FMNY vs NJNK
Comparison between FIRST TRUST NEW YORK MUNICIPAL HIGH INCOME ETF (FMNY, ETF) and COLUMBIA U.S. HIGH YIELD ETF (NJNK, ETF).
FMNY vs NJNK - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
FMNY
$39M
Winner
NJNK
$39M
Expense Ratio
FMNY
0.49%
Winner
NJNK
0.46%
Max Drawdown
FMNY
18.26%
Winner
NJNK
6.24%
Sharpe Ratio
Winner
FMNY
1.08
NJNK
0.48
5Y Beta
Winner
FMNY
0.03
NJNK
0.22
5Y Dividends CAGR
FMNY
78.03%
NJNK
N/A
FMNY vs NJNK - Historical Returns
Returns include dividend reinvestment.
1M
FMNY
-0.38%
Winner
NJNK
+0.25%
3M
FMNY
+0.24%
Winner
NJNK
+0.60%
6M
FMNY
+1.26%
Winner
NJNK
+1.39%
1Y
Winner
FMNY
+7.38%
NJNK
+5.52%
5Y(CAGR)
FMNY
+0.34%
NJNK
N/A
Max(CAGR)
FMNY
+0.69%
Winner
NJNK
+6.05%
FMNY vs NJNK - Annual Returns (2021 - 2026)
Returns include dividend reinvestment.
| Year | FMNY | NJNK |
|---|---|---|
| 2026 | +1.69% | +1.69% |
| 2025 | +3.79% | +8.95% |
| 2024 | +1.79% | +0.62% |
| 2023 | +6.08% | N/A |
| 2022 | -10.52% | N/A |
| 2021 | +1.60% | N/A |
FMNY vs NJNK Drawdown Comparison
The maximum drawdown for FMNY was -15.90%, occurring on Oct 26, 2022. Recovery took 1090 trading sessions.
The maximum drawdown for NJNK was -4.48%, occurring on Apr 8, 2025. Recovery took 50 trading sessions.
The current FMNY drawdown is -0.95%. The current NJNK drawdown is -0.37%.
| Rank | FMNY | NJNK |
|---|---|---|
| #1 | -15.90% Jul 19, 2021 - Nov 18, 2025 | -4.48% Feb 28, 2025 - May 12, 2025 |
| #2 | -2.83% Feb 27, 2026 - Jun 30, 2026 | -2.64% Feb 20, 2026 - Apr 14, 2026 |
| #3 | -0.95% Jun 30, 2026 - Jul 21, 2026 | -1.64% Dec 6, 2024 - Jan 21, 2025 |
| #4 | -0.66% Jun 15, 2021 - Jul 8, 2021 | -1.36% Oct 27, 2025 - Dec 3, 2025 |
| #5 | -0.57% Nov 18, 2025 - Jan 5, 2026 | -1.32% Sep 22, 2025 - Oct 20, 2025 |
| #6 | -0.55% Jan 14, 2026 - Feb 3, 2026 | -1.26% Apr 20, 2026 - May 29, 2026 |
| #7 | -0.17% Feb 10, 2026 - Feb 17, 2026 | -1.18% Sep 24, 2024 - Nov 8, 2024 |
| #8 | -0.15% May 14, 2021 - May 20, 2021 | -0.75% May 13, 2025 - May 29, 2025 |
| #9 | -0.15% Jan 7, 2026 - Jan 14, 2026 | -0.69% Jul 3, 2025 - Jul 22, 2025 |
| #10 | -0.13% Jul 12, 2021 - Jul 19, 2021 | -0.60% Jul 6, 2026 - Jul 13, 2026 |
| #11 | -0.12% May 20, 2021 - May 24, 2021 | -0.60% Nov 8, 2024 - Nov 25, 2024 |
| #12 | -0.10% May 24, 2021 - May 27, 2021 | -0.59% Sep 8, 2025 - Sep 18, 2025 |
| #13 | -0.04% Feb 18, 2026 - Feb 23, 2026 | -0.50% Dec 3, 2025 - Dec 23, 2025 |
| #14 | -0.04% Jan 5, 2026 - Jan 7, 2026 | -0.50% Feb 5, 2025 - Feb 14, 2025 |
| #15 | -0.04% Feb 4, 2026 - Feb 6, 2026 | -0.49% May 29, 2026 - Jun 15, 2026 |
Correlation
Correlation between FMNY and NJNK is 0.81 which considered as a strong positive correlation - the stocks tend to move together.
0.81
-101
Dividend Comparison (2021 - 2026)
FMNY vs NJNK dividend yield comparison.
| Year | FMNY | NJNK |
|---|---|---|
| 2026 | 2.21% | 3.03% |
| 2025 | 3.64% | 6.34% |
| 2024 | 3.56% | 2.05% |
| 2023 | 3.25% | 0.00% |
| 2022 | 2.34% | 0.00% |
| 2021 | 0.72% | 0.00% |
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