NQP vs MMIN

Comparison between Nuveen Pennsylvania Quality Municipal Income Fund (NQP, ETF) and NYLI MACKAY MUNI INSURED ETF (MMIN, ETF).

5-Year PerformanceNQP has outperformed MMIN, delivering a return of +1.8% compared to +0.7%

NQP vs MMIN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NQP(ETF)	MMIN(ETF)
Net Assets	$447M	$445M
Expense Ratio	N/A	0.30%
Max Drawdown	52.80%	19.91%
Sharpe Ratio	1.59	1.22
5Y Beta	0.14	0.03
5Y Dividends CAGR	9.08%	16.34%

Net Assets

Winner

NQP

$447M

MMIN

$445M

Expense Ratio

NQP

N/A

MMIN

0.30%

Max Drawdown

NQP

52.80%

Winner

MMIN

19.91%

Sharpe Ratio

Winner

NQP

1.59

MMIN

1.22

5Y Beta

NQP

0.14

Winner

MMIN

0.03

5Y Dividends CAGR

NQP

9.08%

Winner

MMIN

16.34%

NQP vs MMIN - Historical Returns

Returns include dividend reinvestment.

Period	NQP	MMIN
1 month	+3.66%	+1.51%
3 months	+3.34%	+1.23%
6 months	+4.31%	+2.57%
1 year	+16.81%	+8.30%
5 years(CAGR)	+1.80%	+0.69%
10 years(CAGR)	+3.13%	+2.64%
Max(CAGR)	+5.09%	+2.64%

Winner

NQP

+3.66%

MMIN

+1.51%

Winner

NQP

+3.34%

MMIN

+1.23%

Winner

NQP

+4.31%

MMIN

+2.57%

Winner

NQP

+16.81%

MMIN

+8.30%

5Y(CAGR)

Winner

NQP

+1.80%

MMIN

+0.69%

10Y(CAGR)

Winner

NQP

+3.13%

MMIN

+2.64%

Max(CAGR)

Winner

NQP

+5.09%

MMIN

+2.64%

NQP vs MMIN - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	NQP	MMIN
2026	+3.66%	+2.09%
2025	+13.80%	+4.17%
2024	+2.62%	+1.09%
2023	+6.47%	+6.86%
2022	-21.77%	-11.14%
2021	+8.19%	+1.33%
2020	+7.04%	+7.40%
2019	+20.03%	+8.08%
2018	-2.21%	+1.96%
2017	+5.96%	+1.20%
2016	+0.25%	N/A
2015	+6.09%	N/A
2014	+18.12%	N/A
2013	-17.82%	N/A
2012	+8.75%	N/A
2011	+21.27%	N/A
2010	+7.77%	N/A
2009	+44.63%	N/A
2008	-26.11%	N/A
2007	-0.08%	N/A
2006	+3.60%	N/A
2005	-4.98%	N/A
2004	+6.42%	N/A
2003	+13.32%	N/A
2002	+5.30%	N/A
2001	+10.51%	N/A
2000	+10.51%	N/A
1999	-9.51%	N/A

NQP vs MMIN Drawdown Comparison

The maximum drawdown for NQP was -41.81%, occurring on Oct 10, 2008. Recovery took 380 trading sessions.

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

The current NQP drawdown is -0.50%. The current MMIN drawdown is -0.12%.

Rank	NQP	MMIN
#1	-41.81% Jan 29, 2008 - Jul 31, 2009	-16.87% Jul 27, 2021 - Oct 24, 2025
#2	-32.39% Nov 30, 2021 - Apr 9, 2026	-13.91% Mar 9, 2020 - Jul 13, 2020
#3	-24.68% Dec 3, 2012 - Feb 2, 2015	-8.85% May 16, 2018 - Aug 1, 2019
#4	-24.09% Mar 4, 2020 - Dec 30, 2020	-2.87% Feb 27, 2026 - Jun 16, 2026
#5	-17.24% Mar 24, 2004 - Oct 25, 2004	-2.60% Feb 16, 2021 - Jun 9, 2021
#6	-15.87% Jul 13, 2016 - May 30, 2019	-2.26% Feb 5, 2018 - May 16, 2018
#7	-15.04% Nov 8, 1999 - Jul 10, 2000	-2.00% Aug 10, 2020 - Nov 20, 2020
#8	-14.41% Oct 18, 2010 - Jul 11, 2011	-1.90% Aug 28, 2019 - Oct 8, 2019
#9	-12.69% Feb 9, 2005 - May 2, 2007	-1.78% Oct 9, 2019 - Jan 6, 2020
#10	-11.88% Jun 16, 2003 - Jan 9, 2004	-0.54% Oct 24, 2025 - Nov 28, 2025
#11	-9.80% Mar 4, 2002 - Jul 8, 2002	-0.53% Jun 14, 2021 - Jul 8, 2021
#12	-9.46% Oct 1, 2002 - Apr 1, 2003	-0.46% Nov 28, 2025 - Dec 19, 2025
#13	-8.69% May 7, 2007 - Jan 10, 2008	-0.46% Jan 14, 2026 - Jan 30, 2026
#14	-8.60% Jul 25, 2000 - Jan 3, 2001	-0.38% Jan 31, 2020 - Feb 19, 2020
#15	-8.51% Sep 7, 2001 - Feb 5, 2002	-0.33% Jan 5, 2021 - Jan 25, 2021

Correlation

Correlation between NQP and MMIN is 0.94 which considered as a very strong positive correlation - the stocks move almost identically together.

0.94

-101

Dividend Comparison (1999 - 2026)

NQP vs MMIN dividend yield comparison.

Year	NQP	MMIN
2026	2.59%	1.67%
2025	7.87%	4.07%
2024	6.69%	3.96%
2023	3.07%	3.73%
2022	4.89%	2.93%
2021	4.51%	1.72%
2020	4.38%	2.21%
2019	4.23%	2.75%
2018	5.34%	2.78%
2017	5.34%	0.48%
2016	5.67%	0.00%
2015	6.10%	0.00%
2014	6.22%	0.00%
2013	6.90%	0.00%
2012	5.96%	0.00%
2011	6.04%	0.00%
2010	6.61%	0.00%
2009	5.67%	0.00%
2008	7.26%	0.00%
2007	5.00%	0.00%
2006	4.75%	0.00%
2005	6.72%	0.00%
2004	6.88%	0.00%
2003	5.92%	0.00%
2002	6.18%	0.00%
2001	6.12%	0.00%
2000	6.87%	0.00%
1999	1.21%	0.00%