ALNYX vs. VOO
Compare and contrast key facts about AB Municipal Income Fund New York Portfolio (ALNYX) and Vanguard S&P 500 ETF (VOO).
ALNYX is managed by AllianceBernstein. It was launched on Dec 28, 1986. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ALNYX or VOO.
Correlation
The correlation between ALNYX and VOO is -0.80. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
ALNYX vs. VOO - Performance Comparison
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Key characteristics
ALNYX:
1.67%
VOO:
19.11%
ALNYX:
-0.11%
VOO:
-33.99%
ALNYX:
-0.11%
VOO:
-7.67%
Returns By Period
ALNYX
N/A
N/A
N/A
N/A
N/A
N/A
VOO
-3.41%
5.73%
-5.06%
9.79%
16.35%
12.31%
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ALNYX vs. VOO - Expense Ratio Comparison
ALNYX has a 0.75% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
ALNYX vs. VOO — Risk-Adjusted Performance Rank
ALNYX
VOO
ALNYX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AB Municipal Income Fund New York Portfolio (ALNYX) and Vanguard S&P 500 ETF (VOO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
ALNYX vs. VOO - Dividend Comparison
ALNYX's dividend yield for the trailing twelve months is around 2.80%, more than VOO's 1.34% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALNYX AB Municipal Income Fund New York Portfolio | 2.80% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.34% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
ALNYX vs. VOO - Drawdown Comparison
The maximum ALNYX drawdown since its inception was -0.11%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for ALNYX and VOO. For additional features, visit the drawdowns tool.
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Volatility
ALNYX vs. VOO - Volatility Comparison
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