VNYTX vs. VWELX
Compare and contrast key facts about Vanguard New York Long-Term Tax-Exempt Fund Investor Shares (VNYTX) and Vanguard Wellington Fund Investor Shares (VWELX).
VNYTX is managed by Vanguard. It was launched on Apr 7, 1986. VWELX is managed by Vanguard. It was launched on Jul 1, 1929.
Performance
VNYTX vs. VWELX - Performance Comparison
Loading graphics...
VNYTX vs. VWELX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
VWELX Vanguard Wellington Fund Investor Shares | -3.35% | 16.54% | 14.73% | 14.29% | -14.36% | 18.99% | 10.57% | 22.51% | -3.43% | 13.98% |
Returns By Period
In the year-to-date period, VNYTX achieves a -0.32% return, which is significantly higher than VWELX's -3.35% return. Over the past 10 years, VNYTX has underperformed VWELX with an annualized return of 2.35%, while VWELX has yielded a comparatively higher 9.32% annualized return.
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%
VWELX
- 1D
- 2.02%
- 1M
- -3.95%
- YTD
- -3.35%
- 6M
- -0.44%
- 1Y
- 14.14%
- 3Y*
- 12.65%
- 5Y*
- 7.58%
- 10Y*
- 9.32%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VNYTX vs. VWELX - Expense Ratio Comparison
VNYTX has a 0.17% expense ratio, which is lower than VWELX's 0.24% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
VNYTX vs. VWELX — Risk / Return Rank
VNYTX
VWELX
VNYTX vs. VWELX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard New York Long-Term Tax-Exempt Fund Investor Shares (VNYTX) and Vanguard Wellington Fund Investor Shares (VWELX). 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.
| VNYTX | VWELX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.85 | 1.23 | -0.38 |
Sortino ratioReturn per unit of downside risk | 1.16 | 1.81 | -0.65 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.27 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.00 | 1.88 | -0.88 |
Martin ratioReturn relative to average drawdown | 3.22 | 8.47 | -5.24 |
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
| VNYTX | VWELX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.85 | 1.23 | -0.38 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.24 | 0.69 | -0.45 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.51 | 0.81 | -0.30 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.00 | 0.82 | +0.18 |
Correlation
The correlation between VNYTX and VWELX is 0.11, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
VNYTX vs. VWELX - Dividend Comparison
VNYTX's dividend yield for the trailing twelve months is around 3.65%, less than VWELX's 11.92% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
VWELX Vanguard Wellington Fund Investor Shares | 11.92% | 11.46% | 10.76% | 6.01% | 8.19% | 8.64% | 7.77% | 4.67% | 9.49% | 5.82% | 4.44% | 7.03% |
Drawdowns
VNYTX vs. VWELX - Drawdown Comparison
The maximum VNYTX drawdown since its inception was -21.73%, smaller than the maximum VWELX drawdown of -36.12%. Use the drawdown chart below to compare losses from any high point for VNYTX and VWELX.
Loading graphics...
Drawdown Indicators
| VNYTX | VWELX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.73% | -36.12% | +14.39% |
Max Drawdown (1Y)Largest decline over 1 year | -5.55% | -8.03% | +2.48% |
Max Drawdown (5Y)Largest decline over 5 years | -16.67% | -20.88% | +4.21% |
Max Drawdown (10Y)Largest decline over 10 years | -16.67% | -25.33% | +8.66% |
Current DrawdownCurrent decline from peak | -2.63% | -4.90% | +2.27% |
Average DrawdownAverage peak-to-trough decline | -2.51% | -3.93% | +1.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.72% | 1.78% | -0.06% |
Volatility
VNYTX vs. VWELX - Volatility Comparison
The current volatility for Vanguard New York Long-Term Tax-Exempt Fund Investor Shares (VNYTX) is 1.32%, while Vanguard Wellington Fund Investor Shares (VWELX) has a volatility of 4.07%. This indicates that VNYTX experiences smaller price fluctuations and is considered to be less risky than VWELX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| VNYTX | VWELX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.32% | 4.07% | -2.75% |
Volatility (6M)Calculated over the trailing 6-month period | 2.04% | 6.66% | -4.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.63% | 11.88% | -6.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.73% | 11.12% | -6.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.58% | 11.50% | -6.92% |