MMSD vs SHM
NYLIM MacKay Muni Short Duration ETF against State Street SPDR Nuveen ICE Short Term Municipal Bond ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
3%
14 shared positions
Fee gap
5 bp
SHM is cheaper
1-year return gap
0.1 pts
SHM is ahead
Larger fund
SHM
$3.5B
Side by side
| MMSD | SHM | |
|---|---|---|
| Fund | NYLIM MacKay Muni Short Duration ETF | State Street SPDR Nuveen ICE Short Term Municipal Bond ETF |
| Issuer | New York Life | State Street SPDR |
| Category | Short Muni | Short Muni |
| Expense ratio | 0.25% | 0.20% |
| Assets | $78M | $3.5B |
| Average daily dollar volume | $458K | $30M |
| Listed | May 5, 2025 | Oct 10, 2007 |
| FrenzyCap score | 49 | 81 |
| 1-month return | +0.0% | +0.0% |
| 3-month return | −1.0% | −1.0% |
| Year to date | −1.7% | −1.9% |
| 1-year return | −2.1% | −2.1% |
| 30-day volatility | 2.9% | 3.3% |
| Worst drawdown, 1 year | −4.0% | −4.2% |
| Trailing 12-month yield | 3.58% | 2.73% |
| Holdings | 156 | 1,109 |
| Top 10 weight | 14.1% | 4.8% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$16M thru Jul 2026 | +$24M thru Jun 2026 |
| 30-day implied volatility | — | 49.6% |
| Holdings as of | as of Jul 31, 2026SEC filing | as of Oct 20, 2026issuer data |
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
10% of MMSD · 3% of SHM| Holding | MMSD | SHM |
|---|---|---|
| SOUTHEAST ENERGY AUTHORITY (AL) 5%, due Oct 1, 2030 | 1.36% | 0.89% |
| PUBLIC ENERGY AUTHORITY OF KENTUCKY (KY) 5.25%, due Jun 1, 2055 | 0.54% | 0.32% |
| BLACK BELT ENERGY GAS DISTRICT (THE) (AL) 5%, due Jun 1, 2031 | 1.34% | 0.19% |
| CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY (CA) 5%, due Jul 1, 2053 | 0.56% | 0.19% |
| MAIN STREET NATURAL GAS INC (GA) 5%, due May 1, 2054 | 1.33% | 0.16% |
| MAIN STREET NATURAL GAS INC (GA) 4%, due May 1, 2052 | 0.19% | 0.16% |
| PUBLIC ENERGY AUTHORITY OF KENTUCKY (KY) 4%, due Feb 1, 2050 | 0.65% | 0.14% |
| MATAGORDA COUNTY NAVIGATION DISTRICT N.1 (TX), due Nov 1, 2029 | 0.57% | 0.10% |
| SOUTHEAST ENERGY AUTHORITY (AL) 4%, due Nov 1, 2051 | 0.52% | 0.10% |
| INDIANA FINANCE AUTHORITY (IN) 5%, due Oct 1, 2064 | 0.34% | 0.09% |
| PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY (PA) 5%, due Jun 15, 2031 | 1.15% | 0.06% |
| LOUISIANA PUBLIC FACILITIES AUTHORITY (LA) 5%, due May 15, 2030 | 0.61% | 0.06% |
| COLORADO HEALTH FACILITIES AUTHORITY (CO) 5%, due Nov 15, 2060 | 0.34% | 0.05% |
| CALIFORNIA MUNICIPAL FINANCE AUTHORITY (CA) 2.95%, due Jan 1, 2056 | 0.64% | 0.03% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · MMSD holdings · SHM 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.