EYEG vs. NYM
EYEG (AB Corporate Bond ETF) and NYM (AB New York Intermediate Municipal ETF) are both exchange-traded funds - EYEG is a Corporate Bonds fund actively managed by AllianceBernstein, while NYM is a Municipal Bonds fund actively managed by AllianceBernstein. Both are actively managed. Their 0.54 correlation means they have sometimes moved together and sometimes differently. EYEG charges 0.30%/yr vs 0.27%/yr for NYM.
Performance
EYEG vs. NYM - Performance Comparison
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Returns By Period
In the year-to-date period, EYEG achieves a -1.02% return, which is significantly lower than NYM's 0.73% return.
EYEG
- 1D
- -0.16%
- 1M
- -1.82%
- 6M
- -1.30%
- YTD
- -1.02%
- 1Y
- 1.33%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 4.13%
NYM
- 1D
- -0.06%
- 1M
- -0.98%
- 6M
- 0.11%
- YTD
- 0.73%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $8.83K | $6.17K | $6.63K | |
| $1.37M | $1.39M | $1.99M |
EYEG vs. NYM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
EYEG AB Corporate Bond ETF | -1.02% | 0.37% |
NYM AB New York Intermediate Municipal ETF | 0.73% | 0.47% |
Correlation
The correlation between EYEG and NYM is 0.54, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 10, 2025 | 0.54 |
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Return for Risk
EYEG vs. NYM — Risk / Return Rank
EYEG
NYM
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
EYEG vs. NYM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AB Corporate Bond ETF (EYEG) and AB New York Intermediate Municipal ETF (NYM). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EYEG | NYM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.08 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.74 | — | — |
| Martin ratioReturn relative to average drawdown | 1.92 | — | — |
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Drawdowns
EYEG vs. NYM - Drawdown Comparison
The maximum EYEG drawdown since its inception was -4.66%, which is greater than NYM's maximum drawdown of -1.76%. Use the drawdown chart below to compare losses from any high point for EYEG and NYM.
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Drawdown Indicators
| EYEG | NYM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.66% | -1.76% | -2.90% |
Max Drawdown (1Y)Largest decline over 1 year | -2.84% | — | — |
Current DrawdownCurrent decline from peak | -2.32% | -1.09% | -1.23% |
Average DrawdownAverage peak-to-trough decline | -1.24% | -0.40% | -0.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.10% | — | — |
Volatility
EYEG vs. NYM - Volatility Comparison
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Volatility by Period
| EYEG | NYM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.20% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 3.39% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 4.30% | 2.01% | +2.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.40% | 2.01% | +3.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.40% | 2.01% | +3.39% |
EYEG vs. NYM - Expense Ratio Comparison
EYEG has a 0.30% expense ratio, which is higher than NYM's 0.27% expense ratio.
Dividends
EYEG vs. NYM - Dividend Comparison
EYEG's dividend yield for the trailing twelve months is around 5.01%, more than NYM's 1.99% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
EYEG AB Corporate Bond ETF | 4.58% | 4.94% | 6.07% | 0.25% |
NYM AB New York Intermediate Municipal ETF | 1.99% | 0.49% | 0.00% | 0.00% |
Frequently Asked Questions
EYEG and NYM have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, NYM is cheaper at 0.27% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NYM is cheaper with a 0.27% expense ratio, compared with 0.30% for EYEG.
EYEG has the higher dividend yield at 4.58%, compared with 1.99% for NYM.
EYEG is categorized as Corporate Bonds, while NYM is Municipal Bonds. Their fees differ too: 0.30% for EYEG and 0.27% for NYM.
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