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