FTNY vs VTI
Franklin New York Municipal Income ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, FTNY or VTI?
Municipal New York against Large Cap Blend.
VTI has a lower expense ratio. VTI 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 | VTI |
|---|---|---|
| Expense Ratio | 0.36% | 0.03%Best |
| AUM | $569M | $689.2B |
| Dividend Yield | 3.83% | 1.06% |
| Holdings | 525 | 3,524 |
| YTD Return | -3.73% | +13.02%Best |
| 1Y Return | -3.75% | +16.63%Best |
| 3Y Return (annualized) | - | +21.97% |
| 5Y Return (annualized) | - | +11.99% |
| Volatility (annualized) | 6.4%Best | 13.1% |
| Fund Family | Franklin Templeton Investments (US) | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | Municipal New York | Large Cap Blend |
| Inception | Sep 2, 1983 | May 24, 2001 |
Not shown on this pair: Max Drawdown, $10,000 over the window, Top 10 Weight.
FTNY vs VTI 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 VTI Performance
Franklin New York Municipal Income ETF (FTNY) is an ETF from Franklin Templeton Investments (US) and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year FTNY returned -3.75% while VTI returned +16.63%. Year to date, FTNY is down 3.73% versus a gain of 13.02% for VTI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VTI has been the more volatile fund, with annualized monthly volatility of 13.1% 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 0.50. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FTNY charges 0.36% per year while VTI 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 VTI.
Holdings Overlap
We hold position weights for 86 holdings in FTNY and 3,441 in VTI, totalling 47.2% and 98.1% 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 3,441 in VTI, against full books of 525 and 3,524.
You are not choosing between two funds in isolation.
Whichever of FTNY and VTI 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 VTI?
FTNY has an expense ratio of 0.36% while VTI charges 0.03%. VTI is the cheaper option, by $33 a year on a $10,000 investment.
Which performed better, FTNY or VTI?
Over the past year FTNY returned -3.75% vs +16.63% for VTI, so VTI leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FTNY or VTI?
VTI has been the more volatile fund at 13.1% annualized versus 6.4% for FTNY.
Should I hold both FTNY and VTI?
FTNY and VTI have a monthly-return correlation of 0.50, 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 VTI?
FTNY yields 3.83% while VTI yields 1.06%, so FTNY currently pays the higher dividend yield.
Is VTI better than FTNY?
VTI has a lower expense ratio. VTI led over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.