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ETFs

iShares New York Muni Bond ETF

NYF
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Oct 04 2007
Expense Ratio
0.25%
Type
US Bonds
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$6,218,783
AUM
$637,439,050
Associated Index
ICE AMT-Free New York Municipal Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
NEW YORK ST URBAN DEV CORP REV
0.90%
n/a
NEW YORK N Y CITY MUN WTR FIN
0.87%
n/a
NEW YORK N Y CITY TRANSITIONAL
0.84%
n/a
NEW YORK ST DORM AUTH REVS NON
0.82%
n/a
NEW YORK N Y CITY MUN WTR FIN
0.78%
n/a
Hudson Yards 5 % Bonds 2017-15.02.37 Series 2017A
0.74%
n/a
MONROE CNTY N Y INDL DEV AGY S
0.73%
n/a
Long Island Power 5 % Bonds 2017-01.09.42 General Series 2017
0.72%
n/a
SARATOGA CNTY N Y WTR AUTH WTR
0.64%
n/a
NEW YORK N Y
0.61%
Invest with NYF

What is NYF?

The Fund seeks to track the investment results of the ICE AMT-Free New York Municipal Index (the Underlying Index ), which measures the performance of U.S. dollar denominated investment grade tax-exempt debt publicly issued in the U.S. domestic market by the state of New York and its political subdivisions. The Underlying Index includes municipal bonds issued in the State of New York (the State or New York ), the interest of which is exempt from Federal income taxes and not subject to alternative minimum tax.

ETFs related toNYF

ETFs correlated to NYF include SCMB, CGMU, JMUB

NYF
BlackRock Institutional Trust Company N.A. - iShares New York Muni Bond ETF
SCMB
Schwab Strategic Trust - Schwab Municipal Bond ETF
CGMU
Capital Group Fixed Income ETF Trust - Capital Group Municipal Income ETF
JMUB
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Municipal ETF
CMF
BlackRock Institutional Trust Company N.A. - iShares California Muni Bond ETF
MUB
BlackRock Institutional Trust Company N.A. - iShares National Muni Bond ETF
MMIN
IndexIQ Active ETF Trust - IQ MacKay Municipal Insured ETF
MMIT
IndexIQ Active ETF Trust - IQ MacKay Municipal Intermediate ETF
VTEB
Vanguard Group, Inc. - Vanguard Tax-Exempt Bond ETF
TAXF
American Century ETF Trust - American Century Diversified Municipal Bond ETF
IBMQ
iShares Trust - iShares iBonds Dec 2028 Term Muni Bond ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toNYF

#PTC

Pick the Trending Commodity

Category

Living With High Inflation, Ride the Momentum

Risk Rating

Moderate

#DB

Diversification at its Best

Category

Tactical Asset Allocation, Be Risk Aware, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with NYF using Composer

FAQ

NYF is a US Bonds ETF. The Fund seeks to track the investment results of the ICE AMT-Free New York Municipal Index (the Underlying Index ), which measures the performance of U.S. dollar denominated investment grade tax-exempt debt publicly issued in the U.S. domestic market by the state of New York and its political subdivisions. The Underlying Index includes municipal bonds issued in the State of New York (the State or New York ), the interest of which is exempt from Federal income taxes and not subject to alternative minimum tax.

NYF tracks the ICE AMT-Free New York Municipal Index.

No, NYF is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, NYF is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on NYF is -0.0154%. This is the percent change in the value of NYF over the most recent 1-month period. The 3-month return on NYF is -0.031%. This is the percent change in the value of NYF over the most recent 3-month period.

The standard deviation of NYF for the past year is 0.0442%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to NYF include SUB, HYD, and TFI.

ETFs correlated to NYF include SCMB, CGMU, and JMUB.

ETFs that are inversely correlated to NYF include TBT, TTT, and TMV.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.