RMUNX vs. VNYTX
Compare and contrast key facts about Invesco Rochester New York Municipals Fund (RMUNX) and Vanguard New York Long-Term Tax-Exempt Fund Investor Shares (VNYTX).
RMUNX is managed by Invesco. It was launched on May 14, 1986. VNYTX is managed by Vanguard. It was launched on Apr 7, 1986.
Performance
RMUNX vs. VNYTX - Performance Comparison
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RMUNX vs. VNYTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RMUNX Invesco Rochester New York Municipals Fund | -1.39% | 0.82% | 2.37% | 9.85% | -15.09% | 6.83% | 5.84% | 13.22% | 8.89% | 3.69% |
VNYTX Vanguard New York Long-Term Tax-Exempt Fund Investor Shares | -0.32% | 4.72% | 2.49% | 8.00% | -11.00% | 2.01% | 5.52% | 8.61% | 0.51% | 5.79% |
Returns By Period
In the year-to-date period, RMUNX achieves a -1.39% return, which is significantly lower than VNYTX's -0.32% return. Over the past 10 years, RMUNX has outperformed VNYTX with an annualized return of 3.64%, while VNYTX has yielded a comparatively lower 2.35% annualized return.
RMUNX
- 1D
- 0.42%
- 1M
- -2.47%
- YTD
- -1.39%
- 6M
- -1.20%
- 1Y
- -0.42%
- 3Y*
- 2.45%
- 5Y*
- 0.05%
- 10Y*
- 3.64%
VNYTX
- 1D
- 0.28%
- 1M
- -2.27%
- YTD
- -0.32%
- 6M
- 1.17%
- 1Y
- 4.23%
- 3Y*
- 3.78%
- 5Y*
- 1.12%
- 10Y*
- 2.35%
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RMUNX vs. VNYTX - Expense Ratio Comparison
RMUNX has a 0.78% expense ratio, which is higher than VNYTX's 0.17% expense ratio.
Return for Risk
RMUNX vs. VNYTX — Risk / Return Rank
RMUNX
VNYTX
RMUNX vs. VNYTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Rochester New York Municipals Fund (RMUNX) and Vanguard New York Long-Term Tax-Exempt Fund Investor Shares (VNYTX). 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.
| RMUNX | VNYTX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.03 | 0.85 | -0.82 |
Sortino ratioReturn per unit of downside risk | 0.09 | 1.16 | -1.07 |
Omega ratioGain probability vs. loss probability | 1.02 | 1.23 | -0.21 |
Calmar ratioReturn relative to maximum drawdown | -0.17 | 1.00 | -1.16 |
Martin ratioReturn relative to average drawdown | -0.37 | 3.22 | -3.59 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RMUNX | VNYTX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.03 | 0.85 | -0.82 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.01 | 0.24 | -0.23 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.62 | 0.51 | +0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.03 | 1.00 | +0.03 |
Correlation
The correlation between RMUNX and VNYTX is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
RMUNX vs. VNYTX - Dividend Comparison
RMUNX's dividend yield for the trailing twelve months is around 3.15%, less than VNYTX's 3.65% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RMUNX Invesco Rochester New York Municipals Fund | 3.15% | 5.30% | 4.81% | 3.77% | 3.03% | 3.24% | 3.32% | 3.43% | 3.40% | 4.34% | 6.01% | 6.55% |
VNYTX Vanguard New York Long-Term Tax-Exempt Fund Investor Shares | 3.65% | 4.44% | 3.93% | 2.85% | 2.86% | 2.75% | 3.43% | 3.52% | 3.44% | 3.64% | 3.82% | 3.36% |
Drawdowns
RMUNX vs. VNYTX - Drawdown Comparison
The maximum RMUNX drawdown since its inception was -36.55%, which is greater than VNYTX's maximum drawdown of -21.73%. Use the drawdown chart below to compare losses from any high point for RMUNX and VNYTX.
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Drawdown Indicators
| RMUNX | VNYTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.55% | -21.73% | -14.82% |
Max Drawdown (1Y)Largest decline over 1 year | -7.76% | -5.55% | -2.21% |
Max Drawdown (5Y)Largest decline over 5 years | -21.81% | -16.67% | -5.14% |
Max Drawdown (10Y)Largest decline over 10 years | -21.81% | -16.67% | -5.14% |
Current DrawdownCurrent decline from peak | -5.13% | -2.63% | -2.50% |
Average DrawdownAverage peak-to-trough decline | -3.25% | -2.51% | -0.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.84% | 1.72% | +2.12% |
Volatility
RMUNX vs. VNYTX - Volatility Comparison
Invesco Rochester New York Municipals Fund (RMUNX) has a higher volatility of 1.75% compared to Vanguard New York Long-Term Tax-Exempt Fund Investor Shares (VNYTX) at 1.32%. This indicates that RMUNX's price experiences larger fluctuations and is considered to be riskier than VNYTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RMUNX | VNYTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.75% | 1.32% | +0.43% |
Volatility (6M)Calculated over the trailing 6-month period | 3.05% | 2.04% | +1.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.49% | 5.63% | +2.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.59% | 4.73% | +1.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.97% | 4.58% | +1.39% |