VANTX vs. BATVX

Last updated Aug 1, 2026

VANTX (JPMorgan New York Tax Free Bond Fund) and BATVX (BlackRock Allocation Target Shares) are both Municipal Bonds funds. Their 0.09 correlation means their historical movements had little consistent relationship. VANTX charges 0.95%/yr vs 0.00%/yr for BATVX.

Performance

VANTX vs. BATVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan New York Tax Free Bond Fund (VANTX) and BlackRock Allocation Target Shares (BATVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

VANTX

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

BATVX

• 1D: 0.00%
• 1M: 0.00%
• 6M: 1.04%
• YTD: 1.20%
• 1Y: 2.36%
• 3Y*: 2.36%
• 5Y*: 1.55%
• 10Y*: —
• ALL TIME*: 1.50%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BATVX BlackRock Allocation Target Shares	$0.00	$0.00	$0.00

VANTX vs. BATVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
VANTX JPMorgan New York Tax Free Bond Fund	0.99%	2.86%	1.42%	4.76%	-6.09%	0.18%
BATVX BlackRock Allocation Target Shares	1.20%	2.80%	2.48%	1.41%	-0.10%	0.00%

Correlation

The correlation between VANTX and BATVX is 0.18, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.18
Correlation (3Y) Balances recent behavior with more history.	0.10
Correlation (5Y) Shows whether the relationship held over a longer period.	0.09
Correlation (All Time) Calculated using the full available price history since May 25, 2021	0.09

Return for Risk

VANTX vs. BATVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan New York Tax Free Bond Fund (VANTX) and BlackRock Allocation Target Shares (BATVX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	VANTX	BATVX	Difference
Sharpe ratio: Return per unit of total volatility	—	3.57	—
Sortino ratio: Return per unit of downside risk	—	—	—
Omega ratio: Gain probability vs. loss probability	—	—	—
Calmar ratio: Return relative to maximum drawdown	—	—	—
Martin ratio: Return relative to average drawdown	—	—	—

Drawdowns

Drawdown Indicators

	VANTX	BATVX	Difference
Max Drawdown Largest peak-to-trough decline	—	-0.20%	—
Max Drawdown (1Y) Largest decline over 1 year	—	0.00%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-0.10%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-0.20%	—
Current Drawdown Current decline from peak	—	0.00%	—
Average Drawdown Average peak-to-trough decline	—	-0.02%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.00%	—

Volatility

Volatility by Period

	VANTX	BATVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.00%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.48%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	0.72%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	0.64%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	0.63%	—

VANTX vs. BATVX - Expense Ratio Comparison

VANTX has a 0.95% expense ratio, which is higher than BATVX's 0.00% expense ratio.

Dividends

VANTX vs. BATVX - Dividend Comparison

VANTX's dividend yield for the trailing twelve months is around 2.56%, more than BATVX's 2.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BATVX BlackRock Allocation Target Shares	2.33%	2.76%	2.44%	1.40%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VANTX JPMorgan New York Tax Free Bond Fund	2.56%	3.11%	3.13%	2.57%	2.00%	1.65%	1.73%	2.09%	2.75%	2.88%	3.08%	4.11%

Frequently Asked Questions

Can I hold both VANTX and BATVX in my portfolio?

VANTX and BATVX have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.