NYF vs. NXN

Last updated Apr 2, 2026

Compare and contrast key facts about iShares New York Muni Bond ETF (NYF) and Nuveen New York Select Tax-Free Income Portfolio (NXN).

NYF is a passively managed fund by iShares that tracks the performance of the S&P New York AMT-Free Municipal Bond Index. It was launched on Oct 4, 2007.

Performance

NYF vs. NXN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares New York Muni Bond ETF (NYF) and Nuveen New York Select Tax-Free Income Portfolio (NXN). The values are adjusted to include any dividend payments, if applicable.

NYF vs. NXN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NYF iShares New York Muni Bond ETF	0.08%	3.64%	1.13%	5.76%	-7.75%	1.34%	4.18%	6.49%	0.66%	5.02%
NXN Nuveen New York Select Tax-Free Income Portfolio	0.58%	11.02%	0.74%	5.63%	-11.90%	-1.09%	3.84%	14.04%	-1.95%	7.22%

Returns By Period

NYF

• 1D: 0.30%
• 1M: -1.77%
• YTD: 0.08%
• 6M: 1.30%
• 1Y: 3.82%
• 3Y*: 2.67%
• 5Y*: 0.85%
• 10Y*: 1.81%

NXN

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

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

Return for Risk

NYF vs. NXN — Risk / Return Rank

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

NYF

NYF Risk / Return Rank: 47
NYF Sharpe Ratio Rank: 51
NYF Sortino Ratio Rank: 41
NYF Omega Ratio Rank: 56
NYF Calmar Ratio Rank: 47
NYF Martin Ratio Rank: 38

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.

NYF vs. NXN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares New York Muni Bond ETF (NYF) and Nuveen New York Select Tax-Free Income Portfolio (NXN). 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.

	NYF	NXN	Difference
Sharpe ratio Return per unit of total volatility	0.96	—	—
Sortino ratio Return per unit of downside risk	1.21	—	—
Omega ratio Gain probability vs. loss probability	1.22	—	—
Calmar ratio Return relative to maximum drawdown	1.30	—	—
Martin ratio Return relative to average drawdown	3.65	—	—
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

	NYF	NXN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.96	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.21	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.41	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	—	—

Correlation

The correlation between NYF and NXN 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

NYF vs. NXN - Dividend Comparison

NYF's dividend yield for the trailing twelve months is around 3.08%, which matches NXN's 3.11% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NYF iShares New York Muni Bond ETF	3.08%	2.99%	2.77%	2.36%	2.04%	1.85%	1.98%	2.19%	2.48%	2.46%	2.43%	2.60%
NXN Nuveen New York Select Tax-Free Income Portfolio	3.11%	4.18%	4.37%	4.12%	3.55%	3.10%	3.34%	3.39%	3.92%	4.03%	4.17%	4.03%

Drawdowns

Drawdown Indicators

	NYF	NXN	Difference
Max Drawdown Largest peak-to-trough decline	-13.12%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-3.34%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-12.71%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-13.12%	—	—
Current Drawdown Current decline from peak	-1.97%	—	—
Average Drawdown Average peak-to-trough decline	-2.32%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	1.19%	—	—

Volatility

Volatility by Period

	NYF	NXN	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.41%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.90%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	4.02%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.98%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.48%	—	—