BITA vs MMMA

Comparison between iShares Bitcoin Premium Income ETF (BITA, ETF) and NYLI MACKAY MUNI ALLOCATION ETF (MMMA, ETF).

BITA vs MMMA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BITA(ETF)	MMMA(ETF)
Net Assets	$28M	$28M
Expense Ratio	0.65%	0.35%
Max Drawdown	8.67%	3.11%
Sharpe Ratio	0.69	0.42
5Y Beta	0.97	0.11

Net Assets

BITA

$28M

Winner

MMMA

$28M

Expense Ratio

BITA

0.65%

Winner

MMMA

0.35%

Max Drawdown

BITA

8.67%

Winner

MMMA

3.11%

Sharpe Ratio

Winner

BITA

0.69

MMMA

0.42

5Y Beta

BITA

0.97

Winner

MMMA

0.11

BITA vs MMMA - Historical Returns

Returns include dividend reinvestment.

Period	BITA	MMMA
1 month	+3.30%	-0.69%
3 months	N/A	+0.32%
6 months	N/A	+1.81%
Max(CAGR)	+20.77%	+5.40%

Winner

BITA

+3.30%

MMMA

-0.69%

BITA

N/A

MMMA

+0.32%

BITA

N/A

MMMA

+1.81%

Max(CAGR)

Winner

BITA

+20.77%

MMMA

+5.40%

BITA vs MMMA - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	BITA	MMMA
2026	+1.82%	+2.65%
2025	N/A	+0.33%

BITA vs MMMA Drawdown Comparison

The maximum drawdown for BITA was -8.67%, occurring on Jun 30, 2026. Recovery took 19 trading sessions.

The maximum drawdown for MMMA was -2.79%, occurring on Mar 24, 2026. Recovery took 66 trading sessions.

The current MMMA drawdown is -1.26%.

Rank	BITA	MMMA
#1	-8.67% Jun 16, 2026 - Jul 15, 2026	-2.79% Feb 26, 2026 - Jun 2, 2026
#2	-0.91% Jul 15, 2026 - Jul 20, 2026	-1.26% Jul 6, 2026 - Jul 21, 2026
#3	N/A	-0.36% Jan 21, 2026 - Jan 27, 2026
#4	N/A	-0.36% Jun 4, 2026 - Jun 15, 2026
#5	N/A	-0.31% Jan 14, 2026 - Jan 21, 2026
#6	N/A	-0.24% Feb 10, 2026 - Feb 12, 2026
#7	N/A	-0.21% Dec 24, 2025 - Dec 29, 2025
#8	N/A	-0.21% Jun 15, 2026 - Jun 18, 2026
#9	N/A	-0.20% Jan 7, 2026 - Jan 9, 2026
#10	N/A	-0.18% Jan 9, 2026 - Jan 14, 2026
#11	N/A	-0.13% Jun 29, 2026 - Jul 6, 2026
#12	N/A	-0.11% Jun 2, 2026 - Jun 4, 2026
#13	N/A	-0.10% Feb 5, 2026 - Feb 9, 2026
#14	N/A	-0.09% Jun 22, 2026 - Jun 24, 2026
#15	N/A	-0.06% Dec 30, 2025 - Jan 2, 2026

Correlation

Correlation between BITA and MMMA is -1.00 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-1.00

-101