IQ MacKay Municipal Intermediate ETF
Ticker
MMIT
ISIN
US45409F8279
Price
USD 24.74
Change Today
+0.01 / 0.021 %
Price 1 year ago
24.42 / 1.302 %
Morningstar
5
52 Week Low
24.43
52 Week High
24.74
200 Day Moving Average 24.60
24.60
50-day Moving Average
24.60
Price evolution
Yearly returns
Peers comparison
Risk factors
1 year
| Parameter | Value |
|---|
1 year
| Parameter | Value |
|---|
History
| Parameter | Value |
|---|---|
| Average Annual Return | 1.295% |
| Average Annual Volatility | 0.311% |
| Sharpe Ratio | 4.17 |
| Sortino Ratio | -2164.48 |
| Maximum Drawdown | -0.0% |
| Maximum Drawdown Date | 2026-02-06 |
| Calmar Ratio | -386.44 |
Company information
Summary
The investment seeks current income exempt from federal income tax. The fund is an actively managed ETF and thus does not seek to replicate the performance of a specific index. Instead, it uses an active management strategy to meet its investment objective. The fund, under normal circumstances, invests at least 80% of its assets (net assets plus borrowings for investment purposes) in debt securities whose interest is, in the opinion of bond counsel for the issuer at the time of issuance, exempt from federal income tax ("Municipal Bonds"). It does not intend to invest in Municipal Bonds whose interest is subject to the federal alternative minimum tax.
Market
US
Category
Muni National Interm
Expense Ratio
0.30%
Fund family
IndexIQ
Morningstar
5
Yield
0.0208
Exchange
PCX
| Sector | Weight |
|---|---|
| Realestate | 0.00% |
| Consumer cyclical | 0.00% |
| Basic materials | 0.00% |
| Consumer defensive | 0.00% |
| Technology | 0.00% |
| Communication services | 0.00% |
| Financial services | 0.00% |
| Utilities | 0.00% |
| Industrials | 0.00% |
| Energy | 0.00% |
| Healthcare | 0.00% |
None
Holdings
| Symbol | Name | Allocation |
|---|---|---|
| CENTRAL PLAINS ENERGY PROJ NEB GAS PROJ REV 5.25% | 1.93% | |
| FSIXX | Fidelity® Inv MM Fds Treasury Only I | 1.17% |
| ILLINOIS FIN AUTH REV 5% | 1.1% | |
| MISSOURI ST HEALTH & EDL FACS AUTH EDL FACS REV 0.03% | 1.04% | |
| CONNECTICUT ST SPL TAX OBLIG REV 4% | 1.01% | |
| BLACK BELT ENERGY GAS DIST ALA GAS SUPPLY REV 4% | 0.98% | |
| BUTLER CNTY PA GEN AUTH REV 0.04% | 0.98% | |
| ILLINOIS DEV FIN AUTH REV 0.04% | 0.95% | |
| BEXAR CNTY TEX 5% | 0.93% | |
| MICHIGAN ST UNIV REVS 0.04% | 0.91% |
Alternative funds
| Ticker | Name | Isin | Exchange | Expenses | Morningstar | Alpha | Beta |
|---|---|---|---|---|---|---|---|
| BIV | Vanguard Intermediate-Term Bond Index Fund | PCX | 0.04% | 4 | +0.79 | ||
| CNRIX | City National Rochdale Intermediate Fixed Income Fund | NAS | 4 | ||||
| ICBU.L | iShares $ Intermediate Credit Bond UCITS ETF | IE00BDQZ515 | LSE | 0.15% | 4 | -0.76 | |
| IE00B3YST251.IR | Dimensional Sterling Inflation Linked Intermediate Duration Fixed Income Fund GBP Distributing | IE00B3YST251 | ISE | 4 | |||
| MMIN | IQ MacKay Municipal Insured ETF | US45409F8436 | PCX | 0.30% | 4 | -0.81 | |
| MMIT | IQ MacKay Municipal Intermediate ETF | US45409F8279 | PCX | 0.30% | 5 | -0.17 | |
| SCHR | Schwab Intermediate-Term U.S. Treasury ETF | US808524854 | PCX | 0.03% | 4 | -1.05 | |
| SPIB | SPDR Portfolio Intermediate Term Corporate Bond ETF | US78464A375 | PCX | 0.04% | 4 | +1.27 | |
| SPTI | SPDR Portfolio Intermediate Term Treasury ETF | US78464A672 | PCX | 0.06% | 4 | -1.08 | |
| UITB | VictoryShares USAA Core Intermediate-Term Bond ETF | US92647N527 | NGM | 0.40% | 5 | -0.02 | |
| VCIT | Vanguard Intermediate-Term Corporate Bond Index Fund | IE00BDFB730 | NGM | 0.04% | 4 | +3.17 | |
| VGIT | Vanguard Intermediate-Term Treasury Index Fund | US92206C870 | NGM | 0.04% | 4 | -1.08 |
Sustainability scores
Events
Indicators
Glossary
- Momentum
- A technical indicator that measures the rate of change in price movements over a specific period. It indicates the strength or weakness of a price trend.
Assessment: A positive momentum value generally indicates a good trend, while a negative value suggests a weak or downward trend. - Inertia
- In trading, inertia refers to the tendency of prices to continue moving in their current direction. It suggests that an asset's price will likely maintain its current trend.
Assessment: A higher inertia value is generally considered good, as it indicates a strong and sustained price trend. - Relative Strength Index (RSI)
- A momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in an asset.
Assessment: An RSI value above 70 is typically considered overbought and may suggest a potential reversal or correction. Conversely, an RSI value below 30 is often considered oversold, indicating a possible upward price correction. - Fibonacci's Weighted Moving Average
- A technical indicator that assigns different weights to recent data points, giving more significance to recent prices. It helps smooth out price fluctuations and identify trend reversals.
Assessment: The interpretation of the Fibonacci's Weighted Moving Average value depends on its comparison to other moving averages or trendlines. A value above 50 may indicate an uptrend, while a value below 50 may suggest a downtrend. - Williams %R
- A momentum indicator that measures overbought or oversold conditions in an asset. It shows the relationship of the current closing price to the high-low range over a specified period.
Assessment: Williams %R values above -20 are typically considered overbought and may indicate a potential price reversal. Values below -80 are often viewed as oversold, suggesting a potential price bounce. - Relative Volatility Index (RVI)
- A technical indicator that measures the volatility of a security by comparing the magnitude of recent price movements to the magnitude of average price changes. It helps identify periods of high or low volatility.
Assessment: A higher RVI value suggests higher volatility, which can provide trading opportunities but also carries increased risk. - Commodity Channel Index (CCI)
- A versatile indicator that measures the current price level relative to an average price level over a given period. It helps identify overbought or oversold conditions and potential trend reversals.
Assessment: CCI values above 100 are often considered overbought, indicating a potential price correction or reversal. Values below -100 are typically viewed as oversold, suggesting a potential price rebound.