NYM vs. BPH

Last updated Jun 4, 2026

NYM (AB New York Intermediate Municipal ETF) and BPH (BP p.l.c. ADRhedged ETF) are both exchange-traded funds - NYM is a Municipal Bonds fund actively managed by AllianceBernstein, while BPH is a Oil & Gas fund actively managed by Precidian. Both are actively managed. At a 0.03 correlation, their price movements are largely independent. NYM charges 0.27%/yr vs 0.19%/yr for BPH.

Performance

NYM vs. BPH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AB New York Intermediate Municipal ETF (NYM) and BP p.l.c. ADRhedged ETF (BPH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NYM

• 1D: 0.04%
• 1M: 0.48%
• YTD: 1.43%
• 6M: 1.92%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BPH

• 1D: 1.20%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NYM vs. BPH - Yearly Performance Comparison

	2026 (YTD)
NYM AB New York Intermediate Municipal ETF	0.48%
BPH BP p.l.c. ADRhedged ETF	2.83%

Correlation

The correlation between NYM and BPH is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 27, 2026	0.03

Return for Risk

NYM vs. BPH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AB New York Intermediate Municipal ETF (NYM) and BP p.l.c. ADRhedged ETF (BPH). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	NYM	BPH	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.63	9.48	-7.85

Drawdowns

NYM vs. BPH - Drawdown Comparison

The maximum NYM drawdown since its inception was -1.76%, smaller than the maximum BPH drawdown of -2.35%. Use the drawdown chart below to compare losses from any high point for NYM and BPH.

Drawdown Indicators

	NYM	BPH	Difference
Max Drawdown Largest peak-to-trough decline	-1.76%	-2.35%	+0.59%
Current Drawdown Current decline from peak	-0.23%	0.00%	-0.23%
Average Drawdown Average peak-to-trough decline	-0.42%	-1.08%	+0.66%

Volatility

Volatility by Period

	NYM	BPH	Difference
Volatility (1Y) Calculated over the trailing 1-year period	2.06%	25.75%	-23.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.06%	25.75%	-23.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.06%	25.75%	-23.69%

NYM vs. BPH - Expense Ratio Comparison

NYM has a 0.27% expense ratio, which is higher than BPH's 0.19% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

NYM vs. BPH - Dividend Comparison

NYM's dividend yield for the trailing twelve months is around 1.73%, while BPH has not paid dividends to shareholders.

Position	TTM	2025
BPH BP p.l.c. ADRhedged ETF	0.00%	0.00%
NYM AB New York Intermediate Municipal ETF	1.73%	0.49%

Frequently Asked Questions

Can I hold both NYM and BPH in my portfolio?

NYM and BPH have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NYM or BPH?

On fees, BPH is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NYM or BPH?

BPH is cheaper with a 0.19% expense ratio, compared with 0.27% for NYM.

Which ETF pays a higher dividend yield, NYM or BPH?

NYM has the higher dividend yield at 1.73%, compared with 0.00% for BPH.

What is the main difference between NYM and BPH?

NYM is categorized as Municipal Bonds, while BPH is Oil & Gas. They also come from different issuers: AllianceBernstein and Precidian. Their fees differ too: 0.27% for NYM and 0.19% for BPH.