DVMHX vs. NMTRX
Compare and contrast key facts about Delaware Minnesota High-Yield Municipal Bond Fund (DVMHX) and Nuveen Municipal Total Return Managed Accounts (NMTRX).
DVMHX is managed by Delaware Funds by Macquarie. It was launched on Jun 3, 1996. NMTRX is managed by BlackRock. It was launched on May 30, 2007.
Performance
DVMHX vs. NMTRX - Performance Comparison
Loading graphics...
DVMHX vs. NMTRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DVMHX Delaware Minnesota High-Yield Municipal Bond Fund | -0.50% | 4.22% | 5.10% | 5.24% | -10.69% | 3.07% | 3.95% | 8.74% | 0.79% | 5.97% |
NMTRX Nuveen Municipal Total Return Managed Accounts | -0.12% | 3.90% | 1.99% | 6.21% | -11.98% | 2.69% | 5.25% | 9.26% | 1.06% | 7.41% |
Returns By Period
In the year-to-date period, DVMHX achieves a -0.50% return, which is significantly lower than NMTRX's -0.12% return. Both investments have delivered pretty close results over the past 10 years, with DVMHX having a 2.35% annualized return and NMTRX not far behind at 2.27%.
DVMHX
- 1D
- 0.41%
- 1M
- -2.57%
- YTD
- -0.50%
- 6M
- 1.38%
- 1Y
- 3.30%
- 3Y*
- 3.90%
- 5Y*
- 1.03%
- 10Y*
- 2.35%
NMTRX
- 1D
- 0.20%
- 1M
- -1.97%
- YTD
- -0.12%
- 6M
- 1.65%
- 1Y
- 3.78%
- 3Y*
- 3.22%
- 5Y*
- 0.38%
- 10Y*
- 2.27%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DVMHX vs. NMTRX - Expense Ratio Comparison
DVMHX has a 0.88% expense ratio, which is higher than NMTRX's 0.05% expense ratio.
Return for Risk
DVMHX vs. NMTRX — Risk / Return Rank
DVMHX
NMTRX
DVMHX vs. NMTRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Delaware Minnesota High-Yield Municipal Bond Fund (DVMHX) and Nuveen Municipal Total Return Managed Accounts (NMTRX). 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.
| DVMHX | NMTRX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.55 | 0.84 | -0.29 |
Sortino ratioReturn per unit of downside risk | 0.77 | 1.16 | -0.38 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.23 | -0.07 |
Calmar ratioReturn relative to maximum drawdown | 0.74 | 0.99 | -0.24 |
Martin ratioReturn relative to average drawdown | 1.97 | 2.89 | -0.92 |
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
| DVMHX | NMTRX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.55 | 0.84 | -0.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.21 | 0.10 | +0.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.51 | 0.52 | -0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.10 | 0.97 | +0.13 |
Correlation
The correlation between DVMHX and NMTRX is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
DVMHX vs. NMTRX - Dividend Comparison
DVMHX's dividend yield for the trailing twelve months is around 3.82%, less than NMTRX's 4.19% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DVMHX Delaware Minnesota High-Yield Municipal Bond Fund | 3.82% | 4.95% | 4.17% | 3.12% | 2.98% | 2.40% | 2.99% | 3.70% | 3.21% | 3.34% | 3.29% | 3.47% |
NMTRX Nuveen Municipal Total Return Managed Accounts | 4.19% | 4.46% | 3.55% | 3.67% | 3.28% | 2.73% | 2.92% | 3.20% | 3.47% | 3.28% | 3.71% | 3.91% |
Drawdowns
DVMHX vs. NMTRX - Drawdown Comparison
The maximum DVMHX drawdown since its inception was -15.73%, roughly equal to the maximum NMTRX drawdown of -16.36%. Use the drawdown chart below to compare losses from any high point for DVMHX and NMTRX.
Loading graphics...
Drawdown Indicators
| DVMHX | NMTRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.73% | -16.36% | +0.63% |
Max Drawdown (1Y)Largest decline over 1 year | -6.59% | -4.75% | -1.84% |
Max Drawdown (5Y)Largest decline over 5 years | -15.56% | -16.36% | +0.80% |
Max Drawdown (10Y)Largest decline over 10 years | -15.56% | -16.36% | +0.80% |
Current DrawdownCurrent decline from peak | -2.86% | -2.25% | -0.61% |
Average DrawdownAverage peak-to-trough decline | -1.97% | -2.93% | +0.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.49% | 1.62% | +0.87% |
Volatility
DVMHX vs. NMTRX - Volatility Comparison
Delaware Minnesota High-Yield Municipal Bond Fund (DVMHX) has a higher volatility of 1.54% compared to Nuveen Municipal Total Return Managed Accounts (NMTRX) at 1.07%. This indicates that DVMHX's price experiences larger fluctuations and is considered to be riskier than NMTRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| DVMHX | NMTRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.54% | 1.07% | +0.47% |
Volatility (6M)Calculated over the trailing 6-month period | 2.22% | 1.82% | +0.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.84% | 4.93% | +1.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.95% | 3.97% | +0.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.65% | 4.38% | +0.27% |