Performance analysis of FMNY (FIRST TRUST NEW YORK MUNICIPAL HIGH INCOME ETF)
Annual Return
Over the past 3 years, FMNY has had an average annual return of +4.11%, underperforming the benchmark SPY, which returned +22.45% annual.
Over the past 5 years, FMNY has had an average annual return of +0.60%, underperforming the benchmark SPY, which returned +13.88% annual.
Since May 13, 2021, FMNY has had an average annual return of +0.75%, underperforming the benchmark SPY, which returned +14.32% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +1.93% | +3.95% | +1.73% | +6.14% | -10.65% | +1.60% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.63% | +1.96% | -2.59% | +1.05% | +0.58% | +0.35% | +1.93% | ||||||
| 2025 | +0.36% | +1.38% | -2.15% | -0.63% | -0.19% | +0.53% | -0.53% | +0.87% | +2.60% | +1.50% | +0.25% | -0.03% | +3.95% |
| 2024 | +0.11% | -0.02% | +0.20% | -1.21% | -0.44% | +1.85% | +0.82% | +0.61% | +1.47% | -1.47% | +1.31% | -1.45% | +1.73% |
| 2023 | +2.72% | -2.36% | +1.81% | +0.02% | -0.95% | +0.95% | +0.46% | -1.46% | -2.41% | -1.35% | +6.19% | +2.69% | +6.14% |
| 2022 | -3.37% | -1.02% | -3.67% | -3.71% | +0.90% | -1.44% | +2.55% | -2.16% | -3.56% | -0.90% | +5.07% | +0.51% | -10.65% |
| 2021 | +0.50% | +0.55% | +0.79% | -0.59% | -1.04% | -0.16% | +1.18% | +0.38% | +1.60% |
Drawdown analysis of FMNY (FIRST TRUST NEW YORK MUNICIPAL HIGH INCOME ETF)
The maximum drawdown for the FMNY was -15.90%, occurring on Oct 26, 2022. Recovery took 799 trading sessions.
The current FMNY drawdown is -0.65%.
Since May 13, 2021 FMNY has experienced the following drawdowns:
- 10% or more: 1 time
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -15.90% | Jul 19, 2021 | 322 | Oct 26, 2022 | 799 | Jan 5, 2026 | 1121 |
| -2.83% | Feb 27, 2026 | 17 | Mar 24, 2026 | Ongoing | Ongoing | Ongoing |
| -0.65% | Jun 15, 2021 | 7 | Jun 24, 2021 | 9 | Jul 8, 2021 | 16 |
| -0.55% | Jan 14, 2026 | 6 | Jan 23, 2026 | 7 | Feb 3, 2026 | 13 |
| -0.16% | Feb 10, 2026 | 1 | Feb 11, 2026 | 3 | Feb 17, 2026 | 4 |
| -0.15% | May 14, 2021 | 3 | May 19, 2021 | 1 | May 20, 2021 | 4 |
| -0.15% | Jan 7, 2026 | 4 | Jan 13, 2026 | 1 | Jan 14, 2026 | 5 |
| -0.14% | Jul 12, 2021 | 1 | Jul 13, 2021 | 4 | Jul 19, 2021 | 5 |
| -0.11% | May 20, 2021 | 1 | May 21, 2021 | 1 | May 24, 2021 | 2 |
| -0.10% | May 24, 2021 | 1 | May 25, 2021 | 2 | May 27, 2021 | 3 |
| -0.04% | Jan 5, 2026 | 1 | Jan 6, 2026 | 1 | Jan 7, 2026 | 2 |
| -0.04% | Feb 4, 2026 | 1 | Feb 5, 2026 | 1 | Feb 6, 2026 | 2 |
| -0.04% | Feb 18, 2026 | 2 | Feb 20, 2026 | 1 | Feb 23, 2026 | 3 |