FTFMX vs. VNYUX
Compare and contrast key facts about Fidelity New York Municipal Income Fund (FTFMX) and Vanguard New York Long-Term Tax-Exempt Fund Admiral Shares (VNYUX).
FTFMX is managed by Fidelity. It was launched on Jul 10, 1984. VNYUX is managed by Vanguard. It was launched on May 14, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FTFMX or VNYUX.
Correlation
The correlation between FTFMX and VNYUX is -0.13. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
FTFMX vs. VNYUX - Performance Comparison
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Key characteristics
FTFMX:
0.07
VNYUX:
0.06
FTFMX:
0.15
VNYUX:
0.12
FTFMX:
1.02
VNYUX:
1.02
FTFMX:
0.07
VNYUX:
0.05
FTFMX:
0.26
VNYUX:
0.19
FTFMX:
1.98%
VNYUX:
2.02%
FTFMX:
5.85%
VNYUX:
6.24%
FTFMX:
-19.44%
VNYUX:
-17.21%
FTFMX:
-4.74%
VNYUX:
-4.22%
Returns By Period
In the year-to-date period, FTFMX achieves a -1.43% return, which is significantly higher than VNYUX's -1.81% return. Over the past 10 years, FTFMX has underperformed VNYUX with an annualized return of 1.61%, while VNYUX has yielded a comparatively higher 2.10% annualized return.
FTFMX
-1.43%
3.08%
-1.69%
0.42%
0.92%
1.61%
VNYUX
-1.81%
3.33%
-1.87%
0.39%
0.96%
2.10%
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FTFMX vs. VNYUX - Expense Ratio Comparison
FTFMX has a 0.46% expense ratio, which is higher than VNYUX's 0.09% expense ratio.
Risk-Adjusted Performance
FTFMX vs. VNYUX — Risk-Adjusted Performance Rank
FTFMX
VNYUX
FTFMX vs. VNYUX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity New York Municipal Income Fund (FTFMX) and Vanguard New York Long-Term Tax-Exempt Fund Admiral Shares (VNYUX). 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.
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Dividends
FTFMX vs. VNYUX - Dividend Comparison
FTFMX's dividend yield for the trailing twelve months is around 2.62%, less than VNYUX's 3.28% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTFMX Fidelity New York Municipal Income Fund | 2.62% | 2.79% | 2.63% | 2.48% | 2.16% | 2.30% | 2.46% | 2.68% | 2.78% | 3.03% | 4.05% | 3.42% |
VNYUX Vanguard New York Long-Term Tax-Exempt Fund Admiral Shares | 3.28% | 3.45% | 3.16% | 2.94% | 2.51% | 2.73% | 3.02% | 3.30% | 3.26% | 3.38% | 3.34% | 3.50% |
Drawdowns
FTFMX vs. VNYUX - Drawdown Comparison
The maximum FTFMX drawdown since its inception was -19.44%, which is greater than VNYUX's maximum drawdown of -17.21%. Use the drawdown chart below to compare losses from any high point for FTFMX and VNYUX. For additional features, visit the drawdowns tool.
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Volatility
FTFMX vs. VNYUX - Volatility Comparison
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