VNYUX vs. VNYTX
Compare and contrast key facts about Vanguard New York Long-Term Tax-Exempt Fund Admiral Shares (VNYUX) and Vanguard New York Long-Term Tax-Exempt Fund Investor Shares (VNYTX).
VNYUX is managed by Vanguard. It was launched on May 14, 2001. VNYTX is managed by Vanguard. It was launched on Apr 7, 1986.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VNYUX or VNYTX.
Key characteristics
| VNYUX | VNYTX | |
|---|---|---|
| YTD Return | 2.06% | 1.98% |
| 1Y Return | 9.61% | 9.52% |
| 3Y Return (Ann) | -0.58% | -0.65% |
| 5Y Return (Ann) | 1.18% | 1.10% |
| 10Y Return (Ann) | 2.41% | 2.38% |
| Sharpe Ratio | 2.33 | 2.31 |
| Sortino Ratio | 3.48 | 3.45 |
| Omega Ratio | 1.53 | 1.53 |
| Calmar Ratio | 0.89 | 0.87 |
| Martin Ratio | 10.25 | 10.11 |
| Ulcer Index | 0.95% | 0.95% |
| Daily Std Dev | 4.18% | 4.17% |
| Max Drawdown | -17.21% | -19.30% |
| Current Drawdown | -2.40% | -2.64% |
Correlation
The correlation between VNYUX and VNYTX is 1.00, 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.
Performance
VNYUX vs. VNYTX - Performance Comparison
The year-to-date returns for both stocks are quite close, with VNYUX having a 2.06% return and VNYTX slightly lower at 1.98%. Both investments have delivered pretty close results over the past 10 years, with VNYUX having a 2.41% annualized return and VNYTX not far behind at 2.38%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VNYUX vs. VNYTX - Expense Ratio Comparison
VNYUX has a 0.09% expense ratio, which is lower than VNYTX's 0.17% 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%.
Risk-Adjusted Performance
VNYUX vs. VNYTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard New York Long-Term Tax-Exempt Fund Admiral Shares (VNYUX) 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.
Dividends
VNYUX vs. VNYTX - Dividend Comparison
VNYUX's dividend yield for the trailing twelve months is around 3.40%, more than VNYTX's 3.32% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VNYUX Vanguard New York Long-Term Tax-Exempt Fund Admiral Shares | 3.40% | 3.16% | 2.94% | 2.51% | 2.73% | 3.02% | 3.30% | 3.26% | 3.38% | 3.34% | 3.50% | 3.69% |
VNYTX Vanguard New York Long-Term Tax-Exempt Fund Investor Shares | 3.32% | 3.11% | 2.86% | 2.43% | 2.65% | 2.94% | 3.21% | 3.17% | 3.81% | 3.29% | 3.40% | 3.60% |
Drawdowns
VNYUX vs. VNYTX - Drawdown Comparison
The maximum VNYUX drawdown since its inception was -17.21%, smaller than the maximum VNYTX drawdown of -19.30%. Use the drawdown chart below to compare losses from any high point for VNYUX and VNYTX. For additional features, visit the drawdowns tool.
Volatility
VNYUX vs. VNYTX - Volatility Comparison
Vanguard New York Long-Term Tax-Exempt Fund Admiral Shares (VNYUX) and Vanguard New York Long-Term Tax-Exempt Fund Investor Shares (VNYTX) have volatilities of 2.11% and 2.11%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.