BackAB Active ETFs - AB New York Intermediate Municipal ETF Overview
AB Active ETFs Inc. - AB New York Intermediate Municipal ETF

AB Active ETFs - AB New York Intermediate Municipal ETF Return on Equity

Valuation check: NYM's ROE is -65.18%, below the Healthcare sector average of 13.1%.

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ROE

-65.18%

Return on Equity

-65.18%

Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.

ROE (Comparison Companies)

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ROE History

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ROE Comparison

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AB Active ETFs - AB New York Intermediate Municipal ETF (NYM) FAQ

As of the most recent data, NYM shows a ROE of -65.18%. That is below the Healthcare sector average of 13.1%. Scroll down for historical charts and peer comparison views.

The Healthcare sector average ROE is about 13.1%. AB Active ETFs - AB New York Intermediate Municipal ETF is at -65.18%, which is lower that average. That is roughly 597.4% below the sector mean. Use the comparison chart on this page to see how NYM stacks up against individual peers as well.

Check the historical chart to see whether NYM's ROE is trending up or down. Improvement over multiple periods is generally more meaningful than a single strong quarter. Compare AB Active ETFs - AB New York Intermediate Municipal ETF with peers to see if the move is company-specific or sector-wide.

Besides this return on equity page, Stockcircle has AB Active ETFs - AB New York Intermediate Municipal ETF's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect ROE (currently -65.18%) with ownership activity and broader fundamentals.

The Healthcare average ROE is about 13.1%, while NYM is at -65.18%. Typical ranges vary by sub-industry, so always sanity-check against the closest competitors, not just the whole sector bucket.