MMMA vs FDRV
Comparison between NYLI MACKAY MUNI ALLOCATION ETF (MMMA, ETF) and FIDELITY ELECTRIC VEHICLES AND FUTURE TRANSPORTATION ETF (FDRV, ETF).
MMMA vs FDRV - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
MMMA
$28M
FDRV
$28M
Expense Ratio
Winner
MMMA
0.35%
FDRV
0.39%
Max Drawdown
Winner
MMMA
3.11%
FDRV
64.28%
Sharpe Ratio
MMMA
0.34
Winner
FDRV
0.56
5Y Beta
Winner
MMMA
0.11
FDRV
1.35
P/E Ratio
MMMA
N/A
FDRV
-11.07
Forward P/E
MMMA
N/A
FDRV
23.36
PEG Ratio
MMMA
N/A
FDRV
-5.17
Debt to Equity
MMMA
N/A
FDRV
51.39%
P/S Ratio
MMMA
N/A
FDRV
1.79
P/B Ratio
MMMA
N/A
FDRV
2.99
MMMA vs FDRV - Historical Returns
Returns include dividend reinvestment.
1M
Winner
MMMA
-1.52%
FDRV
-6.54%
3M
Winner
MMMA
-0.68%
FDRV
-4.33%
6M
MMMA
+1.05%
Winner
FDRV
+4.38%
1Y
MMMA
N/A
FDRV
+12.69%
5Y(CAGR)
MMMA
N/A
FDRV
-6.80%
Max(CAGR)
Winner
MMMA
+3.73%
FDRV
-6.80%
MMMA vs FDRV - Annual Returns (2021 - 2026)
Returns include dividend reinvestment.
| Year | MMMA | FDRV |
|---|---|---|
| 2026 | +1.70% | +7.06% |
| 2025 | +0.33% | +23.99% |
| 2024 | N/A | -19.65% |
| 2023 | N/A | +13.44% |
| 2022 | N/A | -45.56% |
| 2021 | N/A | +7.00% |
MMMA vs FDRV Drawdown Comparison
The maximum drawdown for MMMA was -2.79%, occurring on Mar 24, 2026. Recovery took 66 trading sessions.
The maximum drawdown for FDRV was -63.89%, occurring on Apr 8, 2025. This drawdown has not yet recovered.
The current MMMA drawdown is -2.17%. The current FDRV drawdown is -39.43%.
| Rank | MMMA | FDRV |
|---|---|---|
| #1 | -2.79% Feb 26, 2026 - Jun 2, 2026 | -63.89% Nov 8, 2021 - Apr 8, 2025 |
| #2 | -2.17% Jul 6, 2026 - Jul 23, 2026 | -1.46% Oct 21, 2021 - Oct 25, 2021 |
| #3 | -0.36% Jan 21, 2026 - Jan 27, 2026 | -1.12% Oct 25, 2021 - Oct 28, 2021 |
| #4 | -0.36% Jun 4, 2026 - Jun 15, 2026 | -0.49% Oct 7, 2021 - Oct 12, 2021 |
| #5 | -0.31% Jan 14, 2026 - Jan 21, 2026 | -0.48% Nov 1, 2021 - Nov 3, 2021 |
| #6 | -0.24% Feb 10, 2026 - Feb 12, 2026 | -0.18% Oct 19, 2021 - Oct 21, 2021 |
| #7 | -0.21% Dec 24, 2025 - Dec 29, 2025 | N/A |
| #8 | -0.21% Jun 15, 2026 - Jun 18, 2026 | N/A |
| #9 | -0.20% Jan 7, 2026 - Jan 9, 2026 | N/A |
| #10 | -0.18% Jan 9, 2026 - Jan 14, 2026 | N/A |
| #11 | -0.13% Jun 29, 2026 - Jul 6, 2026 | N/A |
| #12 | -0.11% Jun 2, 2026 - Jun 4, 2026 | N/A |
| #13 | -0.10% Feb 5, 2026 - Feb 9, 2026 | N/A |
| #14 | -0.09% Jun 22, 2026 - Jun 24, 2026 | N/A |
| #15 | -0.06% Dec 30, 2025 - Jan 2, 2026 | N/A |
Correlation
Correlation between MMMA and FDRV is 0.75 which considered as a strong positive correlation - the stocks tend to move together.
0.75
-101
Dividend Comparison (2021 - 2026)
MMMA vs FDRV dividend yield comparison.
| Year | MMMA | FDRV |
|---|---|---|
| 2026 | 2.17% | 0.66% |
| 2025 | 0.17% | 1.14% |
| 2024 | 0.00% | 0.43% |
| 2023 | 0.00% | 0.24% |
| 2022 | 0.00% | 0.33% |
| 2021 | 0.00% | 0.04% |
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