FTNY vs VOO
Franklin New York Municipal Income ETF vs Vanguard S&P 500 ETF
Which is better, FTNY or VOO?
Municipal New York against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FTNY | VOO |
|---|---|---|
| Expense Ratio | 0.36% | 0.03%Best |
| AUM | $569M | $1.0T |
| Dividend Yield | 3.83% | 1.06% |
| Holdings | 525 | 506 |
| YTD Return | -3.73% | +13.57%Best |
| 1Y Return | -3.75% | +17.55%Best |
| 3Y Return (annualized) | - | +22.46% |
| 5Y Return (annualized) | - | +13.28% |
| Volatility (annualized) | 6.4%Best | 13.2% |
| Fund Family | Franklin Templeton Investments (US) | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | Municipal New York | Large Cap Blend |
| Inception | Sep 2, 1983 | Sep 7, 2010 |
Not shown on this pair: Max Drawdown, $10,000 over the window, Top 10 Weight.
FTNY vs VOO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
FTNY vs VOO Performance
Franklin New York Municipal Income ETF (FTNY) is an ETF from Franklin Templeton Investments (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year FTNY returned -3.75% while VOO returned +17.55%. Year to date, FTNY is down 3.73% versus a gain of 13.57% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 13.2% compared with 6.4% for FTNY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 0.45. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FTNY charges 0.36% per year while VOO charges 0.03%. On a $10,000 position that is $36 vs $3 annually, a gap of $33 per year that compounds over a long holding period. On income, FTNY currently yields 3.83% against 1.06% for VOO.
Holdings Overlap
We hold position weights for 86 holdings in FTNY and 504 in VOO, totalling 47.2% and 100.1% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 86 positions we hold weights for in FTNY and 504 in VOO, against full books of 525 and 506.
You are not choosing between two funds in isolation.
Whichever of FTNY and VOO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FTNY or VOO?
FTNY has an expense ratio of 0.36% while VOO charges 0.03%. VOO is the cheaper option, by $33 a year on a $10,000 investment.
Which performed better, FTNY or VOO?
Over the past year FTNY returned -3.75% vs +17.55% for VOO, so VOO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FTNY or VOO?
VOO has been the more volatile fund at 13.2% annualized versus 6.4% for FTNY.
Should I hold both FTNY and VOO?
FTNY and VOO have a monthly-return correlation of 0.45, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, FTNY or VOO?
FTNY yields 3.83% while VOO yields 1.06%, so FTNY currently pays the higher dividend yield.
Is VOO better than FTNY?
VOO has a lower expense ratio. VOO led over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.