MMMAvsJTNYETF Comparison
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NYLI MacKay Muni Allocation ETF (MMMA) and JPMorgan New York Tax Free Bond ETF (JTNY) 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 0.43% for JTNY. Run a side-by-side ETF comparison of MMMA and JTNY below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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MMMA vs JTNY 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 JTNY | -0.54%-0.79% | -1.28%n/a | +1.73%n/a | n/an/a | n/an/a | n/an/a |
| Flows | MMMA JTNY | --$2M | +$1M- | +$3M- | -- | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | MMMA JTNY | +2.72%n/a | n/an/a | n/an/a | n/an/a |
| Max drawdown | MMMA JTNY | -2.18%n/a | n/an/a | n/an/a | n/an/a |
| Max drawdown duration | MMMA JTNY | 58dn/a | n/an/a | n/an/a | n/an/a |
Trading data
MMMA | JTNY | |
Last sale 9/3/2026 at 1:30 PM | $48.59 | |
| Previous close 09/02/2026 | $48.69 | |
| Consolidated volume 09/02/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 9/3/2026 at 1:30 PM
Live
Closed
MMMA | JTNY | |
|---|---|---|
| Last price | – | $48.59 |
| 1D performance | – | -0.21% |
| AuM | $28.49 M | $443.86 M |
| E/R | 0.69% | 0.43% |
Characteristics
MMMA | JTNY | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | New York Life Investments | J.P. Morgan Asset Management |
| Benchmark | - | - |
| N° of holdings | 26 | 120 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | December 16, 2025 | June 12, 2026 |
| ESG | No | No |
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Exposure
Countries
MMMA
USA
53.34%
Other
46.66%
JTNY
USA
53.06%
Other
46.94%
Sectors
MMMA
Municipal
53.34%
Other
46.66%
JTNY
Municipal
53.06%
Other
46.94%
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Diversification
MMMA
Total weight of top 15 holdings out of 15
52.14%
JTNY
Total weight of top 15 holdings out of 15
17.43%
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%
JTNY
New York Mortgage Agency, FRN 1apr2047, USD
1.79%
US64986MC780
1.70%
Oyster Bay, 4% 21aug2026, USD (2025)
1.34%
New York Municipal Water Finance Authority, FRN 15jun2049, USD
1.34%
US64972JP283
1.20%
US650860AZ26
1.13%
US6492284K61
1.13%
City of Albany, 4% 19mar2027, USD (2026)
1.12%
US64985TCR05
1.07%
New York Trust for Cultural Resources, 5% 1aug2036, USD (2026)
1.02%
US64988YS811
0.94%
New York Transitional Finance Authority, 5% 15jul2034, USD
0.92%
US650028H717
0.92%
City of New York, 4% 1aug2018, USD (2014)
0.90%
US649845JD74
0.90%
Frequently asked questions about MMMA and JTNY
Which ETF is bigger: MMMA or JTNY?
As of September 2, 2026, MMMA holds $28.49 M in assets under management (AUM), while JTNY manages $443.86 M.
What sectors do the MMMA and JTNY ETFs invest in?
MMMA leans toward sectors like Municipal. Meanwhile, JTNY focuses on Municipal.
What are the top holdings of the MMMA ETF and JTNY ETF?
MMMA top holdings include US63877NPK71, US8371516N47 and US64763FL986. JTNY holds in its top three: New York Mortgage Agency, FRN 1apr2047, USD, US64986MC780 and Oyster Bay, 4% 21aug2026, USD (2025).
Which ETF is more diversified: MMMA or JTNY?
MMMA holds 49 securities with 52.14% of its assets in the top 15. JTNY has 234 securities and a top 15 weight of 17.43%.
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