PSNYX vs. DTGRX
Compare and contrast key facts about BNY Mellon New York AMT-Free Municipal Bond Fund (PSNYX) and BNY Mellon Technology Growth Fund (DTGRX).
PSNYX is managed by BNY Mellon. It was launched on Dec 30, 1986. DTGRX is managed by BNY Mellon. It was launched on Oct 12, 1997.
Performance
PSNYX vs. DTGRX - Performance Comparison
Loading graphics...
PSNYX vs. DTGRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PSNYX BNY Mellon New York AMT-Free Municipal Bond Fund | -0.26% | 3.47% | 1.93% | 5.66% | -10.84% | 1.91% | 3.77% | 7.91% | -0.39% | 5.07% |
DTGRX BNY Mellon Technology Growth Fund | -7.70% | 27.20% | 30.78% | 59.98% | -46.44% | 12.62% | 69.80% | 52.82% | -1.47% | 42.50% |
Returns By Period
In the year-to-date period, PSNYX achieves a -0.26% return, which is significantly higher than DTGRX's -7.70% return. Over the past 10 years, PSNYX has underperformed DTGRX with an annualized return of 1.50%, while DTGRX has yielded a comparatively higher 18.88% annualized return.
PSNYX
- 1D
- 0.30%
- 1M
- -1.97%
- YTD
- -0.26%
- 6M
- 0.93%
- 1Y
- 2.98%
- 3Y*
- 2.72%
- 5Y*
- 0.23%
- 10Y*
- 1.50%
DTGRX
- 1D
- 4.35%
- 1M
- -6.78%
- YTD
- -7.70%
- 6M
- -6.42%
- 1Y
- 28.49%
- 3Y*
- 26.75%
- 5Y*
- 7.49%
- 10Y*
- 18.88%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PSNYX vs. DTGRX - Expense Ratio Comparison
PSNYX has a 0.79% expense ratio, which is lower than DTGRX's 1.16% expense ratio.
Return for Risk
PSNYX vs. DTGRX — Risk / Return Rank
PSNYX
DTGRX
PSNYX vs. DTGRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNY Mellon New York AMT-Free Municipal Bond Fund (PSNYX) and BNY Mellon Technology Growth Fund (DTGRX). 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.
| PSNYX | DTGRX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.60 | 1.10 | -0.51 |
Sortino ratioReturn per unit of downside risk | 0.83 | 1.65 | -0.82 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.23 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 0.84 | 1.68 | -0.84 |
Martin ratioReturn relative to average drawdown | 2.38 | 5.91 | -3.52 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| PSNYX | DTGRX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.60 | 1.10 | -0.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.06 | 0.26 | -0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.37 | 0.68 | -0.31 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.91 | 0.40 | +0.51 |
Correlation
The correlation between PSNYX and DTGRX is -0.08. 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.
Dividends
PSNYX vs. DTGRX - Dividend Comparison
PSNYX's dividend yield for the trailing twelve months is around 2.92%, less than DTGRX's 13.05% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PSNYX BNY Mellon New York AMT-Free Municipal Bond Fund | 2.92% | 3.80% | 2.72% | 2.12% | 2.16% | 2.09% | 3.15% | 3.13% | 2.68% | 2.63% | 2.85% | 3.00% |
DTGRX BNY Mellon Technology Growth Fund | 13.05% | 12.04% | 8.98% | 0.00% | 0.00% | 21.32% | 5.76% | 34.25% | 30.17% | 9.91% | 10.19% | 6.52% |
Drawdowns
PSNYX vs. DTGRX - Drawdown Comparison
The maximum PSNYX drawdown since its inception was -27.64%, smaller than the maximum DTGRX drawdown of -83.23%. Use the drawdown chart below to compare losses from any high point for PSNYX and DTGRX.
Loading graphics...
Drawdown Indicators
| PSNYX | DTGRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.64% | -83.23% | +55.59% |
Max Drawdown (1Y)Largest decline over 1 year | -4.87% | -17.27% | +12.40% |
Max Drawdown (5Y)Largest decline over 5 years | -15.65% | -52.92% | +37.27% |
Max Drawdown (10Y)Largest decline over 10 years | -15.65% | -52.92% | +37.27% |
Current DrawdownCurrent decline from peak | -2.25% | -13.67% | +11.42% |
Average DrawdownAverage peak-to-trough decline | -3.09% | -38.97% | +35.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.71% | 4.91% | -3.20% |
Volatility
PSNYX vs. DTGRX - Volatility Comparison
The current volatility for BNY Mellon New York AMT-Free Municipal Bond Fund (PSNYX) is 1.22%, while BNY Mellon Technology Growth Fund (DTGRX) has a volatility of 8.59%. This indicates that PSNYX experiences smaller price fluctuations and is considered to be less risky than DTGRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PSNYX | DTGRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.22% | 8.59% | -7.37% |
Volatility (6M)Calculated over the trailing 6-month period | 1.74% | 17.13% | -15.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.71% | 27.35% | -21.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.11% | 28.58% | -24.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.05% | 27.84% | -23.79% |