MMMA vs METW

Comparison between NYLI MACKAY MUNI ALLOCATION ETF (MMMA, ETF) and ROUNDHILL META WEEKLYPAY ETF (METW, ETF).

MMMA vs METW - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MMMA(ETF)	METW(ETF)
Net Assets	$28M	$28M
Expense Ratio	0.35%	N/A
Max Drawdown	3.11%	53.89%
Sharpe Ratio	0.85	-0.58
5Y Beta	0.11	1.74

Net Assets

MMMA

$28M

METW

$28M

Expense Ratio

MMMA

0.35%

METW

N/A

Max Drawdown

Winner

MMMA

3.11%

METW

53.89%

Sharpe Ratio

Winner

MMMA

0.85

METW

-0.58

5Y Beta

Winner

MMMA

0.11

METW

1.74

MMMA vs METW - Historical Returns

Returns include dividend reinvestment.

Period	MMMA	METW
1 month	+0.79%	-7.52%
3 months	+1.56%	-14.38%
6 months	+3.50%	-16.10%
1 year	N/A	-25.37%
Max(CAGR)	+7.32%	-25.75%

Winner

MMMA

+0.79%

METW

-7.52%

Winner

MMMA

+1.56%

METW

-14.38%

Winner

MMMA

+3.50%

METW

-16.10%

MMMA

N/A

METW

-25.37%

Max(CAGR)

Winner

MMMA

+7.32%

METW

-25.75%

MMMA vs METW - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	MMMA	METW
2026	+2.98%	-16.95%
2025	+0.33%	-8.23%

MMMA vs METW Drawdown Comparison

The maximum drawdown for MMMA was -2.79%, occurring on Mar 24, 2026. Recovery took 66 trading sessions.

The maximum drawdown for METW was -40.51%, occurring on Mar 27, 2026. This drawdown has not yet recovered.

The current MMMA drawdown is -0.14%. The current METW drawdown is -35.46%.

Rank	MMMA	METW
#1	-2.79% Feb 26, 2026 - Jun 2, 2026	-40.51% Aug 12, 2025 - Mar 27, 2026
#2	-0.36% Jan 21, 2026 - Jan 27, 2026	-6.67% Jun 30, 2025 - Jul 31, 2025
#3	-0.36% Jun 4, 2026 - Jun 10, 2026	-3.30% Jul 31, 2025 - Aug 4, 2025
#4	-0.31% Jan 14, 2026 - Jan 21, 2026	-2.32% Jun 18, 2025 - Jun 23, 2025
#5	-0.24% Feb 10, 2026 - Feb 12, 2026	-2.28% Aug 4, 2025 - Aug 12, 2025
#6	-0.21% Dec 24, 2025 - Dec 29, 2025	-0.65% Jun 24, 2025 - Jun 26, 2025
#7	-0.20% Jan 7, 2026 - Jan 9, 2026	N/A
#8	-0.18% Jan 9, 2026 - Jan 14, 2026	N/A
#9	-0.11% Jun 2, 2026 - Jun 4, 2026	N/A
#10	-0.10% Feb 5, 2026 - Feb 9, 2026	N/A
#11	-0.06% Dec 30, 2025 - Jan 2, 2026	N/A
#12	-0.03% Jan 2, 2026 - Jan 6, 2026	N/A
#13	-0.03% Dec 18, 2025 - Dec 22, 2025	N/A
#14	-0.02% Dec 16, 2025 - Dec 18, 2025	N/A
#15	-0.02% Feb 19, 2026 - Feb 23, 2026	N/A

Correlation

Correlation between MMMA and METW is -0.34 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.34

-101