Performance analysis of MMSD (IQ MACKAY MUNICIPAL SHORT DURATION ETF)
Annual Return
Since May 6, 2025, MMSD has had an average annual return of +4.19%, underperforming the benchmark SPY, which returned +28.82% annual.
| 2026 | 2025 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +1.38% | +3.66% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.74% | +0.69% | -1.03% | +0.53% | +0.31% | +0.34% | -0.20% | +1.38% | |||||
| 2025 | +0.22% | +0.85% | +0.58% | +0.79% | +0.51% | +0.02% | +0.36% | +0.28% | +3.66% |
Drawdown analysis of MMSD (IQ MACKAY MUNICIPAL SHORT DURATION ETF)
The maximum drawdown for the MMSD was -1.34%, occurring on Mar 26, 2026. Recovery took 53 trading sessions.
The current MMSD drawdown is -0.34%.
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -1.34% | Feb 26, 2026 | 20 | Mar 26, 2026 | 53 | Jun 11, 2026 | 73 |
| -0.49% | Sep 15, 2025 | 37 | Nov 5, 2025 | 28 | Dec 16, 2025 | 65 |
| -0.40% | Jul 6, 2026 | 10 | Jul 20, 2026 | Ongoing | Ongoing | Ongoing |
| -0.36% | May 16, 2025 | 3 | May 21, 2025 | 3 | May 27, 2025 | 6 |
| -0.22% | May 6, 2025 | 6 | May 14, 2025 | 2 | May 16, 2025 | 8 |
| -0.20% | Jun 11, 2026 | 4 | Jun 17, 2026 | 4 | Jun 24, 2026 | 8 |
| -0.16% | Jan 14, 2026 | 3 | Jan 20, 2026 | 1 | Jan 21, 2026 | 4 |
| -0.16% | Jul 10, 2025 | 4 | Jul 16, 2025 | 3 | Jul 21, 2025 | 7 |
| -0.14% | Jun 12, 2025 | 1 | Jun 13, 2025 | 5 | Jun 23, 2025 | 6 |
| -0.13% | Jun 5, 2025 | 1 | Jun 6, 2025 | 2 | Jun 10, 2025 | 3 |
| -0.13% | Jul 29, 2025 | 1 | Jul 30, 2025 | 1 | Jul 31, 2025 | 2 |
| -0.10% | Jun 29, 2026 | 2 | Jul 1, 2026 | 2 | Jul 6, 2026 | 4 |
| -0.10% | Jan 21, 2026 | 1 | Jan 22, 2026 | 4 | Jan 28, 2026 | 5 |
| -0.09% | Jan 9, 2026 | 1 | Jan 12, 2026 | 2 | Jan 14, 2026 | 3 |
| -0.08% | May 27, 2025 | 1 | May 28, 2025 | 2 | May 30, 2025 | 3 |
| -0.08% | Aug 29, 2025 | 1 | Sep 2, 2025 | 1 | Sep 3, 2025 | 2 |
| -0.08% | Sep 8, 2025 | 1 | Sep 9, 2025 | 1 | Sep 10, 2025 | 2 |
| -0.08% | Dec 18, 2025 | 1 | Dec 19, 2025 | 5 | Dec 29, 2025 | 6 |
| -0.06% | Aug 25, 2025 | 1 | Aug 26, 2025 | 1 | Aug 27, 2025 | 2 |
| -0.06% | Sep 11, 2025 | 1 | Sep 12, 2025 | 1 | Sep 15, 2025 | 2 |
| -0.06% | Jan 7, 2026 | 1 | Jan 8, 2026 | 1 | Jan 9, 2026 | 2 |
| -0.06% | Feb 17, 2026 | 1 | Feb 18, 2026 | 3 | Feb 23, 2026 | 4 |
| -0.05% | Aug 11, 2025 | 1 | Aug 12, 2025 | 1 | Aug 13, 2025 | 2 |
| -0.05% | Aug 19, 2025 | 2 | Aug 21, 2025 | 1 | Aug 22, 2025 | 3 |
| -0.05% | Feb 5, 2026 | 1 | Feb 6, 2026 | 1 | Feb 9, 2026 | 2 |