AVK vs FTNY
Comparison between Advent Convertible and Income Fund (AVK, ETF) and Putnam ETF Trust Franklin New York Municipal Income (FTNY, ETF).
AVK vs FTNY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
AVK
$593M
Winner
FTNY
$594M
Expense Ratio
AVK
N/A
FTNY
0.36%
Max Drawdown
AVK
72.63%
Winner
FTNY
3.62%
Sharpe Ratio
Winner
AVK
0.67
FTNY
-0.76
5Y Beta
AVK
0.71
Winner
FTNY
0.11
5Y Dividends CAGR
AVK
2.16%
FTNY
N/A
AVK vs FTNY - Historical Returns
Returns include dividend reinvestment.
1M
Winner
AVK
+3.20%
FTNY
-0.57%
3M
Winner
AVK
+0.05%
FTNY
-1.02%
6M
Winner
AVK
+6.16%
FTNY
-1.67%
1Y
Winner
AVK
+12.66%
FTNY
+0.54%
5Y(CAGR)
AVK
+5.04%
FTNY
N/A
10Y(CAGR)
AVK
+9.84%
FTNY
N/A
Max(CAGR)
Winner
AVK
+6.99%
FTNY
+0.65%
AVK vs FTNY - Annual Returns (2003 - 2026)
Returns include dividend reinvestment.
| Year | AVK | FTNY |
|---|---|---|
| 2026 | +7.61% | +0.56% |
| 2025 | +19.95% | -0.24% |
| 2024 | +19.76% | N/A |
| 2023 | +16.15% | N/A |
| 2022 | -34.02% | N/A |
| 2021 | +31.87% | N/A |
| 2020 | +17.44% | N/A |
| 2019 | +33.44% | N/A |
| 2018 | -14.12% | N/A |
| 2017 | +17.14% | N/A |
| 2016 | +17.46% | N/A |
| 2015 | -11.00% | N/A |
| 2014 | -6.13% | N/A |
| 2013 | +21.73% | N/A |
| 2012 | +13.22% | N/A |
| 2011 | -12.06% | N/A |
| 2010 | +25.01% | N/A |
| 2009 | +45.72% | N/A |
| 2008 | -46.86% | N/A |
| 2007 | -9.22% | N/A |
| 2006 | +35.65% | N/A |
| 2005 | -6.96% | N/A |
| 2004 | +9.88% | N/A |
| 2003 | +11.70% | N/A |
AVK vs FTNY Drawdown Comparison
The maximum drawdown for AVK was -67.35%, occurring on Dec 15, 2008. Recovery took 920 trading sessions.
The maximum drawdown for FTNY was -3.08%, occurring on Mar 24, 2026. Recovery took 65 trading sessions.
The current AVK drawdown is -3.08%. The current FTNY drawdown is -2.63%.
| Rank | AVK | FTNY |
|---|---|---|
| #1 | -67.35% Jul 3, 2007 - Feb 25, 2011 | -3.08% Feb 27, 2026 - Jun 2, 2026 |
| #2 | -49.75% Feb 20, 2020 - Nov 16, 2020 | -2.63% Jul 6, 2026 - Jul 23, 2026 |
| #3 | -38.46% Dec 31, 2021 - Jun 26, 2025 | -0.94% Oct 27, 2025 - Jan 5, 2026 |
| #4 | -36.50% Aug 21, 2014 - May 1, 2017 | -0.51% Jan 9, 2026 - Feb 2, 2026 |
| #5 | -31.14% Mar 4, 2011 - Apr 26, 2013 | -0.38% Jun 4, 2026 - Jun 22, 2026 |
| #6 | -21.42% Oct 1, 2018 - Apr 8, 2019 | -0.25% Feb 5, 2026 - Feb 13, 2026 |
| #7 | -17.57% Apr 2, 2004 - Oct 7, 2004 | -0.19% Jun 2, 2026 - Jun 4, 2026 |
| #8 | -14.24% Jan 28, 2026 - Apr 20, 2026 | -0.13% Feb 20, 2026 - Feb 24, 2026 |
| #9 | -13.93% Jan 3, 2005 - Aug 3, 2005 | -0.12% Feb 24, 2026 - Feb 27, 2026 |
| #10 | -12.65% May 17, 2013 - Nov 29, 2013 | -0.06% Feb 3, 2026 - Feb 5, 2026 |
| #11 | -11.33% Sep 6, 2005 - Jan 25, 2006 | -0.06% Jun 25, 2026 - Jun 29, 2026 |
| #12 | -10.28% Nov 15, 2021 - Dec 23, 2021 | -0.06% Jun 29, 2026 - Jul 1, 2026 |
| #13 | -9.43% May 28, 2003 - Oct 6, 2003 | N/A |
| #14 | -8.73% Jan 26, 2018 - Aug 9, 2018 | N/A |
| #15 | -8.18% Jul 13, 2021 - Aug 9, 2021 | N/A |
Correlation
Correlation between AVK and FTNY is 0.66 which considered as a moderate positive correlation - the stocks show some tendency to move together.
0.66
-101
Dividend Comparison (2003 - 2026)
AVK vs FTNY dividend yield comparison.
| Year | AVK | FTNY |
|---|---|---|
| 2026 | 7.46% | 2.30% |
| 2025 | 11.22% | 0.72% |
| 2024 | 11.71% | 0.00% |
| 2023 | 12.36% | 0.00% |
| 2022 | 12.90% | 0.00% |
| 2021 | 15.13% | 0.00% |
| 2020 | 8.51% | 0.00% |
| 2019 | 9.04% | 0.00% |
| 2018 | 11.21% | 0.00% |
| 2017 | 8.10% | 0.00% |
| 2016 | 7.67% | 0.00% |
| 2015 | 8.33% | 0.00% |
| 2014 | 6.89% | 0.00% |
| 2013 | 6.08% | 0.00% |
| 2012 | 6.99% | 0.00% |
| 2011 | 9.15% | 0.00% |
| 2010 | 8.74% | 0.00% |
| 2009 | 7.23% | 0.00% |
| 2008 | 18.12% | 0.00% |
| 2007 | 9.42% | 0.00% |
| 2006 | 9.13% | 0.00% |
| 2005 | 11.46% | 0.00% |
| 2004 | 9.47% | 0.00% |
| 2003 | 5.60% | 0.00% |
Select Stocks to Compare
Popular: AVK vs SPYFTNY vs SPY
More Comparisons
Compare with similar stocks