MMCA vs FLMB

Comparison between NYLI MACKAY CALIFORNIA MUNI INTERMEDIATE ETF (MMCA, ETF) and FRANKLIN MUNICIPAL GREEN BOND ETF (FLMB, ETF).

MMCA vs FLMB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MMCA(ETF)	FLMB(ETF)
Net Assets	$82M	$83M
Expense Ratio	0.36%	0.30%
Max Drawdown	17.98%	20.72%
Sharpe Ratio	0.98	1.23
5Y Beta	0.03	0.01
5Y Dividends CAGR	N/A	14.58%

Net Assets

MMCA

$82M

Winner

FLMB

$83M

Expense Ratio

MMCA

0.36%

Winner

FLMB

0.30%

Max Drawdown

Winner

MMCA

17.98%

FLMB

20.72%

Sharpe Ratio

MMCA

0.98

Winner

FLMB

1.23

5Y Beta

MMCA

0.03

Winner

FLMB

0.01

5Y Dividends CAGR

MMCA

N/A

FLMB

14.58%

MMCA vs FLMB - Historical Returns

Returns include dividend reinvestment.

Period	MMCA	FLMB
1 month	+0.49%	+0.73%
3 months	-0.52%	+0.53%
6 months	+1.19%	+2.38%
1 year	+6.34%	+8.45%
5 years(CAGR)	+0.17%	+0.64%
10 years(CAGR)	N/A	+2.33%
Max(CAGR)	+0.17%	+2.33%

MMCA

+0.49%

Winner

FLMB

+0.73%

MMCA

-0.52%

Winner

FLMB

+0.53%

MMCA

+1.19%

Winner

FLMB

+2.38%

MMCA

+6.34%

Winner

FLMB

+8.45%

5Y(CAGR)

MMCA

+0.17%

Winner

FLMB

+0.64%

10Y(CAGR)

MMCA

N/A

FLMB

+2.33%

Max(CAGR)

MMCA

+0.17%

Winner

FLMB

+2.33%

MMCA vs FLMB - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	MMCA	FLMB
2026	+0.76%	+1.97%
2025	+5.53%	+3.70%
2024	+1.70%	+2.63%
2023	+5.62%	+7.35%
2022	-12.10%	-12.02%
2021	+0.01%	+0.71%
2020	N/A	+7.37%
2019	N/A	+8.70%
2018	N/A	+0.42%
2017	N/A	+0.62%

MMCA vs FLMB Drawdown Comparison

The maximum drawdown for MMCA was -15.97%, occurring on Oct 27, 2022. Recovery took 1011 trading sessions.

The maximum drawdown for FLMB was -17.90%, occurring on Oct 26, 2022. Recovery took 1121 trading sessions.

The current MMCA drawdown is -1.36%. The current FLMB drawdown is -0.42%.

Rank	MMCA	FLMB
#1	-15.97% Dec 22, 2021 - Jan 5, 2026	-17.90% Jul 20, 2021 - Jan 6, 2026
#2	-3.01% Feb 27, 2026 - Mar 26, 2026	-13.94% Mar 9, 2020 - Jul 22, 2020
#3	-0.32% Jan 16, 2026 - Jan 30, 2026	-4.08% Dec 6, 2017 - Jan 3, 2019
#4	-0.06% Feb 2, 2026 - Feb 4, 2026	-3.52% Feb 11, 2021 - Jul 8, 2021
#5	-0.05% Feb 10, 2026 - Feb 12, 2026	-3.25% Feb 27, 2026 - Mar 27, 2026
#6	-0.04% Jan 9, 2026 - Jan 13, 2026	-2.34% Aug 20, 2019 - Jan 8, 2020
#7	-0.04% Jan 14, 2026 - Jan 16, 2026	-2.08% Aug 10, 2020 - Nov 30, 2020
#8	-0.00% Jan 7, 2026 - Jan 9, 2026	-0.53% Mar 27, 2019 - Apr 24, 2019
#9	N/A	-0.48% Jan 8, 2026 - Feb 2, 2026
#10	N/A	-0.47% Jan 3, 2019 - Jan 31, 2019
#11	N/A	-0.45% Jan 31, 2020 - Feb 18, 2020
#12	N/A	-0.40% Jan 4, 2021 - Jan 21, 2021
#13	N/A	-0.32% Sep 29, 2017 - Nov 30, 2017
#14	N/A	-0.25% Jul 8, 2021 - Jul 16, 2021
#15	N/A	-0.23% Jan 16, 2020 - Jan 23, 2020