FMNYvsVTECETF Comparison
First Trust New York Municipal High Income ETF (FMNY) and Vanguard California Tax-Exempt Bond ETF (VTEC) belong to the same industry segment: Municipal Bonds. In contrast, VTEC's top sector exposures are Municipal. FMNY is more expensive with a Total Expense Ratio (TER) of 0.49%, versus 0.06% for VTEC. FMNY is down -1.79% year-to-date (YTD) with -$547K in YTD flows. VTEC performs worse with -2.37% YTD performance, and +$2.54B in YTD flows. Run a side-by-side ETF comparison of FMNY and VTEC below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
FMNY vs VTEC performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FMNY VTEC | -0.67%-0.33% | -4.72%-3.44% | -1.79%-2.37% | -1.18%-1.74% | +7.45%n/a | -3.89%n/a |
| Flows | FMNY VTEC | -$11M+$796M | -$11M+$1.28B | -$547K+$2.54B | +$2M+$2.89B | +$14M- | +$14M- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FMNY VTEC | +5.80%+4.94% | +3.59%+3.13% | +4.12%n/a | +3.94%n/a |
| Max drawdown | FMNY VTEC | -7.03%-5.76% | -7.49%-6.50% | -7.49%n/a | -15.62%n/a |
| Max drawdown duration | FMNY VTEC | 88d92d | 102d229d | 102dn/a | 1746dn/a |
FMNY | VTEC | |
Last sale 10/16/2026 at 1:30 PM | $25.22 | $95.41 |
| Previous close 10/15/2026 | $25.18 | $95.36 |
| Consolidated volume 10/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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FMNY | VTEC | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
FMNY | VTEC | |
|---|---|---|
| Last price | $25.22 | $95.41 |
| 1D performance | +0.18% | +0.05% |
| AuM | $25.23 M | $4.15 B |
| E/R | 0.49% | 0.06% |
FMNY | VTEC | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | First Trust | Vanguard |
| Benchmark | - | S&P California AMT-Free Municipal Bond Index |
| N° of holdings | - | 1739 |
| Asset class | - | Bonds |
| Trailing 12m distribution yield | Join | Join |
| Inception date | May 13, 2021 | January 30, 2024 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
