BNY vs. VTI
Compare and contrast key facts about BlackRock New York Municipal Income Trust (BNY) and Vanguard Total Stock Market ETF (VTI).
VTI is a passively managed fund by Vanguard that tracks the performance of the CRSP US Total Market Index. It was launched on May 24, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BNY or VTI.
Key characteristics
| BNY | VTI | |
|---|---|---|
| YTD Return | 6.25% | 26.35% |
| 1Y Return | 20.04% | 40.48% |
| 3Y Return (Ann) | -6.92% | 8.68% |
| 5Y Return (Ann) | -0.74% | 15.37% |
| 10Y Return (Ann) | 1.80% | 12.90% |
| Sharpe Ratio | 2.20 | 3.10 |
| Sortino Ratio | 3.48 | 4.13 |
| Omega Ratio | 1.42 | 1.58 |
| Calmar Ratio | 0.54 | 4.21 |
| Martin Ratio | 12.92 | 20.25 |
| Ulcer Index | 1.45% | 1.94% |
| Daily Std Dev | 8.52% | 12.68% |
| Max Drawdown | -49.56% | -55.45% |
| Current Drawdown | -21.71% | 0.00% |
Correlation
The correlation between BNY and VTI is 0.10, 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. VTI - Performance Comparison
In the year-to-date period, BNY achieves a 6.25% return, which is significantly lower than VTI's 26.35% return. Over the past 10 years, BNY has underperformed VTI with an annualized return of 1.80%, while VTI has yielded a comparatively higher 12.90% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
BNY vs. VTI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock New York Municipal Income Trust (BNY) and Vanguard Total Stock Market ETF (VTI). 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. VTI - Dividend Comparison
BNY's dividend yield for the trailing twelve months is around 4.77%, more than VTI's 1.26% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BNY BlackRock New York Municipal Income Trust | 4.77% | 3.78% | 5.53% | 5.06% | 4.16% | 3.87% | 4.71% | 4.99% | 5.39% | 5.31% | 5.77% | 6.75% |
VTI Vanguard Total Stock Market ETF | 1.26% | 1.44% | 1.67% | 1.21% | 1.42% | 1.78% | 2.04% | 1.71% | 1.92% | 1.98% | 1.76% | 1.74% |
Drawdowns
BNY vs. VTI - Drawdown Comparison
The maximum BNY drawdown since its inception was -49.56%, smaller than the maximum VTI drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for BNY and VTI. For additional features, visit the drawdowns tool.
Volatility
BNY vs. VTI - Volatility Comparison
The current volatility for BlackRock New York Municipal Income Trust (BNY) is 3.39%, while Vanguard Total Stock Market ETF (VTI) has a volatility of 4.11%. This indicates that BNY experiences smaller price fluctuations and is considered to be less risky than VTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.