MMD vs GOCT

Comparison between MainStay MacKay DefinedTerm Municipal Opportunities Fund (MMD, ETF) and FT VEST U.S. EQUITY MODERATE BUFFER ETF - OCTOBER (GOCT, ETF).

MMD vs GOCT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MMD(ETF)	GOCT(ETF)
Net Assets	$308M	$307M
Expense Ratio	N/A	0.85%
Max Drawdown	39.44%	10.47%
Sharpe Ratio	0.80	1.72
5Y Beta	0.16	0.46
5Y Dividends CAGR	-5.85%	N/A

Net Assets

Winner

MMD

$308M

GOCT

$307M

Expense Ratio

MMD

N/A

GOCT

0.85%

Max Drawdown

MMD

39.44%

Winner

GOCT

10.47%

Sharpe Ratio

MMD

0.80

Winner

GOCT

1.72

5Y Beta

Winner

MMD

0.16

GOCT

0.46

5Y Dividends CAGR

MMD

-5.85%

GOCT

N/A

MMD vs GOCT - Historical Returns

Returns include dividend reinvestment.

Period	MMD	GOCT
1 month	+2.70%	+1.17%
3 months	+3.28%	+6.18%
6 months	+6.07%	+6.02%
1 year	+10.73%	+15.58%
5 years(CAGR)	-2.26%	N/A
10 years(CAGR)	+2.39%	N/A
Max(CAGR)	+3.84%	+12.55%

Winner

MMD

+2.70%

GOCT

+1.17%

MMD

+3.28%

Winner

GOCT

+6.18%

Winner

MMD

+6.07%

GOCT

+6.02%

MMD

+10.73%

Winner

GOCT

+15.58%

5Y(CAGR)

MMD

-2.26%

GOCT

N/A

10Y(CAGR)

MMD

+2.39%

GOCT

N/A

Max(CAGR)

MMD

+3.84%

Winner

GOCT

+12.55%

MMD vs GOCT - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	MMD	GOCT
2026	+5.72%	+5.48%
2025	+3.28%	+12.39%
2024	-4.81%	+8.35%
2023	+4.24%	+6.59%
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 GOCT 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 GOCT was -10.47%, occurring on Apr 8, 2025. Recovery took 77 trading sessions.

The current MMD drawdown is -15.02%. The current GOCT drawdown is -0.01%.

Rank	MMD	GOCT
#1	-30.12% Aug 9, 2021 - Oct 27, 2023	-10.47% Feb 19, 2025 - Jun 10, 2025
#2	-25.16% Jan 11, 2013 - Oct 17, 2014	-4.40% Feb 2, 2026 - Apr 13, 2026
#3	-24.57% Feb 13, 2020 - Dec 2, 2020	-2.48% Oct 27, 2025 - Dec 3, 2025
#4	-11.66% Jul 7, 2016 - May 31, 2017	-1.83% Dec 6, 2024 - Jan 21, 2025
#5	-8.45% Apr 23, 2015 - Nov 23, 2015	-1.70% Jul 31, 2024 - Aug 13, 2024
#6	-6.58% Dec 14, 2017 - Jul 16, 2018	-1.62% Oct 24, 2023 - Nov 1, 2023
#7	-6.20% Dec 12, 2012 - Jan 11, 2013	-1.44% Oct 18, 2024 - Nov 6, 2024
#8	-5.57% Sep 10, 2018 - Dec 14, 2018	-1.35% Jun 4, 2026 - Jun 15, 2026
#9	-5.40% Feb 9, 2021 - Apr 13, 2021	-1.19% Jan 12, 2026 - Jan 26, 2026
#10	-5.09% Sep 15, 2017 - Dec 7, 2017	-1.17% Apr 1, 2024 - May 3, 2024
#11	-3.90% Feb 5, 2015 - Apr 14, 2015	-1.16% Jul 28, 2025 - Aug 8, 2025
#12	-3.56% Dec 14, 2018 - Feb 7, 2019	-1.11% Dec 11, 2025 - Dec 22, 2025
#13	-3.54% May 11, 2016 - Jun 22, 2016	-0.94% Nov 11, 2024 - Nov 25, 2024
#14	-3.54% May 27, 2021 - Jul 28, 2021	-0.86% Oct 8, 2025 - Oct 15, 2025
#15	-3.28% Nov 11, 2014 - Dec 30, 2014	-0.77% Jan 23, 2025 - Feb 6, 2025