SECR vs. NSCI
SECR (NYLI MacKay Securitized Income ETF) and NSCI (Nuveen Securitized Income ETF) are both Mortgage Backed Securities funds. Both are actively managed. Their 0.55 correlation means they have sometimes moved together and sometimes differently. SECR charges 0.28%/yr vs 0.38%/yr for NSCI.
Performance
SECR vs. NSCI - Performance Comparison
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Returns By Period
In the year-to-date period, SECR achieves a 0.24% return, which is significantly lower than NSCI's 2.60% return.
SECR
- 1D
- 0.39%
- 1M
- -0.68%
- 6M
- -0.33%
- YTD
- 0.24%
- 1Y
- 2.87%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 5.87%
NSCI
- 1D
- 0.02%
- 1M
- 0.26%
- 6M
- 2.02%
- YTD
- 2.60%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.88M | $1.55M | $1.01M | |
| $47.20K | $131.24K | $203.13K |
SECR vs. NSCI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SECR NYLI MacKay Securitized Income ETF | 0.24% | 0.84% |
NSCI Nuveen Securitized Income ETF | 2.60% | 1.66% |
Correlation
The correlation between SECR and NSCI is 0.55, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 24, 2025 | 0.55 |
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Return for Risk
SECR vs. NSCI — Risk / Return Rank
SECR
NSCI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SECR vs. NSCI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NYLI MacKay Securitized Income ETF (SECR) and Nuveen Securitized Income ETF (NSCI). 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.
| SECR | NSCI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.13 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.98 | — | — |
| Martin ratioReturn relative to average drawdown | 2.48 | — | — |
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Drawdowns
SECR vs. NSCI - Drawdown Comparison
The maximum SECR drawdown since its inception was -3.93%, which is greater than NSCI's maximum drawdown of -1.10%. Use the drawdown chart below to compare losses from any high point for SECR and NSCI.
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Drawdown Indicators
| SECR | NSCI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.93% | -1.10% | -2.83% |
Max Drawdown (1Y)Largest decline over 1 year | -2.94% | — | — |
Current DrawdownCurrent decline from peak | -2.04% | -0.02% | -2.02% |
Average DrawdownAverage peak-to-trough decline | -1.12% | -0.16% | -0.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.16% | — | — |
Volatility
SECR vs. NSCI - Volatility Comparison
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Volatility by Period
| SECR | NSCI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.13% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 3.03% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.88% | 1.30% | +2.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.57% | 1.30% | +3.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.57% | 1.30% | +3.27% |
SECR vs. NSCI - Expense Ratio Comparison
SECR has a 0.28% expense ratio, which is lower than NSCI's 0.38% expense ratio.
Dividends
SECR vs. NSCI - Dividend Comparison
SECR's dividend yield for the trailing twelve months is around 6.41%, more than NSCI's 3.85% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
NSCI Nuveen Securitized Income ETF | 3.85% | 1.09% | 0.00% |
SECR NYLI MacKay Securitized Income ETF | 6.41% | 6.68% | 3.24% |
Frequently Asked Questions
SECR and NSCI have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SECR is cheaper at 0.28% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SECR is cheaper with a 0.28% expense ratio, compared with 0.38% for NSCI.
SECR has the higher dividend yield at 6.41%, compared with 3.85% for NSCI.
They also come from different issuers: NYLI and Nuveen. Their fees differ too: 0.28% for SECR and 0.38% for NSCI.
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