MKAM vs. MDAA

Last updated Jun 24, 2026

MKAM (MKAM ETF) and MDAA (Myriad Dynamic Asset Allocation ETF) are both Diversified Portfolio funds. Both are actively managed. Their correlation of 0.85 suggests significant overlap in exposure. MKAM charges 0.96%/yr vs 0.97%/yr for MDAA.

Performance

MKAM vs. MDAA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MKAM ETF (MKAM) and Myriad Dynamic Asset Allocation ETF (MDAA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MKAM achieves a 3.90% return, which is significantly lower than MDAA's 16.10% return.

MKAM

• 1D: -0.67%
• 1M: -0.58%
• YTD: 3.90%
• 6M: 3.53%
• 1Y: 12.35%
• 3Y*: 9.64%
• 5Y*: —
• 10Y*: —

MDAA

• 1D: -3.38%
• 1M: -0.04%
• YTD: 16.10%
• 6M: 15.40%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

MKAM vs. MDAA - Yearly Performance Comparison

	2026 (YTD)	2025
MKAM MKAM ETF	3.90%	1.59%
MDAA Myriad Dynamic Asset Allocation ETF	16.10%	-0.25%

Correlation

The correlation between MKAM and MDAA is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 3, 2025	0.85

Return for Risk

MKAM vs. MDAA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MKAM

MKAM Risk / Return Rank: 67
MKAM Sharpe Ratio Rank: 64
MKAM Sortino Ratio Rank: 62
MKAM Omega Ratio Rank: 65
MKAM Calmar Ratio Rank: 71
MKAM Martin Ratio Rank: 71

MDAA

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

MKAM vs. MDAA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MKAM ETF (MKAM) and Myriad Dynamic Asset Allocation ETF (MDAA). 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.

	MKAM	MDAA	Difference
Sharpe ratio: Return per unit of total volatility	1.94	—	—
Sortino ratio: Return per unit of downside risk	2.67	—	—
Omega ratio: Gain probability vs. loss probability	1.36	—	—
Calmar ratio: Return relative to maximum drawdown	3.33	—	—
Martin ratio: Return relative to average drawdown	12.19	—	—

Drawdowns

MKAM vs. MDAA - Drawdown Comparison

The maximum MKAM drawdown since its inception was -5.01%, smaller than the maximum MDAA drawdown of -14.59%. Use the drawdown chart below to compare losses from any high point for MKAM and MDAA.

Drawdown Indicators

	MKAM	MDAA	Difference
Max Drawdown Largest peak-to-trough decline	-5.01%	-14.59%	+9.58%
Max Drawdown (1Y) Largest decline over 1 year	-3.72%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-5.01%	—	—
Current Drawdown Current decline from peak	-1.52%	-5.99%	+4.47%
Average Drawdown Average peak-to-trough decline	-1.13%	-3.04%	+1.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.02%	—	—

Volatility

Volatility by Period

	MKAM	MDAA	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.40%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.94%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	6.41%	25.25%	-18.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.31%	25.25%	-18.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.31%	25.25%	-18.94%

MKAM vs. MDAA - Expense Ratio Comparison

MKAM has a 0.96% expense ratio, which is lower than MDAA's 0.97% expense ratio.

Dividends

MKAM vs. MDAA - Dividend Comparison

MKAM's dividend yield for the trailing twelve months is around 2.94%, more than MDAA's 0.40% yield.

Position	TTM	2025	2024	2023
MDAA Myriad Dynamic Asset Allocation ETF	0.40%	0.46%	0.00%	0.00%
MKAM MKAM ETF	2.94%	2.56%	1.88%	1.70%

Frequently Asked Questions

Can I hold both MKAM and MDAA in my portfolio?

MKAM and MDAA have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MKAM or MDAA?

On fees, MKAM is cheaper at 0.96% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MKAM or MDAA?

MKAM is cheaper with a 0.96% expense ratio, compared with 0.97% for MDAA.

Which ETF pays a higher dividend yield, MKAM or MDAA?

MKAM has the higher dividend yield at 2.94%, compared with 0.40% for MDAA.

What is the main difference between MKAM and MDAA?

They also come from different issuers: MKAM and Myriad. Their fees differ too: 0.96% for MKAM and 0.97% for MDAA.