LRND vs PMM
Comparison between NYLI U.S. LARGE CAP R&D LEADERS ETF (LRND, ETF) and Putnam Managed Municipal Income Trust. (PMM, ETF).
LRND vs PMM - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
LRND
$287M
PMM
$287M
Expense Ratio
LRND
0.14%
PMM
N/A
Max Drawdown
Winner
LRND
25.97%
PMM
55.45%
Sharpe Ratio
Winner
LRND
1.52
PMM
0.75
5Y Beta
LRND
1.09
Winner
PMM
0.25
P/E Ratio
LRND
34.64
PMM
N/A
Forward P/E
LRND
26.76
PMM
N/A
PEG Ratio
LRND
0.57
PMM
N/A
5Y Dividends CAGR
LRND
N/A
PMM
-5.23%
5Y EPS CAGR
LRND
37.31%
PMM
N/A
Debt to Equity
LRND
55.93%
PMM
N/A
P/S Ratio
LRND
8.68
PMM
N/A
P/B Ratio
LRND
11.90
PMM
N/A
LRND vs PMM - Historical Returns
Returns include dividend reinvestment.
1M
Winner
LRND
+3.32%
PMM
+1.08%
3M
Winner
LRND
+12.33%
PMM
-1.47%
6M
Winner
LRND
+7.78%
PMM
+1.95%
1Y
Winner
LRND
+30.30%
PMM
+11.94%
5Y(CAGR)
Winner
LRND
+15.29%
PMM
-1.23%
10Y(CAGR)
LRND
N/A
PMM
+2.68%
Max(CAGR)
Winner
LRND
+15.29%
PMM
+4.11%
LRND vs PMM - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | LRND | PMM |
|---|---|---|
| 2026 | +8.89% | +2.49% |
| 2025 | +20.44% | +9.59% |
| 2024 | +22.47% | +3.02% |
| 2023 | +43.76% | +2.56% |
| 2022 | -19.33% | -24.71% |
| 2021 | N/A | +14.43% |
| 2020 | N/A | +5.39% |
| 2019 | N/A | +20.89% |
| 2018 | N/A | -4.36% |
| 2017 | N/A | +8.41% |
| 2016 | N/A | +1.50% |
| 2015 | N/A | +8.42% |
| 2014 | N/A | +16.71% |
| 2013 | N/A | -14.18% |
| 2012 | N/A | +13.90% |
| 2011 | N/A | +16.72% |
| 2010 | N/A | +11.36% |
| 2009 | N/A | +39.05% |
| 2008 | N/A | -23.78% |
| 2007 | N/A | -4.68% |
| 2006 | N/A | +13.52% |
| 2005 | N/A | +5.00% |
| 2004 | N/A | +4.05% |
| 2003 | N/A | +7.27% |
| 2002 | N/A | -1.93% |
| 2001 | N/A | +2.95% |
| 2000 | N/A | -2.73% |
| 1999 | N/A | -18.75% |
LRND vs PMM Drawdown Comparison
The maximum drawdown for LRND was -25.44%, occurring on Oct 14, 2022. Recovery took 303 trading sessions.
The maximum drawdown for PMM was -38.66%, occurring on Dec 12, 2008. Recovery took 604 trading sessions.
The current LRND drawdown is -4.10%. The current PMM drawdown is -12.13%.
| Rank | LRND | PMM |
|---|---|---|
| #1 | -25.44% Mar 29, 2022 - Jun 13, 2023 | -38.66% May 15, 2007 - Oct 6, 2009 |
| #2 | -21.06% Feb 19, 2025 - Jun 26, 2025 | -37.70% Dec 23, 2021 - Oct 25, 2023 |
| #3 | -13.83% Oct 29, 2025 - Apr 17, 2026 | -29.07% Feb 25, 2020 - Dec 31, 2020 |
| #4 | -11.98% Jul 10, 2024 - Nov 6, 2024 | -23.55% Aug 23, 2000 - May 23, 2005 |
| #5 | -9.75% Jul 28, 2023 - Nov 20, 2023 | -22.09% Jan 25, 2013 - Oct 22, 2015 |
| #6 | -9.20% Feb 9, 2022 - Mar 28, 2022 | -19.37% Nov 1, 1999 - Aug 17, 2000 |
| #7 | -6.06% Mar 28, 2024 - May 15, 2024 | -15.50% Oct 19, 2010 - Jul 22, 2011 |
| #8 | -4.51% Dec 16, 2024 - Jan 23, 2025 | -12.72% Sep 28, 2016 - Sep 13, 2017 |
| #9 | -4.10% Jun 2, 2026 - Jun 5, 2026 | -10.42% Aug 25, 2005 - Aug 15, 2006 |
| #10 | -4.01% Nov 7, 2024 - Dec 4, 2024 | -9.63% Sep 15, 2017 - Feb 8, 2019 |
| #11 | -3.14% Jun 15, 2023 - Jul 13, 2023 | -8.11% Mar 8, 2012 - May 9, 2012 |
| #12 | -2.90% Oct 9, 2025 - Oct 24, 2025 | -8.09% Jul 22, 2011 - Aug 22, 2011 |
| #13 | -2.74% Jul 24, 2025 - Aug 12, 2025 | -7.15% Oct 3, 2012 - Jan 8, 2013 |
| #14 | -2.46% Sep 22, 2025 - Oct 6, 2025 | -6.40% Jun 25, 2021 - Nov 18, 2021 |
| #15 | -2.33% May 14, 2026 - May 28, 2026 | -6.36% Oct 6, 2009 - Jan 15, 2010 |
Correlation
Correlation between LRND and PMM is 0.71 which considered as a strong positive correlation - the stocks tend to move together.
0.71
-101
Dividend Comparison (2000 - 2026)
LRND vs PMM dividend yield comparison.
| Year | LRND | PMM |
|---|---|---|
| 2026 | 0.09% | 2.13% |
| 2025 | 0.67% | 4.90% |
| 2024 | 0.97% | 4.78% |
| 2023 | 1.22% | 5.10% |
| 2022 | 1.32% | 6.11% |
| 2021 | 0.00% | 4.38% |
| 2020 | 0.00% | 4.76% |
| 2019 | 0.00% | 4.81% |
| 2018 | 0.00% | 5.42% |
| 2017 | 0.00% | 5.38% |
| 2016 | 0.00% | 6.09% |
| 2015 | 0.00% | 5.92% |
| 2014 | 0.00% | 6.22% |
| 2013 | 0.00% | 7.03% |
| 2012 | 0.00% | 5.79% |
| 2011 | 0.00% | 7.00% |
| 2010 | 0.00% | 7.59% |
| 2009 | 0.00% | 7.05% |
| 2008 | 0.00% | 8.29% |
| 2007 | 0.00% | 5.86% |
| 2006 | 0.00% | 5.33% |
| 2005 | 0.00% | 6.04% |
| 2004 | 0.00% | 7.08% |
| 2003 | 0.00% | 7.60% |
| 2002 | 0.00% | 7.71% |
| 2001 | 0.00% | 7.17% |
| 2000 | 0.00% | 2.97% |
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