Franklin New York Municipal Income ETF (FTNY) belongs to the Municipal Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FTNY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FTNY
FTNY charges 0.36% annually. There are 117 ETFs in the Municipal Bonds category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Tax-Exempt Bond ETF | 0.03% | 45.70B | Aug 2015 | FTNY vs VTEB | |
| Schwab Municipal Bond ETF | 0.03% | 3.87B | Oct 2022 | FTNY vs SCMB | |
| Fidelity Systematic Municipal Bond Index ETF | 0.05% | 178.36M | Jul 2019 | FTNY vs FMUN | |
| Northern Trust Tax-Exempt Bond ETF | 0.05% | 59.79M | Aug 2025 | FTNY vs TAXT | |
| Northern Trust Short-Term Tax-Exempt Bond ETF | 0.05% | 94.44M | Aug 2025 | FTNY vs TAXS |
Best Risk-Adjusted Alternatives to FTNY
Among 110 ETFs in the Municipal Bonds category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| State Street My2027 Municipal Bond ETF | 98 | 9.88M | Sep 2024 | FTNY vs MYMG | |
| State Street My2026 Municipal Bond ETF | 96 | 8.74M | Sep 2024 | FTNY vs MYMF | |
| First Trust Ultra Short Duration Municipal ETF | 96 | 230.57M | Nov 2018 | FTNY vs FUMB | |
| iShares Short Maturity Municipal Bond ETF | 96 | 1.38B | Mar 2015 | FTNY vs MEAR | |
| iShares Short-Term California Muni Active ETF | 94 | 360.67M | Oct 2007 | FTNY vs CALI |
Top Performing FTNY Alternatives (YTD)
FTNY is at 2.52% YTD. There are 7 ETFs in the Municipal Bonds category with higher YTD returns, going as high as 3.86%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Xtrackers Municipal Infrastructure Revenue Bond ET... | 3.86% | 138.42M | Jun 2013 | FTNY vs RVNU | |
| Overlay Shares Municipal Bond ETF | 3.41% | 30.60M | Sep 2019 | FTNY vs OVM | |
| T. Rowe Price High Income Municipal ETF | 3.16% | 25.30M | Nov 2025 | FTNY vs THYM | |
| First Trust Flexible Municipal High Income ETF | 3.15% | 18.90M | Sep 2016 | FTNY vs MFLX | |
| SPDR Nuveen Bloomberg Barclays High Yield Municipa... | 2.87% | 2.93B | Apr 2011 | FTNY vs HYMB |
Lowest Volatility Alternatives to FTNY
FTNY has 4.01% 1-year volatility. There are 118 ETFs in the Municipal Bonds category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares iBonds Dec 2024 Term Muni Bond ETF | 0.00% | 349.85M | Mar 2018 | FTNY vs IBMM | |
| F/m Ultrashort Tax-Free Municipal ETF | 0.54% | 27.03M | Sep 2025 | FTNY vs ZMUN | |
| iShares iBonds Dec 2025 Term Muni Bond ETF | 0.71% | 348.98M | Nov 2018 | FTNY vs IBMN | |
| Allspring Ultra Short Municipal ETF | 0.73% | 30.06M | Jul 2025 | FTNY vs AUSM | |
| State Street My2026 Municipal Bond ETF | 0.75% | 8.74M | Sep 2024 | FTNY vs MYMF |
Lowest Drawdown Alternatives to FTNY
Among 110 ETFs in the Municipal Bonds category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -0.22%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Ultra Short Duration Municipal ETF | -0.22% | 230.57M | Nov 2018 | FTNY vs FUMB | |
| iShares iBonds Dec 2025 Term Muni Bond ETF | -0.25% | 348.98M | Nov 2018 | FTNY vs IBMN | |
| Invesco BulletShares 2026 Municipal Bond ETF | -0.33% | 294.75M | Sep 2019 | FTNY vs BSMQ | |
| Goldman Sachs Ultra Short Municipal Income ETF | -0.36% | 40.29M | Jul 2024 | FTNY vs GUMI | |
| State Street My2027 Municipal Bond ETF | -0.36% | 9.88M | Sep 2024 | FTNY vs MYMG |
Other ETFs from Franklin Templeton
The 10 most viewed Franklin Templeton ETFs shown here include LVHI, FLIN, FLKR and span 8 categories. AUM among these funds goes as high as $5B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Franklin International Low Volatility High Dividen... | Volatility Hedged Equity, Dividend | 90 | 11.03% | 4.94B | Jul 2016 | FTNY vs LVHI | |
| Franklin FTSE India ETF | Asia Pacific Equities | 3 | -11.97% | 2.53B | Feb 2018 | FTNY vs FLIN | |
| Franklin FTSE South Korea ETF | Asia Pacific Equities | 91 | 75.41% | 1.06B | Nov 2017 | FTNY vs FLKR | |
| Legg Mason Low Volatility High Dividend ETF | Volatility Hedged Equity, Dividend | 38 | 8.83% | 581.01M | Dec 2015 | FTNY vs LVHD | |
| Franklin International Core Dividend Tilt Index ET... | Foreign Large Cap Equities | 48 | 8.85% | 2.55B | Jun 2016 | FTNY vs DIVI | |
| Franklin FTSE Japan ETF | Japan Equities | 48 | 12.80% | 3.79B | Nov 2017 | FTNY vs FLJP | |
| Franklin Responsibly Sourced Gold ETF | Precious Metals | 29 | -0.26% | 469.03M | Jun 2022 | FTNY vs FGDL | |
| Franklin FTSE China ETF | China Equities | 11 | -8.95% | 272.96M | Nov 2017 | FTNY vs FLCH | |
| Franklin FTSE Japan Hedged ETF | Japan Equities | 79 | 16.70% | 166.02M | Nov 2017 | FTNY vs FLJH | |
| Franklin Bitcoin ETF | Cryptocurrency | 2 | -31.15% | 426.34M | Jan 2024 | FTNY vs EZBC |
Compare FTNY with Any Fund or Stock
Compare FTNY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FTNY with funds that move differently
Franklin New York Municipal Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FTNY.
Explore FTNY Diversifiers