VNYUX vs. VWLUX
Compare and contrast key facts about Vanguard New York Long-Term Tax-Exempt Fund Admiral Shares (VNYUX) and Vanguard Long-Term Tax-Exempt Fund Admiral Shares (VWLUX).
VNYUX is managed by Vanguard. It was launched on May 14, 2001. VWLUX is managed by Vanguard. It was launched on Feb 12, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VNYUX or VWLUX.
Correlation
The correlation between VNYUX and VWLUX is 0.92, 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. VWLUX - Performance Comparison
Key characteristics
VNYUX:
0.40
VWLUX:
0.47
VNYUX:
0.55
VWLUX:
0.66
VNYUX:
1.08
VWLUX:
1.10
VNYUX:
0.25
VWLUX:
0.31
VNYUX:
1.51
VWLUX:
1.72
VNYUX:
1.05%
VWLUX:
1.05%
VNYUX:
4.02%
VWLUX:
3.86%
VNYUX:
-17.21%
VWLUX:
-16.38%
VNYUX:
-3.30%
VWLUX:
-2.90%
Returns By Period
In the year-to-date period, VNYUX achieves a 1.12% return, which is significantly lower than VWLUX's 1.35% return. Over the past 10 years, VNYUX has underperformed VWLUX with an annualized return of 2.25%, while VWLUX has yielded a comparatively higher 2.54% annualized return.
VNYUX
1.12%
-1.19%
0.79%
1.59%
0.81%
2.25%
VWLUX
1.35%
-0.90%
0.92%
1.81%
1.11%
2.54%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VNYUX vs. VWLUX - Expense Ratio Comparison
Both VNYUX and VWLUX have an expense ratio of 0.09%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
VNYUX vs. VWLUX - 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 Long-Term Tax-Exempt Fund Admiral Shares (VWLUX). 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. VWLUX - Dividend Comparison
VNYUX's dividend yield for the trailing twelve months is around 3.15%, less than VWLUX's 3.47% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VNYUX Vanguard New York Long-Term Tax-Exempt Fund Admiral Shares | 3.15% | 3.16% | 2.94% | 2.51% | 2.73% | 3.02% | 3.30% | 3.26% | 3.38% | 3.34% | 3.50% | 3.69% |
VWLUX Vanguard Long-Term Tax-Exempt Fund Admiral Shares | 3.47% | 3.17% | 2.99% | 2.63% | 2.85% | 3.23% | 3.54% | 3.55% | 3.75% | 3.73% | 3.88% | 4.14% |
Drawdowns
VNYUX vs. VWLUX - Drawdown Comparison
The maximum VNYUX drawdown since its inception was -17.21%, which is greater than VWLUX's maximum drawdown of -16.38%. Use the drawdown chart below to compare losses from any high point for VNYUX and VWLUX. For additional features, visit the drawdowns tool.
Volatility
VNYUX vs. VWLUX - Volatility Comparison
Vanguard New York Long-Term Tax-Exempt Fund Admiral Shares (VNYUX) and Vanguard Long-Term Tax-Exempt Fund Admiral Shares (VWLUX) have volatilities of 1.54% and 1.49%, 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.