MINN vs. MMMA
MINN (Mairs & Power Minnesota Municipal Bond ETF) and MMMA (NYLI MacKay Muni Allocation ETF) are both Municipal Bonds funds. Both are actively managed. Their 0.48 correlation means their historical movements had little consistent relationship. MINN charges 0.25%/yr vs 0.35%/yr for MMMA.
Performance
MINN vs. MMMA - Performance Comparison
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Returns By Period
In the year-to-date period, MINN achieves a -1.11% return, which is significantly lower than MMMA's 2.42% return.
MINN
- 1D
- -0.05%
- 1M
- -2.00%
- 6M
- -1.58%
- YTD
- -1.11%
- 1Y
- 3.90%
- 3Y*
- 2.82%
- 5Y*
- -0.78%
- 10Y*
- —
- ALL TIME*
- -0.44%
MMMA
- 1D
- -0.10%
- 1M
- -1.54%
- 6M
- 1.05%
- YTD
- 2.42%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $356.88K | $256.88K | $189.68K | |
| $111.36K | $97.19K | $48.83K |
MINN vs. MMMA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
MINN Mairs & Power Minnesota Municipal Bond ETF | -1.11% | 0.45% |
MMMA NYLI MacKay Muni Allocation ETF | 2.42% | 0.35% |
Correlation
The correlation between MINN and MMMA is 0.48, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 16, 2025 | 0.48 |
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Return for Risk
MINN vs. MMMA — Risk / Return Rank
MINN
MMMA
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
MINN vs. MMMA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mairs & Power Minnesota Municipal Bond ETF (MINN) and NYLI MacKay Muni Allocation ETF (MMMA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MINN | MMMA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.19 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.56 | — | — |
| Martin ratioReturn relative to average drawdown | 4.41 | — | — |
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Drawdowns
MINN vs. MMMA - Drawdown Comparison
The maximum MINN drawdown since its inception was -18.37%, which is greater than MMMA's maximum drawdown of -2.79%. Use the drawdown chart below to compare losses from any high point for MINN and MMMA.
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Drawdown Indicators
| MINN | MMMA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.37% | -2.79% | -15.58% |
Max Drawdown (1Y)Largest decline over 1 year | -2.82% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -5.47% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -18.24% | — | — |
Current DrawdownCurrent decline from peak | -4.02% | -1.65% | -2.37% |
Average DrawdownAverage peak-to-trough decline | -7.63% | -0.60% | -7.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.99% | — | — |
Volatility
MINN vs. MMMA - Volatility Comparison
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Volatility by Period
| MINN | MMMA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.07% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 2.30% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 4.35% | 4.04% | +0.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.11% | 4.04% | +1.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.94% | 4.04% | +0.90% |
MINN vs. MMMA - Expense Ratio Comparison
MINN has a 0.25% expense ratio, which is lower than MMMA's 0.35% expense ratio.
Dividends
MINN vs. MMMA - Dividend Comparison
MINN's dividend yield for the trailing twelve months is around 3.09%, more than MMMA's 2.69% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
MINN Mairs & Power Minnesota Municipal Bond ETF | 3.09% | 2.94% | 2.65% | 1.80% | 1.34% | 0.64% |
MMMA NYLI MacKay Muni Allocation ETF | 2.69% | 0.17% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MINN and MMMA have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MINN is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MINN is cheaper with a 0.25% expense ratio, compared with 0.35% for MMMA.
MINN has the higher dividend yield at 3.09%, compared with 2.69% for MMMA.
They also come from different issuers: Mairs & Power and NYLI. Their fees differ too: 0.25% for MINN and 0.35% for MMMA.
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