Vanguard New York Tax-Exempt Bond ETF (MUNY)

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The chart shows the growth of an initial investment of $10,000 in Vanguard New York Tax-Exempt Bond ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Based on dividend-adjusted daily data since May 22, 2025, MUNY's average daily return is +0.02%, while the average monthly return is +0.48%. At this rate, your investment would double in approximately 12.1 years.

Historically, 82% of months were positive and 18% were negative. The best month was Sep 2025 with a return of +2.6%, while the worst month was Mar 2026 at -2.2%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 1 months.

On a daily basis, MUNY closed higher 59% of trading days. The best single day was Jun 4, 2025 with a return of +1.9%, while the worst single day was Jun 5, 2025 at -1.8%.

Vanguard New York Tax-Exempt Bond ETF has an annualized alpha of 5.61%, beta of 0.05, and R² of 0.02 versus S&P 500 Index. Calculated based on daily prices since May 23, 2025.

• This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (30.83%) than losses (12.17%) — typical of diversified or defensive assets.
• Beta of 0.05 may look defensive, but with R² of 0.02 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R² of 0.02 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

MUNY has an expense ratio of 0.09%, which is considered low.

The table below present risk-adjusted performance metrics for Vanguard New York Tax-Exempt Bond ETF (MUNY) and compare them to a chosen benchmark (S&P 500 Index).

Vanguard New York Tax-Exempt Bond ETF provided a 2.33% dividend yield over the last twelve months, with an annual payout of $2.39 per share.

The table displays the monthly dividend distributions for Vanguard New York Tax-Exempt Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Vanguard New York Tax-Exempt Bond ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Vanguard New York Tax-Exempt Bond ETF was 2.70%, occurring on Mar 24, 2026. The portfolio has not yet recovered.

The current Vanguard New York Tax-Exempt Bond ETF drawdown is 2.21%.

The chart below shows the rolling one-month volatility.