MMCA vs HYTI
Comparison between NYLI MACKAY CALIFORNIA MUNI INTERMEDIATE ETF (MMCA, ETF) and FT VEST HIGH YIELD & TARGET INCOME ETF (HYTI, ETF).
MMCA vs HYTI - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
MMCA
$82M
HYTI
$82M
Expense Ratio
Winner
MMCA
0.36%
HYTI
0.65%
Max Drawdown
MMCA
17.98%
Winner
HYTI
5.76%
Sharpe Ratio
Winner
MMCA
0.98
HYTI
0.65
5Y Beta
Winner
MMCA
0.03
HYTI
0.22
MMCA vs HYTI - Historical Returns
Returns include dividend reinvestment.
1M
Winner
MMCA
+0.49%
HYTI
-0.29%
3M
MMCA
-0.52%
Winner
HYTI
+0.93%
6M
MMCA
+1.19%
Winner
HYTI
+1.76%
1Y
Winner
MMCA
+6.34%
HYTI
+6.33%
5Y(CAGR)
MMCA
+0.17%
HYTI
N/A
Max(CAGR)
MMCA
+0.17%
Winner
HYTI
+6.31%
MMCA vs HYTI - Annual Returns (2021 - 2026)
Returns include dividend reinvestment.
| Year | MMCA | HYTI |
|---|---|---|
| 2026 | +0.76% | +1.17% |
| 2025 | +5.53% | +7.00% |
| 2024 | +1.70% | N/A |
| 2023 | +5.62% | N/A |
| 2022 | -12.10% | N/A |
| 2021 | +0.01% | N/A |
MMCA vs HYTI Drawdown Comparison
The maximum drawdown for MMCA was -15.97%, occurring on Oct 27, 2022. Recovery took 1011 trading sessions.
The maximum drawdown for HYTI was -4.48%, occurring on Apr 8, 2025. Recovery took 50 trading sessions.
The current MMCA drawdown is -1.36%. The current HYTI drawdown is -0.65%.
| Rank | MMCA | HYTI |
|---|---|---|
| #1 | -15.97% Dec 22, 2021 - Jan 5, 2026 | -4.48% Feb 26, 2025 - May 8, 2025 |
| #2 | -3.01% Feb 27, 2026 - Mar 26, 2026 | -2.38% Feb 13, 2026 - Apr 14, 2026 |
| #3 | -0.32% Jan 16, 2026 - Jan 30, 2026 | -1.20% Sep 22, 2025 - Oct 27, 2025 |
| #4 | -0.06% Feb 2, 2026 - Feb 4, 2026 | -0.87% Apr 17, 2026 - Jun 1, 2026 |
| #5 | -0.05% Feb 10, 2026 - Feb 12, 2026 | -0.81% Oct 27, 2025 - Nov 21, 2025 |
| #6 | -0.04% Jan 9, 2026 - Jan 13, 2026 | -0.75% Jul 3, 2025 - Aug 5, 2025 |
| #7 | -0.04% Jan 14, 2026 - Jan 16, 2026 | -0.74% May 12, 2025 - May 27, 2025 |
| #8 | -0.00% Jan 7, 2026 - Jan 9, 2026 | -0.65% Jun 1, 2026 - Jun 5, 2026 |
| #9 | N/A | -0.46% Feb 2, 2026 - Feb 13, 2026 |
| #10 | N/A | -0.44% Jun 11, 2025 - Jun 18, 2025 |
| #11 | N/A | -0.36% Apr 15, 2026 - Apr 17, 2026 |
| #12 | N/A | -0.35% May 27, 2025 - Jun 4, 2025 |
| #13 | N/A | -0.31% Dec 4, 2025 - Dec 17, 2025 |
| #14 | N/A | -0.30% Jun 4, 2025 - Jun 11, 2025 |
| #15 | N/A | -0.28% Sep 15, 2025 - Sep 22, 2025 |
Correlation
Correlation between MMCA and HYTI is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.
0.93
-101
Dividend Comparison (2021 - 2026)
MMCA vs HYTI dividend yield comparison.
| Year | MMCA | HYTI |
|---|---|---|
| 2026 | 1.34% | 5.20% |
| 2025 | 3.39% | 8.10% |
| 2024 | 3.66% | 0.00% |
| 2023 | 3.57% | 0.00% |
| 2022 | 2.90% | 0.00% |
| 2021 | 0.05% | 0.00% |
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