StockComparison Logo
vs

MUNY vs SPY

Comparison between VANGUARD NEW YORK TAX-EXEMPT BOND ETF ETF SHARES (MUNY, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).

MUNY vs SPY - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
MUNY
$372M
Winner
SPY
$735B
Expense Ratio
MUNY
0.09%
SPY
0.09%
Max Drawdown
Winner
MUNY
2.96%
SPY
56.47%
Sharpe Ratio
MUNY
0.34
Winner
SPY
1.62
5Y Beta
Winner
MUNY
0.06
SPY
1.00
P/E Ratio
MUNY
N/A
SPY
28.99
Forward P/E
MUNY
N/A
SPY
22.37
5Y Dividends CAGR
MUNY
N/A
SPY
5.43%
5Y EPS CAGR
MUNY
N/A
SPY
26.05%
Debt to Equity
MUNY
N/A
SPY
32.40%
P/S Ratio
MUNY
N/A
SPY
3.74
P/B Ratio
MUNY
N/A
SPY
5.61

MUNY vs SPY - Historical Returns

Returns include dividend reinvestment.

1M
MUNY
+0.59%
Winner
SPY
+1.90%
3M
MUNY
+0.27%
Winner
SPY
+8.55%
6M
MUNY
+1.77%
Winner
SPY
+8.18%
1Y
MUNY
+6.75%
Winner
SPY
+25.79%
5Y(CAGR)
MUNY
N/A
SPY
+13.32%
10Y(CAGR)
MUNY
N/A
SPY
+15.19%
Max(CAGR)
MUNY
+6.73%
Winner
SPY
+8.47%

MUNY vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

YearMUNYSPY
2026+1.21%+8.26%
2025+5.54%+18.00%
2024N/A+25.59%
2023N/A+26.72%
2022N/A-18.64%
2021N/A+30.52%
2020N/A+17.28%
2019N/A+31.09%
2018N/A-5.24%
2017N/A+20.78%
2016N/A+13.59%
2015N/A+1.31%
2014N/A+14.56%
2013N/A+29.00%
2012N/A+14.17%
2011N/A+0.85%
2010N/A+13.14%
2009N/A+22.67%
2008N/A-36.25%
2007N/A+5.32%
2006N/A+13.85%
2005N/A+5.32%
2004N/A+10.75%
2003N/A+24.18%
2002N/A-22.42%
2001N/A-10.13%
2000N/A-8.84%
1999N/A+8.61%

MUNY vs SPY Drawdown Comparison

The maximum drawdown for MUNY was -2.70%, occurring on Mar 24, 2026. This drawdown has not yet recovered.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current MUNY drawdown is -0.61%. The current SPY drawdown is -2.90%.

RankMUNYSPY
#1-2.70%
Feb 27, 2026 - Mar 24, 2026		-55.20%
Oct 9, 2007 - Aug 16, 2012
#2-1.98%
Jun 4, 2025 - Sep 5, 2025		-47.50%
Mar 24, 2000 - Oct 26, 2006
#3-0.49%
May 27, 2025 - Jun 4, 2025		-33.70%
Feb 19, 2020 - Aug 10, 2020
#4-0.35%
Nov 11, 2025 - Dec 23, 2025		-24.50%
Jan 3, 2022 - Dec 13, 2023
#5-0.35%
Jan 14, 2026 - Feb 2, 2026		-19.34%
Sep 20, 2018 - Apr 12, 2019
#6-0.30%
Sep 17, 2025 - Oct 6, 2025		-18.76%
Feb 19, 2025 - Jun 26, 2025
#7-0.24%
Oct 27, 2025 - Nov 11, 2025		-13.02%
Jul 20, 2015 - Apr 18, 2016
#8-0.11%
Feb 19, 2026 - Feb 23, 2026		-10.10%
Jan 26, 2018 - Aug 6, 2018
#9-0.10%
Feb 9, 2026 - Feb 12, 2026		-9.44%
Sep 2, 2020 - Nov 11, 2020
#10-0.08%
Feb 24, 2026 - Feb 26, 2026		-9.30%
Jan 19, 2000 - Mar 17, 2000
#11-0.07%
Dec 30, 2025 - Jan 2, 2026		-9.05%
Jul 19, 2007 - Oct 5, 2007
#12-0.07%
Dec 24, 2025 - Dec 30, 2025		-8.88%
Jan 27, 2026 - Apr 14, 2026
#13-0.06%
Oct 13, 2025 - Oct 15, 2025		-8.41%
Jul 16, 2024 - Sep 19, 2024
#14-0.04%
Oct 21, 2025 - Oct 24, 2025		-7.35%
Sep 14, 2012 - Jan 2, 2013
#15-0.03%
Sep 11, 2025 - Sep 15, 2025		-7.27%
Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between MUNY and SPY is 0.87 which considered as a strong positive correlation - the stocks tend to move together.

0.87
-101

Dividend Comparison (1999 - 2026)

MUNY vs SPY dividend yield comparison.

YearMUNYSPY
20261.32%0.24%
20251.80%1.07%
20240.00%1.21%
20230.00%1.40%
20220.00%1.65%
20210.00%1.20%
20200.00%1.52%
20190.00%1.75%
20180.00%2.04%
20170.00%1.80%
20160.00%2.03%
20150.00%2.06%
20140.00%1.87%
20130.00%1.81%
20120.00%2.18%
20110.00%2.05%
20100.00%1.80%
20090.00%1.95%
20080.00%3.02%
20070.00%1.85%
20060.00%1.73%
20050.00%1.73%
20040.00%1.82%
20030.00%1.47%
20020.00%1.70%
20010.00%1.25%
20000.00%1.15%
19990.00%0.24%

Select Stocks to Compare

Popular: MUNY vs SPY

More Comparisons

Compare with similar stocks