MMMAvsBSMVETF Comparison
VS
NYLI MacKay Muni Allocation ETF (MMMA) and Invesco BulletShares 2031 Municipal Bond ETF (BSMV) belong to the same industry segment: Municipal Bonds. Both ETFs have the same top 1 sector exposures: Municipal. MMMA is more expensive with a Total Expense Ratio (TER) of 0.69%, versus 0.18% for BSMV. MMMA is up 1.73% year-to-date (YTD) with +$3M in YTD flows. BSMV performs worse with -0.67% YTD performance, and +$36M in YTD flows. Run a side-by-side ETF comparison of MMMA and BSMV 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
MMMA vs BSMV performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/02/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | MMMA BSMV | -0.54%-0.37% | -1.28%-1.28% | +1.73%-0.67% | n/a+2.20% | n/a+8.59% | n/an/a |
| Flows | MMMA BSMV | -+$6M | +$1M+$10M | +$3M+$36M | -+$80M | -+$165M | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | MMMA BSMV | +2.72%+2.07% | n/a+2.02% | n/a+3.72% | n/an/a |
| Max drawdown | MMMA BSMV | -2.18%-1.61% | n/a-2.60% | n/a-5.17% | n/an/a |
| Max drawdown duration | MMMA BSMV | 58d58d | n/a185d | n/a271d | n/an/a |
Trading data
MMMA | BSMV | |
Last sale 9/3/2026 at 7:33 PM | $20.61 | |
| Previous close 09/02/2026 | $20.60 | |
| Consolidated volume 09/02/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of August 31, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
MMMA
is actively managed and doesn’t replicate an indexMMMA | BSMV | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 9/3/2026 at 7:33 PM
Live
Closed
MMMA | BSMV | |
|---|---|---|
| Last price | – | $20.61 |
| 1D performance | – | +0.04% |
| AuM | $28.49 M | $191.04 M |
| E/R | 0.69% | 0.18% |
Characteristics
MMMA | BSMV | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | New York Life Investments | Invesco |
| Benchmark | - | Invesco BulletShares USD Municipal Bond 2031 Index |
| N° of holdings | 26 | 650 |
| Asset class | - | Fixed Income |
| Trailing 12m distribution yield | Join | Join |
| Inception date | December 16, 2025 | September 15, 2021 |
| ESG | No | No |
Advertisement
Exposure
Countries
MMMA
USA
53.34%
Other
46.66%
BSMV
USA
53.44%
Other
46.56%
Sectors
MMMA
Municipal
53.34%
Other
46.66%
BSMV
Municipal
53.44%
Other
46.56%
Advertisement
Diversification
MMMA
Total weight of top 15 holdings out of 15
52.14%
BSMV
Total weight of top 15 holdings out of 15
5.62%
Top 15 holdings
Data as of July 31, 2026
MMMA
US63877NPK71
4.36%
US8371516N47
3.98%
US64763FL986
3.69%
Black Belt Energy Gas District, 5% 1dec2034, USD (2026)
3.67%
Chicago O'Hare International Airport, 5.5% 1jan2048, USD (2025E)
3.66%
Northern California Energy Authority, 5% 1dec2054, USD (2024)
3.65%
Illinois Toll Highway Authority, 5% 1jan2037, USD
3.64%
Equitable School Revolving Fund, 5.25% 1nov2053, USD (2023A)
3.54%
Chicago Board of Education, 6% 1apr2046, USD (2017)
3.53%
US24917QBP81
3.52%
US63607WBN39
3.28%
US59261ACR68
3.11%
Colorado Health Facilities Authority, 4% 1aug2049, USD (2019A-2)
3.01%
US03843TBE01
2.81%
Denver Airport System, 5.5% 15nov2053, USD (2022A)
2.72%
BSMV
Triborough Bridge and Tunnel Authority, 5% 15may2051, USD (2021A)
0.67%
Illinois Toll Highway Authority, 5% 1jan2045, USD
0.62%
New Jersey, 4% 1jun2031, USD
0.62%
University of California, 5% 15may2046, USD
0.34%
US13032UE388
0.34%
California, 4% 1oct2041, USD
0.33%
California, 5% 1sep2041, USD
0.32%
New York Dormitory Authority, 5% 15aug2002, USD
0.31%
US45884AC273
0.31%
US13063DM705
0.30%
Massachusetts, 5% 1sep2031, USD (2021)
0.30%
Triborough Bridge and Tunnel Authority, 5% 15nov2051, USD (2021A)
0.30%
US646140JN47
0.30%
Maryland, 5% 1mar2034, USD
0.29%
New York Dormitory Authority, 5% 1oct2037, USD (2023A)
0.27%
Frequently asked questions about MMMA and BSMV
How have the MMMA and BSMV ETFs performed in 2026?
As of September 2, 2026, MMMA is up 1.73% year-to-date (YTD), while BSMV has lost -0.67%. That puts MMMA better performer ahead so far this year.
Which ETF is attracting more investor money: MMMA or BSMV?
Year-to-date, the MMMA ETF saw +$3M in flows, compared to +$36M for BSMV.
Which ETF is bigger: MMMA or BSMV?
As of September 2, 2026, MMMA holds $28.49 M in assets under management (AUM), while BSMV manages $191.04 M.
What sectors do the MMMA and BSMV ETFs invest in?
MMMA leans toward sectors like Municipal. Meanwhile, BSMV focuses on Municipal.
What are the top holdings of the MMMA ETF and BSMV ETF?
MMMA top holdings include US63877NPK71, US8371516N47 and US64763FL986. BSMV holds in its top three: Triborough Bridge and Tunnel Authority, 5% 15may2051, USD (2021A), Illinois Toll Highway Authority, 5% 1jan2045, USD and New Jersey, 4% 1jun2031, USD.
Which ETF is more diversified: MMMA or BSMV?
MMMA holds 49 securities with 52.14% of its assets in the top 15. BSMV has 1482 securities and a top 15 weight of 5.62%.
Advertisement
Advertisement
