TMET vs MMMA
Comparison between ISHARES TRANSITION-ENABLING METALS ETF (TMET, ETF) and NYLI MACKAY MUNI ALLOCATION ETF (MMMA, ETF).
TMET vs MMMA - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
TMET
$28M
Winner
MMMA
$28M
Expense Ratio
TMET
0.47%
Winner
MMMA
0.35%
Max Drawdown
TMET
N/A
MMMA
3.11%
Sharpe Ratio
TMET
N/A
MMMA
0.34
5Y Beta
Winner
TMET
0.00
MMMA
0.11
TMET vs MMMA - Historical Returns
Returns include dividend reinvestment.
1M
TMET
N/A
MMMA
-1.52%
3M
TMET
N/A
MMMA
-0.68%
6M
TMET
N/A
MMMA
+1.05%
Max(CAGR)
TMET
N/A
MMMA
+3.73%
TMET vs MMMA - Annual Returns (2025 - 2026)
Returns include dividend reinvestment.
| Year | TMET | MMMA |
|---|---|---|
| 2026 | +0.00% | +1.70% |
| 2025 | N/A | +0.33% |
TMET vs MMMA 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 -2.17%.
| Rank | TMET | MMMA |
|---|---|---|
| #1 | N/A | -2.79% Feb 26, 2026 - Jun 2, 2026 |
| #2 | N/A | -2.17% Jul 6, 2026 - Jul 23, 2026 |
| #3 | N/A | -0.36% Jan 21, 2026 - Jan 27, 2026 |
| #4 | N/A | -0.36% Jun 4, 2026 - Jun 15, 2026 |
| #5 | N/A | -0.31% Jan 14, 2026 - Jan 21, 2026 |
| #6 | N/A | -0.24% Feb 10, 2026 - Feb 12, 2026 |
| #7 | N/A | -0.21% Dec 24, 2025 - Dec 29, 2025 |
| #8 | N/A | -0.21% Jun 15, 2026 - Jun 18, 2026 |
| #9 | N/A | -0.20% Jan 7, 2026 - Jan 9, 2026 |
| #10 | N/A | -0.18% Jan 9, 2026 - Jan 14, 2026 |
| #11 | N/A | -0.13% Jun 29, 2026 - Jul 6, 2026 |
| #12 | N/A | -0.11% Jun 2, 2026 - Jun 4, 2026 |
| #13 | N/A | -0.10% Feb 5, 2026 - Feb 9, 2026 |
| #14 | N/A | -0.09% Jun 22, 2026 - Jun 24, 2026 |
| #15 | N/A | -0.06% Dec 30, 2025 - Jan 2, 2026 |
Correlation
Correlation between TMET and MMMA 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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