IQ MacKay Shields Municipal Insured ETF (MMIN)
Description
The MMIN ETF contains 630 constituents. It is focused on holdings in the region.
Price $22.97 as of 2022-10-20Cost/Risk/Yield
| Dividend yield | 2.64% |
| Expense ratio | 0.31% |
| Average spread | 0.087% |
| 1Y roundtrip cost | 0.397% |
Historic prices
Total Returns (including dividends)
Monthly returns heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | -2.7% | -0.7% | -3.5% | -3.4% | 1.4% | -2.6% | 2.9% | -3.1% | -4.4% | 0.3% | -15.8% | ||
| 2021 | 0.5% | -2.1% | 0.6% | 1.0% | 0.4% | 0.4% | 0.8% | -0.4% | -0.9% | -0.1% | 1.0% | 0.0% | 1.4% |
| 2020 | 2.0% | 1.4% | -1.8% | -1.8% | 3.9% | 0.4% | 1.7% | -0.4% | -0.1% | -0.3% | 1.6% | 0.8% | 7.4% |
| 2019 | 0.5% | 0.8% | 1.6% | 0.3% | 1.5% | 0.5% | 0.9% | 1.9% | -0.8% | 0.2% | 0.1% | 0.4% | 7.8% |
| 2018 | 0.0% | -1.2% | 0.8% | 0.2% | -0.4% | 0.1% | 0.5% | 0.4% | -0.5% | -0.6% | 0.8% | 1.9% | 2.0% |
| 2017 | -0.2% | 1.4% | 1.2% | ||||||||||
| 0.1% | -1.7% | -2.2% | -3.7% | 6.9% | -1.2% | 6.9% | -1.7% | -6.8% | -0.5% | 3.4% | 4.5% |
Historical Dividends
Monthly dividend heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 0.04 | 0.04 | 0.05 | 0.05 | 0.06 | 0.05 | 0.06 | 0.06 | 0.07 | 0.47 | |||
| 2021 | 0.03 | 0.03 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.42 | |
| 2020 | 0.09 | 0.05 | 0.06 | 0.05 | 0.06 | 0.05 | 0.05 | 0.05 | 0.04 | 0.04 | 0.04 | 0.57 | |
| 2019 | 0.07 | 0.04 | 0.06 | 0.06 | 0.05 | 0.06 | 0.06 | 0.06 | 0.05 | 0.05 | 0.05 | 0.60 | |
| 2018 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.07 | 0.06 | 0.06 | 0.06 | 0.67 | |
| 2017 | 0.06 | 0.06 | |||||||||||
| 0.00 | 0.30 | 0.22 | 0.27 | 0.26 | 0.26 | 0.26 | 0.26 | 0.27 | 0.27 | 0.20 | 0.25 |
Sectors and Top Holdings
| Security | % Assets |
|---|---|
| Top 0 Weights | 0.00% |
Compare with similar ETFs
| MMIN | FLMB | HTAB | MUB | MUNI | VTEB | |
|---|---|---|---|---|---|---|
| Product name | IQ MacKay Shields Municipal Insured ETF | Franklin Liberty Municipal Bond ETF | Hartford Schroders Tax-Aware Bond ETF | iShares National Muni Bond ETF | PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund | Vanguard Tax-Exempt Bond ETF |
| Issuer | IndexIQ | Franklin | Hartford | iShares | PIMCO | Vanguard |
| Price | $22.97 | $22.17 | $18.3726 | $102.43 | $50.18 | $48.03 |
| Expense Ratio | 0.31% |  0.3% |  0.4% | 0.07% | 0.35% | 0.06% |
| Average Spread | 0.087% | 0.226% | 0.435% | 0.010% | 0.060% | 0.021% |
| AUM | $403,848,000 | $100,833,000 | $95,227,500 | $21,146,800,000 | $610,844,000 | $12,447,800,000 |
| Shares | 17,581,532 | 4,548,159 | 5,183,125 | 206,451,724 | 12,173,060 | 259,167,736 |
| Average Daily Volume | 143,723 | 8,043 | 9,632 | 6,555,117 | 223,177 | 9,863,267 |
| Home page | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site |
| Inception Date | 2017-10-18 | 2017-08-31 | 2018-04-18 | 2007-09-07 | 2009-11-30 | 2015-08-21 |
| Index Tracked | No Underlying Index | No Underlying Index | No Underlying Index | N/A | No Underlying Index | S&P National AMT-Free Municipal Bond |
| Category | National Munis | National Munis | Total Bond Market | National Munis | National Munis | National Munis |
| Asset Class | Bond | Bond | Bond | Bond | Bond | Bond |
| Asset Class Size | ||||||
| Value or Growth | ||||||
| Region | ||||||
| Countries | U.S. | U.S. | U.S. | U.S. | U.S. | U.S. |
| Annual Dividend Rate | $0.607 | $0.516 | $0.582 | $2.097 | $0.973 | $0.939 |
| Annual Dividend Yield | 0.026% | 0.023% | 0.032% | 0.020% | 0.019% | 0.020% |
| Number of Holdings | 630 | 218 | 0 | 4881 | 282 | 5958 |
| YTD Return | -14.92% | -16.89% | -12.25% | -10.59% | -9.44% | -11.27% |
| Beta | 0.19 | 0.12 | 0.06 | 0.19 | 0.12 | 0.16 |
| Upside Beta | 0.16 | 0.09 | 0.02 | 0.03 | 0.01 | 0.12 |
| Downside Beta | 0.06 | 0.05 | 0.01 | 0.00 | -0.02 | -0.01 |
| Volatility 1Y | 4.90% | 5.13% | 5.39% | 4.03% | 3.17% | 3.72% |
| Sharpe Ratio 3Y | -0.87 | -1.16 | -1.49 | -0.71 | -0.91 | -0.68 |
| Treynor Ratio 3Y | -0.02 | -0.04 | -0.08 | -0.02 | -0.03 | -0.02 |