PMM vs LRND
Comparison between Putnam Managed Municipal Income Trust. (PMM, ETF) and NYLI U.S. LARGE CAP R&D LEADERS ETF (LRND, ETF).
PMM vs LRND - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
PMM
$287M
Winner
LRND
$287M
Expense Ratio
PMM
N/A
LRND
0.14%
Max Drawdown
PMM
55.45%
Winner
LRND
25.97%
Sharpe Ratio
PMM
0.75
Winner
LRND
1.52
5Y Beta
Winner
PMM
0.25
LRND
1.09
P/E Ratio
PMM
N/A
LRND
34.64
Forward P/E
PMM
N/A
LRND
26.76
PEG Ratio
PMM
N/A
LRND
0.57
5Y Dividends CAGR
PMM
-5.23%
LRND
N/A
5Y EPS CAGR
PMM
N/A
LRND
37.31%
Debt to Equity
PMM
N/A
LRND
55.93%
P/S Ratio
PMM
N/A
LRND
8.68
P/B Ratio
PMM
N/A
LRND
11.90
PMM vs LRND - Historical Returns
Returns include dividend reinvestment.
1M
PMM
+1.08%
Winner
LRND
+3.32%
3M
PMM
-1.47%
Winner
LRND
+12.33%
6M
PMM
+1.95%
Winner
LRND
+7.78%
1Y
PMM
+11.94%
Winner
LRND
+30.30%
5Y(CAGR)
PMM
-1.23%
Winner
LRND
+15.29%
10Y(CAGR)
PMM
+2.68%
LRND
N/A
Max(CAGR)
PMM
+4.11%
Winner
LRND
+15.29%
PMM vs LRND - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | PMM | LRND |
|---|---|---|
| 2026 | +2.49% | +8.89% |
| 2025 | +9.59% | +20.44% |
| 2024 | +3.02% | +22.47% |
| 2023 | +2.56% | +43.76% |
| 2022 | -24.71% | -19.33% |
| 2021 | +14.43% | N/A |
| 2020 | +5.39% | N/A |
| 2019 | +20.89% | N/A |
| 2018 | -4.36% | N/A |
| 2017 | +8.41% | N/A |
| 2016 | +1.50% | N/A |
| 2015 | +8.42% | N/A |
| 2014 | +16.71% | N/A |
| 2013 | -14.18% | N/A |
| 2012 | +13.90% | N/A |
| 2011 | +16.72% | N/A |
| 2010 | +11.36% | N/A |
| 2009 | +39.05% | N/A |
| 2008 | -23.78% | N/A |
| 2007 | -4.68% | N/A |
| 2006 | +13.52% | N/A |
| 2005 | +5.00% | N/A |
| 2004 | +4.05% | N/A |
| 2003 | +7.27% | N/A |
| 2002 | -1.93% | N/A |
| 2001 | +2.95% | N/A |
| 2000 | -2.73% | N/A |
| 1999 | -18.75% | N/A |
PMM vs LRND Drawdown Comparison
The maximum drawdown for PMM was -38.66%, occurring on Dec 12, 2008. Recovery took 604 trading sessions.
The maximum drawdown for LRND was -25.44%, occurring on Oct 14, 2022. Recovery took 303 trading sessions.
The current PMM drawdown is -12.13%. The current LRND drawdown is -4.10%.
| Rank | PMM | LRND |
|---|---|---|
| #1 | -38.66% May 15, 2007 - Oct 6, 2009 | -25.44% Mar 29, 2022 - Jun 13, 2023 |
| #2 | -37.70% Dec 23, 2021 - Oct 25, 2023 | -21.06% Feb 19, 2025 - Jun 26, 2025 |
| #3 | -29.07% Feb 25, 2020 - Dec 31, 2020 | -13.83% Oct 29, 2025 - Apr 17, 2026 |
| #4 | -23.55% Aug 23, 2000 - May 23, 2005 | -11.98% Jul 10, 2024 - Nov 6, 2024 |
| #5 | -22.09% Jan 25, 2013 - Oct 22, 2015 | -9.75% Jul 28, 2023 - Nov 20, 2023 |
| #6 | -19.37% Nov 1, 1999 - Aug 17, 2000 | -9.20% Feb 9, 2022 - Mar 28, 2022 |
| #7 | -15.50% Oct 19, 2010 - Jul 22, 2011 | -6.06% Mar 28, 2024 - May 15, 2024 |
| #8 | -12.72% Sep 28, 2016 - Sep 13, 2017 | -4.51% Dec 16, 2024 - Jan 23, 2025 |
| #9 | -10.42% Aug 25, 2005 - Aug 15, 2006 | -4.10% Jun 2, 2026 - Jun 5, 2026 |
| #10 | -9.63% Sep 15, 2017 - Feb 8, 2019 | -4.01% Nov 7, 2024 - Dec 4, 2024 |
| #11 | -8.11% Mar 8, 2012 - May 9, 2012 | -3.14% Jun 15, 2023 - Jul 13, 2023 |
| #12 | -8.09% Jul 22, 2011 - Aug 22, 2011 | -2.90% Oct 9, 2025 - Oct 24, 2025 |
| #13 | -7.15% Oct 3, 2012 - Jan 8, 2013 | -2.74% Jul 24, 2025 - Aug 12, 2025 |
| #14 | -6.40% Jun 25, 2021 - Nov 18, 2021 | -2.46% Sep 22, 2025 - Oct 6, 2025 |
| #15 | -6.36% Oct 6, 2009 - Jan 15, 2010 | -2.33% May 14, 2026 - May 28, 2026 |
Correlation
Correlation between PMM and LRND is 0.71 which considered as a strong positive correlation - the stocks tend to move together.
0.71
-101
Dividend Comparison (2000 - 2026)
PMM vs LRND dividend yield comparison.
| Year | PMM | LRND |
|---|---|---|
| 2026 | 2.13% | 0.09% |
| 2025 | 4.90% | 0.67% |
| 2024 | 4.78% | 0.97% |
| 2023 | 5.10% | 1.22% |
| 2022 | 6.11% | 1.32% |
| 2021 | 4.38% | 0.00% |
| 2020 | 4.76% | 0.00% |
| 2019 | 4.81% | 0.00% |
| 2018 | 5.42% | 0.00% |
| 2017 | 5.38% | 0.00% |
| 2016 | 6.09% | 0.00% |
| 2015 | 5.92% | 0.00% |
| 2014 | 6.22% | 0.00% |
| 2013 | 7.03% | 0.00% |
| 2012 | 5.79% | 0.00% |
| 2011 | 7.00% | 0.00% |
| 2010 | 7.59% | 0.00% |
| 2009 | 7.05% | 0.00% |
| 2008 | 8.29% | 0.00% |
| 2007 | 5.86% | 0.00% |
| 2006 | 5.33% | 0.00% |
| 2005 | 6.04% | 0.00% |
| 2004 | 7.08% | 0.00% |
| 2003 | 7.60% | 0.00% |
| 2002 | 7.71% | 0.00% |
| 2001 | 7.17% | 0.00% |
| 2000 | 2.97% | 0.00% |
Select Stocks to Compare
Popular: PMM vs SPYLRND vs SPY
More Comparisons
Compare with similar stocks