MMCA vs MMMA
NYLIM MacKay California Muni Intermediate ETF vs NYLIM MacKay Muni Allocation ETF
Which is better, MMCA or MMMA?
MMMA costs less.
MMMA has a lower expense ratio.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | MMCA | MMMA |
|---|---|---|
| Expense Ratio | 0.36% | 0.35%Best |
| AUM | $96M | $28M |
| Dividend Yield | 3.73% | 3.59% |
| Holdings | 123 | 51 |
| YTD Return | -2.96% | -1.29%Best |
| 1Y Return | -1.99% | - |
| 3Y Return (annualized) | +3.42% | - |
| Fund Family | New York Life Investments | New York Life Investments |
| Category | Fixed Income | Fixed Income |
| Style | Municipal Bond | Municipal Bond |
| Inception | Dec 21, 2021 | Dec 16, 2025 |
Not shown on this pair: 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
MMCA vs MMMA growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
MMCA vs MMMA Performance
NYLIM MacKay California Muni Intermediate ETF (MMCA) is an ETF from New York Life Investments and NYLIM MacKay Muni Allocation ETF (MMMA) is an ETF from New York Life Investments. Year to date, MMCA is down 2.96% versus a loss of 1.29% for MMMA.
Past performance does not guarantee future results.
Fees and Cost Over Time
MMCA charges 0.36% per year while MMMA charges 0.35%. On a $10,000 position that is $36 vs $35 annually, a gap of $1 per year that compounds over a long holding period. On income, MMCA currently yields 3.73% against 3.59% for MMMA.
Holdings Overlap
We hold position weights for 21 holdings in MMCA and 22 in MMMA, totalling 22.4% and 40.1% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 1 positions appear in both.
1 positions in common, counted across the 21 positions we hold weights for in MMCA and 22 in MMMA, against full books of 123 and 51.
Top Shared Holdings
| Stock | Weight in MMCA | Weight in MMMA | Difference |
|---|---|---|---|
| DGCXXDreyfus Govt Cash Man Ins | 2.35% | 4.01% | 1.66% |
You are not choosing between two funds in isolation.
Whichever of MMCA and MMMA you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, MMCA or MMMA?
MMCA has an expense ratio of 0.36% while MMMA charges 0.35%. MMMA is the cheaper option, by $1 a year on a $10,000 investment.
Which pays a higher dividend, MMCA or MMMA?
MMCA yields 3.73% while MMMA yields 3.59%, so MMCA currently pays the higher dividend yield.
Is MMMA better than MMCA?
MMMA has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.