MMD vs DECU
Comparison between MainStay MacKay DefinedTerm Municipal Opportunities Fund (MMD, ETF) and ALLIANZIM U.S. EQUITY BUFFER15 UNCAPPED DEC ETF (DECU, ETF).
MMD vs DECU - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
MMD
$307M
Winner
DECU
$307M
Expense Ratio
MMD
N/A
DECU
0.74%
Max Drawdown
MMD
39.44%
Winner
DECU
10.66%
Sharpe Ratio
MMD
0.88
Winner
DECU
1.32
5Y Beta
Winner
MMD
0.17
DECU
0.58
5Y Dividends CAGR
MMD
-4.51%
DECU
N/A
MMD vs DECU - Historical Returns
Returns include dividend reinvestment.
1M
Winner
MMD
+2.26%
DECU
+1.30%
3M
MMD
+0.34%
Winner
DECU
+6.01%
6M
MMD
+5.00%
Winner
DECU
+5.33%
1Y
MMD
+10.83%
Winner
DECU
+16.82%
5Y(CAGR)
MMD
-2.72%
DECU
N/A
10Y(CAGR)
MMD
+2.35%
DECU
N/A
Max(CAGR)
MMD
+3.76%
Winner
DECU
+9.98%
MMD vs DECU - Annual Returns (2012 - 2026)
Returns include dividend reinvestment.
| Year | MMD | DECU |
|---|---|---|
| 2026 | +4.51% | +5.74% |
| 2025 | +3.28% | +11.75% |
| 2024 | -4.81% | -2.04% |
| 2023 | +4.24% | N/A |
| 2022 | -20.66% | N/A |
| 2021 | +4.65% | N/A |
| 2020 | +8.58% | N/A |
| 2019 | +12.10% | N/A |
| 2018 | +3.95% | N/A |
| 2017 | +13.82% | N/A |
| 2016 | +2.65% | N/A |
| 2015 | +9.39% | N/A |
| 2014 | +20.47% | N/A |
| 2013 | -17.78% | N/A |
| 2012 | +4.83% | N/A |
MMD vs DECU Drawdown Comparison
The maximum drawdown for MMD was -30.12%, occurring on Oct 27, 2023. This drawdown has not yet recovered.
The maximum drawdown for DECU was -10.66%, occurring on Apr 8, 2025. Recovery took 103 trading sessions.
The current MMD drawdown is -16.00%. The current DECU drawdown is -2.43%.
| Rank | MMD | DECU |
|---|---|---|
| #1 | -30.12% Aug 9, 2021 - Oct 27, 2023 | -10.66% Jan 30, 2025 - Jun 30, 2025 |
| #2 | -25.16% Jan 11, 2013 - Oct 17, 2014 | -5.65% Jan 12, 2026 - Apr 15, 2026 |
| #3 | -24.57% Feb 13, 2020 - Dec 2, 2020 | -5.20% Oct 28, 2025 - Jan 9, 2026 |
| #4 | -11.66% Jul 7, 2016 - May 31, 2017 | -3.18% Dec 6, 2024 - Jan 23, 2025 |
| #5 | -8.45% Apr 23, 2015 - Nov 23, 2015 | -2.43% Jun 1, 2026 - Jun 5, 2026 |
| #6 | -6.58% Dec 14, 2017 - Jul 16, 2018 | -2.32% Oct 8, 2025 - Oct 24, 2025 |
| #7 | -6.20% Dec 12, 2012 - Jan 11, 2013 | -1.73% Jul 25, 2025 - Aug 12, 2025 |
| #8 | -5.57% Sep 10, 2018 - Dec 14, 2018 | -1.67% May 14, 2026 - May 26, 2026 |
| #9 | -5.40% Feb 9, 2021 - Apr 13, 2021 | -1.33% Jan 23, 2025 - Jan 30, 2025 |
| #10 | -5.09% Sep 15, 2017 - Dec 7, 2017 | -1.23% Aug 14, 2025 - Aug 27, 2025 |
| #11 | -3.90% Feb 5, 2015 - Apr 14, 2015 | -1.15% Aug 28, 2025 - Sep 10, 2025 |
| #12 | -3.56% Dec 14, 2018 - Feb 7, 2019 | -1.00% Sep 22, 2025 - Oct 1, 2025 |
| #13 | -3.54% May 11, 2016 - Jun 22, 2016 | -0.75% Jul 3, 2025 - Jul 17, 2025 |
| #14 | -3.54% May 27, 2021 - Jul 28, 2021 | -0.70% Apr 17, 2026 - Apr 22, 2026 |
| #15 | -3.28% Nov 11, 2014 - Dec 30, 2014 | -0.53% Apr 27, 2026 - Apr 30, 2026 |
Correlation
Correlation between MMD and DECU is 0.81 which considered as a strong positive correlation - the stocks tend to move together.
0.81
-101
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