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Mairs & Power Minnesota Municipal Bond ETF (MINN)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

Inception Date
Mar 11, 2021
Region
North America (U.S.)
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Distribution Policy
Distributing
Asset Class
Bond

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Mairs & Power Minnesota Municipal Bond ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Mairs & Power Minnesota Municipal Bond ETF (MINN) has returned -1.20% so far this year and 3.98% over the past 12 months.


Mairs & Power Minnesota Municipal Bond ETF

1D
0.18%
1M
-2.27%
YTD
-1.20%
6M
0.91%
1Y
3.98%
3Y*
2.44%
5Y*
-0.46%
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Mar 12, 2021, MINN's average daily return is 0.00%, while the average monthly return is -0.01%.

Historically, 54% of months were positive and 46% were negative. The best month was Nov 2023 with a return of +7.0%, while the worst month was Sep 2022 at -4.7%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 4 months.

On a daily basis, MINN closed higher 49% of trading days. The best single day was Apr 14, 2025 with a return of +1.8%, while the worst single day was Jun 13, 2022 at -2.6%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.48%0.62%-2.27%-1.20%
20250.97%0.95%-1.54%-0.47%-0.57%0.82%-0.06%1.02%2.30%0.70%1.12%0.29%5.61%
2024-0.56%0.44%-0.20%-1.80%-1.39%2.15%1.03%1.15%1.05%-1.88%1.51%-1.18%0.21%
20233.75%-3.81%2.75%-0.45%-1.69%0.98%0.25%-1.60%-3.49%-0.89%7.02%3.00%5.41%
2022-3.16%-1.03%-4.36%-4.48%2.38%-2.81%3.90%-3.59%-4.71%-1.01%6.29%0.26%-12.27%
20210.16%0.53%0.03%0.33%0.88%-0.52%-1.12%-0.23%0.93%0.31%1.28%

Benchmark Metrics

Mairs & Power Minnesota Municipal Bond ETF has an annualized alpha of -0.85%, beta of 0.05, and R² of 0.03 versus S&P 500 Index. Calculated based on daily prices since March 15, 2021.

  • This ETF participated in 49.22% of S&P 500 Index downside but only 21.98% of its upside — more exposed to losses than it benefited from rallies.
  • Beta of 0.05 may look defensive, but with R² of 0.03 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R² of 0.03 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
-0.85%
Beta
0.05
0.03
Upside Capture
21.98%
Downside Capture
49.22%

Expense Ratio

MINN has an expense ratio of 0.25%, which is considered low.


Return for Risk

Risk / Return Rank

MINN ranks 37 for risk / return — below 37% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


MINN Risk / Return Rank: 3737
Overall Rank
MINN Sharpe Ratio Rank: 3434
Sharpe Ratio Rank
MINN Sortino Ratio Rank: 3333
Sortino Ratio Rank
MINN Omega Ratio Rank: 3131
Omega Ratio Rank
MINN Calmar Ratio Rank: 4545
Calmar Ratio Rank
MINN Martin Ratio Rank: 4141
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Mairs & Power Minnesota Municipal Bond ETF (MINN) and compare them to a chosen benchmark (S&P 500 Index).


MINNBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.67

0.90

-0.23

Sortino ratio

Return per unit of downside risk

1.00

1.39

-0.38

Omega ratio

Gain probability vs. loss probability

1.14

1.21

-0.08

Calmar ratio

Return relative to maximum drawdown

1.22

1.40

-0.18

Martin ratio

Return relative to average drawdown

3.94

6.61

-2.67

Explore MINN risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Mairs & Power Minnesota Municipal Bond ETF provided a 3.05% dividend yield over the last twelve months, with an annual payout of $0.68 per share. The fund has been increasing its distributions for 4 consecutive years.


1.00%1.50%2.00%2.50%3.00%$0.00$0.10$0.20$0.30$0.40$0.50$0.60$0.7020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021
Dividend$0.68$0.66$0.58$0.41$0.29$0.16

Dividend yield

3.05%2.94%2.65%1.80%1.34%0.64%

Monthly Dividends

The table displays the monthly dividend distributions for Mairs & Power Minnesota Municipal Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.04$0.05$0.07$0.16
2025$0.04$0.05$0.06$0.06$0.05$0.05$0.06$0.05$0.06$0.06$0.04$0.08$0.66
2024$0.03$0.04$0.04$0.05$0.05$0.05$0.05$0.04$0.05$0.05$0.05$0.07$0.58
2023$0.02$0.02$0.04$0.03$0.03$0.03$0.03$0.03$0.03$0.04$0.04$0.06$0.41
2022$0.01$0.02$0.03$0.02$0.02$0.02$0.03$0.03$0.02$0.03$0.02$0.04$0.29
2021$0.00$0.01$0.02$0.02$0.02$0.02$0.02$0.02$0.03$0.16

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Mairs & Power Minnesota Municipal Bond ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Mairs & Power Minnesota Municipal Bond ETF was 18.37%, occurring on Oct 31, 2022. The portfolio has not yet recovered.

The current Mairs & Power Minnesota Municipal Bond ETF drawdown is 4.11%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-18.37%Jul 20, 2021325Oct 31, 2022
-0.77%Jun 16, 20216Jun 23, 202110Jul 8, 202116
-0.51%Apr 27, 202113May 13, 202116Jun 7, 202129
-0.14%Mar 17, 20213Mar 19, 20212Mar 23, 20215
-0.12%Apr 9, 20211Apr 9, 20211Apr 12, 20212

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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