MYN vs. BATVX
MYN (BlackRock MuniYield New York Quality Fund) and BATVX (BlackRock Allocation Target Shares) are both Municipal Bonds funds from BlackRock. Over the past 5 years, MYN returned -2.92%/yr vs 1.55%/yr for BATVX. Their 0.10 correlation means their historical movements had little consistent relationship. MYN charges 2.24%/yr vs 0.00%/yr for BATVX.
Performance
MYN vs. BATVX - Performance Comparison
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Returns By Period
In the year-to-date period, MYN achieves a 1.45% return, which is significantly higher than BATVX's 1.20% return.
MYN
- 1D
- -0.51%
- 1M
- -4.33%
- 6M
- -0.96%
- YTD
- 1.45%
- 1Y
- 11.07%
- 3Y*
- 4.46%
- 5Y*
- -2.92%
- 10Y*
- 0.89%
- ALL TIME*
- 2.98%
BATVX
- 1D
- 0.00%
- 1M
- 0.00%
- 6M
- 1.04%
- YTD
- 1.20%
- 1Y
- 2.36%
- 3Y*
- 2.36%
- 5Y*
- 1.55%
- 10Y*
- —
- ALL TIME*
- 1.50%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $2.04M | $1.54M | $1.33M |
MYN vs. BATVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
MYN BlackRock MuniYield New York Quality Fund | 1.45% | 4.67% | 2.87% | 9.80% | -27.05% | 4.49% |
BATVX BlackRock Allocation Target Shares | 1.20% | 2.80% | 2.48% | 1.41% | -0.10% | 0.00% |
Correlation
The correlation between MYN and BATVX is 0.19, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.19 |
Correlation (3Y) Balances recent behavior with more history. | 0.16 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.10 |
Correlation (All Time) Calculated using the full available price history since May 25, 2021 | 0.10 |
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Return for Risk
MYN vs. BATVX — Risk / Return Rank
MYN
BATVX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
MYN vs. BATVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock MuniYield New York Quality Fund (MYN) and BlackRock Allocation Target Shares (BATVX). 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.
| MYN | BATVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.19 | ||
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.25 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.91 | — | — |
| Martin ratioReturn relative to average drawdown | 7.23 | — | — |
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Drawdowns
MYN vs. BATVX - Drawdown Comparison
The maximum MYN drawdown since its inception was -42.89%, which is greater than BATVX's maximum drawdown of -0.20%. Use the drawdown chart below to compare losses from any high point for MYN and BATVX.
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Drawdown Indicators
| MYN | BATVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.89% | -0.20% | -42.69% |
Max Drawdown (1Y)Largest decline over 1 year | -6.40% | 0.00% | -6.40% |
Max Drawdown (3Y)Largest decline over 3 years | -13.29% | -0.10% | -13.19% |
Max Drawdown (5Y)Largest decline over 5 years | -35.89% | -0.20% | -35.69% |
Max Drawdown (10Y)Largest decline over 10 years | -35.99% | — | — |
Current DrawdownCurrent decline from peak | -14.13% | 0.00% | -14.13% |
Average DrawdownAverage peak-to-trough decline | -10.50% | -0.02% | -10.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.69% | 0.00% | +1.69% |
Volatility
MYN vs. BATVX - Volatility Comparison
BlackRock MuniYield New York Quality Fund (MYN) has a higher volatility of 2.09% compared to BlackRock Allocation Target Shares (BATVX) at 0.00%. This indicates that MYN's price experiences larger fluctuations and is considered to be riskier than BATVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MYN | BATVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.09% | 0.00% | +2.09% |
Volatility (6M)Calculated over the trailing 6-month period | 6.83% | 0.48% | +6.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.83% | 0.72% | +8.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.13% | 0.64% | +10.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.40% | 0.63% | +10.77% |
MYN vs. BATVX - Expense Ratio Comparison
MYN has a 2.24% expense ratio, which is higher than BATVX's 0.00% expense ratio.
Dividends
MYN vs. BATVX - Dividend Comparison
MYN's dividend yield for the trailing twelve months is around 6.33%, more than BATVX's 2.33% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BATVX BlackRock Allocation Target Shares | 2.33% | 2.76% | 2.44% | 1.40% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MYN BlackRock MuniYield New York Quality Fund | 6.33% | 6.20% | 5.47% | 3.88% | 5.37% | 4.39% | 4.16% | 3.90% | 4.32% | 4.98% | 5.44% | 5.62% |
Frequently Asked Questions
MYN and BATVX have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MYN has higher volatility (2.09%) compared to BATVX (0.00%). In terms of maximum drawdown, MYN dropped -42.89% vs BATVX's -0.20%.
BATVX currently has the higher Sharpe Ratio (3.57 vs 1.38), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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