MMIN vs NBB

Comparison between NYLIM MacKay Muni Insured ETF (MMIN, ETF) and Nuveen Taxable Municipal Income Fund (NBB, ETF).

5-Year PerformanceMMIN has outperformed NBB, delivering a return of +0.3% compared to -1.0%

MMIN vs NBB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MMIN(ETF)	NBB(ETF)
Net Assets	$463M	$464M
Expense Ratio	0.30%	N/A
Max Drawdown	19.91%	42.71%
Sharpe Ratio	0.54	0.21
5Y Beta	0.04	0.16
5Y Dividends CAGR	17.01%	1.16%

Net Assets

MMIN

$463M

Winner

NBB

$464M

Expense Ratio

MMIN

0.30%

NBB

N/A

Max Drawdown

Winner

MMIN

19.91%

NBB

42.71%

Sharpe Ratio

Winner

MMIN

0.54

NBB

0.21

5Y Beta

Winner

MMIN

0.04

NBB

0.16

5Y Dividends CAGR

Winner

MMIN

17.01%

NBB

1.16%

MMIN vs NBB - Historical Returns

Returns include dividend reinvestment.

Period	MMIN	NBB
1 month	-0.94%	+1.61%
3 months	-1.30%	-0.07%
6 months	-1.88%	-2.30%
1 year	+5.68%	+4.70%
5 years(CAGR)	+0.26%	-1.02%
10 years(CAGR)	+2.36%	+2.55%
Max(CAGR)	+2.36%	+5.10%

MMIN

-0.94%

Winner

NBB

+1.61%

MMIN

-1.30%

Winner

NBB

-0.07%

Winner

MMIN

-1.88%

NBB

-2.30%

Winner

MMIN

+5.68%

NBB

+4.70%

5Y(CAGR)

Winner

MMIN

+0.26%

NBB

-1.02%

10Y(CAGR)

MMIN

+2.36%

Winner

NBB

+2.55%

Max(CAGR)

MMIN

+2.36%

Winner

NBB

+5.10%

MMIN vs NBB - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	MMIN	NBB
2026	+0.23%	+2.69%
2025	+4.17%	+12.97%
2024	+1.09%	+1.78%
2023	+6.86%	+7.51%
2022	-11.14%	-24.19%
2021	+1.33%	+2.06%
2020	+7.40%	+13.82%
2019	+8.08%	+18.82%
2018	+1.96%	-6.08%
2017	+1.20%	+12.97%
2016	N/A	+8.81%
2015	N/A	+1.49%
2014	N/A	+22.93%
2013	N/A	-6.71%
2012	N/A	+7.88%
2011	N/A	+18.84%
2010	N/A	-4.27%

MMIN vs NBB Drawdown Comparison

The maximum drawdown for MMIN was -16.87%, occurring on Oct 28, 2022. Recovery took 1067 trading sessions.

The maximum drawdown for NBB was -33.51%, occurring on Oct 19, 2023. This drawdown has not yet recovered.

The current MMIN drawdown is -2.60%. The current NBB drawdown is -6.29%.

Rank	MMIN	NBB
#1	-16.87% Jul 27, 2021 - Oct 24, 2025	-33.51% Sep 15, 2021 - Oct 19, 2023
#2	-13.91% Mar 9, 2020 - Jul 13, 2020	-27.83% Feb 21, 2020 - Aug 6, 2020
#3	-8.85% May 16, 2018 - Aug 1, 2019	-16.99% May 1, 2013 - May 29, 2014
#4	-2.87% Feb 27, 2026 - Jun 16, 2026	-12.58% Oct 13, 2010 - Aug 3, 2011
#5	-2.60% Feb 16, 2021 - Jun 9, 2021	-12.45% Sep 6, 2016 - Aug 31, 2017
#6	-2.60% Jun 30, 2026 - Aug 28, 2026	-10.51% Jan 4, 2018 - Mar 25, 2019
#7	-2.26% Feb 5, 2018 - May 16, 2018	-9.87% Feb 2, 2015 - Jan 15, 2016
#8	-2.00% Aug 10, 2020 - Nov 20, 2020	-8.79% Jan 27, 2021 - Jul 8, 2021
#9	-1.90% Aug 28, 2019 - Oct 8, 2019	-7.38% Feb 8, 2012 - May 30, 2012
#10	-1.78% Oct 9, 2019 - Jan 6, 2020	-5.80% Sep 3, 2019 - Jan 15, 2020
#11	-0.54% Oct 24, 2025 - Nov 28, 2025	-5.77% Aug 1, 2012 - Nov 8, 2012
#12	-0.53% Jun 14, 2021 - Jul 8, 2021	-5.39% Aug 7, 2020 - Dec 2, 2020
#13	-0.46% Nov 28, 2025 - Dec 19, 2025	-3.81% Nov 12, 2012 - Jan 11, 2013
#14	-0.46% Jan 14, 2026 - Jan 30, 2026	-3.74% Oct 16, 2017 - Dec 6, 2017
#15	-0.38% Jan 31, 2020 - Feb 19, 2020	-3.33% Aug 29, 2014 - Oct 15, 2014

Correlation

Correlation between MMIN and NBB is 0.89 which considered as a strong positive correlation - the stocks tend to move together.

0.89

-101

Dividend Comparison (2010 - 2026)

MMIN vs NBB dividend yield comparison.

Year	MMIN	NBB
2026	2.38%	5.00%
2025	4.07%	7.33%
2024	3.96%	6.96%
2023	3.73%	8.33%
2022	2.93%	7.86%
2021	1.72%	5.50%
2020	2.21%	4.67%
2019	2.75%	5.54%
2018	2.78%	6.38%
2017	0.48%	5.62%
2016	0.00%	6.35%
2015	0.00%	6.79%
2014	0.00%	6.57%
2013	0.00%	7.53%
2012	0.00%	6.24%
2011	0.00%	6.84%
2010	0.00%	4.46%