MMMAvsNHYMETF Comparison
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NYLI MacKay Muni Allocation ETF (MMMA) and Nuveen High Yield Municipal Income ETF (NHYM) 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 0.35% for NHYM. MMMA is up 1.73% year-to-date (YTD) with +$3M in YTD flows. NHYM performs worse with 0.87% YTD performance, and +$48M in YTD flows. Run a side-by-side ETF comparison of MMMA and NHYM 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 NHYM 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 NHYM | -0.54%-1.11% | -1.28%-1.62% | +1.73%+0.87% | n/a+6.84% | n/an/a | n/an/a |
| Flows | MMMA NHYM | -- | +$1M+$1M | +$3M+$48M | -+$50M | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | MMMA NHYM | +2.72%+3.33% | n/a+3.24% | n/an/a | n/an/a |
| Max drawdown | MMMA NHYM | -2.18%-2.78% | n/a-2.78% | n/an/a | n/an/a |
| Max drawdown duration | MMMA NHYM | 58d58d | n/a58d | n/an/a | n/an/a |
Trading data
MMMA | NHYM | |
Last sale 9/3/2026 at 7:29 PM | $24.31 | |
| Previous close 09/02/2026 | $24.31 | |
| 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 7:29 PM
Live
Closed
MMMA | NHYM | |
|---|---|---|
| Last price | – | $24.31 |
| 1D performance | – | +0.00% |
| AuM | $28.49 M | $133.58 M |
| E/R | 0.69% | 0.35% |
Characteristics
MMMA | NHYM | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | New York Life Investments | Nuveen |
| Benchmark | - | - |
| N° of holdings | 26 | 109 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | December 16, 2025 | January 22, 2025 |
| ESG | No | No |
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Exposure
Countries
MMMA
USA
53.34%
Other
46.66%
NHYM
USA
53.11%
Other
46.89%
Sectors
MMMA
Municipal
53.34%
Other
46.66%
NHYM
Municipal
53.11%
Other
46.89%
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Diversification
MMMA
Total weight of top 15 holdings out of 15
52.14%
NHYM
Total weight of top 15 holdings out of 15
17.05%
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%
NHYM
New York Liberty Development Corp., 5% 15nov2044, USD
1.85%
California Statewide Communities Development Authority, 5.25% 1dec2056, USD (2016A)
1.48%
North Carolina Department of Transportation, 5% 30jun2054, USD (2015)
1.43%
Tulsa Municipal Airport Trust, 6.25% 1dec2035, USD (2025)
1.24%
Metropolitan Pier and Exposition Authority, 5% 15jun2050, USD (2020A)
1.23%
Chicago O'Hare International Airport, 5% 1jan2060, USD (2025E)
1.11%
New York Transportation Development Corp., 5.125% 30jun2060, USD (2023)
1.11%
New York Transportation Development Corp., 5% 1jul2046, USD (2016A)
1.09%
Washington Convention Center Public Facilities District, 5% 1jul2058, USD
1.08%
US09182TGL52
0.98%
Chandler Industrial Development Authority, 4% 1jun2049, USD (2019)
0.93%
US92766AAN81
0.92%
Buckeye Tobacco Settlement Financing Authority, 5% 1jun2055, USD (2020B-2)
0.90%
Puerto Rico Sales Tax Financing Corp., 5% 1jul2058, USD
0.89%
US018444CH05
0.81%
Frequently asked questions about MMMA and NHYM
How have the MMMA and NHYM ETFs performed in 2026?
As of September 2, 2026, MMMA is up 1.73% year-to-date (YTD), while NHYM has returned 0.87%. That puts MMMA better performer ahead so far this year.
Which ETF is attracting more investor money: MMMA or NHYM?
Year-to-date, the MMMA ETF saw +$3M in flows, compared to +$48M for NHYM.
Which ETF is bigger: MMMA or NHYM?
As of September 2, 2026, MMMA holds $28.49 M in assets under management (AUM), while NHYM manages $133.58 M.
What sectors do the MMMA and NHYM ETFs invest in?
MMMA leans toward sectors like Municipal. Meanwhile, NHYM focuses on Municipal.
What are the top holdings of the MMMA ETF and NHYM ETF?
MMMA top holdings include US63877NPK71, US8371516N47 and US64763FL986. NHYM holds in its top three: New York Liberty Development Corp., 5% 15nov2044, USD, California Statewide Communities Development Authority, 5.25% 1dec2056, USD (2016A) and North Carolina Department of Transportation, 5% 30jun2054, USD (2015).
Which ETF is more diversified: MMMA or NHYM?
MMMA holds 49 securities with 52.14% of its assets in the top 15. NHYM has 260 securities and a top 15 weight of 17.05%.
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Latest news about MMMA & NHYM
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