NBB vs MMIN

Comparison between Nuveen Taxable Municipal Income Fund (NBB, ETF) and NYLI MACKAY MUNI INSURED ETF (MMIN, ETF).

5-Year PerformanceMMIN has outperformed NBB, delivering a return of +0.3% compared to -1.1%

NBB vs MMIN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NBB(ETF)	MMIN(ETF)
Net Assets	$464M	$463M
Expense Ratio	N/A	0.30%
Max Drawdown	42.71%	19.91%
Sharpe Ratio	0.02	0.61
5Y Beta	0.16	0.04
5Y Dividends CAGR	1.16%	17.01%

Net Assets

Winner

NBB

$464M

MMIN

$463M

Expense Ratio

NBB

N/A

MMIN

0.30%

Max Drawdown

NBB

42.71%

Winner

MMIN

19.91%

Sharpe Ratio

NBB

0.02

Winner

MMIN

0.61

5Y Beta

NBB

0.16

Winner

MMIN

0.04

5Y Dividends CAGR

NBB

1.16%

Winner

MMIN

17.01%

NBB vs MMIN - Historical Returns

Returns include dividend reinvestment.

Period	NBB	MMIN
1 month	+1.88%	-0.42%
3 months	-0.77%	-0.86%
6 months	-2.49%	-1.67%
1 year	+5.22%	+6.04%
5 years(CAGR)	-1.06%	+0.30%
10 years(CAGR)	+2.54%	+2.39%
Max(CAGR)	+5.09%	+2.39%

Winner

NBB

+1.88%

MMIN

-0.42%

Winner

NBB

-0.77%

MMIN

-0.86%

NBB

-2.49%

Winner

MMIN

-1.67%

NBB

+5.22%

Winner

MMIN

+6.04%

5Y(CAGR)

NBB

-1.06%

Winner

MMIN

+0.30%

10Y(CAGR)

Winner

NBB

+2.54%

MMIN

+2.39%

Max(CAGR)

Winner

NBB

+5.09%

MMIN

+2.39%

NBB vs MMIN - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	NBB	MMIN
2026	+2.49%	+0.44%
2025	+12.97%	+4.17%
2024	+1.78%	+1.09%
2023	+7.51%	+6.86%
2022	-24.19%	-11.14%
2021	+2.06%	+1.33%
2020	+13.82%	+7.40%
2019	+18.82%	+8.08%
2018	-6.08%	+1.96%
2017	+12.97%	+1.20%
2016	+8.81%	N/A
2015	+1.49%	N/A
2014	+22.93%	N/A
2013	-6.71%	N/A
2012	+7.88%	N/A
2011	+18.84%	N/A
2010	-4.27%	N/A

NBB vs MMIN Drawdown Comparison

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

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

The current NBB drawdown is -6.47%. The current MMIN drawdown is -2.39%.

Rank	NBB	MMIN
#1	-33.51% Sep 15, 2021 - Oct 19, 2023	-16.87% Jul 27, 2021 - Oct 24, 2025
#2	-27.83% Feb 21, 2020 - Aug 6, 2020	-13.91% Mar 9, 2020 - Jul 13, 2020
#3	-16.99% May 1, 2013 - May 29, 2014	-8.85% May 16, 2018 - Aug 1, 2019
#4	-12.58% Oct 13, 2010 - Aug 3, 2011	-2.87% Feb 27, 2026 - Jun 16, 2026
#5	-12.45% Sep 6, 2016 - Aug 31, 2017	-2.60% Feb 16, 2021 - Jun 9, 2021
#6	-10.51% Jan 4, 2018 - Mar 25, 2019	-2.44% Jun 30, 2026 - Jul 23, 2026
#7	-9.87% Feb 2, 2015 - Jan 15, 2016	-2.26% Feb 5, 2018 - May 16, 2018
#8	-8.79% Jan 27, 2021 - Jul 8, 2021	-2.00% Aug 10, 2020 - Nov 20, 2020
#9	-7.38% Feb 8, 2012 - May 30, 2012	-1.90% Aug 28, 2019 - Oct 8, 2019
#10	-5.80% Sep 3, 2019 - Jan 15, 2020	-1.78% Oct 9, 2019 - Jan 6, 2020
#11	-5.77% Aug 1, 2012 - Nov 8, 2012	-0.54% Oct 24, 2025 - Nov 28, 2025
#12	-5.39% Aug 7, 2020 - Dec 2, 2020	-0.53% Jun 14, 2021 - Jul 8, 2021
#13	-3.81% Nov 12, 2012 - Jan 11, 2013	-0.46% Nov 28, 2025 - Dec 19, 2025
#14	-3.74% Oct 16, 2017 - Dec 6, 2017	-0.46% Jan 14, 2026 - Jan 30, 2026
#15	-3.33% Aug 29, 2014 - Oct 15, 2014	-0.38% Jan 31, 2020 - Feb 19, 2020

Correlation

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

0.89

-101

Dividend Comparison (2010 - 2026)

NBB vs MMIN dividend yield comparison.

Year	NBB	MMIN
2026	5.01%	2.38%
2025	7.33%	4.07%
2024	6.96%	3.96%
2023	8.33%	3.73%
2022	7.86%	2.93%
2021	5.50%	1.72%
2020	4.67%	2.21%
2019	5.54%	2.75%
2018	6.38%	2.78%
2017	5.62%	0.48%
2016	6.35%	0.00%
2015	6.79%	0.00%
2014	6.57%	0.00%
2013	7.53%	0.00%
2012	6.24%	0.00%
2011	6.84%	0.00%
2010	4.46%	0.00%