MMIN ETF Analysis: IQ MacKay Municipal Insured | NYSE

Muni National Long | NYSE, USA | Market Cap: 466m USD | 12M Return: -1.2% | US45409F8436 | Charts, Fundamentals & Technical Analysis

Municipal Bonds, Insured Debt, Tax-Exempt Securities, Investment Grade Debt
Total Rating 25
Safety 62
Buy Signal -0.34
Muni National Long
Category Rotation: +3.7
TER: 0.31%
AUM: 466M
Avg Turnover: 3.31M
Risk 3d forecast
Volatility7.46%
VaR 5th Pctl1.36%
VaR vs Median0.91%
Reward TTM
Sharpe Ratio-1.51
Rel. Str. IBD24.8
Rel. Str. Peer Group61.1
Character TTM
Beta0.096
Beta Downside0.111
Hurst Exponent0.575
Drawdowns 3y
Max DD6.43%
CAGR/Max DD0.56
CAGR/Mean DD2.63

Warnings

Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality 8.9 years of data

Jan +0.2% 27
Feb +0.2% 0
Mar -1.2% 19
Apr -0.6% 16
May +0.1% 0
Jun +0.1% 17
Jul +0.3% 25
Aug -0.8% 17
Sep -1.3% 24
Oct -0.5% 22
Nov +0.9% 33
Dec +0.1% 0

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: MMIN IQ MacKay Municipal Insured

The IQ MacKay Municipal Insured ETF (MMIN) is an exchange-traded fund that allocates at least 80% of its assets to two types of debt securities: municipal bonds whose interest is exempt from federal income tax, and debt securities backed by an insurance policy that guarantees the repayment of principal and interest.

As a municipal bond fund, MMIN provides exposure to debt issued primarily by U.S. state and local governments, which generally use bond proceeds to fund public infrastructure and services. The insured feature of the ETF refers to bond insurance-also known as a financial guarantee-underwritten by a third-party insurer that commits to covering scheduled payments if the issuer defaults, thereby lowering the credit risk borne by fund investors.

Headlines to Watch Out For
  • Fed interest rate cuts pressure muni ETF NAV
  • Tax policy changes threaten municipal bond exemption status
  • Bond insurer credit downgrades affect insured holdings value
What is the price of MMIN shares?

As of September 27, 2026, the stock is trading at USD 22.50 with a total of 218,093 shares traded. Over the past week, the price has changed by -1.83%, over one month by -4.44%, over three months by -6.13% and over the past year by -1.24%.

Current recommended Stop Loss: 22.30 (which is 0.9% or 1.5 ATR below the current price).

Is MMIN a buy, sell or hold?

IQ MacKay Municipal Insured has no consensus analysts rating.