VNYUX vs. VTEB
Compare and contrast key facts about Vanguard New York Long-Term Tax-Exempt Fund Admiral Shares (VNYUX) and Vanguard Tax-Exempt Bond ETF (VTEB).
VNYUX is managed by Vanguard. It was launched on May 14, 2001. VTEB is a passively managed fund by Vanguard that tracks the performance of the S&P National AMT-Free Municipal Bond Index. It was launched on Aug 21, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VNYUX or VTEB.
Correlation
The correlation between VNYUX and VTEB is 0.00, 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.
Performance
VNYUX vs. VTEB - Performance Comparison
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Key characteristics
VNYUX:
0.06
VTEB:
0.10
VNYUX:
0.12
VTEB:
0.16
VNYUX:
1.02
VTEB:
1.02
VNYUX:
0.05
VTEB:
0.10
VNYUX:
0.19
VTEB:
0.32
VNYUX:
2.02%
VTEB:
1.52%
VNYUX:
6.24%
VTEB:
4.73%
VNYUX:
-17.21%
VTEB:
-17.00%
VNYUX:
-4.22%
VTEB:
-2.92%
Returns By Period
In the year-to-date period, VNYUX achieves a -1.81% return, which is significantly lower than VTEB's -1.35% return.
VNYUX
-1.81%
0.86%
-1.87%
0.48%
0.95%
2.10%
VTEB
-1.35%
1.15%
-1.63%
0.64%
0.91%
N/A
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VNYUX vs. VTEB - Expense Ratio Comparison
VNYUX has a 0.09% expense ratio, which is higher than VTEB's 0.05% expense ratio. However, 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. VTEB — Risk-Adjusted Performance Rank
VNYUX
VTEB
VNYUX vs. VTEB - 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 Tax-Exempt Bond ETF (VTEB). 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.
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Dividends
VNYUX vs. VTEB - Dividend Comparison
VNYUX's dividend yield for the trailing twelve months is around 3.28%, which matches VTEB's 3.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VNYUX Vanguard New York Long-Term Tax-Exempt Fund Admiral Shares | 3.28% | 3.45% | 3.16% | 2.94% | 2.51% | 2.73% | 3.02% | 3.30% | 3.26% | 3.38% | 3.34% | 3.50% |
VTEB Vanguard Tax-Exempt Bond ETF | 3.27% | 3.14% | 2.79% | 2.09% | 1.65% | 1.99% | 2.30% | 2.25% | 1.96% | 1.66% | 0.58% | 0.00% |
Drawdowns
VNYUX vs. VTEB - Drawdown Comparison
The maximum VNYUX drawdown since its inception was -17.21%, roughly equal to the maximum VTEB drawdown of -17.00%. Use the drawdown chart below to compare losses from any high point for VNYUX and VTEB. For additional features, visit the drawdowns tool.
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Volatility
VNYUX vs. VTEB - Volatility Comparison
Vanguard New York Long-Term Tax-Exempt Fund Admiral Shares (VNYUX) has a higher volatility of 3.14% compared to Vanguard Tax-Exempt Bond ETF (VTEB) at 1.59%. This indicates that VNYUX's price experiences larger fluctuations and is considered to be riskier than VTEB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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