MAAX Performance — VanEck Muni Allocation ETF
Data updated: 2023-07-11
MAAX returned +0.09% over one year to Apr 2023. The annualised 3-year return is −0.18%. Against its Municipal Bond category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $99, against $99 for the category, and to $100 over one year, against $101. Volatility over the past three years was 8.46% a year. In the 12 months to Apr 2023 the fund lost a net $1.3M, and assets reached $2.31M.
MAAX Growth of $100
What $100 invested in VanEck Muni Allocation ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Municipal Bond category average over the same months.
| Period | MAAX | Category average |
|---|---|---|
| 1 year (May 2022 – Apr 2023) | $100 | $101 |
| 3 years (May 2020 – Apr 2023) | $99 | $99 |
| Since data start (Aug 2019 – Apr 2023) | $92 | $98 |
MAAX Trailing Returns
Total returns to Apr 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +0.09% |
| 3 years (annualised) | −0.18% |
MAAX Annual Returns
Calendar-year total returns of VanEck Muni Allocation ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Apr) | +2.35% |
| 2022 | −14.11% |
| 2021 | +2.30% |
| 2020 | +0.31% |
| 2019 (Aug–Dec) | +1.82% |
MAAX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +3.5% | −3.0% | +2.1% | −0.1% | — | — | — | — | — | — | — | — |
| 2022 | −4.0% | −0.9% | −3.7% | −4.2% | +2.0% | −2.5% | +3.2% | −3.1% | −5.3% | −1.0% | +5.7% | −0.7% |
| 2021 | +1.3% | −2.1% | +0.7% | +1.1% | +0.8% | +0.7% | +0.8% | −0.4% | −1.4% | −0.3% | +0.9% | +0.3% |
| 2020 | +2.3% | +1.2% | −12.1% | −0.3% | +4.2% | +1.6% | +2.1% | −0.3% | −0.2% | −0.2% | +2.0% | +1.0% |
| 2019 | — | — | — | — | — | — | — | +2.2% | −0.8% | +0.2% | +0.2% | 0.0% |
MAAX Risk
Risk measures from monthly returns over May 2020 – Apr 2023.
- 3-year volatility (annualised): 8.46%
- 3-year Sharpe ratio: -0.55 (vs 4.5% risk-free rate)
- Best month: +5.65% (Nov 2022)
- Worst month: −5.33% (Sep 2022)
MAAX Fund Flows
Monthly money in and out of VanEck Muni Allocation ETF, from SEC Form N-PORT.
- 12-month net flow: −$1.3M
- 12-month gross sales (incl. reinvestments): $0
- Sales ÷ redemptions: 0.00×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Apr 2023 | $0 | $0 | $0 |
| Mar 2023 | $0 | $0 | $0 |
| Feb 2023 | $0 | $0 | $0 |
| Jan 2023 | $0 | $0 | $0 |
| Dec 2022 | $0 | $420K | −$420K |
| Nov 2022 | $0 | $0 | $0 |
| Oct 2022 | $0 | $0 | $0 |
| Sep 2022 | $0 | $0 | $0 |
| Aug 2022 | $0 | $0 | $0 |
| Jul 2022 | $0 | $0 | $0 |
| Jun 2022 | $0 | $0 | $0 |
| May 2022 | $0 | $864K | −$864K |
MAAX Assets Under Management
Net assets of VanEck Muni Allocation ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-04-30 | $2.31M |
| 2023-01-31 | $2.36M |
| 2022-10-31 | $2.59M |
| 2022-07-31 | $2.87M |
| 2022-04-30 | $3.68M |
| 2022-01-31 | $4.05M |
| 2021-10-31 | $4.19M |
| 2021-07-31 | $4.06M |
| 2021-04-30 | $4.99M |
| 2021-01-31 | $5.04M |
| 2020-10-31 | $4.86M |
| 2020-07-31 | $4.93M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.