BCHYX vs. NPV
Compare and contrast key facts about American Century California High Yield Municipal Fund (BCHYX) and Nuveen Virginia Quality Municipal Income Fund (NPV).
BCHYX is managed by American Century. It was launched on Dec 29, 1986. NPV is an actively managed fund by Nuveen. It was launched on Mar 18, 1993.
Performance
BCHYX vs. NPV - Performance Comparison
Loading graphics...
BCHYX vs. NPV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BCHYX American Century California High Yield Municipal Fund | -0.38% | 3.48% | 4.07% | 6.69% | -12.77% | 3.82% | 3.95% | 9.92% | 0.65% | 8.50% |
NPV Nuveen Virginia Quality Municipal Income Fund | 4.94% | -5.91% | 24.61% | 0.42% | -31.53% | 10.93% | 13.15% | 29.60% | -4.42% | 3.20% |
Returns By Period
In the year-to-date period, BCHYX achieves a -0.38% return, which is significantly lower than NPV's 4.94% return. Both investments have delivered pretty close results over the past 10 years, with BCHYX having a 2.39% annualized return and NPV not far ahead at 2.48%.
BCHYX
- 1D
- 0.42%
- 1M
- -2.05%
- YTD
- -0.38%
- 6M
- 1.36%
- 1Y
- 3.49%
- 3Y*
- 3.71%
- 5Y*
- 0.66%
- 10Y*
- 2.39%
NPV
- 1D
- 0.79%
- 1M
- -2.26%
- YTD
- 4.94%
- 6M
- 1.80%
- 1Y
- 2.60%
- 3Y*
- 6.22%
- 5Y*
- -1.65%
- 10Y*
- 2.48%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BCHYX vs. NPV - Expense Ratio Comparison
BCHYX has a 0.49% expense ratio, which is lower than NPV's 1.51% expense ratio.
Return for Risk
BCHYX vs. NPV — Risk / Return Rank
BCHYX
NPV
BCHYX vs. NPV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Century California High Yield Municipal Fund (BCHYX) and Nuveen Virginia Quality Municipal Income Fund (NPV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| BCHYX | NPV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.66 | 0.29 | +0.37 |
Sortino ratioReturn per unit of downside risk | 0.93 | 0.44 | +0.49 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.06 | +0.12 |
Calmar ratioReturn relative to maximum drawdown | 0.78 | 0.31 | +0.47 |
Martin ratioReturn relative to average drawdown | 2.32 | 0.75 | +1.57 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| BCHYX | NPV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.66 | 0.29 | +0.37 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.14 | -0.12 | +0.26 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.50 | 0.19 | +0.31 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.19 | 0.29 | +0.90 |
Correlation
The correlation between BCHYX and NPV is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
BCHYX vs. NPV - Dividend Comparison
BCHYX's dividend yield for the trailing twelve months is around 4.34%, less than NPV's 7.14% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BCHYX American Century California High Yield Municipal Fund | 4.34% | 4.58% | 4.41% | 3.67% | 2.55% | 2.57% | 3.07% | 3.50% | 3.52% | 3.50% | 3.59% | 3.67% |
NPV Nuveen Virginia Quality Municipal Income Fund | 7.14% | 7.55% | 5.63% | 3.89% | 5.08% | 3.42% | 3.49% | 3.58% | 4.62% | 4.40% | 4.87% | 5.25% |
Drawdowns
BCHYX vs. NPV - Drawdown Comparison
The maximum BCHYX drawdown since its inception was -18.35%, smaller than the maximum NPV drawdown of -44.25%. Use the drawdown chart below to compare losses from any high point for BCHYX and NPV.
Loading graphics...
Drawdown Indicators
| BCHYX | NPV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.35% | -44.25% | +25.90% |
Max Drawdown (1Y)Largest decline over 1 year | -5.76% | -8.95% | +3.19% |
Max Drawdown (5Y)Largest decline over 5 years | -18.35% | -44.25% | +25.90% |
Max Drawdown (10Y)Largest decline over 10 years | -18.35% | -44.25% | +25.90% |
Current DrawdownCurrent decline from peak | -2.35% | -17.24% | +14.89% |
Average DrawdownAverage peak-to-trough decline | -2.39% | -10.15% | +7.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.93% | 3.77% | -1.84% |
Volatility
BCHYX vs. NPV - Volatility Comparison
The current volatility for American Century California High Yield Municipal Fund (BCHYX) is 1.24%, while Nuveen Virginia Quality Municipal Income Fund (NPV) has a volatility of 2.60%. This indicates that BCHYX experiences smaller price fluctuations and is considered to be less risky than NPV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| BCHYX | NPV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.24% | 2.60% | -1.36% |
Volatility (6M)Calculated over the trailing 6-month period | 1.97% | 5.25% | -3.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.98% | 9.06% | -3.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.83% | 13.51% | -8.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.79% | 13.19% | -8.40% |