MMIN vs PZA
NYLIM MacKay Muni Insured ETF against Invesco National AMT-Free Municipal Bond ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
0%
24 shared positions
Fee gap
2 bp
PZA is cheaper
1-year return gap
2.0 pts
MMIN is ahead
Larger fund
PZA
$4.1B
Side by side
| MMIN | PZA | |
|---|---|---|
| Fund | NYLIM MacKay Muni Insured ETF | Invesco National AMT-Free Municipal Bond ETF |
| Issuer | New York Life | Invesco |
| Category | National Muni | National Muni |
| Expense ratio | 0.30% | 0.28% |
| Assets | $493M | $4.1B |
| Average daily dollar volume | $8.0M | $100M |
| Listed | Oct 18, 2017 | Oct 11, 2007 |
| FrenzyCap score | 62 | 80 |
| 1-month return | −1.0% | −1.5% |
| 3-month return | −3.9% | −5.5% |
| Year to date | −5.2% | −6.9% |
| 1-year return | −5.7% | −7.7% |
| 30-day volatility | 7.4% | 8.8% |
| Worst drawdown, 1 year | −9.1% | −10.4% |
| Trailing 12-month yield | 4.23% | 4.10% |
| Holdings | 224 | 6,664 |
| Top 10 weight | 11.4% | 1.0% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$46M thru Jul 2026 | +$400M thru May 2026 |
| 30-day implied volatility | — | 9.4% |
| Holdings as of | as of Jul 31, 2026SEC filing | as of May 31, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
14% of MMIN · 0% of PZA| Holding | MMIN | PZA |
|---|---|---|
| NEW YORK CITY INDUSTRIAL DEVELOPMENT AGENCY (NY) 3%, due Mar 1, 2049 | 0.20% | 0.04% |
| MASSACHUSETTS DEVELOPMENT FINANCE AGENCY (MA) 5.5%, due Jul 1, 2055 | 0.79% | 0.04% |
| ILLINOIS (IL), STATE OF 5.75%, due May 1, 2045 | 0.23% | 0.03% |
| CHICAGO ILL 5.5%, due Nov 1, 2062 | 0.32% | 0.03% |
| MASSACHUSETTS DEVELOPMENT FINANCE AGENCY (MA) 3%, due Oct 1, 2045 | 0.31% | 0.03% |
| LOS ANGELES CALIF DEPT WTR & PWR 5%, due Jul 1, 2055 | 1.15% | 0.03% |
| LOWER COLORADO RIVER AUTHORITY (TX) 5.25%, due May 15, 2053 | 0.47% | 0.02% |
| INDIANA MUNICIPAL POWER AGENCY (IN) 5%, due Jan 1, 2043 | 0.87% | 0.02% |
| TEXAS STATE TECHNICAL COLLEGE SYSTEM (TX) 5.5%, due Aug 1, 2042 | 0.94% | 0.02% |
| PHILADELPHIA (PA), CITY OF 5.25%, due Aug 1, 2054 | 0.45% | 0.02% |
| ST LOUIS MO 5.25%, due Jul 1, 2054 | 0.54% | 0.02% |
| GRAND FORKS N D 5%, due Dec 1, 2053 | 0.22% | 0.02% |
| RIVER ISLANDS PUBLIC FINANCING AUTHORITY (CA) 5.25%, due Sep 1, 2052 | 0.17% | 0.02% |
| SACRAMENTO CITY UNIFIED SCHOOL DISTRICT (CA) 5.5%, due Aug 1, 2054 | 0.57% | 0.01% |
| CONNECTICUT STATE HEALTH AND EDUCATIONAL FACILITIES AUTHORITY (CT) 5.5%, due Jul 1, 2051 | 0.57% | 0.01% |
| SOUTHERN CALIF PUB PWR AUTH 5.25%, due Jul 1, 2050 | 0.89% | 0.01% |
| ISLE WIGHT CNTY VA ECONOMIC DEV AUTH 5.25%, due Jul 1, 2053 | 0.83% | 0.01% |
| CHICAGO ILL 5.25%, due Jan 1, 2048 | 0.45% | 0.01% |
| KENTUCKY ST MUN ENERGY AGY 5%, due Jan 1, 2055 | 0.44% | 0.01% |
| WALLER INDEPENDENT SCHOOL DISTRICT (TX) 4%, due Feb 15, 2053 | 0.91% | 0.01% |
| PASCO CNTY FLA 5%, due Sep 1, 2048 | 1.02% | 0.01% |
| LOS ANGELES CALIF DEPT WTR & PWR 5%, due Jul 1, 2048 | 0.35% | 0.01% |
| WEST VIRGINIA HOSPITAL FINANCE AUTHORITY (WV) 5.375%, due Sep 1, 2053 | 0.50% | 0.01% |
| SOUTHWESTERN ILL DEV AUTH 5.5%, due Apr 1, 2050 | 0.90% | 0.00% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · MMIN holdings · PZA holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.