DFIC vs. BNY
Compare and contrast key facts about DFA Dimensional International Core Equity 2 ETF (DFIC) and BlackRock New York Municipal Income Trust (BNY).
DFIC is an actively managed fund by Dimensional. It was launched on Mar 23, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DFIC or BNY.
Key characteristics
| DFIC | BNY | |
|---|---|---|
| YTD Return | 4.89% | 5.46% |
| 1Y Return | 12.63% | 16.41% |
| Sharpe Ratio | 1.22 | 2.27 |
| Sortino Ratio | 1.75 | 3.60 |
| Omega Ratio | 1.21 | 1.43 |
| Calmar Ratio | 2.10 | 0.58 |
| Martin Ratio | 6.68 | 12.90 |
| Ulcer Index | 2.34% | 1.49% |
| Daily Std Dev | 12.79% | 8.49% |
| Max Drawdown | -24.40% | -49.56% |
| Current Drawdown | -7.46% | -22.30% |
Correlation
The correlation between DFIC and BNY is 0.30, 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
DFIC vs. BNY - Performance Comparison
In the year-to-date period, DFIC achieves a 4.89% return, which is significantly lower than BNY's 5.46% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
DFIC vs. BNY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DFA Dimensional International Core Equity 2 ETF (DFIC) and BlackRock New York Municipal Income Trust (BNY). 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
DFIC vs. BNY - Dividend Comparison
DFIC's dividend yield for the trailing twelve months is around 2.63%, less than BNY's 4.51% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFIC DFA Dimensional International Core Equity 2 ETF | 2.63% | 2.54% | 1.48% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BNY BlackRock New York Municipal Income Trust | 4.51% | 3.78% | 5.53% | 5.06% | 4.16% | 3.87% | 4.71% | 4.99% | 5.39% | 5.31% | 5.77% | 6.75% |
Drawdowns
DFIC vs. BNY - Drawdown Comparison
The maximum DFIC drawdown since its inception was -24.40%, smaller than the maximum BNY drawdown of -49.56%. Use the drawdown chart below to compare losses from any high point for DFIC and BNY. For additional features, visit the drawdowns tool.
Volatility
DFIC vs. BNY - Volatility Comparison
DFA Dimensional International Core Equity 2 ETF (DFIC) has a higher volatility of 3.75% compared to BlackRock New York Municipal Income Trust (BNY) at 3.45%. This indicates that DFIC's price experiences larger fluctuations and is considered to be riskier than BNY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.