FIVA vs. BNY

Last updated Apr 2, 2026

Compare and contrast key facts about Fidelity International Value Factor ETF (FIVA) and BlackRock New York Municipal Income Trust (BNY).

FIVA is a passively managed fund by Fidelity that tracks the performance of the Fidelity® International Value Factor Index. It was launched on Jan 16, 2018.

Performance

FIVA vs. BNY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity International Value Factor ETF (FIVA) and BlackRock New York Municipal Income Trust (BNY). The values are adjusted to include any dividend payments, if applicable.

FIVA vs. BNY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FIVA Fidelity International Value Factor ETF	4.22%	45.83%	2.53%	20.38%	-10.37%	15.90%	-1.78%	19.78%	-19.20%
BNY BlackRock New York Municipal Income Trust	1.60%	5.80%	1.78%	8.72%	-28.51%	6.39%	8.78%	19.21%	-8.25%

Returns By Period

FIVA

• 1D: 1.58%
• 1M: -4.66%
• YTD: 4.22%
• 6M: 13.27%
• 1Y: 36.80%
• 3Y*: 20.03%
• 5Y*: 12.30%
• 10Y*: —

BNY

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

FIVA vs. BNY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FIVA

FIVA Risk / Return Rank: 91
FIVA Sharpe Ratio Rank: 91
FIVA Sortino Ratio Rank: 92
FIVA Omega Ratio Rank: 92
FIVA Calmar Ratio Rank: 90
FIVA Martin Ratio Rank: 90

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FIVA vs. BNY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity International Value Factor ETF (FIVA) 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.

	FIVA	BNY	Difference
Sharpe ratio Return per unit of total volatility	2.13	—	—
Sortino ratio Return per unit of downside risk	2.82	—	—
Omega ratio Gain probability vs. loss probability	1.41	—	—
Calmar ratio Return relative to maximum drawdown	3.14	—	—
Martin ratio Return relative to average drawdown	12.22	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	FIVA	BNY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.13	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.77	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	—	—

Correlation

The correlation between FIVA and BNY is 0.16, 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.

Dividends

FIVA vs. BNY - Dividend Comparison

FIVA's dividend yield for the trailing twelve months is around 2.73%, less than BNY's 5.50% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FIVA Fidelity International Value Factor ETF	2.73%	2.68%	3.52%	3.63%	3.62%	3.76%	2.46%	3.61%	3.28%	0.00%	0.00%	0.00%
BNY BlackRock New York Municipal Income Trust	5.50%	6.04%	5.30%	3.73%	5.47%	5.03%	4.15%	3.84%	4.66%	4.99%	5.39%	5.31%

Drawdowns

Drawdown Indicators

	FIVA	BNY	Difference
Max Drawdown Largest peak-to-trough decline	-39.76%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-11.71%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-28.70%	—	—
Current Drawdown Current decline from peak	-6.56%	—	—
Average Drawdown Average peak-to-trough decline	-7.89%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.01%	—	—

Volatility

Volatility by Period

	FIVA	BNY	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.08%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.18%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.36%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.10%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.88%	—	—