Vanguard New York Tax-Exempt Bond ETF (MUNY) 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 MUNY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MUNY
MUNY charges 0.09% annually. There are 12 ETFs in the Municipal Bonds category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Schwab Municipal Bond ETF | 0.03% | 4.00B | Oct 2022 | MUNY vs SCMB | |
| Vanguard Tax-Exempt Bond ETF | 0.03% | 47.60B | Aug 2015 | MUNY vs VTEB | |
| Northern Trust Tax-Exempt Bond ETF | 0.05% | 60.72M | Aug 2025 | MUNY vs TAXT | |
| Fidelity Systematic Municipal Bond Index ETF | 0.05% | 183.09M | Jul 2019 | MUNY vs FMUN | |
| Northern Trust Short-Term Tax-Exempt Bond ETF | 0.05% | 126.55M | Aug 2025 | MUNY vs TAXS |
Best Risk-Adjusted Alternatives to MUNY
MUNY has a PortfoliosLab risk / return rank of 77. There are 73 ETFs in the Municipal Bonds category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| State Street My2027 Municipal Bond ETF | 98 | 8.64M | Sep 2024 | MUNY vs MYMG | |
| Allspring Ultra Short Municipal ETF | 97 | 30.06M | Jul 2025 | MUNY vs AUSM | |
| State Street My2026 Municipal Bond ETF | 97 | 8.73M | Sep 2024 | MUNY vs MYMF | |
| First Trust Ultra Short Duration Municipal ETF | 97 | 245.94M | Nov 2018 | MUNY vs FUMB | |
| iShares Short Maturity Municipal Bond ETF | 96 | 1.41B | Mar 2015 | MUNY vs MEAR |
Top Performing MUNY Alternatives (YTD)
MUNY is at 1.32% YTD. There are 75 ETFs in the Municipal Bonds category with higher YTD returns, going as high as 4.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Rareview Tax Advantaged Income ETF | 4.35% | 18.13M | Oct 2020 | MUNY vs RTAI | |
| Xtrackers Municipal Infrastructure Revenue Bond ET... | 4.29% | 143.84M | Jun 2013 | MUNY vs RVNU | |
| First Trust Flexible Municipal High Income ETF | 3.78% | 20.73M | Sep 2016 | MUNY vs MFLX | |
| T. Rowe Price High Income Municipal ETF | 3.74% | 25.42M | Nov 2025 | MUNY vs THYM | |
| Overlay Shares Municipal Bond ETF | 3.62% | 30.60M | Sep 2019 | MUNY vs OVM |
Lowest Volatility Alternatives to MUNY
MUNY has 2.87% 1-year volatility. There are 84 ETFs in the Municipal Bonds category with lower 1-year volatility, going as low as 0.54%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| F/m Ultrashort Tax-Free Municipal ETF | 0.54% | 33.31M | Sep 2025 | MUNY vs ZMUN | |
| State Street My2026 Municipal Bond ETF | 0.70% | 8.73M | Sep 2024 | MUNY vs MYMF | |
| iShares Short-Term California Muni Active ETF | 0.71% | 408.07M | Oct 2007 | MUNY vs CALI | |
| Allspring Ultra Short Municipal ETF | 0.74% | 30.06M | Jul 2025 | MUNY vs AUSM | |
| First Trust Ultra Short Duration Municipal ETF | 0.81% | 245.94M | Nov 2018 | MUNY vs FUMB |
Lowest Drawdown Alternatives to MUNY
MUNY has a 1-year max drawdown of -2.70%. There are 62 ETFs in the Municipal Bonds category with shallower 1-year drawdowns, going as shallow as -0.22%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Ultra Short Duration Municipal ETF | -0.22% | 245.94M | Nov 2018 | MUNY vs FUMB | |
| Invesco BulletShares 2026 Municipal Bond ETF | -0.30% | 283.20M | Sep 2019 | MUNY vs BSMQ | |
| Goldman Sachs Ultra Short Municipal Income ETF | -0.36% | 38.99M | Jul 2024 | MUNY vs GUMI | |
| State Street My2027 Municipal Bond ETF | -0.36% | 8.64M | Sep 2024 | MUNY vs MYMG | |
| iShares iBonds Dec 2026 Term Muni Bond ETF | -0.38% | 581.67M | Apr 2019 | MUNY vs IBMO |
Other ETFs from Vanguard
The 10 most viewed Vanguard ETFs shown here include VOO, VTI, VGT and span 8 categories. AUM among these funds goes as high as $2T.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | S&P 500 | 66 | 10.72% | 1.70T | Sep 2010 | MUNY vs VOO | |
| Vanguard Total Stock Market ETF | Large Cap Blend Equities | 66 | 11.20% | 2.30T | May 2001 | MUNY vs VTI | |
| Vanguard Information Technology ETF | Technology Equities | 50 | 21.52% | 170.10B | Mar 2004 | MUNY vs VGT | |
| Vanguard Total International Stock ETF | Global Equities | 56 | 12.04% | 651.00B | Jan 2011 | MUNY vs VXUS | |
| Vanguard Growth ETF | Large Cap Growth Equities | 30 | 6.69% | 393.80B | Jan 2004 | MUNY vs VUG | |
| Vanguard Total World Stock ETF | Global Equities | 63 | 11.34% | 95.30B | Jun 2008 | MUNY vs VT | |
| Vanguard High Dividend Yield ETF | Dividend | 85 | 13.43% | 96.10B | Nov 2006 | MUNY vs VYM | |
| Vanguard Total Bond Market ETF | Total Bond Market | 36 | 0.26% | 394.40B | Apr 2007 | MUNY vs BND | |
| Vanguard Dividend Appreciation ETF | Dividend | 68 | 9.70% | 127.80B | Apr 2006 | MUNY vs VIG | |
| Vanguard Value ETF | Large Cap Value Equities | 91 | 15.79% | 245.00B | Jan 2004 | MUNY vs VTV |
Often Compared With MUNY
Investors most often compare MUNY with NNY, NYF, PZT. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare MUNY with Any Fund or Stock
Compare MUNY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MUNY with funds that move differently
Vanguard New York Tax-Exempt Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MUNY.
Explore MUNY Diversifiers