MMMA vs TMET
Comparison between NYLI MACKAY MUNI ALLOCATION ETF (MMMA, ETF) and ISHARES TRANSITION-ENABLING METALS ETF (TMET, ETF).
MMMA vs TMET - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
MMMA
$28M
Winner
TMET
$28M
Expense Ratio
Winner
MMMA
0.35%
TMET
0.47%
Max Drawdown
MMMA
3.11%
TMET
N/A
Sharpe Ratio
MMMA
0.87
TMET
N/A
5Y Beta
MMMA
0.11
Winner
TMET
0.00
MMMA vs TMET - Historical Returns
Returns include dividend reinvestment.
1M
MMMA
+0.42%
TMET
N/A
3M
MMMA
+0.62%
TMET
N/A
6M
MMMA
+3.37%
TMET
N/A
Max(CAGR)
MMMA
+7.20%
TMET
N/A
MMMA vs TMET - Annual Returns (2025 - 2026)
Returns include dividend reinvestment.
| Year | MMMA | TMET |
|---|---|---|
| 2026 | +2.85% | +0.00% |
| 2025 | +0.33% | N/A |
MMMA vs TMET Drawdown Comparison
The maximum drawdown for MMMA was -2.79%, occurring on Mar 24, 2026. Recovery took 66 trading sessions.
The current MMMA drawdown is -0.27%.
| Rank | MMMA | TMET |
|---|---|---|
| #1 | -2.79% Feb 26, 2026 - Jun 2, 2026 | N/A |
| #2 | -0.36% Jan 21, 2026 - Jan 27, 2026 | N/A |
| #3 | -0.31% Jan 14, 2026 - Jan 21, 2026 | N/A |
| #4 | -0.27% Jun 4, 2026 - Jun 8, 2026 | N/A |
| #5 | -0.24% Feb 10, 2026 - Feb 12, 2026 | N/A |
| #6 | -0.21% Dec 24, 2025 - Dec 29, 2025 | N/A |
| #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 TMET is 0.00 which considered as a very weak or no correlation - the stocks move independently of each other.
0.00
-101
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