IQ MacKay California Municipal Intermediate ETF (MMCA) Alternatives
IQ MacKay California Municipal Intermediate ETF (MMCA) belongs to the Municipal Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with MMCA. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to MMCA
MMCA charges 0.36% annually. Among ETFs in the Municipal Bonds category, these options have the lowest expense ratios among MMCA alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Schwab Municipal Bond ETF | 0.03% | Oct 11, 2022 | MMCA vs SCMB | |
| Fidelity Systematic Municipal Bond Index ETF | 0.05% | Jul 11, 2019 | MMCA vs FMUN | |
| Vanguard Tax-Exempt Bond ETF | 0.05% | Aug 21, 2015 | MMCA vs VTEB | |
| Xtrackers California Municipal Bond ETF | 0.07% | Dec 13, 2023 | MMCA vs CA | |
| iShares Short-Term National Muni Bond ETF | 0.07% | Nov 5, 2008 | MMCA vs SUB |
Best Risk-Adjusted Alternatives to MMCA
Among ETFs in the Municipal Bonds category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Goldman Sachs Ultra Short Municipal Income ETF | 98 | Jul 23, 2024 | MMCA vs GUMI | |
| First Trust Ultra Short Duration Municipal ETF | 97 | Nov 1, 2018 | MMCA vs FUMB | |
| iShares Short Maturity Municipal Bond ETF | 97 | Mar 3, 2015 | MMCA vs MEAR | |
| PGIM Ultra Short Municipal Bond ETF | 95 | Jun 24, 2024 | MMCA vs PUSH | |
| iShares Short-Term California Muni Active ETF | 95 | Oct 4, 2007 | MMCA vs CALI |
Top Performing MMCA Alternatives (YTD)
MMCA alternatives from the Municipal Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Overlay Shares Municipal Bond ETF | 1.20% | Sep 30, 2019 | MMCA vs OVM | |
| Xtrackers Municipal Infrastructure Revenue Bond ET... | 1.00% | Jun 4, 2013 | MMCA vs RVNU | |
| X-Square Municipal Income Tax Free ETF | 0.90% | May 18, 2023 | MMCA vs ZTAX | |
| Goldman Sachs Ultra Short Municipal Income ETF | 0.72% | Jul 23, 2024 | MMCA vs GUMI | |
| First Trust Ultra Short Duration Municipal ETF | 0.64% | Nov 1, 2018 | MMCA vs FUMB |
Lowest Volatility Alternatives to MMCA
MMCA alternatives from the Municipal Bonds category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| iShares iBonds Dec 2024 Term Muni Bond ETF | 0.00% | Mar 20, 2018 | MMCA vs IBMM | |
| First Trust Ultra Short Duration Municipal ETF | 1.03% | Nov 1, 2018 | MMCA vs FUMB | |
| iShares Short-Term California Muni Active ETF | 1.09% | Oct 4, 2007 | MMCA vs CALI | |
| abrdn Ultra Short Municipal Income Active ETF | 1.12% | Oct 20, 2025 | MMCA vs AMUN | |
| Goldman Sachs Ultra Short Municipal Income ETF | 1.15% | Jul 23, 2024 | MMCA vs GUMI |
Lowest Drawdown Alternatives to MMCA
MMCA alternatives from the Municipal Bonds category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Goldman Sachs Ultra Short Municipal Income ETF | -0.48% | Jul 23, 2024 | MMCA vs GUMI | |
| First Trust Ultra Short Duration Municipal ETF | -0.60% | Nov 1, 2018 | MMCA vs FUMB | |
| iShares Short-Term California Muni Active ETF | -0.78% | Oct 4, 2007 | MMCA vs CALI | |
| PGIM Ultra Short Municipal Bond ETF | -0.85% | Jun 24, 2024 | MMCA vs PUSH | |
| iShares Short Maturity Municipal Bond ETF | -0.86% | Mar 3, 2015 | MMCA vs MEAR |
Other ETFs from IndexIQ
Most popular IndexIQ ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| IQ MacKay ESG High Income ETF | High Yield Bonds | 83 | -0.29% | Oct 24, 2022 | MMCA vs IQHI | |
| IQ Global Equity R&D Leaders ETF | Global Equities | 65 | -3.11% | Feb 8, 2022 | MMCA vs WRND | |
| IQ U.S. Large Cap R&D Leaders ETF | Large Cap Blend Equities | 44 | -8.71% | Feb 8, 2022 | MMCA vs LRND | |
| IQ CBRE Real Assets ETF | REIT | 57 | 4.49% | May 9, 2023 | MMCA vs IQRA | |
| IQ MacKay ESG Core Plus Bond ETF | Intermediate Core-Plus Bond | 65 | 0.17% | Jun 29, 2021 | MMCA vs ESGB | |
| IQ Candriam U.S. Mid Cap Equity ETF | Mid Cap Blend Equities | 41 | 0.51% | Oct 24, 2022 | MMCA vs IQSM |
Often Compared With MMCA
What investors most often compare with MMCA, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| First Trust California Municipal High Income ETF | Municipal Bonds, Actively Managed | 45 | 0.00% | Jun 20, 2017 | MMCA vs FCAL | |
| Dimensional California Municipal Bond ETF | Municipal Bonds | 65 | 0.07% | Jun 26, 2023 | MMCA vs DFCA | |
| Nuveen High Yield Municipal Bond Fund | High Yield Muni | 15 | -0.75% | Jun 6, 1999 | MMCA vs NHMRX | |
| iShares California Muni Bond ETF | Municipal Bonds | 50 | -0.57% | Oct 4, 2007 | MMCA vs CMF | |
| Invesco California AMT-Free Municipal Bond ETF | Municipal Bonds | 28 | -0.25% | Oct 11, 2007 | MMCA vs PWZ | |
| Vanguard California Intermediate-Term Tax-Exempt F... | Municipal Bonds | 74 | -0.70% | Nov 12, 2001 | MMCA vs VCADX | |
| iShares National AMT-Free Muni Bond ETF | Municipal Bonds | 54 | -0.37% | Sep 7, 2007 | MMCA vs MUB |
Compare MMCA with Any Fund or Stock
Compare MMCA with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.