ELFTX vs. NAD

Last updated Jun 3, 2026

ELFTX (Elfun Tax Exempt Income Fund) is Municipal Bonds fund managed by State Street, while NAD (Nuveen Quality Municipal Income Fund) is a stock.

Performance

ELFTX vs. NAD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Elfun Tax Exempt Income Fund (ELFTX) and Nuveen Quality Municipal Income Fund (NAD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ELFTX

• 1D: -0.10%
• 1M: 0.32%
• YTD: 1.31%
• 6M: 1.76%
• 1Y: 6.98%
• 3Y*: 2.25%
• 5Y*: -0.10%
• 10Y*: 1.47%

NAD

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

ELFTX vs. NAD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ELFTX

ELFTX Risk / Return Rank: 64
ELFTX Sharpe Ratio Rank: 67
ELFTX Sortino Ratio Rank: 81
ELFTX Omega Ratio Rank: 85
ELFTX Calmar Ratio Rank: 42
ELFTX Martin Ratio Rank: 41

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ELFTX vs. NAD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Elfun Tax Exempt Income Fund (ELFTX) and Nuveen Quality Municipal Income Fund (NAD). 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.

	ELFTX	NAD	Difference
Sharpe ratio Return per unit of total volatility	2.41	—	—
Sortino ratio Return per unit of downside risk	3.83	—	—
Omega ratio Gain probability vs. loss probability	1.58	—	—
Calmar ratio Return relative to maximum drawdown	2.51	—	—
Martin ratio Return relative to average drawdown	8.92	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	ELFTX	NAD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.41	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.02	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.38	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.71	—	—

Drawdowns

Drawdown Indicators

	ELFTX	NAD	Difference
Max Drawdown Largest peak-to-trough decline	-19.15%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-2.79%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-6.54%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-13.59%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-13.59%	—	—
Current Drawdown Current decline from peak	-1.41%	—	—
Average Drawdown Average peak-to-trough decline	-3.42%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	0.79%	—	—

Volatility

Volatility by Period

	ELFTX	NAD	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.06%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.07%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.78%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.90%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.86%	—	—

Dividends

ELFTX vs. NAD - Dividend Comparison

ELFTX's dividend yield for the trailing twelve months is around 3.94%, while NAD has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ELFTX Elfun Tax Exempt Income Fund	3.94%	3.99%	2.66%	2.88%	3.09%	2.61%	3.24%	3.78%	4.09%	4.00%	4.00%	3.82%
NAD Nuveen Quality Municipal Income Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%