METW vs MMMA

Comparison between ROUNDHILL META WEEKLYPAY ETF (METW, ETF) and NYLI MACKAY MUNI ALLOCATION ETF (MMMA, ETF).

METW vs MMMA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	METW(ETF)	MMMA(ETF)
Net Assets	$28M	$28M
Expense Ratio	N/A	0.35%
Max Drawdown	53.89%	3.11%
Sharpe Ratio	-0.58	0.85
5Y Beta	1.74	0.11

Net Assets

METW

$28M

MMMA

$28M

Expense Ratio

METW

N/A

MMMA

0.35%

Max Drawdown

METW

53.89%

Winner

MMMA

3.11%

Sharpe Ratio

METW

-0.58

Winner

MMMA

0.85

5Y Beta

METW

1.74

Winner

MMMA

0.11

METW vs MMMA - Historical Returns

Returns include dividend reinvestment.

Period	METW	MMMA
1 month	-7.52%	+0.79%
3 months	-14.38%	+1.56%
6 months	-16.10%	+3.50%
1 year	-25.37%	N/A
Max(CAGR)	-25.75%	+7.32%

METW

-7.52%

Winner

MMMA

+0.79%

METW

-14.38%

Winner

MMMA

+1.56%

METW

-16.10%

Winner

MMMA

+3.50%

METW

-25.37%

MMMA

N/A

Max(CAGR)

METW

-25.75%

Winner

MMMA

+7.32%

METW vs MMMA - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	METW	MMMA
2026	-16.95%	+2.98%
2025	-8.23%	+0.33%

METW vs MMMA Drawdown Comparison

The maximum drawdown for METW was -40.51%, occurring on Mar 27, 2026. This drawdown has not yet recovered.

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

The current METW drawdown is -35.46%. The current MMMA drawdown is -0.14%.

Rank	METW	MMMA
#1	-40.51% Aug 12, 2025 - Mar 27, 2026	-2.79% Feb 26, 2026 - Jun 2, 2026
#2	-6.67% Jun 30, 2025 - Jul 31, 2025	-0.36% Jan 21, 2026 - Jan 27, 2026
#3	-3.30% Jul 31, 2025 - Aug 4, 2025	-0.36% Jun 4, 2026 - Jun 10, 2026
#4	-2.32% Jun 18, 2025 - Jun 23, 2025	-0.31% Jan 14, 2026 - Jan 21, 2026
#5	-2.28% Aug 4, 2025 - Aug 12, 2025	-0.24% Feb 10, 2026 - Feb 12, 2026
#6	-0.65% Jun 24, 2025 - Jun 26, 2025	-0.21% Dec 24, 2025 - Dec 29, 2025
#7	N/A	-0.20% Jan 7, 2026 - Jan 9, 2026
#8	N/A	-0.18% Jan 9, 2026 - Jan 14, 2026
#9	N/A	-0.11% Jun 2, 2026 - Jun 4, 2026
#10	N/A	-0.10% Feb 5, 2026 - Feb 9, 2026
#11	N/A	-0.06% Dec 30, 2025 - Jan 2, 2026
#12	N/A	-0.03% Jan 2, 2026 - Jan 6, 2026
#13	N/A	-0.03% Dec 18, 2025 - Dec 22, 2025
#14	N/A	-0.02% Dec 16, 2025 - Dec 18, 2025
#15	N/A	-0.02% Feb 19, 2026 - Feb 23, 2026

Correlation

Correlation between METW and MMMA is -0.34 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.34

-101