RMNY vs. VTEI

Last updated Apr 7, 2026

Compare and contrast key facts about Rockefeller New York Municipal Bond ETF (RMNY) and Vanguard Intermediate-Term Tax-Exempt Bond ETF (VTEI).

RMNY and VTEI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RMNY is an actively managed fund by Rockefeller. It was launched on Aug 12, 2024. VTEI is a passively managed fund by Vanguard that tracks the performance of the S&P Intermediate Term National AMT-Free Municipal Bond Index. It was launched on Jan 29, 2024.

Performance

RMNY vs. VTEI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rockefeller New York Municipal Bond ETF (RMNY) and Vanguard Intermediate-Term Tax-Exempt Bond ETF (VTEI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RMNY achieves a 0.92% return, which is significantly higher than VTEI's -0.02% return.

RMNY

• 1D: 0.00%
• 1M: -0.11%
• YTD: 0.92%
• 6M: 2.13%
• 1Y: 2.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VTEI

• 1D: -0.08%
• 1M: -1.15%
• YTD: -0.02%
• 6M: 1.41%
• 1Y: 3.47%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RMNY vs. VTEI - Yearly Performance Comparison

	2026 (YTD)	2025	2024
RMNY Rockefeller New York Municipal Bond ETF	0.92%	2.35%	0.86%
VTEI Vanguard Intermediate-Term Tax-Exempt Bond ETF	-0.02%	4.59%	0.35%

Correlation

The correlation between RMNY and VTEI is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined. Holding both can reduce overall portfolio volatility compared to holding either one alone.

RMNY vs. VTEI - Expense Ratio Comparison

RMNY has a 0.55% expense ratio, which is higher than VTEI's 0.08% expense ratio.

RMNY

Rockefeller New York Municipal Bond ETF

VTEI

Vanguard Intermediate-Term Tax-Exempt Bond ETF

Return for Risk

RMNY vs. VTEI — Risk / Return Rank

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

RMNY

RMNY Risk / Return Rank: 20
RMNY Sharpe Ratio Rank: 20
RMNY Sortino Ratio Rank: 17
RMNY Omega Ratio Rank: 20
RMNY Calmar Ratio Rank: 22
RMNY Martin Ratio Rank: 19

VTEI

VTEI Risk / Return Rank: 45
VTEI Sharpe Ratio Rank: 51
VTEI Sortino Ratio Rank: 41
VTEI Omega Ratio Rank: 61
VTEI Calmar Ratio Rank: 38
VTEI Martin Ratio Rank: 35

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.

RMNY vs. VTEI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rockefeller New York Municipal Bond ETF (RMNY) and Vanguard Intermediate-Term Tax-Exempt Bond ETF (VTEI). 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.

	RMNY	VTEI	Difference
Sharpe ratio Return per unit of total volatility	0.48	1.04	-0.55
Sortino ratio Return per unit of downside risk	0.66	1.29	-0.63
Omega ratio Gain probability vs. loss probability	1.11	1.25	-0.15
Calmar ratio Return relative to maximum drawdown	0.74	1.33	-0.59
Martin ratio Return relative to average drawdown	1.64	4.33	-2.68
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RMNY vs. VTEI - Sharpe Ratio Comparison

The current RMNY Sharpe Ratio is 0.48, which is lower than the VTEI Sharpe Ratio of 1.04. The chart below compares the historical Sharpe Ratios of RMNY and VTEI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	RMNY	VTEI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.48	1.04	-0.55
Sharpe Ratio (All Time) Calculated using the full available price history	0.48	0.91	-0.43

Drawdowns

RMNY vs. VTEI - Drawdown Comparison

The maximum RMNY drawdown since its inception was -5.70%, which is greater than VTEI's maximum drawdown of -3.64%. Use the drawdown chart below to compare losses from any high point for RMNY and VTEI.

Drawdown Indicators

	RMNY	VTEI	Difference
Max Drawdown Largest peak-to-trough decline	-5.70%	-3.64%	-2.06%
Max Drawdown (1Y) Largest decline over 1 year	-2.66%	-2.61%	-0.05%
Current Drawdown Current decline from peak	-0.87%	-1.97%	+1.10%
Average Drawdown Average peak-to-trough decline	-1.65%	-0.73%	-0.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.03%	1.02%	+1.01%

Volatility

RMNY vs. VTEI - Volatility Comparison

Rockefeller New York Municipal Bond ETF (RMNY) has a higher volatility of 1.94% compared to Vanguard Intermediate-Term Tax-Exempt Bond ETF (VTEI) at 1.16%. This indicates that RMNY's price experiences larger fluctuations and is considered to be riskier than VTEI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RMNY	VTEI	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.94%	1.16%	+0.78%
Volatility (6M) Calculated over the trailing 6-month period	2.60%	1.56%	+1.04%
Volatility (1Y) Calculated over the trailing 1-year period	5.65%	3.37%	+2.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.33%	3.09%	+2.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.33%	3.09%	+2.24%

Dividends

RMNY vs. VTEI - Dividend Comparison

RMNY's dividend yield for the trailing twelve months is around 4.13%, more than VTEI's 3.05% yield.

	TTM	2025	2024
RMNY Rockefeller New York Municipal Bond ETF	4.13%	4.10%	1.31%
VTEI Vanguard Intermediate-Term Tax-Exempt Bond ETF	3.05%	3.00%	2.65%