IQ MacKay Shields Municipal Intermediate ETF (MMIT)
Description
The MMIT ETF contains 396 constituents. It is focused on holdings in the region.
Price $23.48 as of 2022-10-20Cost/Risk/Yield
| Dividend yield | 2.36% |
| Expense ratio | 0.31% |
| Average spread | 0.128% |
| 1Y roundtrip cost | 0.438% |
Historic prices
Total Returns (including dividends)
Monthly returns heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | -2.6% | -0.4% | -2.6% | -2.5% | 1.1% | -1.5% | 2.4% | -2.0% | -3.4% | 0.6% | -11.0% | ||
| 2021 | 0.7% | -1.3% | 0.7% | 0.8% | 0.3% | 0.1% | 0.6% | -0.2% | -0.7% | -0.1% | 0.6% | 0.2% | 1.6% |
| 2020 | 2.0% | 1.1% | -2.9% | -1.7% | 3.4% | 0.7% | 1.8% | -0.3% | 0.0% | -0.2% | 1.4% | 0.9% | 6.2% |
| 2019 | 0.4% | 0.9% | 1.4% | 0.5% | 1.3% | 0.7% | 0.7% | 1.8% | -0.8% | 0.1% | 0.1% | 0.1% | 7.3% |
| 2018 | 0.0% | -1.6% | 0.2% | 0.2% | 0.2% | 0.2% | 0.2% | 0.2% | 0.2% | 0.2% | 0.7% | 1.6% | 2.4% |
| 2017 | 0.0% | 0.6% | 0.6% | ||||||||||
| 0.5% | -1.3% | -3.3% | -2.7% | 6.3% | 0.2% | 5.7% | -0.6% | -4.7% | 0.6% | 2.8% | 3.5% |
Historical Dividends
Monthly dividend heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.05 | 0.05 | 0.37 | |||
| 2021 | 0.05 | 0.04 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.36 | |
| 2020 | 0.10 | 0.05 | 0.06 | 0.05 | 0.06 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.62 | |
| 2019 | 0.08 | 0.05 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.05 | 0.65 | |
| 2018 | 0.05 | 0.05 | 0.06 | 0.05 | 0.05 | 0.05 | 0.05 | 0.06 | 0.06 | 0.06 | 0.06 | 0.60 | |
| 2017 | 0.04 | 0.04 | |||||||||||
| 0.00 | 0.32 | 0.23 | 0.24 | 0.23 | 0.24 | 0.23 | 0.24 | 0.25 | 0.24 | 0.20 | 0.23 |
Sectors and Top Holdings
| Security | % Assets |
|---|---|
| Top 0 Weights | 0.00% |
Compare with similar ETFs
| MMIT | JMUB | MUNI | MUST | RVNU | VTEB | |
|---|---|---|---|---|---|---|
| Product name | IQ MacKay Shields Municipal Intermediate ETF | JP Morgan Municipal ETF | PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund | Columbia Multi-Sector Municipal Income ETF | Deutsche X-trackers Municipal Infrastructure Revenue Bond ETF | Vanguard Tax-Exempt Bond ETF |
| Issuer | IndexIQ | JPMorgan | PIMCO | Columbia | Xtrackers | Vanguard |
| Price | $23.48 | $48.39 | $50.18 | $19.565 | $22.95 | $48.03 |
| Expense Ratio | 0.31% |  0.18% |  0.35% | 0.23% | 0.15% | 0.06% |
| Average Spread | 0.128% | 0.041% | 0.060% | 0.153% | 0.261% | 0.021% |
| AUM | $209,182,000 | $87,096,700 | $610,844,000 | $124,122,000 | $122,542,000 | $12,447,800,000 |
| Shares | 8,908,954 | 1,799,890 | 12,173,060 | 6,344,086 | 5,339,538 | 259,167,736 |
| Average Daily Volume | 135,090 | 76,708 | 223,177 | 118,070 | 50,990 | 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 | 2018-10-29 | 2009-11-30 | 2018-10-10 | 2013-06-04 | 2015-08-21 |
| Index Tracked | No Underlying Index | No Underlying Index | No Underlying Index | Beta Advantage Multi-Sector Municipal Bond Index | Solactive Municipal Infrastructure Revenue Bond Index | S&P National AMT-Free Municipal Bond |
| Category | National Munis | Total Bond Market | National Munis | Money Market | 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 | $0.554 | $1.049 | $0.973 | $0.341 | $0.643 | $0.939 |
| Annual Dividend Yield | 0.024% | 0.022% | 0.019% | 0.017% | 0.028% | 0.020% |
| Number of Holdings | 396 | 554 | 282 | 512 | 376 | 5958 |
| YTD Return | -10.59% | -10.68% | -9.44% | -11.99% | -20.04% | -11.27% |
| Beta | 0.10 | 0.05 | 0.12 | 0.11 | 0.27 | 0.16 |
| Upside Beta | 0.09 | -0.02 | 0.01 | 0.03 | 0.03 | 0.12 |
| Downside Beta | 0.04 | -0.07 | -0.02 | -0.01 | -0.12 | -0.01 |
| Volatility 1Y | 3.64% | 3.39% | 3.17% | 5.25% | 7.27% | 3.72% |
| Sharpe Ratio 3Y | -0.80 | -0.94 | -0.91 | -0.80 | -1.07 | -0.68 |
| Treynor Ratio 3Y | -0.03 | -0.06 | -0.03 | -0.03 | -0.02 | -0.02 |