NYLI MacKay Securitized Income ETF
$24.18+0.03 (+0.14%)
- 0.40%
- $165M
- −2.0%
- 6.62%
- 0M sh
- $24.15
- low $24.02high $26.53
The ETF.net SECR Grade
B
Score 56 out of 100
- 5 of 10
Score 56 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.C49 out of 100Rank 5 of 10Mission
Whether the fund did what it promised, tested against its stated mandate.A93 out of 100Rank 2 of 10Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D34 out of 100Rank 8 of 10Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F23 out of 100Rank 9 of 10Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A77 out of 100Rank 2 of 10Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D38 out of 100Rank 7 of 10
Our read on SECR
BMost core bond funds lean Treasury-heavy. SECR goes the other way, built from the securitized corner of the market (mortgages, asset-backed paper, CLOs), with current income as the stated point and a monthly payout to match.
The Fund seeks total return with an emphasis on current income.
Why people hold it
- A pure securitized play: mortgage-backed, asset-backed and collateralized loan securities, measured against the Bloomberg U.S. Securitized Bond Index rather than a Treasury-heavy aggregate.
- Income is the stated job, not a side effect. The mandate is total return with an emphasis on current income, and cash goes out monthly.
- Spread across several hundred bonds, so no single deal drives the outcome.
- The portfolio has stayed close to the securitized mandate it advertises, which is not a given in credit corners this specialized.
Worth knowing
- 0.40% a year is real money next to the index giants (BND, SPAB and SCHZ all charge 0.03%). That is the toll for a specialist securitized portfolio.
- Launched in 2024, so the track record is short and has not been through a full rate cycle.
- A smaller, lightly traded fund, so bid/ask spreads can be a bigger slice of the cost than with the mega core bond ETFs.
SECR Holdings
- Bonds
- 454
- 16%
- Fnma 30yr Pool#ma4562 2.000% 01-mar-2052
Sectors
- Financials100.0%
Geography
- United States100.00%
SECR Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
SECR$9,797
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | SECR |
|---|---|
| Year to date | −2.7% |
| 1 month | −1.6% |
| 3 months | −3.2% |
| 1 year | −2.0% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | SECR |
|---|---|---|
| 2026 YTD | −2.7% | |
| 2025 | +7.8% | |
| 2024 | +4.7% |
SECR in the news
SECR Dividends
- 6.62%
- $1.60
- $0.12 per share
- Monthly
Distribution history
SECR Risk
- 4.7%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.01
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −5.1%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.12
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SECR Cost
0.40%
SECR0.40%
- The middle half of Core Securitized Bond funds
- Median 0.40%
5 of the 10 Core Securitized Bond funds charge less.
Other funds in Core Securitized Bond
- BFSECFIDELITY INVESTMENT GRADE SECURITIZED ETFExpense ratio 0.36%1 year return −1.2%
- BJHMBJohn Hancock Investments - Mortgage-Backed Securities ETFExpense ratio 0.39%1 year return −1.7%
- CTRBFAngel Oak Total Return ETFExpense ratio 0.59%1 year return −1.9%
- CCARYAngel Oak Income ETFExpense ratio 1.00%1 year return +2.3%
- CDEEDFirst Trust Securitized Plus ETFExpense ratio 0.66%1 year return −0.7%