MMIN vs NFLT

Comparison between NYLI MACKAY MUNI INSURED ETF (MMIN, ETF) and VIRTUS NEWFLEET MULTI-SECTOR BOND ETF (NFLT, ETF).

5-Year PerformanceNFLT has outperformed MMIN, delivering a return of +3.1% compared to +0.7%

MMIN vs NFLT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MMIN(ETF)	NFLT(ETF)
Net Assets	$424M	$424M
Expense Ratio	0.30%	0.50%
Max Drawdown	19.91%	19.24%
Sharpe Ratio	1.29	0.75
5Y Beta	0.03	0.09
5Y Dividends CAGR	16.34%	7.39%

Net Assets

MMIN

$424M

Winner

NFLT

$424M

Expense Ratio

Winner

MMIN

0.30%

NFLT

0.50%

Max Drawdown

MMIN

19.91%

Winner

NFLT

19.24%

Sharpe Ratio

Winner

MMIN

1.29

NFLT

0.75

5Y Beta

Winner

MMIN

0.03

NFLT

0.09

5Y Dividends CAGR

Winner

MMIN

16.34%

NFLT

7.39%

MMIN vs NFLT - Historical Returns

Returns include dividend reinvestment.

Period	MMIN	NFLT
1 month	+0.68%	+0.27%
3 months	+0.66%	+0.33%
6 months	+2.71%	+1.55%
1 year	+8.98%	+7.06%
5 years(CAGR)	+0.72%	+3.12%
10 years(CAGR)	+2.63%	+4.08%
Max(CAGR)	+2.63%	+4.08%

Winner

MMIN

+0.68%

NFLT

+0.27%

Winner

MMIN

+0.66%

NFLT

+0.33%

Winner

MMIN

+2.71%

NFLT

+1.55%

Winner

MMIN

+8.98%

NFLT

+7.06%

5Y(CAGR)

MMIN

+0.72%

Winner

NFLT

+3.12%

10Y(CAGR)

MMIN

+2.63%

Winner

NFLT

+4.08%

Max(CAGR)

MMIN

+2.63%

Winner

NFLT

+4.08%

MMIN vs NFLT - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	MMIN	NFLT
2026	+1.98%	+1.20%
2025	+4.17%	+8.23%
2024	+1.09%	+6.16%
2023	+6.86%	+8.74%
2022	-11.14%	-9.30%
2021	+1.33%	+1.54%
2020	+7.40%	+8.12%
2019	+8.08%	+10.25%
2018	+1.96%	-2.52%
2017	+1.20%	+6.29%
2016	N/A	+7.57%
2015	N/A	-0.21%

MMIN vs NFLT Drawdown Comparison

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

The maximum drawdown for NFLT was -15.17%, occurring on Mar 19, 2020. Recovery took 108 trading sessions.

The current MMIN drawdown is -0.17%. The current NFLT drawdown is -0.50%.

Rank	MMIN	NFLT
#1	-16.87% Jul 27, 2021 - Oct 24, 2025	-15.17% Feb 21, 2020 - Jul 27, 2020
#2	-13.91% Mar 9, 2020 - Jul 13, 2020	-13.41% Sep 14, 2021 - May 21, 2024
#3	-8.85% May 16, 2018 - Aug 1, 2019	-3.72% Jan 5, 2018 - Mar 7, 2019
#4	-2.87% Feb 27, 2026 - Mar 26, 2026	-3.37% Oct 30, 2015 - Mar 21, 2016
#5	-2.60% Feb 16, 2021 - Jun 9, 2021	-2.89% Feb 28, 2025 - May 20, 2025
#6	-2.26% Feb 5, 2018 - May 16, 2018	-2.84% Oct 25, 2016 - Jan 11, 2017
#7	-2.00% Aug 10, 2020 - Nov 20, 2020	-2.41% Feb 23, 2026 - Apr 17, 2026
#8	-1.90% Aug 28, 2019 - Oct 8, 2019	-2.27% Feb 5, 2021 - Jun 9, 2021
#9	-1.78% Oct 9, 2019 - Jan 6, 2020	-1.93% Dec 9, 2024 - Jan 29, 2025
#10	-0.54% Oct 24, 2025 - Nov 28, 2025	-1.80% Oct 1, 2024 - Dec 9, 2024
#11	-0.53% Jun 14, 2021 - Jul 8, 2021	-1.64% Sep 7, 2016 - Oct 7, 2016
#12	-0.46% Nov 28, 2025 - Dec 19, 2025	-1.33% Mar 3, 2017 - Apr 10, 2017
#13	-0.46% Jan 14, 2026 - Jan 30, 2026	-1.13% May 8, 2026 - May 29, 2026
#14	-0.38% Jan 31, 2020 - Feb 19, 2020	-1.03% Oct 16, 2017 - Dec 4, 2017
#15	-0.33% Jan 5, 2021 - Jan 25, 2021	-0.99% Jun 13, 2024 - Jul 10, 2024

Correlation

Correlation between MMIN and NFLT is 0.85 which considered as a strong positive correlation - the stocks tend to move together.

0.85

-101

Dividend Comparison (2015 - 2026)

MMIN vs NFLT dividend yield comparison.

Year	MMIN	NFLT
2026	1.67%	1.97%
2025	4.07%	5.74%
2024	3.96%	5.76%
2023	3.73%	6.02%
2022	2.93%	4.16%
2021	1.72%	3.41%
2020	2.21%	3.63%
2019	2.75%	4.33%
2018	2.78%	4.81%
2017	0.48%	6.23%
2016	0.00%	5.30%
2015	0.00%	0.67%