BNY vs. VOO
Compare and contrast key facts about BlackRock New York Municipal Income Trust (BNY) and Vanguard S&P 500 ETF (VOO).
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: BNY or VOO.
Correlation
The correlation between BNY and VOO is 0.11, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BNY vs. VOO - Performance Comparison
Key characteristics
BNY:
0.59
VOO:
1.31
BNY:
0.87
VOO:
1.79
BNY:
1.11
VOO:
1.24
BNY:
0.17
VOO:
2.00
BNY:
1.75
VOO:
8.07
BNY:
2.67%
VOO:
2.10%
BNY:
7.93%
VOO:
12.95%
BNY:
-49.55%
VOO:
-33.99%
BNY:
-21.33%
VOO:
-4.75%
Returns By Period
In the year-to-date period, BNY achieves a 4.76% return, which is significantly higher than VOO's -0.35% return. Over the past 10 years, BNY has underperformed VOO with an annualized return of 1.53%, while VOO has yielded a comparatively higher 12.97% annualized return.
BNY
4.76%
2.53%
1.60%
4.67%
-1.94%
1.53%
VOO
-0.35%
-2.97%
4.30%
15.39%
15.15%
12.97%
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Risk-Adjusted Performance
BNY vs. VOO — Risk-Adjusted Performance Rank
BNY
VOO
BNY vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock New York Municipal Income Trust (BNY) 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.
Dividends
BNY vs. VOO - Dividend Comparison
BNY's dividend yield for the trailing twelve months is around 5.26%, more than VOO's 1.25% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BNY BlackRock New York Municipal Income Trust | 5.26% | 5.30% | 3.78% | 5.53% | 5.06% | 4.16% | 3.87% | 4.71% | 4.99% | 5.39% | 5.31% | 5.77% |
VOO Vanguard S&P 500 ETF | 1.25% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
BNY vs. VOO - Drawdown Comparison
The maximum BNY drawdown since its inception was -49.55%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for BNY and VOO. For additional features, visit the drawdowns tool.
Volatility
BNY vs. VOO - Volatility Comparison
The current volatility for BlackRock New York Municipal Income Trust (BNY) is 2.11%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.01%. This indicates that BNY experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.