NNY vs VYM
Nuveen New York Municipal Value Fund Inc. vs Vanguard High Dividend Yield ETF
Which is better, NNY or VYM?
Municipal New York against Large Cap Value.
VYM led over 1Y, 3Y, 5Y and the full window.
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 | NNY | VYM |
|---|---|---|
| Expense Ratio | - | 0.04% |
| AUM | - | $81.6B |
| Dividend Yield | 4.08% | 2.22% |
| Holdings | 134 | 613 |
| YTD Return | -3.35% | +13.75%Best |
| 1Y Return | +2.08% | +19.42%Best |
| 3Y Return (annualized) | +3.47% | +18.22%Best |
| 5Y Return (annualized) | -0.81% | +12.17%Best |
| Volatility (annualized) | 8.5%Best | 14.5% |
| Max Drawdown | -32.9%Best | -58.8% |
| $10,000 over 5 years | $9,602 | $17,758Best |
| Fund Family | Nuveen | Vanguard (US) |
| Category | Tax Preferred | Equity |
| Style | Municipal New York | Large Cap Value |
| Inception | Oct 7, 1987 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Nov 16, 2006 to Sep 9, 2026 (19.8 years).
NNY vs VYM 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.
NNY vs VYM Performance
Nuveen New York Municipal Value Fund Inc. (NNY) is an ETF from Nuveen and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year NNY returned +2.08% while VYM returned +19.42%. Year to date, NNY is down 3.35% versus a gain of 13.75% for VYM.
Over three years, NNY compounded at +3.47% per year against +18.22% for VYM; over five years the annualized figures are -0.81% and +12.17% respectively. Across the full 20-year window we track, VYM has the edge at +6.94% annualized vs +0.28%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.5% compared with 8.5% for NNY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -32.9% for NNY and -58.8% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.25. They move largely independently of each other.
Holdings Overlap
We hold position weights for 73 holdings in NNY and 603 in VYM, totalling 56.4% and 99.5% 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 73 positions we hold weights for in NNY and 603 in VYM, against full books of 134 and 613.
You are not choosing between two funds in isolation.
Whichever of NNY and VYM 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 performed better, NNY or VYM?
Over the past year NNY returned +2.08% vs +19.42% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (20 years), NNY annualized +0.28% vs +6.94% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NNY or VYM?
VYM has been the more volatile fund at 14.5% annualized versus 8.5% for NNY. Worst drawdown: NNY -32.9% vs VYM -58.8%.
Should I hold both NNY and VYM?
NNY and VYM have a monthly-return correlation of 0.25, 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, NNY or VYM?
NNY yields 4.08% while VYM yields 2.22%, so NNY currently pays the higher dividend yield.
Is VYM better than NNY?
VYM led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.