VanEck Vectors Municipal Allocation ETF (MAAX)
Description
The MAAX ETF contains 18 constituents. It is focused on holdings in the region.
Price $20.16 as of 2022-10-20Cost/Risk/Yield
| Dividend yield | 2.65% |
| Expense ratio | 0.35% |
| Average spread | 0.347% |
| 1Y roundtrip cost | 0.697% |
Historic prices
Total Returns (including dividends)
Monthly returns heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | -4.0% | -1.0% | -3.7% | -4.0% | 1.9% | -2.5% | 3.3% | -3.1% | -5.3% | 0.1% | -18.4% | ||
| 2021 | 1.1% | -2.2% | 0.7% | 1.3% | 0.8% | 0.9% | 0.7% | -0.4% | -1.3% | -0.5% | 0.9% | 0.3% | 2.2% |
| 2020 | 2.0% | 1.1% | -11.2% | -1.9% | 5.0% | 1.6% | 1.7% | -0.0% | -0.1% | -0.5% | 2.1% | 1.3% | 1.1% |
| 2019 | 0.2% | 0.8% | 2.1% | -0.7% | 0.1% | 0.3% | 0.3% | 3.1% | |||||
| -0.9% | -2.1% | -14.2% | -4.7% | 7.6% | 0.2% | 6.5% | -1.4% | -7.5% | -0.8% | 3.3% | 1.9% |
Historical Dividends
Monthly dividend heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 0.01 | 0.05 | 0.05 | 0.04 | 0.06 | 0.04 | 0.05 | 0.05 | 0.05 | 0.39 | |||
| 2021 | 0.06 | 0.05 | 0.04 | 0.05 | 0.07 | 0.05 | 0.05 | 0.06 | 0.05 | 0.05 | 0.05 | 0.58 | |
| 2020 | 0.05 | 0.04 | 0.06 | 0.11 | 0.03 | 0.05 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.62 | |
| 2019 | 0.07 | 0.07 | 0.07 | 0.07 | 0.04 | 0.07 | 0.38 | ||||||
| 0.00 | 0.12 | 0.15 | 0.15 | 0.19 | 0.16 | 0.20 | 0.23 | 0.24 | 0.23 | 0.15 | 0.17 |
Sectors and Top Holdings
| Security | % Assets |
|---|---|
| VanEck Intermediate Muni ETF | 49.57% |
| VanEck Long Muni ETF | 19.95% |
| VanEck High Yield Muni ETF | 15.49% |
| VanEck Short High Yield Muni ETF | 5.12% |
| DWS Municipal Income Trust | 1.93% |
| Eaton Vance New York Municipal Bond Fund | 1.01% |
| BlackRock Municipal Income Fund, Inc. | 1.00% |
| BlackRock MuniYield Quality Fund III Inc | 0.99% |
| BlackRock MuniHoldings Investment Quality Fund | 0.98% |
| Pioneer Municipal High Income Advantage Fund, Inc. | 0.98% |
| Western Asset Managed Municipals Fund | 0.97% |
| MFS Municipal Income Trust | 0.97% |
| Pioneer Municipal High Income Fund, Inc. | 0.96% |
| U.S. Dollar | 0.07% |
| Top 14 Weights | 99.99% |
Compare with similar ETFs
| MAAX | HYD | IYLD | MBND | MINN | PFFR | |
|---|---|---|---|---|---|---|
| Product name | VanEck Vectors Municipal Allocation ETF | Market Vectors High Yield Municipal Index ETF | iShares Morningstar Multi-Asset Income ETF | SPDR Nuveen Municipal Bond ETF | Mairs & Power Minnesota Municipal Bond ETF | InfraCap REIT Preferred ETF |
| Issuer | VanEck | VanEck | iShares | SPDR | Mairs & Power | InfraCap |
| Price | $20.155 | $49.325 | $18.0642 | $26.085 | $20.83 | $16.245 |
| Expense Ratio | 0.35% | 0.35% |  0.6% | 0.4% | 0.39% | 0.45% |
| Average Spread | 0.347% | 0.020% | 0.166% | 0.192% | 0.144% | 0.492% |
| AUM | $3,432,720 | $2,843,070,000 | $175,023,000 | $39,127,500 | $0 | $58,567,700 |
| Shares | 170,316 | 57,639,450 | 9,688,926 | 1,500,000 | 0 | 3,605,274 |
| Average Daily Volume | 167 | 1,510,574 | 52,725 | 8,407 | 3,034 | 10,473 |
| Home page | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site |
| Inception Date | 2019-05-15 | 2009-02-04 | 2012-04-05 | 2021-02-03 | 2021-03-12 | 2017-02-07 |
| Index Tracked | No Underlying Index | Bloomberg Municipal Custom High Yield Composite | Morningstar Multi-Asset High Income Index | No Underlying Index | No Underlying Index | Indxx REIT Preferred Stock Index |
| Category | National Munis | National Munis | Diversified Portfolio | Government Bonds | n/a | Preferred Stock/Convertible Bonds |
| Asset Class | Bond | Bond | Multi-Asset | Bond | Bond | Preferred Stock |
| Asset Class Size | ||||||
| Value or Growth | Blend | Blend | ||||
| Region | ||||||
| Countries | U.S. | U.S. | Broad | U.S. | U.S. | U.S. |
| Annual Dividend Rate | $0.535 | $2.035 | $0.932 | $0.569 | $0.274 | $1.495 |
| Annual Dividend Yield | 0.027% | 0.041% | 0.052% | 0.022% | 0.013% | 0.092% |
| Number of Holdings | 18 | 1985 | 101 | 0 | 0 | |
| YTD Return | -17.28% | -18.81% | -22.18% | -11.35% | -16.48% | -27.51% |
| Beta | -0.05 | 0.04 | -0.30 | 0.10 | 0.17 | -0.35 |
| Upside Beta | -0.09 | 0.00 | 0.00 | -0.11 | -0.14 | -0.37 |
| Downside Beta | -0.68 | -0.07 | 0.04 | -0.16 | -0.27 | -0.44 |
| Volatility 1Y | 5.64% | 8.22% | 10.59% | 3.47% | 5.37% | 12.25% |
| Sharpe Ratio 3Y | -0.77 | -0.49 | -0.87 | 0.00 | 0.00 | -0.46 |
| Treynor Ratio 3Y | 0.13 | -0.15 | 0.03 | 0.00 | 0.00 | 0.03 |