sectors
MMIT
Municipal
30.87%
Other
69.13%
FUSI
Industrials
22.52%
Sovereign
7.53%
Other
69.95%
Diversification
MMIT
Total weight of top 15 holdings out of 15
10.47%
FUSI
Total weight of top 15 holdings out of 15
31.49%
Top 15 holdings
Data as of August 31, 2026
MMIT
City of New York, 5.125% 15nov2011, USD
1.02%
Puerto Rico Sales Tax Financing Corp., 4.329% 1jul2040, USD
0.99%
Minnesota Municipal Gas Energy, 5% 1sep2035, USD (2026A)
0.90%
Hudson Yards Infrastructure Corp., 5% 15feb2042, USD
0.90%
Los Angeles Department of Water and Power, 5% 1jul2041, USD (2026)
0.89%
US70879QQA49
0.86%
Black Belt Energy Gas District, 4% 1oct2052, USD
0.62%
US850578UC77
0.62%
Chicago Board of Education, 6% 1apr2046, USD (2017)
0.58%
Phoenix Industrial Development Authority, 5% 31oct2044, USD (2024)
0.56%
US09182TFT97
0.56%
US74440DFC39
0.53%
US56035DJJ28
0.51%
Main Street Natural Gas Inc., 5% 1dec2052, USD (2022B)
0.47%
National Finance Authority, 4.25% 20jul2041, USD (2026-1, A-1)
0.46%
FUSI
USA, Notes FRN 31jan2027, USD (AX-2027)
7.53%
LCM 35A, FRN 15oct2034, USD (ABS, BR)
3.02%
Atlas Senior Loan Fund 2021-17A, FRN 20oct2034, USD (ABS, B1)
2.26%
US3136BV2T46
1.98%
US30227TAC45
1.59%
US06759JBA51
1.51%
US559916AG67
1.51%
Brant Point CLO 2023-1A, FRN 26jul2038, USD (ABS, BR)
1.51%
FS Rialto Issuer 2024-FL9, FRN 19oct2039, USD (ABS, A)
1.51%
BX Commercial Mortgage Trust 2026-CSMO, FRN 17feb2043, USD (ABS, A)
1.51%
US87168YAS90
1.51%
US00093DAA72
1.51%
TPG Real Estate Finance Issuer 2025-FL6, FRN 18sep2042, USD (ABS, A)
1.51%
US46676AAA16
1.51%
US55819GBC24
1.51%
Frequently asked questions about MMIT and FUSI
How have the MMIT and FUSI ETFs performed in 2026?
As of October 16, 2026, MMIT is down -1.6% year-to-date (YTD), while FUSI has returned 3.56%. That puts FUSI better performer ahead so far this year.
Which ETF is attracting more investor money: MMIT or FUSI?
Year-to-date, the MMIT ETF saw +$337M in flows, compared to +$43M for FUSI.
Which ETF is more volatile: MMIT or FUSI?
Over the past year, MMIT had a volatility of 2.83%, while FUSI experienced 0.3%.
Which ETF is bigger: MMIT or FUSI?
As of October 16, 2026, MMIT holds $1.58 B in assets under management (AUM), while FUSI manages $65.52 M.
What sectors do the MMIT and FUSI ETFs invest in?
MMIT leans toward sectors like Municipal. Meanwhile, FUSI focuses on Industrials and Sovereign.
What are the top holdings of the MMIT ETF and FUSI ETF?
MMIT top holdings include City of New York, 5.125% 15nov2011, USD, Puerto Rico Sales Tax Financing Corp., 4.329% 1jul2040, USD and Minnesota Municipal Gas Energy, 5% 1sep2035, USD (2026A). FUSI holds in its top three: USA, Notes FRN 31jan2027, USD (AX-2027), LCM 35A, FRN 15oct2034, USD (ABS, BR) and Atlas Senior Loan Fund 2021-17A, FRN 20oct2034, USD (ABS, B1).
Which ETF is more diversified: MMIT or FUSI?
MMIT holds 865 securities with 10.47% of its assets in the top 15. FUSI has 86 securities and a top 15 weight of 31.49%.
Advertisement
Latest news about MMIT & FUSI
Advertisement
